Miss Natalia

(14)

$20/per page/Negotiable

About Miss Natalia

Levels Tought:
Elementary,High School,College,University

Expertise:
Accounting,Business & Finance See all
Accounting,Business & Finance,Calculus,Computer Science,Environmental science,Health & Medical Hide all
Teaching Since: Apr 2017
Last Sign in: 267 Weeks Ago
Questions Answered: 6064
Tutorials Posted: 6070

Education

  • Doctor of Education in Educational Leadership with a Specialization in Educational Technology
    Phoniex University
    Oct-1999 - Nov-2005

Experience

  • HR Executive
    a21, Inc.
    Nov-1998 - Dec-2005

Category > Business & Finance Posted 24 May 2017 My Price 11.00

Why would there be a need to increase payroll, particularly nurses’ salaries?

PowerPoint presentation of 10–15 slides + speaker notes of 150 words  PER SLIDE

3 scholarly references

LAST YEAR'S BUDGET IS ATTACHED!!

 

100% NO PLAGARISM

 

As a member of the finance team, you have been asked to forecast the upcoming year’s operational budget for Krona Community Hospital. Last year’s budget is attached. 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.

LAST YEAR'S BUDGET BELOW!!!!

 

 

KRONA HOSPITAL                            OPERATING BUDGET FOR 20XX  
Revenues  
  Inpatient   $25,000,000   
  Outpatient 15,000,000  
  Emergency Room 10,000,000  
  Laboratory 5,000,000  
  Pharmacy 1,500,000  
  Home Health and Hospice 1,500,000  
  Ambulance Services 950,000  
  Substance Abuse 250,000  
  Other 850,000  
Subtotal  $60,050,000   
  Less Chartiy Care 18,000,000  
Net Revenues  $42,050,000   
Expenses  
  Payroll (including nursing salaries)  $12,500,000   
  Benefits 3,000,000  
  Contract Labor 100,000  
  Insurance 300,000  
  General Services (laundary, security, etc)         3,000,000  
  Depreciation  1,500,000  
  Interest Expense 300,000  
  Professional Services 10,000,000  
Total Operating Expenses  $30,700,000   
                 
Net Income  $11,350,000   
                 

Attachments:

Answers

Miss Natalia
(14)
Status NEW Posted 24 May 2017 02:05 AM My Price 11.00

Sol-----------uti-----------ons----------- fi-----------le ----------- He-----------llo----------- Si-----------r/M-----------ada-----------m -----------Tha-----------nk -----------you----------- fo-----------r y-----------our----------- in-----------ter-----------est----------- an-----------d b-----------uyi-----------ng -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------. P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I-----------

Not Rated(0)
Relevent Questions