HCM415 Final CamWordle() - Protected ViewSaved to the PC- Layout References Maongs Review View the Internet can continues. Unless you need to edit, it's water to stay in Protected Virw. frable Editing Part 1 Labor and Workload Analysis Perform basic budeteg tasks for this healthcare Ogration. *** Goldenview's New Service Line-PET Scans In 2009, the Centers for Medicare and Medicaid Services (CMS) expanded its Imaging payment coverage for cancer patients Goldview considering the implementation of PET Scans (Position Emission To opraply) for its growing cancer patient population, and to hopefully boost the revenue It already offers MRT and CT scans, but this new service will require a separate salto accommodate the volume of patients. The financial analysis team must estimate the impacts of the new service lite, and determine its feasibility for the organization. These services will be offered in house, to avoid complications with the Stark law, which prohibits physician referrals to their entities in which they may have incial interest. These are still CMS Medicare physician fee schedule (PFS) capped payments to consider, so the labor costs the first category to be examined Financial guidance from the US Government Accountability Office (GAO) encourages zero based budgeting for government programs, so this must be a ground up calculation Based upon the annual outpatient ancillary volume shown in the above data calculate total labor cort in the following FTE categories (1) Medical Doctor Radiologt 18000 per hour 1) Registered Nurse 575.00 per hour (2) Imaging Technica 510.00 per hour 3 hours per patient maging procedure Assume fringe bene percentage of 33 Costs must be calculated for each labor category separately, monthly, and totaled at the end of the fiscal year O il BP a Golde iw Health System Operating Data (Volume) Fineal Year Faded December 31, 2000 10 E 22 Mar 30 Mu22 Jul 20 TO Aug 20 S1 Oct Nov Dec X CH 17313 SICK OPS 18,475 668 2.690 096 19 10000 22452 1161 Matically best Days SarnalInpatient Duys Oupatient the olachares Inpatient Arelary Outpatient Ancillary 7921 793 2.609 4333 2.105 3,79 16862 193 2,455 4415 1981 3531 16356 818 2381 4,250 1921 341 2531 4525 200 3616 15865 9 2,310 4100 LIS 3325 15319 293 2241 40 1,818 3221 1921 738 2.17 302 1,53 3.01 14,480 14,045 3.60 70 2,108 2015 4120 101 1,922 1,701 1,850 1600 301 1916 2,856 1934 4293 400 1300 TRIS SHERZ SISE 2,170 3.075 2772 24191 33960 31 310 3122 32,378 TITRE 2108 26406 2.9554.710 29,153 27153 25461 Total Phentetty 052 790 OS: 90 750 TO OSA $1609 750 16304 750 80.49 433 750 $2345 2.25 Licend Beds Occupancy Pet Aragh of Say days) 790 81534. 403 730 75.93% 391 7343% 99604 411 36 4619 159 1899 19 9EE 379 3.15 30 TOR Focus M O BE a M eferences Mailings Review View Help an contain viruses. Unless you need to edit it's safe to stay in Protected View Enable Editing Goldenview Health System Balance Sheet Fiscal Years Ended December 31, 2019 and 2020 2019 2020 Assets Investments Cash from Patients Fund Raising Chanty Total Assets S $ $ $ 4947,510 $ 110,000 $ 390,000 $ 5,447,510 $ 4,729,691 100,000 380,000 5.209 691 Liabilities Accounts Payable Salage Receipts Total Liabilities $ $ $ 540.000 S 1.500,000 $ 2,040,000 $ 585,490 1,500,000 2,085,490 Net Assets S 3,407,510 $ 3.124201 oo RI a O -0 ER Goleme Health System Statement of Operations Fincal Years Ended December 31, 2019 and 2020 2019 2020 Reveres: Inpateat Revene Outpatient Reven Other Operating Reverse Total Reveres $ $ $ $ 41.250,000 $ 29,925,000 $ 5,585,981 $ 76,760,984 S 36,500.250 27,048984 4,500,000 68 049234 5 Expenses: Wages and Fringe Bene Agency Contract Wapes Medical Supplies Uites Maintenance Equment Transportation Services Total Expenses s $ $ 5 29,203,193 $ 3,383,640 S 699,902 $ 362,018 5 3,016,821 $ 905,046 $ 37,570,625 $ 32,203,198 3.183.640 799.900 450,000 3.216821 1.253981 41,107542 Operating Income $ 39.190.359 5 26 941 692 Non-operating Expenses: Health Screennes Publications and Brochas TV and Advertisement Tool Non-operate Espetos 5 5 S $ 100,000 $ 350,000 $ 150,000 $ 500,000 $ 100.000 250.000 150.000 500.000 Net Income 33.690 359 $ 26:441692 Focus 3- La W 1129 PM 5/14/2021 