CASE 6-27 Developing the Health Information Management Department Budget Develop a budget for the HIM department for the next FY at Sea Crest Healthcare Center. The FY begins July 1. Utilize spreadsheet software to develop the budget parts and then develop the department budget for the next FY There are three parts to the budget as follows: Personnel Isee Table 6-331 Operational (see Table 6-34) Capital equipment Isee Table 6-35. Figure 6-3, and Figure 6-4] 1. Calculate the budget for each month and a total for the year. Line items to be included are identified in each of the three parts of the budget. Any limitations/instructions from administration are also provided 2. Use the capital expenditure approval form (Figure 6-4) in completing and submitting a capital expenditure request for a new dictation system. Personnel Budget The FY personnel budget is indicated in Table 6-36. Remember that the salary raises will not go into effect until October of the FY. Instructions: Limitations: Calculate fringe benefits as 25% of monthly salary. A 5% raise will go into effect in October. Overtime cannot exceed $4,000.00 for the year. No new employees Use a spreadsheet to calculate and reflect the monthly personnel budget. 3% rol TABLE 6-33 Information for Salary Budget 20XX-20XX Salary Position Director Assistant director Receptionist/clerk Analyst/coder/abstractor Analyst/coder/abstractor HIM clerk Transcriptionist Transcriptionist Part-time HIM clerk Personnel Budget Current Salary $82,000.00 $74,000.00 $31,000.00 $46,000.00 $48,500.00 $30,000.00 $45,000.00 $47,000.00 $16,500.00 expenditure Line items total salaries Total salaries and fringe benefits Overtime TABLE 6-34 Operational Budget department Operational Budget Operation Budgeted Telephone $2,000.00 Supplies $1,050.00 Scanner $10,000.00 Equipment $22,000.00 Copy machine $5,000.00 Education $5,000.00 TOTAL u prvu FIGURE 6-3 Justification for New Transcription System CAPITAL EXPENDITURE APPROVAL FORM Description: Budget Year Type of Expenditure: Replacement: Briefly define function of capital expenditure: Budget Cost: $ New: Briefly describe why item is needed: Justification for new transcription system is attached CASE 6-27 Developing the Health Information Management Department Budget Develop a budget for the HIM department for the next FY at Sea Crest Healthcare Center. The FY begins July 1. Utilize spreadsheet software to develop the budget parts and then develop the department budget for the next FY There are three parts to the budget as follows: Personnel Isee Table 6-331 Operational (see Table 6-34) Capital equipment Isee Table 6-35. Figure 6-3, and Figure 6-4] 1. Calculate the budget for each month and a total for the year. Line items to be included are identified in each of the three parts of the budget. Any limitations/instructions from administration are also provided 2. Use the capital expenditure approval form (Figure 6-4) in completing and submitting a capital expenditure request for a new dictation system. Personnel Budget The FY personnel budget is indicated in Table 6-36. Remember that the salary raises will not go into effect until October of the FY. Instructions: Limitations: Calculate fringe benefits as 25% of monthly salary. A 5% raise will go into effect in October. Overtime cannot exceed $4,000.00 for the year. No new employees Use a spreadsheet to calculate and reflect the monthly personnel budget. 3% rol TABLE 6-33 Information for Salary Budget 20XX-20XX Salary Position Director Assistant director Receptionist/clerk Analyst/coder/abstractor Analyst/coder/abstractor HIM clerk Transcriptionist Transcriptionist Part-time HIM clerk Personnel Budget Current Salary $82,000.00 $74,000.00 $31,000.00 $46,000.00 $48,500.00 $30,000.00 $45,000.00 $47,000.00 $16,500.00 expenditure Line items total salaries Total salaries and fringe benefits Overtime TABLE 6-34 Operational Budget department Operational Budget Operation Budgeted Telephone $2,000.00 Supplies $1,050.00 Scanner $10,000.00 Equipment $22,000.00 Copy machine $5,000.00 Education $5,000.00 TOTAL u prvu FIGURE 6-3 Justification for New Transcription System CAPITAL EXPENDITURE APPROVAL FORM Description: Budget Year Type of Expenditure: Replacement: Briefly define function of capital expenditure: Budget Cost: $ New: Briefly describe why item is needed: Justification for new transcription system is attached