Budget

University of Phoenix Material

Patton-Fuller Community Hospital

Statement of Revenue and Expense

2009 to 2010 Operating Budget

Complete the Operating Budget. Assume the 2009 projections were realized. Use the 2009 budget and the 2010 budget assumptions to calculate expenses and income for 2010. The revenues have been completed for you.

| | |2009 (Proj) |2010 Budgeted % |2010 Budget |2010 Operating Budget Assumptions |

| | | |Change From 2009 | | |

| | | |Projection | | |

|Revenue |  |Based on these 2009 assumptions: a 3% overall deflation rate for prices in 2009—due to the weak economy—will |

| | |continue into 2010. |

| |Net patient revenue |459,900 |3% |473,697 |Patient revenue will continue to increase, but at a decreased rate, with little or no increase in patient |

| | | | | |volume, due to new managed care contracts. |

| |Other revenue |3,082 |15% |3,544 |Marketing's plan to increase donations by 15% |

|Total...