Pictures or appendices of this should not be included in your presentation. Do not bulk up your paper with numbers. So these should not be on your Reference page or cited in any way. If you have questions, ask them early. Decide which of the two highlighted options on the Nursing Statistics memo of the Budget Issues — Nurses you will implement.
How are finance and accounting related to an operating budget? Describe the relationship of the financial statements used in the financial plan. What is the opportunity cost of your decision?
Address the following in the detailed speaker notes: Your paper must contain all of the information in the Annual Report to substantiate the changes seen on your spreadsheet you are creating below. Describe the financial structure. Compare the similarities and differences between the for-profit, not-for-profit, and government financial environment e.
Include numbers from the organization to support your analysis, such as numbers related to accounting principals, fiscal management, the balance sheet, and so on.
Identify the financial statements Statement of Revenue, Income Statement, Variance Report, etc used to develop the financial plan.
You will only be doing a paper. Submit this as its own document. Which financial policies are unique to each environment? Remember — financial sheets are in millions All documents in the virtual organization used for your assignments are not cited, as they are part of your assignment.
Which financial management practices are prevalent in each environment? Clarify the financial contribution of each participant and the effect of each as a source of revenue.
How does budget performance affect patient care and employee satisfaction? This budget is critical to the success of your paper and final grade.
Discuss the value of each financial statement identified to your decision-making process in the financial plan. You will not be handing in the worksheet for this assignment. Financial Environments Paper Grading Criteria located on your student website.
Financial spreadsheets drop at least the last three zeros for easier reading. If you have questions about this, please ask them early.
Explain the role of cost measurement in maintaining the operating and capital budgets via variance analysis. Describe each payment system and its effect on financial planning. A word paper in which you: Analyze the effect of your decision on the operating budget.
Write a 1, to 1,word summary comparing the financial environments of these three entities. Without the information from the Annual Report, you cannot pass this assignment.
Identify the GAAP used to create the financial plan.
The point is to explain the changes. Provide a thorough introduction of your presentation Differentiate between managerial accounting and financial management Explain GAAP applied to the health care industry and how they applied to your Operating Budget Projection Justify your decision.
Identify one entity from each health care financial environment identified in the Assignment from Week 1 this means you will discuss one for-profit you identified in Week 1, one not-for-profit you identified in Week 1, and one government environment you identified in Week 1.
Address the following for each environment: You may use it as a guide. Remember financial spreadsheets are in millions All documents in the virtual organization used for your assignments are not cited, as they are part of your assignment. Discuss which financial management practices are most effective in creating and monitoring an operating budget This should include: Describe revenue trends that affect the hospital the economy, seasonal issues, unemployment.
This means nothing to the reader. Choose three examples for each financial environment as it relates to healthcare. This means you will need three examples of for-profit organizations, three examples of not-for-profit, organizations and three examples of government financial environments in the health care industry specify by name, such as St.Apr 25, · HCS Entire Course.
Financial Plan and Presentation Grading Criteria located on your student website. Develop a financial plan in Microsoft® Excel ®for Patton-Fuller Community Hospital for the upcoming year using the Operating Budget Assumptions memo and the Operating Budget in the Patton-Fuller.
Resources: Budgets and Financial Statements under Chief Financial Officer in the Patton-Fuller Community Hospital Virtual Organization, Material: Operating Budget Projection located on your student website, Financial Plan and Presentation Grading Criteria located on your student website Develop a financial plan for Patton-Fuller.
An operating budget is the overall financial plan for the Organization spanning an entire year. Our teams decision to increase the nurses wages by $1 per hour will give an increase to the Hospital’s expenses of their budget.
Health care business analysis 1.
Health Care Business Analysis HCS/ Sharon Sanders April 15, Team D. Financial Plan and Presentation HCS/ This preview has intentionally blurred sections. Sign up to view the full version%(14). HCS Week 4 Learning Team Assignment Financial Plan and Presentation $ HCS Week 5 Individual Assignment Health Care Budget $ HCS Week 6 Learning Team Assignment Health Care Business Analysis $ Category: HCS HCS WEEK 1 Financial Environments Worksheet HCS WEEK 2 Comparative Summary HCS WEEK 4 Financial Plan and Presentation HCS WEEK 5 Health Care Budget HCS WEEK 6 Health Care Business Analysis.Download