Strategic Capital Planning and Capital Budgeting
We are managing in the greatest time of change that health care delivery has ever experienced. Strategic management is essential if we are to survive let alone thrive in the changes that lie ahead. “You can’t manage what you don’t know” is an old adage that has never been more true. Learning to anticipate possible changes; assessing their implication and impact on your organization and your capital structure; and developing an action plan to minimize the negative impacts and maximize the potential opportunities is what strategic capital planning is about. We will also hear from a critical access hospital CEO who will discuss the importance of capital budgeting and provide some “how to” tips in creating organizational capital budgets.
- Terry Glasscock, Senior Project Consultant, Capital Link
- Rick Breuer, CEO, Community Memorial Hospital