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Part 2: Vila Health Operating Budget
Name
University Name
Course
Dec 25, 2020

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Vila Health Operating Budget
Vila Health is a company in the healthcare sector. Similar to other industries, a budget plays a
crucial role in providing an estimate of the expected financial inputs and outputs such as
revenues and expenses. Based on the financial data provided for the July-Dec financial year,
the surgical department's operating budget at the St. Anthony Medical Center for the next
fiscal year is developed. From the budget, the estimate current total year’s actual is
$2,501,232 and the operating expense is $2,04,39,978.Based on these calculations, the net
revenue comes out to be $45,61,254.
Table 1.Operating Budget of Med/Surg Department
For the last year, it was assumed that the hospital would see revenue of $1,225,000,000.
However, in actual the total revenue realised for the six-month is $607,538,746. If we double
this revenue, the estimate ($121,077,492) is less than the revenue to be realised. This leads to
a deficit of $4,961,254.To reduce the deficit, the revenue for the next year (2017) is
forecasted to increase by 5% ($23123515*1.05). The operating expense will be reduced to
5% to realize more gain. If we assume such gain, then the net revenue is expected to increase

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1 Part 2: Vila Health Operating Budget Name University Name Course Dec 25, 2020 2 Vila Health Operating Budget Vila Health is a company in the healthcare sector. Similar to other industries, a budget plays a crucial role in providing an estimate of the expected financial inputs and outputs such as revenues and expenses. Based on the financial data provided for the July-Dec financial year, the surgical department's operating budget at the St. Anthony Medical Center for the next fiscal year is developed. From the budget, the estimate current total year’s actual is $2,501,232 and the operating expense is $2,04,39,978.Based on these calculations, the net revenue comes out to be $45,61,254. Table 1.Operating Budget of Med/Surg Department For the last year, it was assumed that the hospital would see revenue of $1,225,000,000. However, in actual the total revenue realised for the six-mon ...
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