THE ROLE OF BUDGETING AND BUDGETARY CONTROL ON PERFORMANCE. A CASE OF HOLY FAMILY HOSPITAL, NKAWKAW

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.