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How the new services will impact revenue

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Using the budget information from Unit 1 and the financial plan and operational budget from the Unit 4 Intellipath Assignment, discuss the need for the following:

Increase in revenue reimbursement through inpatient length of stay and outpatient vendor relationships

Allocation for the proposed improvements and required partnerships

Partnering with local skilled nursing facilities and home health organizations

Increase in salaries

Be sure to discuss the following areas:

Funding sources

Your methodology in revenue forecasting

How the new services will impact revenue?

Fixed and variable costs

Project inpatient and outpatient visits based on current trends

Budget attached; information from Intelepath 4: Prepare next year's financial plan and operational budget.

Note: Keep in mind that the budget you created for Unit 1 did not take into account the growth of the new facility. The CEO has asked that you expand that budget and provide a finalized budget that will take into account the new services offered.

The CEO has stated that there is $3 million that you can incorporate in to the budget for additional staffing, services, maintenance, and so forth.

Attachment:- Budget Template.rar

Reference no: EM132250652

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