Due in 48 hours w2
Projected Revenue Sources and Ethical Issues
Add to Part 1 of your Organization Wide Operating Budget by identifying the Projected Revenue Sources for Year 1. This will require you to commit to the proposed clientele you will be working with by payer sources (private pay, traditional health insurance, Medicare/Medicaid, managed care, grants). In other words, what percentage or number of patients can you see in a day? Single licensed provider with 60 minute treatments would be 8 clients per day x 5 days per week x 50 weeks per year (less a 2 week vacation). How many of these would you expect to be private pay, have traditional health insurance like Blue Cross/Blue Shield, be Medicare/Medicaid eligible, managed care related, or funded by a specific grant? You may use Worksheet 15.1 and 15.2, page 71+ as a guide to help format this portion of your budget.
Upon reviewing the Calley (2009) article in ProQuest and reviewing the Code of Ethics websites posted by the ACA and APA comment on any design or ethical concerns you have related to your projected revenue sources for year 1. Having evaluated this component of budgeting, are there any revisions you would like to make to your payer source projections, why or why not. The recommended length of this assignment is 2-3 pages with reference support.
Grading Criteria
Content Criteria
5 Points
Content must be appropriately analyzed, summarized, compared/contrasted, and evaluated as applicable per the assignment directions including worksheets identified in the required text/CD.
Budget assignments are 2-3 pages in length and result in a cumulative budget project of 12-18 pages total.
Writing and Organization Criteria
2 Points
The central theme/purpose of the paper is clear.
The structure is clear, logical, and easy to follow.
The tone is appropriate to the content and assignment.
The thoughts are clear and include appropriate beginning, development, and conclusion.
Paragraph transitions are present, logical, and maintain the flow throughout the paper.
Sentences are complete, clear, and concise.
Sentences are well constructed, with consistently strong, varied sentences.
Sentence transitions are present and maintain the flow of thought.
Rules of grammar, usage, and punctuation are followed.
The paper uses words and language that are inclusive, clear, and unambiguous.
Spelling is correct.
Research Criteria
2 Points
The paper includes a summary and analysis of research materials that are relevant to the assignment, e.g. scholarly journals, professional articles, legal documents, government documents, legal decisions, media clips, software, measurement instruments websites, personal communication, etc.
Professional/scholarly journals are peer reviewed and focus on the profession/application of psychology (located on Proquest, EBSCOHost, PsycNET, etc.). Non-scholarly articles include newspapers, periodicals, secular magazines, etc, and are not peer reviewed. Websites not approved include wilkipedia.com and about.com.
Research focuses on the most current information (past five to ten years) except when citing seminal works (e.g. Freud, Erickson, etc.).
Paper includes the appropriate number of references required by the assignment.
When appropriate, the paper addresses ethical considerations in research.
Style Criteria
1 Point
The paper is in the appropriate APA format used by the institution/program (e.g. the 6th edition).
The paper is double-spaced and in the appropriate length required by the assignment
The paper includes an APA style cover page.
The paper includes an Abstract that is formatted to support the appropriate version of APA Publication Manual (e.g. 6th edition).
The paper properly uses headings, font styles, and white space as outlined in the appropriate version of APA Publication Manual (e.g. 6th edition).
The paper includes an introductory paragraph with a succinct thesis statement.
The paper addresses the topic of the paper with critical thought.
The paper concludes with a restatement of the thesis and a conclusion paragraph.
Citations of original works within the body of the paper follow the appropriate version of APA Publication Manual (e.g. 6th edition) guidelines.
The paper includes a References Page that is completed according to the appropriate version of APA Publication Manual (e.g. 6th edition).
Total Possible Points
10
Step-by-Step Budgeting Guidelines
In your readings this week, Dropkin, Halpin, and LaTouche (2007) provide a framework for creating a budget. The authors provide answers to questions such as:
1.) What policies and procedures are necessary for ideal budgeting practices?
2.) What steps are important when creating a budgeting calendar?
3.) Who and what are involved in budget team meetings?
4.) What should be included in the annual budget package?
5.) What steps are necessary for preparing for the annual budgeting process?
6.) What steps are necessary for creating the annual budget?
Worksheet 9.1, in my opinion, is one of the most useful documents in your textbook. This worksheet continues the “hands-on” approach I mentioned last week that will be a theme throughout the course. I’ve used Worksheet 9.1 myself to create a budgeting calendar. My best advice regarding how to use the worksheet is to save it on your computer. This allows you to add tasks as needed and then easily arrange them by date using the cut and paste option in your Word program. Also, the worksheet easily translates into a “working document” that multiple staff can use during planning meetings in order to determine roles and responsibilities, set due dates, and develop incremental steps in the budgeting process. The final draft, then, can be designed from the edited working draft created during the planning session, and –PRESTO- your budgeting calendar has been made!
