Create your own facility name, background, and information aboutwhat type of healthcare facility it is. Give a brief description ofyour facility, including information about its history, its currentfinancial situation, and whether it is for-profit or nonprofit.
Part two of the assignment for this unit is to outline thebudget information for your facility for 2018. Include therevenues, costs, and profits (or losses). With this information,present a budget and actual results for the facility with thedifference in dollar-terms and percentages based on the actualnumbers. Explain the relationships of these. Based on thisinformation, calculate and interpret the revenue, cost, and profitvariances for the facility. You are creating this facility, so thebudget information is up to you. For instance, if you want toconcentrate on turning operations around in a struggling facility,that facility might face losses in its 2018 budget.
Part three of the assignment for this unit is to research thetopics listed at the top of this assignment for the final researchpaper, list three of the five sources that you will use in yourresearch paper, and give a brief description (e.g., two or threesentences) of each source. At least two of these must come from theCSU Online Library.
