BENCHMARKING & PERFORMANCE IMPROVEMENT
VERY FEW HOSPITALS GET IT RIGHT IN ALL DEPARTMENTS
ABOUT ZERO-BASED BUDGETING
Zero-based budgeting for staffing is a process which builds staffing needs based on a set of expectations about future performance.
Traditional budgeting methodology begins with the prior year as a base. Zero-based budgeting starts “from nothing” so that all assumptions about staffing department are explicitly recognized.
Zero-based budgeting allows an accurate comparison between actual costs and proposed changes.
ADVANTAGES OF ZERO-BASED BUDGETING
- It removes the bias of previous budgets
- It can incorporate “Ideal Staffing” parameters
- It provides an approximation of potential overall savings related to a redesign