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Zero-based budgeting for health plans : dealing with uncertainty ahead

Recurso electrónico / Electronic resource
MARC record
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008  180511e20200901usa|||| ||| ||eng d
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24510‎$a‎Zero-based budgeting for health plans‎$b‎: dealing with uncertainty ahead‎$c‎Sameer Chowdhary...[Et al.]
260  ‎$a‎New York‎$b‎McKinsey & Company‎$c‎2020
300  ‎$a‎8 p.
4900 ‎$a‎Healthcare Systems and Services Practice
520  ‎$a‎COVID-19 has been linked to dramatic shifts in demand and extreme uncertainty within payer functions, which in turn could lead to bloated administrative spending in 2021. Executives seeking to right size and create variability in their budgets may want to consider a triedand-true formula that has not gained traction in the healthcare world: zero-based budgeting. The upcoming budget cycle, due to start or in the works with many payers this month, is likely to be particularly challenging. Chief financial officers potentially have less information on which to base their budgets due to shifts in drivers of work, which are the units of demand on payer functions. This shift is a problem created by the COVID-19 crisis. For example, ambulatory claims have dropped (and since risen) significantly, and the volatility in claims and call volumes may continue through 2021.
650 4‎$0‎MAPA20200005599‎$a‎COVID-19
650 4‎$0‎MAPA20200005391‎$a‎Coronavirus
650 4‎$0‎MAPA20080552022‎$a‎Pandemias
650 4‎$0‎MAPA20080593674‎$a‎Sistemas sanitarios
650 4‎$0‎MAPA20080563820‎$a‎Presupuestos
650 4‎$0‎MAPA20080603014‎$a‎Presupuesto base cero
650 4‎$0‎MAPA20080561895‎$a‎Contabilidad
7001 ‎$0‎MAPA20200020080‎$a‎Chowdhary, Sameer
7102 ‎$0‎MAPA20080442569‎$a‎McKinsey & Company
830 0‎$0‎MAPA20200011439‎$a‎Healthcare Systems & Services