Question Details

HCS 577
WEEK 4
Resources: Budgets and Financial Statements under Chief Financial Officer in the Patton-Fuller Community Hospital Virtual Organization, University of Phoenix Material: 2010 Operating Budget Projection located on your student website, Financial Plan and Presentation Grading Criteria located on your student website
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.
Create a 10- to 12-slide Microsoft ® PowerPoint® presentation in which you address the following:
•	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.
Address the following in the speaker notes:
•	Explain the relevance of each GAAP to the financial plan.
•	Discuss the value of each financial statement identified 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 of each as a source of revenue.
Format your assignment consistent with APA guidelines.
Submit the financial plan and presentation.