User Account

All Pages

Operational budget for krona community

Assignment Help Business Management
Reference no: EM131506614

As a member of the finance team, you have been asked to forecast the upcoming year's operational budget for Krona Community Hospital. Click here for last year's budget. 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:

  • 10% increase in inpatient revenue
  • 15% increase in outpatient revenue
  • 5% increase in pharmacy revenue
  • 15% increase in home health and hospital revenue
  • 10% increase in payroll and benefits

Note: The budget should be formatted to reflect the percentage increase or decrease from last year's budget.

Additionally, provide discussion on the following:

  • How might you increase revenue in each of the areas? Think outside of the box, and perform research to determine current trends in those areas.
  • Why would there be a need to increase payroll, particularly nurses' salaries?
  • Provide an explanation as to how the Krona Community Hospital may be able to achieve an increase in the revenue areas that the chief executive officer (CEO) wishes you to address.

Reference no: EM131506614

Questions Cloud

The politics of medicare and medicaid : One of the significant challenges for Medicare and Medicaid is not necessarily the implementation of the program but the influence of the political climate.
Find out how many times a customer generated an invoice : List all the record/s in the vendor table that do not have a value for the attribute V_STATE.
What are the risks and liability factors in an audit : What are the risks and liability factors in an audit? What are the implications to the auditors What are the implications to the organizations?
Retain a more diverse workforce : What are the main things you would do to recruit and retain a more diverse workforce?
Operational budget for krona community : As a member of the finance team, you have been asked to forecast the upcoming year's operational budget for Krona Community Hospital.
Your own professional code of communication : Prepare a presentation that serves as your own professional code of communication.Analyze communication techniques & reflect upon your own communication skills.
Think of an organizational change : 1. Think of an organizational change that you experienced. Describe how you were impacted by the change.
Explain your stance and perspective on same sex marriage : Write an Exploratory 500 word Essay. Prompt: explain your stance/perspective on same sex marriage
Hire acceptance letter to send to the candidate : Create a 525- to 700-word new hire acceptance letter to send to the candidate.

Reviews

Write a Review

Business Management Questions & Answers

  Describe distinguish between crowding out and crowding

Describe Distinguish between crowding out and crowding in and It is often said that we are passing our national debt on to our children and grandchildren

  International company headquartered in ireland

If you were the CFO for a $10 billion-a-year international company headquartered in Ireland, which accounting rules would you recommend your company to follow:

  Explain a manufacturer of fat-free granola bars

Explain A manufacturer of fat-free granola bars is considering targeting school-age children by positioning its product as a healthy

  Determining the elements of a valid contract

Is this a valid contract? Review the elements of a valid contract, which have been discussed thus far in this course, as you respond to this question. Define consideration and explain why you are of the opinion that there is or is not consideratio..

  Explain payroll deduction at the end of each month

Explain Deposits to the Roth IRA will be made via a $150 payroll deduction at the end of each month. Assume that Edward will earn 8.75% over the life of the IRA. How much will he have at the end of 35 years?

  Split the cost

Split the Cost Suppose your roommate suggests that you both vote yes or no. If you both vote yes than you both buy the machine and pay $25 each. If either of you votes no then the machine is not bought.

  Create income statements and balance sheets for three years

Discuss and show the cost associated with starting your company and show a pricing model for your products or services (create a table in Excel).

  How would you locate future clients

If you were starting out as a consultant, how would you locate future clients? Please discuss your potential sources and methods of networking.

  Strengths and weaknesses of qualitative field research

Discuss the major strengths and weaknesses of qualitative field research. Offer an example of research question that is more appropriate for using qualitative field research method than quantitative research method and explain why.

  Communication and feedback processes

Based on your KPIs, smart goals, communication and feedback processes and the organisation's operational plans.

  Interpret reflective and expedient decision making

Interpret reflective and expedient decision making, escribe common biases in decision making. Explain the roles of emotion and fairness in decision making

  Program to calculate fft

Find or write (think about recursion, here) a program to calculate FFT. Comment the program in your own words.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd