HA206_M4_Budget Case Study

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Brookline College, Phoenix *

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206

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Industrial Engineering

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Jan 9, 2024

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HA206 Module 4: Budget Case Study Directions: Calculate the new budget for each line item in the four tables below based on the information provided. 1. Facility 1 Operations Budget You have been asked to calculate the operations budget for the HIM department for the new FY. The hospital has announced that there will be a 2% increase in the operations budget across the board. Based on the current line items and FY budget shown in the table below, calculate the new budget. Line Items for Operations Budget: Facility 1 Line Item Current Budget New Budget Supplies $7,500.00 7,500 x 2 / 100 = $150 New Budget = 7,500 + $150 = $7,650 Maintenance $2,000.00 2,000 x 2 / 100 = 40 New Budget = $40 + $2,000 = $2,040 Equipment $12,000.00 12,000 x 2 / 100 = $240 New Budget = 12,000 + 240 = $12,240 Software licensing $1,000.00 1,000 x 2 / 100 = $20 New Budget = 20 + 100 = $1,020 Copy machines $5,000.00 5,000 x 2 / 100 = 100 New Budget = 5,000 + 100 = $5,100 Folders $15,000.00 15,000 x 2 / 100 = 300 New Budget = 15,000 + 300 = $15,300 2. Facility 2 Operations Budget You have been asked to calculate the operations budget for the HIM department for the new FY. The hospital has announced that there will be a 2% increase in the operations budget across the board. In addition, there will be a 5% increase in the maintenance costs and your software. Based on the current FY budget shown in the table below, calculate the new budget. Line Items for Operations Budget: Facility 2 Line Item Current Budget New Budget
Supplies $5,500.00 5,500 x 2 / 100 = 110 New Budget = 5,500 +110 = $5,610 Maintenance $2,000.00 2000 x 7 / 100 = 140 New Budget = 2000 + 140 = $2,140 Equipment $15,000.00 15,000 x 2 / 100 = 300 New Budget = 15,000 + 300 = $15,300 Software licensing $1,500.00 1,500 x 7 / 100 = 105 New Budget = 1,500 + 105 = $1,605 Copy machines $3,000.00 3,000 x 2 / 100 = 60 New Budget = 3,000 + 60 = $3,060 Folders $8,000.00 8,000 x 2 / 100 = 160 New Budget = 8,000 + 160 = $8,160 3. Facility 3 Operations Budget You have been asked to calculate the operations budget for the HIM department for the new FY. The hospital has announced that there will be a 6% decrease in the operation budget across the board. Based on the current FY budget shown in the table below, calculate the new budget. Line Items for Operations Budget: Facility 3 Line Item Current Budget New Budget Supplies $6,000.00 6,000 x 6 / 100 = 360 New Budget = 6000 – 360 = $5,640 Maintenance $3,000.00 3,000 x 6 / 100 = 180 New Budget = 3,000 – 180 = $2,820 Equipment $20,000.00 20,000 x 6 / 100 = $1,200 New Budget = 20,000 – 1,200 = $18,800 Software licensing $1,500.00 1,500 x 6 / 100 = 90
New Budget = 1,500 – 90 = $1,410 Copy machine $2,500.00 2,500 x 6 / 100 = 150 New Budget = 2,500 – 150 = $2,350 Folders $5,500.00 5,500 x 6 / 100 = 330 New Budget = 5,500 – 330 = $5,170 4. Facility 4 Operations Budget You have been asked to calculate the operations budget for the HIM department for the new FY. The hospital has announced that there will be a 5% decrease in the operation budget across the board. The budget must be cut even though maintenance and software licensing is being increased by 2%. Based on the current FY budget shown in the table below, calculate the new budget. Line Items for Operations Budget: Facility 4 Line Item Current Budget New Budget Supplies $4,500.00 $4,147.50 Maintenance $3,000.00 $3,060 Equipment $4,500.00 $4,150 Software licensing $750.00 $765 Copy machine $800.00 $750
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These problems were pulled from the textbook companion resources for: Schnering, P., Sayles, N., & McCuen, C. (2022). Case Studies in Health Information Management. Cengage Unlimited.