See attached file.
Please explain how costs can be cut and still keep the clinic up and running.
What and how would you use excel and what formulas.
I am the Chief Administrator of Uptown Clinic, a community mental health agency, I am concerned about the dilemma of coping with reduced budgets next year and into the foreseeable future, but increasing demand for services. In order to plan for reduced budgets, I must first identify where costs can be cut or reduced and still keep the agency functioning
Here is some data from the past year...© BrainMass Inc. brainmass.com May 20, 2020, 1:21 pm ad1c9bdddf
See attached Excel file.
1. Give a dollar range of costs to reduce budgets (worst and best case analysis).
Worse case for Uptown Clinic is $363,000 and the best case for the health agency is $457,000. The worse case is when the entire amount that is $94,000 needs to be deducted from the current budget that is $457,000.
2. I need to cut $94,000 in cost. Prioritize those cuts that can be made without impacting the operation or quality care of the organization.
Please note that there are two ...
The solution presents a formatted Excel spreadsheet that can be used for budgeting and forecasting costs. The accompanying narrative explains how to approach the cost reduction exercise.