{"id":52133,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/krona-community-hospital-financial-plan-operational-budget"},"modified":"2017-08-16T12:40:13","modified_gmt":"2017-08-16T12:40:13","slug":"krona-community-hospital-financial-plan-operational-budget","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/krona-community-hospital-financial-plan-operational-budget\/","title":{"rendered":"Krona Community Hospital \u2013 Financial Plan &#038; Operational Budget"},"content":{"rendered":"<p>It has to be 8 pages the least<\/p>\n<p>Colorado Technical University<\/p>\n<p>Established in 1977, Krona Community Hospital is a 60-bed, acute care hospital located in the heart of Banconota County. With a staff of nearly 100 physicians and specialists, 400 employees, and 75 volunteers, they offer a full range of health care services. They are accredited by The Joint Commission.<\/p>\n<p>Nouveau Health, a private, not-for-profit health care chain, took over the management of Krona Hospital. Last year, state officials began to discuss Nouveau\u2019s proposal to build a new, replacement hospital in Banconota County. The new facility would have 74 acute care beds, four observation rooms, four surgical operating rooms, one c-section room, a 24-hour emergency department, a maternity center, an intensive care unit, and extensive support services, including physical therapy and cardiac rehabilitation. All patient rooms would be private.<\/p>\n<p>You are a staff member in the finance department at Nouveau Health, whose sole responsibility is to advance the success of the organization through assisting in planning, forecasting, and finance management.<\/p>\n<p>Your Key Assignment Draft is designed to help you prepare for the presentation in Phase 5. The chief executive officer (CEO) of Krona has asked that you complete the following:<\/p>\n<ul>\n<li>Prepare next year\u2019s financial plan and operational budget.\n<ul>\n<li><b>Note: <\/b>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.<\/li>\n<\/ul>\n<\/li>\n<li>Make sure the budget reflects the following:\n<ul>\n<li>Increase in revenue reimbursement<\/li>\n<li>Allocation for the proposed improvements<\/li>\n<li>Increase in salaries<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Be sure to discuss the following areas:<\/p>\n<ul>\n<li>Funding sources<\/li>\n<li>Your methodology in revenue forecasting<\/li>\n<li>How the new services will impact revenue<\/li>\n<li>Fixed and variable costs<\/li>\n<li>Project inpatient and outpatient visits based on current trends<\/li>\n<\/ul>\n<p><b>Please submit your assignment.<\/b><\/p>\n<p><b>For assistance with your assignment, please use your text, Web resources, and all course materials.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It has to be 8 pages the least Colorado Technical University Established in 1977, Krona Community Hospital is a 60-bed, acute care hospital located in the heart of Banconota County. With a staff of nearly 100 physicians and specialists, 400 <a href=\"https:\/\/www.benedictsol.com\/blogs\/krona-community-hospital-financial-plan-operational-budget\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-52133","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/52133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=52133"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/52133\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=52133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=52133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=52133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}