Explain the importance of prices and volume

Assignment Help Accounting Basics

Reference no: EM133611935

Question: Discuss sources of revenues

Explain the importance of prices and volume in revenue budgeting

Clarify why revenues are often ignored in nursing budgets

Discuss when revenues should be considered in nursing budgets

Provide examples of revenue budget calculations

Discuss revenues from managed care organizations

Define capitation

Explain the impact of capitation on risk

Provide an example of how capitation rates can be calculated

Define risk-sharing pools and discuss their use

Explain the various factors related to preparation of an operating budget

Define the elements of workload

Provide a technique for calculating personnel service requirements and costs

Provide a technique for calculating other-than-personnel service requirements and costs

Describe the process of budget submission, negotiation, and approval

Consider issues related to the implementation of the operating budget

Reference no: EM133611935

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Explain the importance of prices and volume : Explain the importance of prices and volume in revenue budgeting Clarify why revenues are often ignored in nursing budgets

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