M6A2 - Health Care Administrator Case Study Project – Part 1

1.       Read the Case Study 13.3: North Side Hospital in module
2.       Complete the form to prepare a cash forecast (budget) for the months of January, February, and Marc

January February
Description Gross Receivable
Collections Collections

November Receivables
15,000 7,500 0
December Receivables
25,000 10,000 7,500
January Receivables
200,000 98,000 40,000
February Receivables
210,000 0 102,900
March Receivables
220,000 0
Less: 2% discount
2000 2100

Total cash inflows from

receivables 670,000 115,000 150,400

Cash disbursements for expenses

in month incurred 75,000 80,000 80,000

Cash disbursements for expenses

in month AFTER incurred
75,000 80,000

Cash Balance change from

operations for month 39,500 9,600

Cash balance, beginning

40,000 40,000

Cash from financing

39,500 9,600

Cash balance, ending

40,000 40,000
 Budget Form

onths of January, February, and March using the case study as a guide.

Total Collected Remaining

March 15% Not
Excluding 2% Receivable
Collections Collected
Discount Balance

0 0 7,500 0

0 0 7,500 0

30,000 2,000 30,000 0

42,000 21,000 21000 31,500

107,800 22,000 22000 77,000

2200 0

179,800 45,000 45,000 173,000

80,000

80,000

19800

40,000

19800

40,000