In the previous activity (attached), you asked a finance-related question that is of operational importance to your department. In this assignment, you will dive deeper into the question.
Review the Villa Health Financial Statement Analysis scenario https://media.capella.edu/coursemedia/sumid000160/wrapper.asp as needed. Conduct general research on the hospital department you have chosen to better understand how it operates, particularly in areas related to its finances.
In the weeks after the Villa Health Board meeting, your department is facing a large staffing shortage that has resulted in a significant increase in overtime costs. Your department needs to address the ensuing budget shortfall and share the plan with senior leadership.
Considering the scenario, create a brief for senior leadership that shares your initial steps for addressing the budget shortfall. In your brief, include the following:
Use at least three sources to support your writing. Choose sources that are credible, relevant, and appropriate.
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