HCS 577 HCS\577 Week 6 Learning Team Assignment Health Care Business Analysis
Resources: Budgets under Chief Financial Officer in the Patton-Fuller Community Hospital Virtual Organization, the Health Care Budget assignment from Week Five, and the Health Care Business Analysis Grading Criteria located on your student website
Review the 2009 Budget Issues – Nurses in the Patton-Fuller Community Hospital Virtual Organization.
Decide which of the two highlighted options on the Nursing Statistics memo of the 2009 Budget Issues – Nurses you will implement.
Discuss, as a team, the decision-making process in creating a budget.
Create a new 2010 Operating Budget Projection based on your labor decision from the Nursing Statistics memo.
Create a 15- to 20-slide Microsoft®PowerPoint® presentation with detailed speaker notes in which you do the following:
Present your 2010 Operating Budget Projection. Include an introduction in which you do the following:
Differentiate between managerial accounting and financial management.
Explain generally accepted accounting principles applied to the health care industry and how they are applied to your Operating Budget Projection.
Justify your decision. Include numbers from the organization to support your analysis, such as numbers related to accounting principals, fiscal management, the balance sheet, and so on.
Analyze the effect of your decision on the operating budget.
What is the opportunity cost of your decision?
How does budget performance affect patient care and employee satisfaction?
How are finance and accounting related to an operating budget?
Explain the role of cost measurement in maintaining the operating and capital budgets via variance analysis.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more