For this assignment, assume the role of Chief Financial Officer (CFO) of a multi-complex health care organization that includes rehabilitation facilities, ambulatory care centers, and outpatient surgical centers.
Write a 1,750- to 2,100-word paper in which you address financial resources and budgeting processes as CFO of your organization. Your paper should include the following:
- Develop a strategic budget goal for each department in your organization (Rehab, Ambulatory Care, and Outpatient Surgery).
- Justify each goal and explain its role in maintaining the department’s budget.
- Identify the major components to be included on an income and expense budget for each department.
- Discuss the impact of performance measures on budgeting.
- Examine the role of policy, accountability, and monitoring in your budgeting process.
- Explain how your organization will adapt to financial profits or losses due to:
- The Affordable Care Act
- Centers for Medicaid and Medicare Services (CMS)
- Managed Care Pairs
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
DHA 711 WEEK 6 Managing Financial Resources and Budgeting Processes
For this assignment, assume the role of Chief Financial Officer (CFO) of a multi-complex health care organization that includes rehabilitation facilities, ambulatory care centers, and outpatient surgical centers.
Write a 1,750- to 2,100-word paper in which you address financial resources and budgeting processes as CFO of your organization. Your paper should include the following:
- Develop a strategic budget goal for each department in your organization (Rehab, Ambulatory Care, and Outpatient Surgery).
- Justify each goal and explain its role in maintaining the department’s budget.
- Identify the major components to be included on an income and expense budget for each department.
- Discuss the impact of performance measures on budgeting.
- Examine the role of policy, accountability, and monitoring in your budgeting process.
- Explain how your organization will adapt to financial profits or losses due to:
- The Affordable Care Act
- Centers for Medicaid and Medicare Services (CMS)
- Managed Care Pairs
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
