Discussion Post I: Budget Comparison
Dropkin, Halpin and LaTouche (2007) outline 6 different types of budgets. Compare and contrast these budgets highlighting which organization benefits the most from each budget and why. Your initial post should be at least 300 words.
Discussion Post II: Practice Identification/Evaluation
You will choose a real or hypothetical mental health related practice for your Budget Assignments in this class. Whether this is a non-profit or for-profit sole proprietorship, limited liability corporation, sub-s corporation, or other, you will need to identify the sources of income based on your prospective clientele. After reviewing the provisions of the MHPAEA of 2008 and the President's 2016 SAMHSA related budget, discuss the mental health clientele payer sources (e.g., private pay, traditional health insurance, Medicare/Medicaid, managed care, grants). Then, differentiate between each type of clientele by payer source listing at least one strength/weakness from a budgetary perspective. Your initial post should be at least 300 words.
Discussion Post III: 10 Steps to an Operating Budget
Consider the 10 steps to creating, implementing, and managing an annual organization-wide operating budget outlined by Dropkin, Halpin and LaTouche (2007) in Chapter 12. Identify the two steps that you think will be most difficult for you and provide support for your choices? Which of these steps do you think will be the easiest for you? Select one and explain your decision making rationale? Your initial post should be at least 300 words.
Discussion Post IV: Income and Revenue Projections
Part of the budget justification process involves the ability to project income or revenue. This information comes from the projected clientele by payer source. Explain why this aspect is so important in the development of an operating budget. Your initial post should be at least 300 words.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.