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The phrase "a budget impact" is correct and usable in written English.
It can be used when discussing the financial effects or consequences of a particular decision, project, or policy.
Example: "The proposed changes to the healthcare system will have a significant budget impact that needs to be carefully evaluated."
Alternatives: "financial effect" or "cost implication".
Exact(60)
To perform a budget impact analysis (BIA) of the treatment with pegylated interferon (pegIFN), alfa-2a or alfa-2b, plus ribavirin in patients with chronic hepatitis C (CHC).
To conduct a budget impact analysis (BIA) of introducing the immunization recommendations of India Expert Advisory Group IEAGG) for the years 2015 2017.
There is growing recognition that a comprehensive economic assessment of a new health-care intervention at the time of launch requires both a cost-effectiveness analysis (CEA) and a budget impact analysis (BIA).
Senator Kent Conrad, Democrat of North Dakota and chairman of the Budget Committee, said it might be possible to use the reconciliation procedure for "a set of relatively minor matters that have a budget impact".
In order to complete the economic and financial dimension, a Budget Impact Analysis (BIA) was implemented.
A cost-effectiveness analysis was conducted, along with a budget impact analysis, and analyses of the impacts on the organisation and on equity.
The purpose of a budget impact study is to estimate the financial consequences of adoption and diffusion of a new health-care intervention within a specific health-care setting or system context given inevitable resource constraints [26].
Finally, a budget impact analysis [29] from the healthcare perspective is performed by combining the costs of a hypothetical number of 20 patients receiving telemedically supported case management with the actual results of summarized resource uses in the two groups.
A budget impact analysis was performed.
A budget impact analysis was conducted from a payer perspective.
A budget impact analysis has been carried out based on national epidemiological, clinical and economic data.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com