Abstract:
Budgeting and budgetary controls are tools of financial management, designed for
achievement of goals and objectives of organizations of which hospitals are part of. It is
in this vein that this work explored on the possible impact of budget and budgetary control
on the hospital performance. The focus was on the Holy Family Hospital, Nkawkaw.
In the course of this research work 21 workers at the said hospital was taken as sample
population. The research found out among other things that hospital prepares budgets and
controls. It also revealed that those who involve budget gain better performance over those
who do not. However, poor budget formulation and implementation and low revenue
generation base make it difficult for the hospital to live up to its responsibility as health
care institution.
It is recommended that subordinates are always involved in budgeting; it is also
recommended that the hospital keep involving the practice of budget so as to improve on
performance. This would ensure that the hospitals achieve its target.