moving-to-Georgia-with-his-family-unit-5-paper-helpDecember 26, 2020
paraphrase-the-followingDecember 26, 2020
As a member of the finance team, you have been asked to forecast the upcoming yearâ€™s operational budget for Krona Community Hospital. Click here for last yearâ€™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 yearâ€™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 nursesâ€™ 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.
This is a power-point presentation, please include 10 slides plus speaker notes (150 words per slide) and references. I need this later today before midnight. I posted yesterday, but I don’t know what happened! Let me know something soon.
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