Prior to beginning work on this assignment,

As Cleverley and Cleverley (2018) explain,

Zero-base budgeting is a term that had gained much publicity. It has been touted as management’s most effective cost containment tool. It also has been described as the biggest hoax of the century. The truth lies somewhere in the middle. . . . Nearly everyone would agree that cost benefit analysis should be the evaluation method of zero-base budgeting. (p. 391)

Shady Valley skilled nursing facility for long-term care is seeking a non-traditional alternative to budgeting. They are interested in obtaining information regarding zero-based budgeting to achieve their operational goals and aid in strategic planning. The Board of Directors for Shady Valley’s 80-bed skilled nursing facility for long-term care recently hired you as their zero-based budget consultant.

Note: Be sure you are not writing in first person. Check the First vs. Third PersonLinks to an external site. for guidance.

In your paper,

  • Explain how Shady Valley skilled nursing facility can implement a zero-based budget and provide your recommendations to the Board of Directors.
  • Describe the benefits of implementing your recommendations and justify why you are making these specific recommendations.
  • Discuss two positive and two negative aspects of zero-based budgeting in the healthcare delivery system.

The Zero-Based Budgeting paper,