Hospital Budget Systems Are Holding Back Innovation
Harvard Business
MARCH 29, 2018
Nearly 800 digital health startups were funded in 2017, an all-time high. A department running over its budget during a fiscal year must reduce its expenditures to meet the annual spending target regardless of the consequences in future years. Gillian Blease/Getty Images. health care system. Problem 2: Rigid annual operating budgets.
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