HCA 311 Week 5 Final Paper Business Plan

Refer to Chapter 24 of the text. Utilize the health care business you selected in Week One as well as the answers to the Basic Information questions. Create a Business Plan proposal for your health care company that includes the following sections:

1. Executive Summary: 1 – 2 pages, concise summary of a business report. It restates the purpose of the report, it highlights the major points of the report, and it describes any results, conclusions, or recommendations from the report.

2. Service and / or Equipment Description: 1 page minimum

3. Organizational Plan: 1 page minimum, include a chart that illustrates the structure of the organization. In addition, provide a summary of your management (i.e. background, responsibilities, etc.)

4. Marketing Segment: 1 page minimum, include demographics, target market, any incentives, competitors, advertisement, etc.

5. Financial Analysis: Projected income statement and types of assumptions made to compute the figures.

a. Typical Income Statement assumption information requirements.

b. What types of revenue?

c. How many services will be offered to produce the revenue (by month)?

d. How much labor will be required (FTEs)?

e. What will the labor cost?

f. How many and what types of supplies, drugs and/or devices will be required to offer the service?

g. What will the supplies, drugs and/or devices cost?

h. How much space will be required?

i. What will the required space occupancy cost?

j. Is special equipment required?

Your Business Plan should include a title page and table of contents (section and page numbers).

The final paper must be eight-to ten-pages in length (excluding title and reference pages). Include five to eight scholarly sources, cited in APA format.

Sample Business Plans. Retrieved from http://www.bplans.com/medical_and_health_care_business_plan_templates.cfm.

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ADDITIONAL INSTRUCTIONS FOR THE CLASS

Discussion Questions (DQ)

Initial responses to the DQ should address all components of the questions asked, include a minimum of one scholarly source, and be at least 250 words.
Successful responses are substantive (i.e., add something new to the discussion, engage others in the discussion, well-developed idea) and include at least one scholarly source.
One or two sentence responses, simple statements of agreement or “good post,” and responses that are off-topic will not count as substantive. Substantive responses should be at least 150 words.
I encourage you to incorporate the readings from the week (as applicable) into your responses.

Weekly Participation

Your initial responses to the mandatory DQ do not count toward participation and are graded separately.
In addition to the DQ responses, you must post at least one reply to peers (or me) on three separate days, for a total of three replies.
Participation posts do not require a scholarly source/citation (unless you cite someone else’s work).
Part of your weekly participation includes viewing the weekly announcement and attesting to watching it in the comments. These announcements are made to ensure you understand everything that is due during the week.

APA Format and Writing Quality

Familiarize yourself with APA format and practice using it correctly. It is used for most writing assignments for your degree. Visit the Writing Center in the Student Success Center, under the Resources tab in LoudCloud for APA paper templates, citation examples, tips, etc. Points will be deducted for poor use of APA format or absence of APA format (if required).
Cite all sources of information! When in doubt, cite the source. Paraphrasing also requires a citation.
I highly recommend using the APA Publication Manual, 6th edition.