Institutional Planning: Overall Plan, Operating Budget, and Capital Expenditure Plan
Sets out how the Agency, under the direction of the governing body, prepares an overall plan and a budget that includes an annual operating budget and a capital expenditure plan for at least three years, through a committee of the governing body, administrative staff and medical staff (if any), reviewed and updated at least once a year, with the financial oversight and records that support it.
About this policy
- Policy number
- MO-HH-BUS-01
- Version
- 1.0
- Main rule
- 42 CFR §484.105(h) (adopted by 19 CSR 30-26.010(1)(A))
- Library
- Missouri home health · 57 policies
- Category
- Business
- Sections
- 18
In short
- Each year the Agency prepares an overall plan and a budget, approved by the governing body.
- The budget lists all expected income and expenses for the year.
- A capital plan looks at least three years ahead.
- The plan and budget are reviewed and updated at least once a year.
- Managers help by telling the Administrator about staffing, training and equipment needs.
What's inside
18 sections. The full text comes with the One-time Policy Pack.
- Terms of Reference
- 1. Purpose
- 2. Scope
- 3. Definitions
- 4. Policy Statement (42 CFR §484.105(h) (adopted by 19 CSR 30-26.010(1)(A)))
- 5. Planning Committee
- 6. Contents of the Overall Plan
- 7. Annual Operating Budget
- 8. Capital Expenditure Plan
- 9. Review and Approval
- 10. Financial Oversight During the Year
- 11. Responsibilities
- 12. Records and Compliance Monitoring
- 13. Staff Training
- 14. References
- 15. Related Policies and Forms
- 16. Approval
- 17. Revision History
An inspector may ask
- Show me your overall plan and this year's operating budget. Who prepared them and when were they approved?
- Does your capital expenditure plan cover at least three years?
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