Assignment: Department Budget

The CFO for your healthcare organization comes to you once again to ask for your assistance with budgeting. You are tasked with developing a budget for the open imaging center that is looking to forecast its next fiscal year to present to the board of directors.

For this assignment, in a 1-page Word or Excel document, develop a department budget for the open imaging center. You are able to use any figures that you would like, however, be sure that the numbers are accurate and that your budget includes at least the following points:

• A range of the number of procedures completed in a year.
• A fixed cost for each procedure.
• A variable cost for each procedure.
• A fixed expense that the center accounts for.
• The total annual expenses for the center.
• The annual operating budget for the center.