fiscal managment, health and medicine homework help

Create a PowerPoint presentation of7–10 slides (with speaker notes of 200–250 words for each slide, excluding thetitle and reference slides) that will be presented to the general meeting ofdirectors.Established in 1977, Krona CommunityHospital is a 60-bed, acute care hospital located in the heart of BanconotaCounty. With a staff of nearly 100 physicians and specialists, 400 employees,and 75 volunteers, they offer a full range of health care services. They areaccredited by The Joint Commission.Nouveau Health, a private,not-for-profit health care chain, took over the management of Krona Hospital.Last year, state officials began to discuss Nouveau’s proposal to build a new,replacement hospital in Banconota County. The new facility would have 74 acutecare beds, four observation rooms, four surgical operating rooms, one c-sectionroom, a 24-hour emergency department, a maternity center, an intensive careunit, and extensive support services, including physical therapy and cardiacrehabilitation. All patient rooms would be private.You are a staff member in thefinance department at Nouveau Health, whose sole responsibility is to advancethe success of the organization through assisting in planning, forecasting, andfinance management.Your Key Assignment Draft isdesigned to help you prepare for the presentation in Phase 5. The chiefexecutive officer (CEO) of Krona has asked that you complete the following:Prepare next year’s financial plan and operationalbudget. Note: Keepin mind that the budget you created for your Phase 2 Individual Projectdid not take into account the growth of the new facility. The CEO hasasked that you expand that budget and provide a finalized budget thatwill take into account the new services offered. The CEO has stated thatthere is $3 million that you can incorporate into the budget foradditional staffing, services, maintenance, and so forth. Make sure the budget reflects the following: Increase in revenue reimbursementAllocation for the proposed improvementsIncrease in salaries Be sure to discuss the followingareas:Funding sourcesYour methodology in revenue forecastingHow the new services will impact revenueFixed and variable costsProject inpatient and outpatient visits based oncurrent trends .