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401362 Health Services Financing

Question

Answered

Questions:

Rationale: 
The purpose of this assessment is to enable students to apply the knowledge they have gained from this unit. This assessment is designed for students to further develop the zero-based budget from Assessment 3 that shows skills in breaking down costs for a service or project in relation to planned activity levels and outcomes or deliverables. Development of a business case is a common activity for health managers to undertake. 

Task:
 For your chosen service or health facility prepare a budget for this new service or project suitable to the Nepean Blue Mountains Local Health District. Prepare this in a report format as discussed in class and as outlined on the vUWS website. 
1. Remember that outputs as well as financial data are required.
 2. In preparing the budget, students should show the build-up of the budget from a zero-base including all significant line items. 
3. A contingency plan must be included (what happens if desired funding is not available to the optimal level desired) with at 10% less than the optimal budget. Show deletions and cost cutting measures. 
4. Include a financial activity analysis and a breakeven analysis chart to show at what level of activity the service ’breaks even’. In the public sector this means to come in on budget rather than make a profit. 

Marking Criteria 
–Rationale/justification for a new service
 – Application of zero-based budgeting principles
 – Understanding of activity/output requirements
 – Feasibility and accuracy of the break-even analysis
 – Quality, feasibility and relevance of performance criteria.

401362 Health Services Financing

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Jacqui Rosshandler

Personal Information Student Name Student ID Registration Information Branch Section Number Assessment type Final-THE Academic Year 2020/2021 Semester Spring Earned Grade out of 100 marks General Note B205A- V1 FTHE & Answer Booklet Cut-Off Date :11/6/2021 Cut- off Time :16:05 PM Total Mar ...

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BSB51918 Diploma of Leadership and Management

Task 1 Assessment Instructions This is an individual assessment. You are required to demonstrate the skills and knowledge required to plan communication systems. If you need help understanding any questions, ask your assessor to explain. Using the simulated business information provided, and i ...

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FINE 4050 Personal Finance

Question 1: Optimal consumption and taxes (7 marks)You just turned 27 (January 1st) and have $15,000 in savings. Your current is salary $65,000 whichyou expect to grow at a real rate of 1.75% per year until you retire. You are paid on an annualbasis with wages being received at the end of each year. ...

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AFIN310 Issues in Applied Finance

Task: Purpose of this Assignment   BHP Billiton, Rio Tinto and Fortescue Metals - are publicly listed companies on the ASX and also have debt issuances in the investment market via bonds or loans– you have been assigned to evaluate any risks associated with investing in these companies.Quest ...

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