Internal ABF Budget Model at Central Coast LHD Improves Budgeting Process

At Central Coast LHD the internal allocation of annual budget was performed using historical actuals by division, with some allowances for indexation and growth. This failed to accurately allocate budget where activity was actually occurring.

Development and implement an ABF budget allocation model for each division based on activity (NWAU) was implemented and resulted in:

• Alignment of activity and budget
• Monthly reporting means people are considering these things regularly
• Link between casemix improvement and budget
• Waiting to see financial impact once measured

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