1) Laying the Groundwork
Scenario: Initially, the established leadership at the hospital was skeptical. Now they are at least willing to listen. So you decide it’s time to introduce a procedure that you think will improve the financial performance: the gastric sleeve procedure.
Based on knowledge that you have gained in this course’s textbook:
· Explain the different sources from which you may obtain the funds needed to introduce this procedure.
· Assuming you have the resources to cover this new procedure, explain the implications of this new service to the revenue cycle of the hospital.
2) Crunching the Numbers
Scenario: You’ve got the numbers and the CFO wants you to explain how this investment will be worth it. You will have to spend up front $2,000,000 to build a new OR and obtain equipment just to handle the procedure and then pay another $200,000 per year to a physician who will perform the procedure. You expect that it will take a while before the general public becomes aware of the availability of the procedure, so it will take $40,000 the first year, and $10,000 each year after that. For the sake of simplicity, assume that you will receive $1,000 from insurance for each procedure. The first year you will have 400 procedures and it will grow by 200 procedures each year.
Use Excel to compute the following:
· Using the payback method, how long will it take to recover the initial investment?
· If the hurdle rate is 10%:
o What is the future value of the initial investment?
o Assume the future value is the cost of everything you will pay out over the five years, except for the initial investment. What is the present value?
· What is the IRR?
· Should you invest? Why or why not?
Papers are written from scratch We have molded our writers to develop content for all assignments from scratch. This way, we promote originality and reduce cases of plagiarism that might affect your grades and hinder you from realizing your academic goals. We encourage our clients to indicate the deliverables that should be featured in the final paper. Our online help services allow one to make a clarification and even interact with the writer directly to help them understand the needs of the assignment. Many of our writers are professional tutors who understand the approaches that should be used to fulfill the specified instructions. Every time a client places an order on our system, we link them with the most qualified writer in the subject of interest.
YUnlike other writing companies, we encourage clients to draw back their money at any stage of the writing process if they experience any uncertainties with the quality of generated content. However, you will hardly have to make this decision because of our business approach that suits your needs.
We have an advanced plagiarism-detection system that flags any work that fails to meet the required academic expectations. Our company thrives in honesty, and as such, you will be guaranteed to achieve a paper that meets your expectations.
We encourage our clients to return papers for revision seven days after the last submission for free. Depending on the proposed changes, we will work on your article to achieve the desired expectations.
We uphold confidentiality and privacy through our interactions with clients, an aspect that has enhanced our relationship with prospective customers seeking for assignment help. We do not disclose your information with third-parties
We boast of a diverse pool of ENL and ESL professionals who respond with a personal touch to the needs of every client. Our focus is to become the best platform that offers specialized services to individuals to accomplish their academic goals.