This assignment will require you to consider several influences to the budgeting process of a healthcare institution. Here, you will review the payer mix and other influences to revenue as you consider revenue factors for the budget. Complete the following for this assignment:

Assess the differences in health care budgeting as a result of these potential changes in the payer mix and payment methodologies as an outcome of the Affordable Care Act.

Take into consideration that while more patients may have insurance coverage, the outofpocket expenses will continue to create potential uncollectable liability.

Evaluate how you would strategize to keep a balanced budget for all 12 months in a year using a flexible budget rather than a static budget and provide rationale and justification.