| Budget C |
| REVENUES |
| Description |
Detail |
Yearly Budgeted Amount |
| Clinic Revenue Lab |
325 clients per month, 3,900 total visits |
163,800.00 |
| Revenue Medications |
195 of billable labs per month, 2340 labs per year |
58,500.00 |
| Revenue Procedures |
162 meds per month, 1,950 per year |
39,000.00 |
| Revenue Less |
# of billable procedures done per year |
26,000.00 |
| Contractuals |
Percentage negotiated with payer |
114,920.00 |
| TOTAL CLINIC REVENUE |
| 402,220.00 |
| EXPENSES |
| Description |
Detail |
Yearly Budgeted Amount |
| PAYROLL |
| Provider salary |
Total salary |
60,000.00 |
| Receptionist salary |
| 13,395.00 |
| LPN salary |
| 28,182.00 |
| Total Salary & Wages: |
| 101,577.00 |
| Provider FICA |
Salary x 0.0765 |
4,590.00 |
| Receptionist FICA |
Salary x 0.0765 |
1,024.68 |
| LPN FICA |
Salary x 0.0765 |
2,155.92 |
| Total FICA |
| 7,770.60 |
| Unemployment |
| Health Insurance |
| 10,222.08 |
| Life Insurance |
| 2,216.00 |
| Long Term Disability |
| 666.00 |
| 401K Employer Contribution |
| Total Additional Benefits: |
| 13,104.08 |
| TOTAL PAYROLL: |
| 122,451.68 |
| OPERATING EXPENSES |
| Supplies Food |
| 100 |
| Misc. Supplies |
| 1,000.00 |
| Medications |
| 5,000.00 |
| Medical Supplies |
| 4,500.00 |
| Office Supplies |
| 500.00 |
| Printing |
| 500.00 |
| Postage |
UPS, Fed Ex, Postage |
500.00 |
| Professional Fees |
| Consulting |
Accountants fees |
1,000.00 |
| Audit Fee |
| 1,500.00 |
| Legal Fees |
| 1,500.00 |
| Licensing Fees |
Clinic |
300.00 |
| Bank Fees |
| 250.00 |
| Advertising |
| 5,000.00 |
| Insurance |
| Worker's Compensation |
| 1,575.00 |
| Gen/Pro/Med Mal |
liability, professional liability, employment, practice liability, property insturance, etc. |
15,000.00 |
| Umbrella Ins. |
| 830.00 |
| D&O Ins. |
| 1,000.00 |
| Professional Development Meetings |
Continuing education for provider and staff |
1,000.00 |
| Cont. Memberships etc. |
Exp. Rural Health Association |
300.00 |
| Travel & Entertainment |
Monies for getting to conference |
1,000.00 |
| Facility |
| Telephone |
Regular Service |
1,800.00 |
|
| Internet Access |
300.00 |
| Utilities |
Water, Electric, Garbage |
5,000.00 |
| Small Equipment & Tools |
| 300.00 |
| Equipment Rental |
| 1,200.00 |
| Capital Equipment |
| 10,000.00 |
| Rent or mortgage |
| 7,200.00 |
| Maintenance |
cleaning service, building & grounds upkeep |
1,600.00 |
| TOTAL OPERATING EXPENSES |
| 69,755.00 |
| TOTAL EXPENSES |
| 192,206.68 |
|
|
| Yearly Budgeted Amount |
| NET INCOME (Loss) |
[Revenue - Expenses] |
210,013.32 |
Slugger
Operating-Budget.xlsx
