DHA 711 WEEK 6 Managing Financial Resources and Budgeting Processes

Managing Financial Resources. For this assignment, assume the role of Chief Financial Officer (CFO) of a multi-complex health care organization that includes rehabilitation facilities, ambulatory care centers, and outpatient surgical centers.

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Managing Financial Resources requirements:

Write a 1,750- to 2,100-word paper in which you address financial resources and budgeting processes as CFO of your organization. Your paper should include the following:

• Develop a strategic budget goal for each department in your organization (Rehab, Ambulatory Care, and Outpatient Surgery).
• Justify each goal and explain its role in maintaining the department’s budget.
• Identify the major components to be included on an income and expense budget for each department.
• Discuss the impact of performance measures on budgeting.
• Examine the role of policy, accountability, and monitoring in your budgeting process.
• Explain how your organization will adapt to financial profits or losses due to:
• The Affordable Care Act
• Centers for Medicaid and Medicare Services (CMS)
• Managed Care Pairs

Format your Managing Financial Resources paper consistent with APA guidelines.

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