The Sustainability Buegeting Model: Multiple-mode flexible budgeting using sustainability as the synthesizing criterion

Christine Tassone Kovner, Edward J. Lusk

Research output: Contribution to journalArticlepeer-review

Abstract

The Sustainability Budgeting Model (SBM) is presented in the context of a department of nursing of a major hospital. If successfully incorporated in the department of nursing, the SBM can easily be moved into the larger hospital context. The SBM was designed recognizing the three necessary components underlying all budgeting models. The SBM incorporates the inherent variability of the resource inflows and outflows and in that sense is robust; it is recommended these resource flows be calibrated for the various time horizons using the standard Present Value model so as to provide comparability across projects. Most importantly, the SBM focuses on financial sustainability considering all the relevant costs - variable and fixed - and so speaks to longterm coordinated planning and continuation of desired patient services.

Original languageEnglish (US)
Pages (from-to)377-385
Number of pages9
JournalNursing Economics
Volume28
Issue number6
StatePublished - Nov 2010

ASJC Scopus subject areas

  • Leadership and Management

Fingerprint Dive into the research topics of 'The Sustainability Buegeting Model: Multiple-mode flexible budgeting using sustainability as the synthesizing criterion'. Together they form a unique fingerprint.

Cite this