Financial forecasting helps commissioners and providers with financial planning.
The forecast out-turn is a forecast of the spend for each practice for the current financial year, calculated using the expected profile of expenditure for England.
https://www.nhsbsa.nhs.uk/prescription-data/understanding-our-data/financial-forecasting
What does "expected profile of expenditure" mean?
What does profile mean here?
What does profile mean here? That is all internal NHS jargon. I think it's hilarious that you found that sentence under "Understanding our data".
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JigneshbharatiWhat does "expected profile of expenditure" mean?What does profile mean here?
That is all internal NHS jargon. I think it's hilarious that you found that sentence under "Understanding our data". I don't know what they mean by "out-turn", "spend", practice", profile" or "expenditure". I searched on "glossary" using their search box on that page
JigneshbharatiWhat does "expected profile of expenditure" mean?
numeric details about how much money will probably be spent (in a year) and what the money will probably be spent on
Or, more briefly,
how much spending is expected
JigneshbharatiWhat does profile mean here?
profile: A graphical or other re