Article Review: Flexing Your Budget

Author of Article: Paul Barr

Title of Article: Flexing your budget. Experts urge hospitals, systems to trade in their traditional budgeting process for a more dynamic and versatile model.

Journal/ Newspaper/ Website - Name and date: Modern Healthcare, 35(37), 24.

Summary of Article:

(This section is a summary of the article. It should be about a paragraph in length.)

Key Points:

(This section should state the important points discussed in the article. It should be bulleted or numbered and in sentence form.)

Your Own Analysis:

(This section should discuss what you thought about the article.)

Questions:

• What the benefits of having a flexible budget?

• What are some of the downsides of having a flexible budget?

• Do you think the budget busters are accurate? Why or why not?

• How does the flexible budget address these budget busters?