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