Posted: July 17th, 2017

Prepare next year’s financial plan and operational budget.

• Prepare next year’s financial plan and operational budget.
  • Note: Keep in mind that the budget you created for your Phase 2 Individual Project did not take into account the growth of the new facility. The CEO has asked that you expand that budget and provide a finalized budget that will take into account the new services offered. The CEO has stated that there is $3 million that you can incorporate into the budget for additional staffing, services, maintenance, and so forth.
• Make sure the budget reflects the following:
  • Increase in revenue reimbursement
  • Allocation for the proposed improvements
  • Increase in salaries

Be sure to discuss the following areas:

• Funding sources
• Your methodology in revenue forecasting
• How the new services will impact revenue
• Fixed and variable costs
• Project inpatient and outpatient visits based on current trends

Key Assignment Instructions

Create a PowerPoint presentation of 7–10 slides (with speaker notes of 200–250 words for each slide, excluding the title and reference slides) that will be presented to the general meeting of directors.