Chat with us, powered by LiveChat Upon reviewing the annual budget and fiscal standing of Metropolitan Memorial, the CFO has identified shortfalls that will impact the funding of its proposed expansion - Essayabode

Upon reviewing the annual budget and fiscal standing of Metropolitan Memorial, the CFO has identified shortfalls that will impact the funding of its proposed expansion

Scenario

Upon reviewing the annual budget and fiscal standing of Metropolitan Memorial, the CFO has identified shortfalls that will impact the funding of its proposed expansion into rural communities. In order to secure adequate funding from the Board, the operational team must reduce current operating budget by a million dollars.

Instructions

The CFO requests that you draft a memo to the Board providing justification for the additional funding in light of the shortfall. You should review current literature to support your justification. Your memo should include the following information based on the literature:

  • Explain the possible impact of resource allocation within a rural communities .
  • Discuss the factors that may affect the quality of care by reducing healthcare resources to accommodate budgetary constraints.
  • Discuss a potential service line and five possible ways in which the service line may maximize resource allocation. (Example Telehealth)
  • APA, in-text citations

I've attached example of Memo outline.

I've also attached notes and references instructor would like us to use, not all but some.

HSA5400 – Deliverable #2 Review – Dr. Ide

What am I creating? A Memo

Is there a template? Yes! – Memos

A memo (or memorandum) is  a short communication typically used within an organization.  Memos are often used as a tool to  share new information.

APA does not guide formatting and writing memos, so font, font size, spacing and so forth  are up to you or your instructor.

In terms of content, Cengage Learning's Online Study Center offers the following information on writing a memo: 

· A memo consists of two parts: the  identifying information at the top, and  the message itself. At the top, identify for whom the memo has been written, who is sending it, the subject, and the date. The subject line serves as the memo's title.

· Your audience will determine the style and tone you use in a memo: You can use a casual tone to a coworker you know well, but you should use a more formal tone in a memo to your boss.

· It's essential to  organize your memos well. Most longer memos contain  an introductiona discussion, and  a conclusion. In the introduction, tell readers what prompted you to write (such as a problem or question about a specific procedure or policy), and provide any necessary background information. In the discussion section or body, indicate the changes required to address that problem or question. In the conclusion, state specifically how you want the reader to respond.

Microsoft has additional information on creating a memo.

· Creating a Memo

Memo.docx

Instructions

The CFO requests that you draft a memo to the Board providing justification for the additional funding in light of the shortfall. You should review current literature to support your justification. Your memo should include the following information based on the literature:

· Explain the possible impact of resource allocation within a rural communities .

· Discuss the factors that may affect the quality of care by reducing healthcare resources to accommodate budgetary constraints.

· Discuss a potential service line and five possible ways in which the service line may maximize resource allocation.

Additional resources (click on hyperlinks to go to the resources below:

RHI HUB – Healthcare Access in Rural Communities

How to Improve Health Care in Rural Areas

Rural Health Disparities

Why Health Care Is Harder to Access in Rural America

Ensuring Health Care Quality in Rural America

CMS – Rural Health Strategy 2018

CMS Rural Health – Rural Health

,

Metropolitan Memorial

Memo

To: Recipient Name
From:

Crystal Hunter

cc:

Dr.

Date:

07/16/2024

Re:

Rural Expansion

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