budgeting in health care Unit IV & V

27Jan 2022 by

UNIT V: (Please label) – There are 4 questions for each unit- Please reach out for links if need be and remember that it is HEALTHCARE BUDGETING – Essentials of Healthcare is the text book:https://online.vitalsource.com/reader/books/9781284142808 I truly appreciate your help!!
Question 1:
Compare two of the budget ratios. What are the differences? What are the similarities? Give one example in each budget that would benefit a manager.Your response must be at least 200 words in length.
Question 2: 
Standard cost profiles have an important place in health care. What is the purpose of standard cost profiles in health care, and why are standard cost profiles important?
Your response must be at least 200 words in length.
Question 3:
Why is it important to keep track of both direct and indirect costs? How do these costs effect standard cost profiles?Your response must be at least 200 words in length.
Question 4:
Define and discuss the decision theory. Please be sure to include why this theory is important to the healthcare budget.Your response must be at least 200 words in length

UNIT IV:
Quesstion 1: 
Why is it important to include a budgetary committee in the budgeting process?Your response must be at least 200 words in length
Question 2:

Explain the major types of budgets.Your response must be at least 200 words in length.
Question 3:
Budgeting in health care has a variety of steps involved. Discuss the four steps involved in the expense budget.Your response must be at least 200 words in length
Question 4:

Describe the differences between input and output in healthcare budgeting.Your response must be at least 200 words in length.