Practice Identification/Evaluation You will choose a real or hypothetical mental health related practice for your Budget Assignments in this class. Whether this is a non-profit or for-profit sole proprietorship, limited liability corporation, sub-s corporation, or other, you will need to identify the sources of income based on your prospective clientele. After reviewing the provisions of the MHPAEA of 2008 and the President’s 2016 SAMHSA related budget, discuss the mental health clientele payer sources (e.g., private pay, traditional health insurance, Medicare/Medicaid, managed care, grants). Then, differentiate between each type of clientele by payer source listing at least one strength/weakness from a budgetary perspective. Your initial post should be at least 300 words. Resources Readings 1. Textbook: Dropkin, M., Halpin, J., & LaTouche, B. (2007). The budget-building book for nonprofits (2nd ed.). Jossey-Bass. Chapter 1: Why Budgets and Budgeting are Important to Nonprofits Chapter 2: Understanding Basic Types of Nonprofit Budgets: Overview Chapter 3: Key Board and Staff Roles and Responsibilities in Nonprofit Budgeting Chapter 4: Establishing Budget Guidelines. Priorities, and Goals Chapter 5: How different Sources and Types of Income can Affect Budgeting Chapter 6: Strategies for Developing Organization-Wide Operating Budgets 2. Websites: Sperling (2015, February 20). President Obama’s 2016 budget: What does it mean for mental health? https://www.nami.org/About-NAMI/NAMI-News/2015/President-Obama-s-2016-Budget-What-Does-It-Mean-f (Links to an external site.) The Substance Abuse and Mental Health Services Administration (2015). The Substance Abuse and Mental Health Services Administration operating plan for FY2016. https://www.samhsa.gov/sites/default/files/fy2016-samhsa-operating-plan.pdf (Links to an external site.) Health Services Administration (SAMHSA). Retrieved from https://www.samhsa.gov/health-financing/implementation-mental-health-parity-addiction-equity-act (Links to an external site.) Office of Budget (OB), (2017). HHS FY 2017 Budget in Brief. U.S. Department of Health & Human Services. Retrieved from https://www.hhs.gov/about/budget/fy2017/budget-in-brief/index.html (Links to an external site.) Office of Budget (OB), (2017). HHS FY 2018 Budget in Brief. U.S. Department of Health & Human Services. Retrieved from https://www.hhs.gov/about/budget/fy2018/budget-in-brief/index.html (Links to an external site.) Recommended Multimedia BoardSource, [BoardSource]. (2012, April 3). Responsibilities of Nonprofit Boards – 6 of 10 – Ensure Adequate Financial Resources [Video File]. Retrieved from https://youtu.be/9w9myx-5xok (Links to an external site.) BoardSource, [BoardSource]. (2012, April 5). Responsibilities of Nonprofit Boards – 7 of 10 – Protect Assets and Provide Financial Oversight [Video File]. Retrieved from https://youtu.be/7NhRLNo6AEU. Practice Identification/Evaluation
You will choose a real or hypothetical mental health related practice for your Budget Assignments in this class. Whether this is a non-profit or for-profit sole proprietorship, limited liability corporation, sub-s corporation, or other, you will need to identify the sources of income based on your prospective clientele. After reviewing the provisions of the MHPAEA of 2008 and the President’s 2016 SAMHSA related budget, discuss the mental health clientele payer sources (e.g., private pay, traditional health insurance, Medicare/Medicaid, managed care, grants). Then, differentiate between each type of clientele by payer source listing at least one strength/weakness from a budgetary perspective. Your initial post should be at least 300 words.
