We have noted that the actual production of the budgetary documents is not likely to be a responsibility of the nurse executive. The complexity of the entire budgetary process, informed by strategic planning, actualized in an ever-changing environment, and under pressure from an endless list of stakeholders, must be a collaborative process. Consider again, the skills of the nurse leader (week 4).

Evaluate an existing budget for a U.S. hospital.

Include the following aspects in the assignment:

• Download the PDF: FY2019 BUDGET PRESENTATION BRATTLEBORO MEMORIAL HOSPITAL
• Determine if the proper team has created the budget (Slide 2)
• Analyze Slide 3 to determine the thoroughness of risks and needs-based upon the AONE Guiding Principles
  • What is your opinion on the loss of revenue from the OnceCare ACO contract?
• Slides 7,8, and 9 are essentially a SWOT.
  • What is missing?
  • What would you add?
• Slide 12 includes PI/QI initiatives.
  • Analyze the choices.
• Slides 13-16 include the actual budget.
  • Analyze the Variance % column.
  • Explain what the red means.
• Identify the three most impactful issues on slide 17.
  • How do you feel about the funding provided for the needs of Healthcare Reform Investments?
  • Were you surprised to see three slides of Healthcare Reform Investments and the willingness to provide funding for those needs?
  • Reflect on the summary provided in Sustainability and Profitability – what information is included that leads to the conclusion? What other information should be included?