NHS FPX 6008 Assessment 3 Developing an Implementation Plan The budget related to earnings and revenue will be calculated by using projected care costs, number patients per year,
performance or revenue In the current and prevlous year, prevalence of dlabetes in the community (Koch-Weser et al., 2019), and
reputation of the hospital in the community as it was highlighted in the previous paper that, “Raulerson Hospltall is located In
Okeechobee, which has a population of 5,724 according to the 2019 census. In 2019, the total prevalence of dlabetes worldwide
was seen to be 9.3% (Sacedi et al., 2019). Golng by that rate, it can be seen that around 530 people are dlabetic in a city with a
population of 5,724 people.”
reputation of the hospital in the community as it was highlighted in the previous paper that, “Raulerson Hospltall is located In
Okeechobee, which has a population of 5,724 according to the 2019 census. In 2019, the total prevalence of dlabetes worldwide
was seen to be 9.3% (Sacedi et al., 2019). Golng by that rate, it can be seen that around 530 people are dlabetic in a city with a
population of 5,724 people.”
The dlabetes prevalence rate highlights that revenue will increase each year as patient count is Increasing. This creates a need for
Increased staffing and materlal procurement (Shakya & Plemmons, 2020). Thus, projected health care staffing cost along with
probable salary hike and staffing requlrement will be considered along with tralning costs for novice nurses and pald leaves
Including education sponsor for health care professionals (Chattopadhyay & Zangaro, 2019).
Budget for expected costs and earnings over the first five years
| FY 2022YEAR 1 (Thousands) | FY 2023YEAR 2 (Thousands) | FY 2024 YEAR 3 (Thousands) | FY2025 YEAR (Thousands) | FY2026YEAR 5 (Thousands) | TOTAL (Thousands) | |
| Opening Cash Balance | 500.00 | 1875 | 3542.4 | 5283.8 | 7013.8 | |
| Fund Received | 225 | |||||
| Loan | 225 | |||||
| Operating Receipts | ||||||
| Patient Service Receipts(UCC) | 3250 | 3480 | 3654 | 3764 | 3920 | 18068 |
| Total Receipts | 3250 | 3480 | 3654 | 3764 | 3952 | 18068 |
| Operating Payments | ||||||
| Staff Salaries | 1025 | 1250 | 1375 | 1500 | 1500 | 6650 |
| Basic Utilities | 60 | 62 | 65 | 66 | 65 | 348 |
| Insurance | 15 | 15 | 17 | 18 | 18 | 68 |
| Other Operating Payments | 375 | 380 | 400 | 400 | 400 | 1595 |
| Total Operating Payments | 1475 | 1707 | 1857 | 1984 | 1983 | 9006 |
| Operating Surplus/Deficit | 1775 | 1773 | 1797 | 1780 | 1969 | 9062 |
| Nonoperating Payments | ||||||
| Annual Loan Repayment | 55.6 | 55.6 | 55.6 | 50 | 50 | 266.8 |
| Total NonoperatingExpenses | 55.6 | 55.6 | 55.6 | 50 | 50 | 266.8 |
| Investments | ||||||
| Construction, Furniture,and Equipment | 400 | 50 | ||||
| Cash Surplus/Deficit | 1375 | 1667.4 | 1741.4 | 1730 | 1919 | 8932.8 |
| Closing Cash Balance | 1875 | 3542.4 | 5283.8 | 7013.8 | 8932.8 | 8932.8 |
