Budget Setting: Cost Control Policy

The cost control policy under consideration, in this case, is the annual establishment of a dynamic team for cost containment through budget setting, review the utilization process, and tracking the key performance indicators, among other things. It was established in 2015 and has revolutionized all the aspects of the healthcare organizations' operations. The policy required the members to compare and review the budgetary allocations and the cost units in the facility that are supposed to be prioritized.

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