Why would there be a need to increase payroll, particularly nurses’ salaries?

Summarize the Every Woman Matters program and how the issue of women’s preventive health care was approached. Analyze possible reasons the program was ineffective.
March 27, 2021
Identify the populations served and any issues of population vulnerability.
March 27, 2021

Why would there be a need to increase payroll, particularly nurses’ salaries?

PowerPoint presentation of 10–15 slides + speaker notes of 150 words PER SLIDE 3 scholarly referencesLAST YEAR’S BUDGET IS ATTACHED!! 100% NO PLAGARISM As a member of the finance team, you have been asked to forecast the upcoming year’s operational budget for Krona Community Hospital. Last year’s budget is attached. After reviewing specific data, internal input, and external input from various sources, you find that the executive management team would like the budget to reflect the following:10% increase in inpatient revenue15% increase in outpatient revenue5% increase in pharmacy revenue15% increase in home health and hospital revenue10% increase in payroll and benefitsNote: The budget should be formatted to reflect the percentage increase or decrease from last year’s budget.Additionally, provide discussion on the following:How might you increase revenue in each of the areas? Think outside of the box, and perform research to determine current trends in those areas.Why would there be a need to increase payroll, particularly nurses’ salaries?Provide an explanation as to how the Krona Community Hospital may be able to achieve an increase in the revenue areas that the chief executive officer (CEO) wishes you to address. LAST YEAR’S BUDGET BELOW!!!! KRONA HOSPITAL OPERATING BUDGET FOR 20XX Revenues Inpatient $25,000,000 Outpatient15,000,000 Emergency Room10,000,000 Laboratory5,000,000 Pharmacy1,500,000 Home Health and Hospice1,500,000 Ambulance Services950,000 Substance Abuse250,000 Other850,000 Subtotal $60,050,000 Less Chartiy Care18,000,000 Net Revenues $42,050,000 Expenses Payroll (including nursing salaries) $12,500,000 Benefits3,000,000 Contract Labor100,000 Insurance300,000 General Services (laundary, security, etc) 3,000,000 Depreciation 1,500,000 Interest Expense300,000 Professional Services10,000,000 Total Operating Expenses $30,700,000 Net Income $11,350,000

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