financial plan for healthcare organization

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Question Description

You have been tasked as the health care administrator of a major hospital to create a financial plan for your organization. What would you include in your financial plan? Compare an operating budget versus a capital budget? Include examples of each budget in a hypothetical department or unit of a hospital. Cite and reference your resources.

Tutor Answer

Kishnewt2017
School: UT Austin

Attached.

Running head: FINANCIAL PLAN

1

Financial Plan
Name
Institution
Date

FINANCIAL PLAN

2
Financial Plan for Healthcare Organization

An operating budget carries all revenues and expenditures over a given period of time
usually quarterly every year in which an organization adheres to its planning. It is usually in
place before a reporting period as an objective to be met by the organization. The components of
operating budget include: rev...

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