Resources:
Budgetsand Financial Statements under Chief Financial Officer in the Patton-Fuller Community Hospital Virtual Organization
Develop a financial plan for Patton-Fuller Community Hospital for the upcoming year using the 2010 Operating Budget Assumptions memo and the 2009 Operating Budget in the Patton-Fuller Community Hospital Virtual Organization.
Createa 10- to 12-slide Microsoft® PowerPoint® presentation. Your presentation should:
- Identify the GAAP used to create the financial plan.
- Identify the financial statements used to develop the financial plan.
- Describe the payment systems and participants that contribute to the hospital revenue.
- Describe revenue trends that affect the hospital.
Your speaker notes should:
- Explain the relevance of each GAAP to the financial plan.
- Discuss the value of each identified financial statement to your decision-making process in the financial plan.
- Describe the relationship of the financial statements used in the financial plan.
- Describe each payment system and its effect on financial planning.
- Clarify the financial contribution of each participant and the effect they have as a source of revenue.