HCM415 Final CamWordle() - Protected ViewSaved to the PC- Layout References Maongs Review View the Internet can continues. Unless you need to edit, it's water to stay in Protected Virw. frable Editing Part 1 Labor and Workload Analysis Perform basic budeteg tasks for this healthcare Ogration. *** Goldenview's New Service Line-PET Scans In 2009, the Centers for Medicare and Medicaid Services (CMS) expanded its Imaging payment coverage for cancer patients Goldview considering the implementation of PET Scans (Position Emission To opraply) for its growing cancer patient population, and to hopefully boost the revenue It already offers MRT and CT scans, but this new service will require a separate salto accommodate the volume of patients. The financial analysis team must estimate the impacts of the new service lite, and determine its feasibility for the organization. These services will be offered in house, to avoid complications with the Stark law, which prohibits physician referrals to their entities in which they may have incial interest. These are still CMS Medicare physician fee schedule (PFS) capped payments to consider, so the labor costs the first category to be examined Financial guidance from the US Government Accountability Office (GAO) encourages zero based budgeting for government programs, so this must be a ground up calculation Based upon the annual outpatient ancillary volume shown in the above data calculate total labor cort in the following FTE categories (1) Medical Doctor Radiologt 18000 per hour 1) Registered Nurse 575.00 per hour (2) Imaging Technica 510.00 per hour 3 hours per patient maging procedure Assume fringe bene percentage of 33 Costs must be calculated for each labor category separately, monthly, and totaled at the end of the fiscal year O il BP a Golde iw Health System Operating Data (Volume) Fineal Year Faded December 31, 2000 10 E 22 Mar 30 Mu22 Jul 20 TO Aug 20 S1 Oct Nov Dec X CH 17313 SICK OPS 18,475 668 2.690 096 19 10000 22452 1161 Matically best Days SarnalInpatient Duys Oupatient the olachares Inpatient Arelary Outpatient Ancillary 7921 793 2.609 4333 2.105 3,79 16862 193 2,455 4415 1981 3531 16356 818 2381 4,250 1921 341 2531 4525 200 3616 15865 9 2,310 4100 LIS 3325 15319 293 2241 40 1,818 3221 1921 738 2.17 302 1,53 3.01 14,480 14,045 3.60 70 2,108 2015 4120 101 1,922 1,701 1,850 1600 301 1916 2,856 1934 4293 400 1300 TRIS SHERZ SISE 2,170 3.075 2772 24191 33960 31 310 3122 32,378 TITRE 2108 26406 2.9554.710 29,153 27153 25461 Total Phentetty 052 790 OS: 90 750 TO OSA $1609 750 16304 750 80.49 433 750 $2345 2.25 Licend Beds Occupancy Pet Aragh of Say days) 790 81534. 403 730 75.93% 391 7343% 99604 411 36 4619 159 1899 19 9EE 379 3.15 30 TOR Focus M O BE a M eferences Mailings Review View Help an contain viruses. Unless you need to edit it's safe to stay in Protected View Enable Editing Goldenview Health System Balance Sheet Fiscal Years Ended December 31, 2019 and 2020 2019 2020 Assets Investments Cash from Patients Fund Raising Chanty Total Assets S $ $ $ 4947,510 $ 110,000 $ 390,000 $ 5,447,510 $ 4,729,691 100,000 380,000 5.209 691 Liabilities Accounts Payable Salage Receipts Total Liabilities $ $ $ 540.000 S 1.500,000 $ 2,040,000 $ 585,490 1,500,000 2,085,490 Net Assets S 3,407,510 $ 3.124201 oo RI a O -0 ER Goleme Health System Statement of Operations Fincal Years Ended December 31, 2019 and 2020 2019 2020 Reveres: Inpateat Revene Outpatient Reven Other Operating Reverse Total Reveres $ $ $ $ 41.250,000 $ 29,925,000 $ 5,585,981 $ 76,760,984 S 36,500.250 27,048984 4,500,000 68 049234 5 Expenses: Wages and Fringe Bene Agency Contract Wapes Medical Supplies Uites Maintenance Equment Transportation Services Total Expenses s $ $ 5 29,203,193 $ 3,383,640 S 699,902 $ 362,018 5 3,016,821 $ 905,046 $ 37,570,625 $ 32,203,198 3.183.640 799.900 450,000 3.216821 1.253981 41,107542 Operating Income $ 39.190.359 5 26 941 692 Non-operating Expenses: Health Screennes Publications and Brochas TV and Advertisement Tool Non-operate Espetos 5 5 S $ 100,000 $ 350,000 $ 150,000 $ 500,000 $ 100.000 250.000 150.000 500.000 Net Income 33.690 359 $ 26:441692 Focus 3- La W 1129 PM 5/14/2021