Due 3/10/17 @8:00 a.m. utilize the budget at the bottom of page. 100 percent original with at least 2 references APA format. needs to have at least 1500-1700 words with at least 2 references APA format.
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.
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’s 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.
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.
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:
Be sure to discuss the following areas:
|KRONA HOSPITAL OPERATING BUDGET FOR 2017|
|Home Health and Hospice||1,725,000|
|Less Chartiy Care||18,000,000|
|Net Revenues||$ 47,100,000|
|Payroll (including nursing salaries)||$ 13,750,000|
|General Services (laundary, security, etc)||3,000,000|
|Total Operating Expenses||$ 32,250,000|
|Net Income||$ 14,850,000|