NR 533 Financial Management In Healthcare Organizations, NR 533 Week 5 Assignment: Break-Even Analysis Purpose The purpose of this assignment is to provide learners with the opportunity to develop break-even-analysis skills. Week 5 Break Even Analysis Assignment and Guidelines (Links to an external...
nr 533 financial management in healthcare organizations
nr 533 financial management in healthcare organiza
Escuela, estudio y materia
Chamberlain College Of Nursing
NR 533
Todos documentos para esta materia (54)
3
reseñas
Por: dianaohaus23 • 9 meses hace
Por: dlynch100 • 1 año hace
Por: gafuote • 1 año hace
Vendedor
Seguir
NurseFerian
Comentarios recibidos
Vista previa del contenido
Chamberlain College of Nursing NR533 Financial Management of Healthcare Organizations Week 5: Break-even Analysis Assignment Guidelines with Scoring Rubric
Purpose
The purpose of this assignment is to provide learners with the opportunity to develop break-even-analysis skills. Due Date: Sunday 11:59 p.m. MT at the end of Week 5 Total Points Possible: 100
REQUIREMENTS:
Answer the questions and complete the calculations required for the assignment.
Submit your answers on a Word document, with the heading of Week 5 Assignment. For the questions requiring a written response, please adhere to proper grammar and syntax, and provide references. For the questions requiring calculations, show all your work and follow the format that has been provided for the calculations in the lesson for Week 5.
PREPARING THE PAPER
This study source was downloaded by 100000842735215 from CourseHero.com on 08-15-2022 04:45:01 GMT -05:00NR 533 Break-even Analysis AGR 4.30.18nhs 1
https://www.coursehero.com/file/34027592/71999d0a68010660162e0bdc11e78df9-NR533-Week-5-Break-Even-Analysis-Assignment-Guidelines-and-Rubric/ Break-Even Analysis Case Study
You and several of your colleague business partners have decided to establish an outpatient fertility clinic in your service area. All of you are very familiar with this patient population base, have completed an extensive market analysis that demonstrated a great need for the service, and are comfortable with setting up a business and the costs associated
with this special group of patients.
As part of the business plan, you and your partners will need to convince stakeholders that this new service endeavor will be viable. They will want to know how many patient visits will need to occur annually and how long it will take for the service to be at least cost neutral or profitable. To provide them with this information you will perform a break-even
analysis. Use the following data and conduct the analysis accounting for the contribution margin of each patient acuity category.
•Fixed Costs: $9,788,000 (start-costs, specialty physicians, anesthesiologists, APNs, staff nurses and other staff salaries, specialty equipment, other miscellaneous)
•Variable costs: $500/patient visit (specialty equipment, oxygen supplies, other miscellaneous)
•Clinic days: Monday–Saturday—312 days/year
•Projected patient visits per year: 7488
•Patient charges by patient acuity category:
o Simple (15%)------------$2,000/visit o Moderate (60%)--------$6,500/visit o Complex (25%)---------$10,000/visit 1.Describe your approach to this Case Study. In addition to the numbers given, what do you need to know before you can calculate the break-even analysis?
Chamberlain College of Nursing NR533 Financial Management of Healthcare Organizations This study source was downloaded by 100000842735215 from CourseHero.com on 08-15-2022 04:45:01 GMT -05:00NR 533 Break-even Analysis AGR 4.30.18nhs 2
https://www.coursehero.com/file/34027592/71999d0a68010660162e0bdc11e78df9-NR533-Week-5-Break-Even-Analysis-Assignment-Guidelines-and-Rubric/
Los beneficios de comprar resúmenes en Stuvia estan en línea:
Garantiza la calidad de los comentarios
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Compra fácil y rápido
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Enfócate en lo más importante
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable.
Así llegas a la conclusión rapidamente!
Preguntas frecuentes
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
100% de satisfacción garantizada: ¿Cómo funciona?
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller NurseFerian. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for 11,60 €. You're not tied to anything after your purchase.