Hello,

I am taking a healthcare management finance class. I have a written report due soon. I submitted what I have already done to my professor for some feedback.

He said:

Yes, you are on the right track...But have much more to complete...The narrative must be expanded to tell a more complete review of your radiology...The assumptions and budget, the same...

On the right track, but more to do,

The assignment is as follows:

Prepare an Operating Budget and Plan for a Revenue Producing Departmentin a Health Care Organization.

Requirements:

1. Briefly describe the Objectives or Function for the Department you selected

2. Select and describe two different Revenue sources that are important services from the department selected

3. Project the expected volume for these services

4. Develop a expense budget for these two services inclusive of variable and fixed costs

5. List and describe the key assumptions used for both the revenue and expense portion of the financial plan

6. Identify the key references utilized

7. Briefly describe the method you may have used in preparing the financial plan, for example a conventional or zero based budgeting approach.

This assignment will require between 3 and 5 pages to complete.

Must be in APA format.

My text book is Fundamentals of Healthcare Finance second edition

I have attached the report that I have so far. Can you please look this over and offer some suggestions?

Thank you,

Sherry