This Week You Are Preparing The Budget For The Him Department Your De This week you are preparing the budget for the HIM department. Your department currently employs four full-time and one outsourced staff members, which includes a coder, file clerk, receptionist, data quality manager, outsourced release of information specialist (ROI), and director. The department processes about 600 discharges per month, each discharge taking about 15 minutes to code. The department's ROI request rate was as follows for this past year: 750 charts in the first quarter, 900 in the second quarter, 575 in the third quarter, and 1000 in the fourth quarter. Expenditures for this past fiscal year include salaries for each employee as follows: Coder: $36,400 annually File clerk: $10 per hour (full-time employee working 2080 hours annually) Data quality manager: $52,000 annually ROI specialist: $3.50 per chart processed Director: $68,000 annually The hospital plans to open a new OB/GYN unit at the beginning of next year, which is expected to increase the discharge rate by 20%. This increase will require the HIM department to hire a part-time coder. The new coder will start at $15 per hour. The hospital has also recently purchased a new electronic medical record (EMR) system to scan manual records, necessitating the hiring of two scanners at a rate of $7.20 per hour. Each scanner will work a full 40-hour week; one scanner will operate for half the year, and the other for the entire year. Additionally, only the coder, manager, and director participate in professional organizations, and membership dues for these will increase by $25 per employee. Using this information, prepare a detailed budget for the upcoming fiscal year, including projected salaries, additional staffing costs, new equipment expenses, and membership dues, based on previous expenditures and projected increases.
Paper For Above instruction The preparation of a budget for the Health Information Management (HIM) department requires a comprehensive understanding of current staffing, operational needs, projected growth, and upcoming investments. This paper aims to develop a detailed fiscal plan based on the provided data, emphasizing staffing adjustments, equipment procurement, and membership dues, aligned with the department's