Choose a health care department in 1 of the following: rehabilitation center, veterans hospital, acute care hospital, childrens hospital, nursing home, or something similar. You will be in charge of this department. Include the following in your paper: Expand on the role of government programs on your departments number of beds, length of stay, and inpatient and outpatient or transitory status. Locate at least 3 government or nongovernment sources of information that you can use to compare with your current budget (e.g., benchmark information). Evaluate what adjustments you would make based on the following considerations: size, location, payer mix, and others. Develop a final budget for your departmentbased on the researched sources of informationto include, at a minimum, personnel costs, equipment costs, repair and maintenance costs, utility costs, facility costs, administration costs, and so on for 1 full year. Articles on Health Care Budgeting 1 The following is a list of articles and summary descriptions on effective budgeting processes in health care. Use the online library to search for the complete article at https://mycampus.aiuonline.com/portal/5/library/pages/libraryhome.aspx, or copy and paste the Web address from each reference into your browser. Article 1 Mountains Community Hospital. (2012). Fiscal year 2012 operating budget assumptions. Retrieved from the San Bernardino County Web site: https://www.sbcounty.gov/lafco/items/201201/item_7_2e.pdf This document provides the operating budget for a community hospital located in San Bernardino County, California. Article 2 Green Mountain Care Board. (2012). The Green Mountain guide to hospital budget review. Retrieved from https://gmcboard.vermont.gov/sites/gmcboard/files/GMCB%20Hospital %20Budget%20Review.pdf Hospital budget review is intended to help bend the curve of health care costs; in other words, to stop the cost of health care from rising so quickly. This document, from Vermonts Green Mountain Care Board, provides an overview of budget review considerations. Article 3 Sonoma Valley Health Care District. (2012). Report of independent auditors and consolidated financial statements with supplementary information. Retrieved from https://www.svh.com/wpcontent/uploads/2012/03/2011-2012_Audited_Financials1.pdf This document provides an example of a 2-year budget for a hospital system. Article 4 Kaufman, F. (2009). A primer on hospital accounting and finance for trustees and other healthcare professionals (4th ed.). Skokie, IL: KaufmanHall. Articles on Health Care Budgeting 2 Retrieved from https://dhss.alaska.gov/ahcc/Documents/meetings/201306/PrimerHosp AcctFinance4thEd.pdf The worldwide economic crisis, which cascaded through the U.S. capital and credit markets in 2007 and 2008, is significantly altering the financial and competitive landscape of the nations hospitals and health systems. In the current environment, all health care organizations are facing difficult financial challenges with potentially game-changing strategic implications. Careful and credible decision making by trustees and executives is more critical than ever. Decisions must reflect financial expertise and a thorough understanding of the organizations financial condition. The intent of this publication is to facilitate improved financial decision making by providing board members and senior leaders with an easy-to-understand guide to the basic principles of health care accounting, reimbursement, and finance. Readers are advised to seek in-depth information as required in each specific circumstance. Grading Criteria Percentage Deliverable requirements addressed; understanding of material and writer’s message and intent are clear 35% Scholarly research which supports writer’s position properly acknowledged and cited direct quotations may not exceed 10% of the word count of the body of the assignment deliverable (excluded title page, abstract or table of contents if used, tables, exhibits, appendices, and reference page(s). Inclusion of plagiarized content will not be tolerated and may result in adverse academic consequences. 20% Critical thinking: position is well justified; logical flow; examples 20% Structure: includes introduction and conclusion; proper paragraph format and reads as a polished, academic paper or professional presentation, as appropriate for the required assignment deliverable 10% Mechanical – no spelling, grammatical or punctuation errors 10% APA – deliverable is cited properly according to the APA Publication Manual (6th Ed.) 5%
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