Resources: Budgets under Chief Financial Officer in the Patton-Fuller Community Hospital Virtual Organization, University of Phoenix Material: 2010 Operating Budget Projection, Health Care Budget Grading Criteria and worksheet provided in the Course Materials Forum.
Review the 2009 Operating Budget Projections and the assumptions following the projected numbers in the Budgets tab under Chief Financial Officers in the Patton-Fuller Community Hospital Virtual Organization on the student website. PFCH is a virtual organization that can be found in the link on the upper left of the webpage. Click healthcare to find Patton Fuller Community Hospital.
Assume the 2009 projections were realized.
Use the University of Phoenix Material: 2010 Operating Budget Projections.
Develop a budget for Patton-Fuller Community Hospital based on the 2009 Operating Budget and the 2010 Operating Budget Assumptions.
Following the OPERATING budget, write an analysis that includes accurate 2010 Operating Budget Projection based on 2009 Operating Budget and 2010 Budget Assumptions, identifies and discusses effective and ineffective financial management practices in the healthcare setting and as applied to Patton Fuller Community Hospital, and provides the student’s recommendations.
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