minimum 700 words You are the administrator of the medical - surgical department at Global Health. Review the transcripts from the budget meeting and recent voicemails from your CFO and, using the available information and resources, develop an operating budget for your department.Your budget should include a 2-4 page document with an accompanying Excel spreadsheet that:Provides the revenue and expenses through the current month of the current year.Estimates the revenue and expenses for the rest of the current fiscal year based on the assumptions provided in the transcript documents.Prepares a budget for the next fiscal year.The information needed for this Assignment is attached. An important detail is to remember you are the Director of the Med-Surg Department, and your budgets should reflect only that Department, you do not need to develop a budget for the whole hospital. When considering the information provided in the budget meeting transcript, the projections are for the whole hospital, of which the med-surf department is only a part. When reviewing the assignment consider the followingOf the $1.2 billion in total hospital wide patient services revenue, approximately 57% of the total revenue is for in-patient care; the other 43% is for outpatient revenueThe Medical Surgical Budget reflects only in-patient revenueYearly budgeted Medical Surgical Dept. in-patient revenue: $50,000,000As a percent of the total in-patient revenue, the Med-Surg Dept. represents: 7%In-patient revenue for the Dept. in the first 6 months is below budget by approximately $1.9 million

Attach the files to complete the task. I have also attached the Problem Set week 2 one for the completing the task.

Option #1: Case Study Analysis for a Product ProjectIn a three- to four-page paper plus cover and reference pages, present a procurement and contracting example related to your Portfolio topic to put together an advertisement for bids for a product project might want to purchase for your organization if you were in the procurement department. Next, develop objectives to evaluate submittals or bids for this product. Your paper will include the following components:A description of a real-life project-based organization (an organization that frequently undertakes projects) or an industry and procurement and contracting example related to your Portfolio topic.A description of an advertisement of a product that you want to purchase for your project.A description of objectives you might use to evaluate submittals or bids for your advertised product project.Be sure to properly organize your writing and include an introduction, headings/subheadings for the body of your work associated with each of the numbered items above, your analysis/suggestion, and a conclusion. In addition to your textbook, use at least two professional or scholarly sources to support your responses. The CSU Global Library is a good place to find your sources. Cite your sources and include a reference page. Format your entire paper according to the CSU Global Writing Center (Links to an external site.).Option #2: Case Study Analysis for a Service ProjectIn a three to four-page paper plus cover and reference pages, present a procurement and contracting example related to your Portfolio Topic to put together an advertisement for bids for a service (for example a consultancy or training service) you might want to provide for your organization if you were in the procurement department. Next, develop objectives to evaluate submittals or bids for this service project. Your paper will include the following components:A description of a real-life project-based organization (an organization that frequently undertakes projects) or an industry and procurement and contracting example related to your Portfolio topic.A description of an advertisement of a service that you want to provide for your project.A description of objectives you might use to evaluate submittals or bids for your advertised service project.Be sure to properly organize your writing and include an introduction, headings/subheadings for the body of your work associated with each of the numbered items above, your analysis/suggestion, and a conclusion. In addition to your textbook, use at least two professional or scholarly sources to support your responses. The CSU Global Library is a good place to find your sources. Cite your sources and include a reference page. Format your entire paper according to the CSU Global Writing Center (Links to an external site.).