Financial forecasts in healthcare
Nelson, M.J.
Computers in Healthcare 12(6): 39; 41
1991
ISSN/ISBN: 0745-1075
PMID: 10111350
Accession: 046093659
Economic forecasts can be a vital tool for management to predict future outcomes and respond to them accordingly. They can also spell trouble for managers who don't know how to properly utilize them. The financial manager must therefore use every tool available when using financial forecasts during the planning process and the author describes the steps necessary in order to make sound judgments.