Describe variance issue to addressed in accordance with hcos

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Reference no: EM133580583

Assignment: Variance Analysis

Assume that you are the manager of a hospital department that cares for patients, and you just received your monthly budget results that state your salaries were higher and your supply use was lower than budgeted.

Write a paper (1,000 to 1,200 words) that explains the following points:

Question A. Include what factors you should consider when writing your variance report to your vice president. Keep in mind that your vice president expects managers to write detailed variance reports that include all possibilities.

Question B. Compare the operational variance report budget goals and actual results of performance.

Question C. Describe the variance issues to be addressed in accordance with health care organizations (HCOs) that require justification if they are over or under the threshold for action.

Cleverly, W.O., Song, P.H., &Cleverly , J.O.(2011). Essentials of Health Care Finance(7th ed).

Sudbury, MA: Jones & Barlett. BibliU - Reader - Essentials of Health Care Finance.

Reference no: EM133580583

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