For this budgeting activity, you will complete two parts related to budgeting. Please read the directions closely to make sure you understand the requirements.

Part I:

For this portion, you will be reviewing the budget case scenario and filling in the projected 2022 budget in the spreadsheet provided.

Case study:

You are the HIM Manager for a University Hospital. You have to develop the budget for 2022 based on the 2021 budget, and the changes you know will occur. The fiscal year for the University Hospital is from January to December.

Items to consider when updating the 2022 budget:

· Exempt employees (Management) will be given a 3% increase on January 1, 2022

· Non-exempt employees will be given a 2.5% increase on January 1, 2022

· There will be an increase for supplies increase of 2.5%

· There will be a book cost increase of 2.0%

· There will be a 2.0% increase to continuing education costs

· There will be a 3.0% increase to Transcription outsourcing

· There will be a1.5% increase to the copy service

· There will be a 1.5% increase to postage

· The coder Shameka Colgrove will be on maternity leave for 6 weeks in 2022. An outsourcing company will be used at $60.00 per hour. It will not impact her normal salary as she will be on paid maternity leave.

Part II:

For this portion, you will be responding to the following questions regarding the budget. Place the answers in a Word document.

Your CFO needs you to cut 12% from your 2022 budget.

· What is 12% of your 2022 budget?

· How will you make this cut? Remember to look at the budget as a whole. You don’t want to impact multiple areas. You need to review staffing and the operating budget. Provide a short paragraph explanation as to your method of cutting 12% of your 2022 budget.


Full time

Full time

Don't use plagiarized sources. Get Your Custom Essay on
Just from $13/Page
Order Essay

Benefits (30%)

Full time

Full time

.5 FTE

Full time

Full time

Full time

Benefits (25%)







Salary Budget
Employee Status Current Yearly Salary Projected Rate Increase Next Year’s Salary(including raise)*
Director (G. Ryan, RHIA) Full time $95,000
Assistant Director (N. Rhinehart, RHIA) $89,700
Coding Supervisor (L. Smith, RHIT) $75,200

Exempt NA
Coding Staff/Non-exempt employees
S. Colgrove, RHIT $52,000
E. Gonzalez, CCS .5 FTE $28,000
R. Jackson, RHIT, CCS $58,000
K. Brown, RHIT $26,500
ROI Staff
D. Williams $38,400
P. Taylor . 5 FTE $15,250
Quality Analysts
A. Anderson $45,700
R. Lopez $49,500

Salary & Fringe SubTotals $0
Operating Budget
Expense Items Current Yearly Expenses Projected Increase Next Year’s Operating Expenses
Supplies $1,400
Books $800
Continuing Education
Outsourcing (Transcription) $233,400
Outsourcing (Copy Service) $1,200
Postage $300
Outsourcing Coding
Expense Items Subtotals
Grand Totals

Calendar Year Budget&C&14Memorial Hospital&10
&RHealth Information
&L*fringes not calculated for individuals

Achiever Essays
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.


Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.


Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.


Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.


Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.

Live Chat+1(978) 822-0999EmailWhatsApp

Order your essay today and save 20% with the discount code RESEARCH

slot online