Question Details

HCS 577
WEEK 5
Note. You will use this assignment as a basis for your Individual assignment due in Week Six.
 
Resources: Budgets under Chief Financial Officer in the Patton-Fuller Community Hospital Virtual Organization, University of Phoenix Material: 2010 Operating Budget Projection, Health Care Budget Grading Criteria located on your student website
 
Review the 2009 Operating Budget Projections and the assumptions following the projected numbers in the Budgets tab under Chief Financial Officers in the Patton-Fuller Community Hospital Virtual Organization on the student website.
 
Assume the 2009 projections were realized.
 
Use the University of Phoenix Material: 2010 Operating Budget Projections.
 
Develop a budget for Patton-Fuller Community Hospital based on the 2009 Operating Budget and the 2010 Operating Budget Assumptions.
 
Write a 1050- to 1,400-word paper in which you do the following:
•	Discuss which financial management practices are most effective in creating and monitoring an operating budget.
•	Discuss which financial management practices are least effective in creating and monitoring an operating budget.
Format your assignment consistent with APA guidelines.
 
Submit your 2010 Operating Budget Projection with your paper.