Finance and Economics in Health Care Delivery

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I appreciate your help on spreadsheet. I read your recommendations and agree that I need to remove the years on the spreadsheet.

Change your data, so that your numbers make more sense and you ‘pay off’ the debt and balance the books earlier in the project. (RECOMMENDED).

The expense and revenue numbers doesn’t matter, then you can just change random figures around, balance it all and I can then just use what you give me.

THE NEXT PART OF ASSIGNMENT

Conduct a financial analysis of the proposed healthcare product or service by completing the following:

Part 1: Develop the Ratio Analyses Worksheet:

Open your Healthcare Budget Request workbook that you created in the previous Assignment, and navigate to the “A5 Ratio Analyses” worksheet.

Using the Healthcare Budget Request Workbook Step-by-Step Guide for guidance, create cost-benefit, break-even, marginal cost, and other analyses as directed for the product or service that you have proposed.

NOTE: You will copy your worksheet and analysis onto the Healthcare Budget Request Template (Word document) for submission.

Part 2: Summary of Analyses and Interpretation of Results:

Create a brief (1- to 2-page) description of your analyses. Be sure to address the following in your summary:

When will your organization’s investment(s) in the healthcare product or service break even?
What is the payback period?
What assumptions have you made in your analyses?
What do these analyses mean for your organization?

Finance and Economics in Health Care Delivery

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Healthcare Budget Request New Service Line for Patient Transportation Prepared by: Student Name Submitted: January 19, 2020 Executive Summary Nursing Shortage and the Cost of Recruitment The Introductory Paragraph with a clear purpose statement goes in this first paragraph. *Check for grammar and APA formatting because I will! Existing Practice and Problem Identification A clear, succinct description of the problem or gap goes in this paragraph. Include scholarly support as needed. Proposed Solution A clear, succinct description of the proposed solution goes in this paragraph. Include scholarly support as needed. Conclusion A short wrap up. The conclusion should not introduce any new ideas and should not need any citation. References Example, J (2017). Title of article: Be sure you format to APA standards. Health Research, 2 (2). Projected Expenses and Revenues (Five Year) ESTIMATED EXPENSES and ROI (US Dollars $) This worksheet presents the estimated expenses for the development, launch and maintenance of Nursing Shortage and the Cost of Recruitment. Also presented is a Return on investment (ROI) analysis. Expenses/Cost Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Grand Total Start up expenses Office Space 88,542.72 Equipement 132,814.08 Advertising 147,571.20 Payroll 472,227.84 Website 177,085.44 Total start up expenses ($) 1,018,241.28 Operating Expenses Personnel 230,400. 00 81,920.00 65,536.00 52,428.80 41,943.04 472,227.84 Equipement 64,800.0 0 23,040.00 18,432.00 14,745.60 11,796.48 132,814.08 Supplies 7,200.00 2,560.00 2,048.00 1,638.40 1,310.72 14,757.12 Marketing 28,800.0 0 10,240.00 8,192.00 6,553.60 5,242.88 59,028.48 Training 43,200.0 0 15,360.00 12,288.00 9,830.40 7,864.32 88,542.72 Total operating expenses ($) 374,400. 00 133,120.00 106,496.00 85,196.80 68,157.44 767,370.24 374,400. 00 133,120.00 106,496.00 85,196.80 68,157.44 1,785,611. 52 Appropriated funds 300,000. 00 300,000.00 300,000.00 300,000.00 300,000.00 1500000 Technology advancement 16,000.0 0 16,000.00 16,000.00 16,000.00 16,000.00 80000 Attrition 34,000.0 0 34,000.00 34,000.00 34,000.00 34,000.00 170000 Reduction in work space 40,000.0 0 10,000.00 8,000.00 8,000.00 9,000.00 75000 Total Revenue/savings ($) 390,000. 00 360,000.00 358,000.00 358,000.00 359,000.00 1825000 Total Expenses ($) 1,018,241.28 Revenue/Savings Return on Investment (%) 4.17% 1.7043269 2.3616286 23 06 Intro here tells the reader what this section is about. Startup Expenses 3.2020357 4.2672166 0.0220588 57 09 1826 The startup expenses, as seen in your Spreadsheet, are defined here. Operating Expenses The operating expenses, as seen in your Spreadsheet, are defined here. Revenue /Savings The revenue, as seen in your Spreadsheet, are defined here. Conclusion Your conclusion paragraph here. Projected Budget (Five Year) !!!!!!!!Budget Table Goes Here!!!!!! I suggest the following headings: Five-year budget for The Finance and Economics in Health Care Delivery