Navigating ASC Budgeting
Budgeting is a crucial aspect for ASCs to align financial planning with strategic goals. In MedHQ’s recent webinar, Matt Lau, MBA and Dhara Raval, CPA provided a comprehensive guide on how to approach ASC budgeting.
Topics covered include:
- Business Planning and Setting Goals – For the Next Year
- Budget Process and Spreadsheet – Methodological Forecasting Based on the Business Plan and Goals for the Upcoming Year
- Budget Review and Timeline – Assessment of Reasonability and Recommended Timeline
During the webinar, they provided valuable insights into this process, offering a structured approach to help ASCs create accurate and actionable budgets.
View the presentation here.
Meet our Accounting Leadership
Matt Lau, MBA
SVP of Client Accounting & Finance Matt has over 20 years of experience in the healthcare finance industry with workflow optimization, revenue generation, and budget management. He joins MedHQ after a 16-year tenure at Regent Surgical Health, serving in multiple roles, including Chief Financial Officer. Matt is a goal-oriented change agent and leader with a proven track record of implementing impactful solutions. He believes in communicating cross-functionally to ensure organizational cohesion and productivity.
Dhara Raval, CPA
Accounting Manager Dhara has been with MedHQ for 7 years as part of the Accounting team. She currently serves as Accounting Manager and works closely with the team to deliver customized financial services to clients. Dhara has over 10 years of experience in accounting, taxation, and auditing.