Basic level of competency in epidemiology

  One of the goals of Health Service Managers is to achieve a basic level of competency in epidemiology to address issues such as population health and chronic disease. Health Service Managers also research consumer spending to help contribute to the practice of Health Services Management research. You will gain foundational skills by developing an Income and Expense Budget in Microsoft Excel to meet the annual financial goal of the department at a healthcare organization. In this assignment, you will complete the income and expense budget, then write a one-page summary using the “Sample Paper” format to describe your data to your department head. Background You recently were hired at a high-performing medical center as a Health Service Manager in the Orthopedic Department. One of your first tasks was to create an income and expense budget. Your department head also said that within the next three months you will need to conduct research and use the income and expense budget to determine the Medicare and Medicaid patient populations (i. e. children, pregnant women, parents, seniors, and individuals with disabilities). The department head also commented that initially, the government paid 100% under the ACA between 2014-2016. The states will have to pay their percentage and manage the increasing costs by tapping into tax revenues, making hospitals help, and adding work requirements and premiums (the data showed the government payments in 2016: 100%, 2017: 95%, 2018: 94%, 2019: 93%, and 2020 and each year thereafter 90%). The states began paying the difference in the percentage costs in 2017. Assignment Download and use the format in the “Sample Paper.” Review and Analyze the Video: Income and Expenditure Spreadsheet at https://www.youtube.com/watch?v=buIupSWqmmc. Use the data the table below to create your expense budget, create the date, and reference number Income ExpendituresProcedure A, Hip Replacement 10,000 Inventory 5000Procedure B, Back Surgery 13,000 Supplies 4000Procedure C, Knee Replacement 15,500 Admin Salary 1000Procedure D, Hip Fracture 5,000 Physician Salary 3000 Procedure E, Pediatric Surgery 5,000 Nurse Salary 2000 Procedure A, Hip Replacement 5,000 Admin Salary 2000 Procedure A, Hip Replacement 2,000 Physician Salary 4000 Procedure C, Knee Replacement 10,000 Nurse Salary 3000 Procedure C, Knee Replacement 5,000