Assignment
1. While the operating budget process is underway in June, the capital budget process must also begin. Describe what should be happening in the capital budget process during June of each year.
2. Review the commonly used approaches to budgeting for service volumes in a healthcare organization. Select any three of these and describe them.
3. Healthcare budgeting is critically impacted by business compliance issues such as corporate compliance and accreditation. Discuss key compliance and accreditation issues that are affecting U.S. hospitals at this point in our history.
4. Why is it so important to present a board-level human resources report in June while the operating budget process is beginning?
5. Explain why long-term care services emerged. Which social environmental issue is the primary reason why the need for long-term care services continues to increase? How does this impact the critical issues in the U.S. healthcare system?
6. In your opinion, what ethical issue concerning assisted living is critical for improving the healthcare system in the 21st century?
Book used for Questions 1-4 is Berger, S. (2014). Fundamentals of health care financial management: A practical guide to fiscal issues and activities (4th ed.). San Francisco, CA: Jossey-Bass.
Book used for Questions 5-6 is Morrison, E. E., & Furlong, B. (Eds.). (2014). Health care ethics: Critical issues for the 21st century (3rd ed.). Burlington, MA: Jones & Bartlett Learning.