Budgeting Within a Clinic Jimi Bryen Southwestern Oklahoma State University Introduction There are many healthcare facilities throughout Oklahoma that provide excellent patient care. Many of these facilities are in areas of greater population, but there are some fantastic facilities that are dedicated to smaller and rural areas of Oklahoma. One specific facility that is located in the heart of Oklahoma offers a clinic that is a combination of talented physician assistants who are overseen by trustworthy doctors. This clinic employs great nurses as well as friendly clerical and administrative staff. Purcell Medical Center is able to assist the patient population we do by being a St. Anthony’s Hospital Affiliate. Thus allowing patients to have access to healthcare specialists locally without the hassle, worry, and expenses of traveling to Oklahoma City. (“St. Anthony Affiliate Health Network,” n.d.) Culture The medical center is an upbeat, safe, friendly, and a healing environment that strives to please and care for the patients while encouraging a wonderful and productive work environment. The idea of a just culture is promoted at Purcell Medical Center. According to the American Nurses Association (ANA) the concept of a just culture “promotes a process where mistakes or errors do not result in automatic punishment, but rather a process to uncover the source of the error. Errors that are not deliberate or malicious result in coaching, counseling,
Living on a small farm in Montrose, SD, I have seen the hardships that can go along with living in rural areas. With two parents who commute 30 minutes to work everyday, it was always an almost impossible task to get medical attention for any illness. Experiencing these hardships has helped me gain a great respect for rural clinics, and opened my eyes to the opportunities a rural clinic offers to future medical professionals, such as, myself.
The budget for the city of San Clemente, California, fiscal year 2011 can be found at the following link:
Similar to my home state of Louisiana, Tennessee has also struggled with a chronic shortage of rural primary care physicians. While this statistic does depict a true challenge for our two states, over the years Meharry Medical College has done an exceptional job in inspiring medical students to one-day practice in a rural setting and bring about better health care to underserved individuals, regardless of race or ethnicity. This aspect
In the case study for Implementing Budget Cuts in the Basic Health Plan, the core problem is how and who to cut or qualifies for disenrollment from the insurance program. This issue came about when Washington Legislature passed the 2009-11 Biennial Budget. Here government officials started to reassess the regions budget due to a heavy recession. They were looking at trying to save billions of dollars, which almost a quarter million of those billions would come from reducing the funds to the program for Basic Health Plan.
North Cypress Medical Center continues to strive to be one of the most respected hospital organizations in Texas. The organization philosophy of nursing practice involves being the leader in superior, affordable, patient care. The nurse utilizes this principal by making sure to perform skills the right way the first time such as foley catheter insertions and IV infusions. The nurse knows the patient is charged for all equipment, and having to discard equipment because of unsterile techniques causes increased inconvenience for the patient. Also, North Cypress Medical Center creates a comfortable environment from admission to discharge. One of the most important roles the nurse play is to make sure all patient needs are meet. The beliefs of nursing
Caring Partner Medical Clinic in McKinney, TX is a leading primary care clinic provider that is dedicated to serving patients and helping them to achieve their health and wellness goals. When it comes to getting professional services from a primary care clinic, patients have a peace of mind knowing that they are in safe, capable hands. Dr. Francis Oramalu is a compassionate physician that has a personalized approach to patient care. With more than 12 years experience in the field of medicine, providing care to patients of all ages, he opened the Caring Partner Medical Clinic in McKinney, TX in 2016. Because of his passion for providing treatment for those who are hurting or in need, he has successfully provided patient care for more than a decade.
Rural Americans face an exclusive combination of issues that create disparities in health care that are not found in urban areas. Many complications met by healthcare providers and patients in rural arears are massively different than those located in urban areas. Financial factors, cultural and social variances, educational deficiencies, lack of acknowledgement by delegates and the absolute isolation of living in remote rural areas all combined to hinder rural Americans in their struggle to lead a normal, healthy life. Rural hospitals located in rural areas faces many disadvantages, such as; minimum resources, shortcoming or unprepared professionals, and financial disparities. Although many of these challenges could be solved
A company's budget serves as a guideline in planning and committing costs in order to meet tactical and strategic goals. Tactical goals such as providing budgetary costs for daily operations, and strategic objectives that include R&D, production, marketing, and distribution are all part of the budgeting process. Serving as a guideline rather than being set in stone, the budget is a snapshot of manager's "best thinking at the time it is prepared." (Marshall, 2003, p.496) The budget is a method in which to reign-in discretionary spending, and will likely show variances between what costs have been anticipated and what costs are actually incurred.
Based on the master budget, there have something wrong and unclear. All the numbers are the same, evenly quarter two have more sale than other quarter, at least less 30% than quarter two. We can easy to recognize with a few changes and we can achieve a goal $1.000.000
Personal Budget Exercise – Excel Creating a spreadsheet track personal business expenses is an excellent use of Microsoft Excel. For this exercise, you will create a spreadsheet to enter a personal budget and track actual expenses for the year. You may choose to use real data or create a fictitious budget using a monthly income amount of $2,500. Here are suggested budget categories if you are not using a real budget. At a minimum, you must have 9 budget categories: Housing (mortgage or rent) Utilities Car payment Insurance Student Loans Food Misc. Entertainment Gas Savings
Budgeting is the systematic method of allocating financial, physical, and human resources to achieve an organization’s strategic goals. Budgets are utilized by for-profit and non-profit organizations to monitor the progress towards the goals, assist in the control of spending, and help predict cash flow for the organization.
Financial management is important to the organization because it provides pertinent finance and accounting information to help managers accomplish the purpose of the organization. Financial accounting provides accounting information to external users. On the other hand, managerial accounting is more for managers (internal users) to use for things like planning, budgeting, etc. The definition of finance has changed over the years, but it’s used to ultimately evaluate previous decisions and make assessments for future decisions of the organization.
Government financed health care typically has more control to place limitations on care offered to patients and doctors in order to keep costs down. Since payers must try to deliver the most care for the
The realization of such services should be supported with adequate funding. Again, the stakeholders of the organization should be the major contributors towards the long term care service provision funding. The continuum care is crucial in the sense that it ensures that the care of the patients continues amid all the challenges and at all times. In case of financial challenges, the government ought to lend a helping hand to assist fund the important services (Pratt, 2010). Other private organizations with keen interest in healthcare provision
The personnel budget, being the largest part of the operating budget, consists of multiple factors such as the average daily census, patient acuity, personnel required relating to full-time equivalents (FTEs), as well as productive and non-productive hours. The supplies include medical and office supplies, minor equipment, orientation and training, and travel expenses. Although budgets are based on assumptions, using the previous year’s expenses for personnel and supplies, helps the nurse manager/leader to accurately predict the next year’s budget.