Unit VI Case Study

You are the manager of a cardiac intensive care unit. The unit census has been declining annually, yet your staffing ratios have been high. It is time for you to create your managerial plan annual budget. In this case study, discuss what you would include in your request for your departmental and capital budgets. What would you review before you make your request? Are there any cost reports you would use to make an informed request? Are there any capital requests your department may need?
Your textbook and one library resource is required for this assignment. Your case study must be at least two pages in length. Adhere to APA Style when constructing this assignment, including in-text citations and references for all sources that are used. Please note that no abstract is needed.

SAMPLE SOLUTION

Budgeting is an essential part of running a successful healthcare organization. It provides the management with an overview of what they are doing right and the aspects that they need to improve on if they are to remain fiscally viable. It also helps them eliminate wasteful expenditure, and hence focus on the aspects of the company that will ensure that they reach their goals and objectives.
Managerial budgeting requires one to take into consideration all the aspects involved in the successful running of the cardiac intensive care unit (Carroll & Lord, 2016). Since the unit has been experiencing high staffing ratios, the manager must include a request for more money to pay to hire and train more nursing staff. However,…