Budget vs Actual — eKlotho Inc Healthcare Administration

Total Budget

$52.4M

FY 2024 approved budget

Actual Spend

$49.8M

Under by $2.6M

Variance ($)

-$2.6M

FAVORABLE

Variance %

-5.0%

Below budget

Budget vs Actual by Category

Grouped comparison across expense types

Budget

Actual

Spend Distribution

Actual spend by category

Medical

$28.4M (57%)

Pharmacy

$9.1M (18%)

Admin

$6.8M (14%)

Capitation

$5.5M (11%)

Monthly Spend Trend — Budget vs Actual

12 months rolling with variance band

Budget

Actual

Category	Budget	Actual	Variance $	Variance %	Trend	Status
Medical / Clinical Inpatient, outpatient, professional services	$30,100,000	$28,420,000	-$1,680,000	-5.6%		FAV
Pharmacy Retail, specialty, mail-order pharmacy	$9,800,000	$9,120,000	-$680,000	-6.9%		FAV
Administrative Staffing, operations, overhead	$6,500,000	$6,820,000	+$320,000	+4.9%		UNFAV
Capitation Payments Provider capitation, risk pool distributions	$6,000,000	$5,440,000	-$560,000	-9.3%		FAV
TOTAL	$52,400,000	$49,800,000	-$2,600,000	-5.0%		FAV

Department Drill-Down — Medical / Clinical

Inpatient

$8.2M

Budget: $9.1M

Outpatient

$11.4M

Budget: $11.8M

Professional Svc

$6.9M

Budget: $7.2M

Behavioral Health

$1.9M

Budget: $2.0M

Page Guide

The Budget vs Actual page compares approved financial budgets against actual spending across all categories.

Use the fiscal period dropdown to select the reporting timeframe.
KPI cards show the total picture — favorable variance is shown in green.
Click "Drill" on any category row to see department-level breakdown.
Use Export to download the variance report as a CSV or PDF.

FAV (Favorable): Actual spend is below budget — this is a positive outcome for the plan.
UNFAV (Unfavorable): Actual spend exceeds budget — requires investigation.
Healthcare budgets fluctuate seasonally — Q1 and Q4 typically have higher spend.
A variance of more than ±5% typically triggers a formal budget review.

Medical/Clinical: All claims costs including inpatient, outpatient, professional services, and ancillary.
Pharmacy: Retail, mail-order, and specialty pharmacy claims.
Administrative: Staffing, IT, facilities, and operations overhead.
Capitation: Fixed PMPM payments to capitated provider groups.

Review monthly trends — a single unfavorable month may be a timing issue, not an overrun.
Administrative overruns (like this year's +4.9%) often signal unexpected staffing or IT costs.
Export Q4 actuals and compare to prior Q4 for seasonal pattern analysis.
Share the variance table with department heads monthly for accountability.