Primary Task Response: Using the budget information from Unit 1 and the financial plan and operational budget from the Unit 4 Intellipath Assignment, discuss the need for the following:
- Increase in revenue reimbursement through inpatient length of stay and outpatient vendor relationships
- Allocation for the proposed improvements and required partnerships
- Partnering with local skilled nursing facilities and home health organizations
- Increase in salaries
Be sure to discuss the following areas:
- Funding sources
- Your methodology in revenue forecasting
- How the new services will impact revenue?
- Fixed and variable costs
- Project inpatient and outpatient visits based on current trends