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Analysis Per Service Line Budget and Variance Inpatient Inpatient Product Line Budget(FY10) Actual (FY10) IP Expenses (FY10) Forecasted (FY11) FY11 Budget (FY10+6% Inflation) Actual (FY11) Actual IP Expenses (FY11 YTD) CIRC 5,475.81$ 690 3,778,309$ 724 4,202,356$ 421 2,472,822$ DIGEST 5,476.81$ 1,105 6,051,875$ 1,161 6,737,188$ 636 4,356,173$ ENT 5,477.81$ ,248$ ,842$ 72 462,822$ GYN 5,478.81$ 208 1,139,592$ 219 1,268,947$ ,322$ MENTAL HEALTH 498.78$ 1,,930$ 1,,283$ ,730$ NERVOUS 5,478.81$ 217 1,188,902$ 228 1,324,119$ ,173$ NEWBORN 5,478.81$ 698 3,824,209$ 733 4,256,926$ 433 2,971,020$ OB 5,478.81$ 1,430 7,834,698$ 1,501 8,717,115$ 868 5,472,892$ ORTHO 5,478.81$ 601 3,292,765$ 631 3,664,557$ 274 1,771,063$ OTHER 5,478.81$ 2,050 11,231,561$ 2,152 12,497,823$ 800 4,662,277$ RESP 5,478.81$ 645 3,533,832$ 677 3,931,704$ 197 1,233,771$ Total Inpatient Expenses 43,196,922$ 9,506 48,069,860$ 4,664 25,256,062$ Jiranna Healthcare Expenses Worksheet, Mid-Year Review Inpatient Inpatient Product Line ForecastedFor FY11 Projected IP Revenue For FY11 Actual (FY11 YTD) Actual IP Revenue (FY11 YTD) CIRC 724 4,351,711$ 421 2,530,676$ DIGEST 1,161 6,988,125$ 636 3,830,402$ ENT ,215$ 72 433,948$ GYN 219 1,313,983$ ,128$ MENTAL HEALTH 1,,539$ ,949$ NERVOUS 228 1,391,632$ ,744$ NEWBORN 733 5,141,782$ 433 3,033,900$ OB 1,501 8,576,189$ 868 4,960,622$ ORTHO 631 3,839,118$ 274 1,664,658$ OTHER 2,152 12,951,037$ 800 4,813,961$ RESP 677 4,142,380$ 197 1,202,960$ Total Inpatient Earnings 9,506 50,155,710$ 4,664 24,220,949$ Jiranna Healthcare Revenues Worksheet, Mid-Year Review Price 6,010.65$ 6,021.65$ 6,001.65$ 6,013.65$ 502.99$ 6,103.65$ 7,014.71$ 5,713.65$ 6,084.18$ 6,018.14$ 6,118.73$ Product Line MDC Description CIRC Diseases and Disorders of the Circulatory System DIGEST Diseases and Disorders of the Digestive System ENT Diseases and Disorders of the Ear, Nose, Mouth, and Throat GYN Diseases and Disorders of the Female Reproductive System MH Mental Diseases and Disorders MH Alcohol/Drug Use and Alcohol/Drug Induced Organic Mental Disorders NERVOUS Diseases and Disorders of the Nervous System NEWBORN Newborns and Other Neonates with Conditions Originating in Perinatal Period OB Pregnancy, Childbirth, and the Puerperium ORTHO Diseases and Disorders of the Musculoskeletal System and Connective Tissue OTHER Unknown OTHER Diseases and Disorders of the Eye OTHER Diseases and Disorders of the Hepatobiliary System and Pancreas OTHER Diseases and Disorders of the Skin, Subcutaneous Tissue and Breast OTHER Endocrine, Nutritional and Metabolic Diseases and Disorders OTHER Diseases and Disorders of the Kidney and Urinary Tract OTHER Diseases and Disorders of the Male Reproductive System OTHER Diseases and Disorders of the Blood, Blood Forming Organs, Immunological Dis OTHER Myeloproliferative Diseases and Disorders, Poorly Differentiated Neoplasm OTHER Infectious and Parasitic Diseases, Systemic or Unspecified Sites OTHER Injuries, Poisonings and Toxic Effects of Drugs OTHER Burns OTHER Factors Influencing Health Status and Other Contacts with Health Services OTHER Multiple Significant Trauma OTHER Human Immunodeficiency Virus Infections RESP Diseases and Disorders of the Respiratory System

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Analysis of Inpatient Product Line Budget and Variance
Introduction
Inpatient services are a significant part of healthcare operations, and comprehensive financial analysis is crucial for sustainable management. This analysis evaluates the inpatient service line budget and variance for fiscal years (FY) 2010 and 2011, covering both expenses and revenues. Understanding the budgetary performance allows for making informed, strategic decisions that enhance the quality of services while ensuring financial health.
Budget Overview
The total inpatient expenses for FY10 were reported at ,196,922, with a projected budget for FY11 of ,069,860. Actual inpatient revenues in FY10 reached ,155,710, indicating a positive financial performance overall (Jiranna Healthcare Expenses Worksheet, 2023). The inpatient expenses reflect monthly data aligned with direct service lines, including Circulatory (CIRC), Digestive (DIGEST), Ear Nose and Throat (ENT), Gynecology (GYN), Mental Health, Nervous System (NERVOUS), Newborns (NEWBORN), Obstetrics (OB), Orthopedics (ORTHO), Other, and Respiratory (RESP) services.
Variance Analysis
Variance analysis is vital for understanding discrepancies between budgeted and actual expenditures and revenues. Each service line is reflected in its specific financial performance, warranting individual attention.
1. CIRC (Diseases and Disorders of the Circulatory System)
- Budgeted Expense (FY10):