The hospital has to cut operating expenses by 5 percent for next fiscal year 2019.Last year 2018, for the entire hospital, we assumed that we would see $1.2 billion in total patient revenue. But as you can see, for half the year, we've only hit just over $607 million. By this point in the year, we should be over $612 million. So already in terms of total patient revenue, we've got a deficit of nearly $5 million that we didn't expect. The problem is made worse when we see that other operating revenue is also under budget by $1.5 million. Hoping for 5% bump on the revenue side for FY 19. Implementation is obviously by June 30 since the next fiscal year starts July 1 Per operating room Employee salary and wages: $421,820 Taxes and benefits: $96,670 Occupancy costs: $129,090 Medical and surgical: $401,430 Other medical costs: $28,420 Insurance: $14,860 General & administrative: $325,840 Total operating expenses: $1,418,130 Provides the revenue and expenses through the current month of the current year. Pick any month to be the current month Estimates the revenue and expenses for the rest of the current fiscal year based on the assumptions provided in the transcript documents. Prepares a budget for the next fiscal year. "assume" the medical-surgical dept makes up a certain % of hospital's total revenue, and then proceed to input expenses for the rest of FY18 The hospital has to cut operating expenses by 5 percent for next fiscal year 2019.Last year 2018, for the entire hospital, we assumed that we would see $1.2 billion in total patient revenue. But as you can see, for half the year, we've only hit just over $607 million. By this point in the year, we should be over $612 million. So already in terms of total patient revenue, we've got a deficit of nearly $5 million that we didn't expect. The problem is made worse when we see that other operating revenue is also under budget by $1.5 million. Hoping for 5% bump on the revenue side for FY 19. Implementation is obviously by June 30 since the next fiscal year starts July 1 Per operating room Employee salary and wages: $421,820 Taxes and benefits: $96,670 Occupancy costs: $129,090 Medical and surgical: $401,430 Other medical costs: $28,420 Insurance: $14,860 General & administrative: $325,840 Total operating expenses: $1,418,130 Provides the revenue and expenses through the current month of the current year. Pick any month to be the current month Estimates the revenue and expenses for the rest of the current fiscal year based on the assumptions provided in the transcript documents. Prepares a budget for the next fiscal year. "assume" the medical-surgical dept makes up a certain % of hospital's total revenue, and then proceed to input expenses for the rest of FY18