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.

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.