Fiscal Management in Healthcare Services
8-10 slide PowerPoint presentation, 500-850 word executive summary + individual portions
Details:
Krona Community Hospital must prepare its annual operating budget for all departments.
Group portion: Divide the budget sections among members and agree upon any necessary basics for a coordinated effort. Agree upon enough basics to divide the responsibility of each group member creating different department(s) budgets (for example, emergency room, pediatric unit, intensive care unit, facilities).
Summarize the budget for Krona Community Hospital with an executive summary. Submit one executive summary per group. (500-850 word response per group)
Please add your file.
Individual portion:
As a member of the finance team, you have been asked to prepare the upcoming year’s organizational budget for your department at Krona Community Hospital. After reviewing specific data, internal input, and external input from various sources, you find that the executive management team would like the budget to reflect the following:
increase in revenue
reimbursement allocation for proposed improvements
increase in nurses’ salaries
Prepare the annual operating budget that is broken out by department.
Make sure the budgets for each department are properly proportionate to the overall budget. (200-400 words explanation per individual).
The budget should be formatted to reflect the percentage increase or decrease from last years’ budget.
The budget should reference one of the following:
fixed budget
statistical budget
revenue budget
capital budget
cash budget
flexible budget
bottom-up budget
top-down budgetPlease someone help i need this as soon as possible i keep having people rip me off
Fiscal Management in Healthcare Services