Operating Budget

You are continuing on in your role as an office manager for a group of physicians who own a specialty clinic. The clinic’s senior leaders have asked you to prepare a budget proposal for the clinic for 2020. From your time at the clinic, you know the clinic needs new billing software and there is a request for a new MRI machine. You plan to factor these known expenses into your proposal. You will also need to explain environmental forces that may affect the budget and how your proposal addresses those forces.
Instructions
This operating budget proposal assignment consists of two parts.
Part 1
Use the Sample Operating Budget template located in the Resources to complete this assignment.
The information represents the clinic's operating budget for 2018 and 2019.
You will fill in the 2020 column.
Remember to account for the new billing software and MRI machine in your proposed numbers. Also keep in mind those costs beyond the purchase price, such as staff training, staff additions, and maintenance. You may find it helpful to refer to the cost-benefit analysis assignment you completed in Unit 6.
You may insert your 2020 proposed budget numbers as a table into your operating budget proposal.
Alternatively, you may attach the sample operating budget separately in the assignment submission area.
Part 2
Based on your 2020 proposed budget, write a 4–5-page, double-spaced operating budget proposal that explains and justifies your proposed numbers. Include all of the following headings and address all of the bullets underneath each heading:
Explanation of 2020 Budget Numbers
What are the highlights of the proposed 2020 budget numbers that you want the clinic's senior leaders to be aware of?
What areas of concern do you want to bring to senior leaders' attention?
What assumptions did you make as you prepared these numbers?