Chapter 12 in your readings presents 10 steps to creating, implementing, and managing an annual organization-wide operating budget. Please pay particular attention to this chapter because your first discussion question requires you to consider which two steps will be the easiest for you and which two steps will be the hardest. Here’s your chance to imagine what it will be like when you’re a nonprofit administrator!
You have one article to read this week regarding program development. Calley (2009) provides a comprehensive framework for developing programs in the human services. Twelve steps are detailed in the article. Design, implementation, and evaluation are the major components of Calley’s framework. I encourage you to save this article in your growing collection of resources. The framework is an easy to understand, step-by-step guide that I found to be both practical and useful. Hopefully, you will as well!
You have one short video to view this week. This video provides introductory level information about income statements. This is a dreadfully technical video, but the information discussed is very useful. You also have two websites to examine this week. Both provide information regarding ethics and professional conduct- one from the American Counseling Association and one from the American Psychological Association. Of all the resources on these websites, I found the information below to be the most useful. The link details a decision-making model that can be used by anyone in the human services to ensure that ethical decisions are made.
· A Practitioner’s Guide to Ethical Decision Making (Links to an external site.)
Because I believe ethics to be a very important topic in the nonprofit sector, I wanted to provide an additional link for your review. I would ask that you read and save the article below. It describes how to prevent unethical behavior in nonprofit organizations. As future administrators, I trust that you find the topic of ethical practices to be as important as I do!
https://files.eric.ed.gov/fulltext/ED559285.pdf (Links to an external site.)
Questions to Ponder this Week
1. What ethical challenges regarding financial management have you encountered in your career? How could they have been addressed before becoming problematic? What policies or procedures could have prevented them altogether?
2. Do you feel more confident in your ability to create, implement, and manage a budget after reading the materials and practicing with your assignment?
3. Are there any questions still unanswered or unclear?
As you can see by the information above, successful budgeting and financial management is not an easy task. (This will be another theme of the course!) As you read the materials, please ask any questions that you have- your opinions and thoughts are always important! Finally, as you read the course materials this week consider your Week 2 learning objectives. At the end of the week, you should be able to:
1. Evaluate the steps to creating, implementing, and managing an annual organization-wide operating budget.
2. Identify projected revenue sources and ethical issues.
If for any reason the above objectives are not clear, please let me know. My goal is to help all of you be successful in the course. Have a great second week!
References
Boucher, T. & Hudspeth, S. (2008). Ethics and the Nonprofit. Commonfund Institute. Retrieved from http://www.commonfund.org/InvestorResources/Publications/White%20Papers/Ethics%20and%20the%20Nonprofit.pdf
Calley, N. (2009). Comprehensive program development in mental health counseling: Design, implementation, and evaluation. Journal of Mental Health Counseling, 31(1), 9-21.
Dropkin, M., Halpin, J., & LaTouche, B. (2007). The budget-building book for nonprofits (2nd ed.). San Francisco, CA: Jossey-Bass.
Forester-Miller, H., & Davis, T. (1996). A Practitioner’s Guide to Ethical Decision Making. American Counseling Association. Retrieved from http://www.counseling.org/Resources/CodeOfEthics/TP/Home/CT2.aspx
Required Textbook
Dropkin, M., Halpin, J., & LaTouche, B. (2007).
The budget-building book for nonprofits
(2nd ed.). Jossey-Bass.
Required Resources
In order to view the closed captioning of any video in this course, simply click on the cc link on the bottom right of the video (in red), click on transcribe video and then OK and the closed captioning will appear throughout your video.
American Counseling Association, (n.d.). 2014 ACA Code of Ethics Resources. American Counseling Association. Retrieved from
https://www.counseling.org/knowledge-center/ethics/code-of-ethics-resources (Links to an external site.)
. This site is the American Counseling Association (ACA) Code of Ethics Website related to Course Learning Outcome 4 “Apply ethics to the successful implementation of financial management and fundraising efforts of mental health care systems.”
American Psychological Association. (2017). Ethical Principles of Psychologists and Code of Conduct: Including 2010 and 2016 Amendments. American Psychological Association. Retrieved from
http://www.apa.org/ethics/code2002.html (Links to an external site.)
. This site is the American Psychological Association (APA) Code of Ethics. Section 6 relates to record keeping and fees.
BlueCross BlueShield of Tennessee. (n.d.) Behavioral Health Specific Billing Guidelines. Retrieved from
http://www.bcbst.com/providers/behavioral_health/billing_guidelines.pdf. (Links to an external site.)
This site will be used for part of budget (profit) related assignments.
BoardSource, [BoardSource]. (2012, April 3). Responsibilities of Nonprofit Boards – 6 of 10 – Ensure Adequate Financial Resources [Video File]. Retrieved from
https://youtu.be/9w9myx-5xok (Links to an external site.)
BoardSource, [BoardSource]. (2012, April 5). Responsibilities of Nonprofit Boards – 7 of 10 – Protect Assets and Provide Financial Oversight [Video File]. Retrieved from
https://youtu.be/7NhRLNo6AEU (Links to an external site.)
BPMSG, [BPMSG]. (2010, February 23). 06 Operating Expenses Fixed and Variable (Business Performance Management) [Video File]. Retrieved from
https://youtu.be/Xc6F5rMCM40 (Links to an external site.)
Calley, N. (2009). Comprehensive program development in mental health counseling: Design, implementation, and evaluation. Journal of Mental Health Counseling, 31(1), 9-21.
Chevarley, F., Owens, P.L., Zodet, M.W., Simpson, L., & et al. (2006). Health care for children and youth in the United States: Annual report on patterns of coverage, utilization, quality, and expenditures by a county level of urban influence. Ambulatory Pediatrics, 6(5), 241-64.
Final budget for fiscal year 2006 changes Medicaid and Medicare rules, cuts funds for mental health programs. (2006). Psychiatric Services, 57(3), 432-3.
financevideos, [financevideos]. (2008, October 2). What is the income statement? [Video File]. Retrieved from
https://youtu.be/tDc3KulcE9Q (Links to an external site.)
Hornor, J, [eHow]. (2009, May 26). Small Business Basics : How to Understand a Profit-Loss Statement [Video File]. Retrieved from
https://youtu.be/1gI25MuIXkw (Links to an external site.)
McCarthy, J., [goldstarjimmccarthy]. (2010, September 1). Difference Between Fixed and Variable Costs – Quick Draw with Jim McCarthy, Goldstar CEO [Video File]. Retrieved from
https://youtu.be/wBBfA9q8FSQ (Links to an external site.)
Murphy, D., [Abila]. (2017, January 4). 2017 Predictions: Biggest Trends Impacting Nonprofit Finance and Accounting [Video File]. Retrieved from
https://youtu.be/gN3mkq83TXg (Links to an external site.)
National Institute of Health (NIH). (2015). Grants and funding: NIH’s centra resource for grants and funding information. National Institute of Health (NIH). Retrieved from
http://grants.nih.gov/grants/oer.htm (Links to an external site.)
. This site will assist with the Budget Creation assignments. Part of budget (profit) related assignments to Course Learning Outcome 3 “Demonstrate an understanding of fundraising and grant application processes.”
Office of Budget (OB), (2017). HHS FY 2017 Budget in Brief. U.S. Department of Health & Human Services. Retrieved from
https://www.hhs.gov/about/budget/fy2017/budget-in-brief/index.html (Links to an external site.)
Office of Budget (OB), (2017). HHS FY 2018 Budget in Brief. U.S. Department of Health & Human Services. Retrieved from
https://www.hhs.gov/about/budget/fy2018/budget-in-brief/index.html (Links to an external site.)
Rae, W, [ehowfinance]. (2009, February 6). Making a Budget : How to Create a 0-Based Budget [Video File]. Retrieved from
https://youtu.be/4HNFnNrSNjA (Links to an external site.)
Roberts, P, [eHow]. (2008, November 1). Business Advice : How to Determine Profit [Video File]. Retrieved from
https://youtu.be/4Z4HK2uctQE (Links to an external site.)
Sperling (2015, February 20). President Obama’s 2016 budget: What does it mean for mental health?
https://www.nami.org/About-NAMI/NAMI-News/2015/President-Obama-s-2016-Budget-What-Does-It-Mean-f (Links to an external site.)
The Substance Abuse and Mental Health Services Administration (2015). The Substance Abuse and Mental Health Services Administration operating plan for FY2016.
https://www.samhsa.gov/sites/default/files/fy2016-samhsa-operating-plan.pdf (Links to an external site.)
Tuck, A., (2011, February 9). Succeeding Through Tough Times. The Bridgespan Group. Retrieved from
http://www.bridgespan.org/Publications-and-Tools/Strategy-Development/Managing-in-Tough-Times/Succeeding-Through-Tough-Times.aspx#.UTZphNZOTmd (Links to an external site.)
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