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Your hospital opened a new urgent care clinic in a rural area. It charges on the average a $100 per visit. The hospital has a fixed cost of $50,000 and a variable cost of $20 per patient visit. The clinic is supposed to have an average of 100 patients per month. Calculate your break- even analysis for the clinic? What is your financial recommendation? and respond to other team posting.

Date Posted: 17/02/2017
Category: Health Care
Due Date: 24/02/2017
Instruction
Your hospital opened a new urgent care clinic in a rural area. It charges on the average a $100 per visit. The hospital has a fixed cost of $50,000 and a variable cost of $20 per patient visit. The clinic is supposed to have an average of 100 patients per month. Calculate your break- even analysis for the clinic? What is your financial recommendation? and respond to other team posting.
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  • Each student will use financial data and literature to write a paper describing the financial management of a proposed project within a health care delivery system, projecting supply, capital, and manpower. Students will perform a cost-benefit analysis and evaluate the advantages and disadvantages of their proposal. The paper will be evaluated based on clarity of proposed project, accurate use of course content, cost-benefit analysis, implementation, conclusions related to financial factors, as well as clarity of writing, grammar, spelling, and use of correct APA style.
    User_10752 | Feb 19, 2017, 19:57 PM
  • The student's analysis is quite impressive. She has opted for a yearly analysis which is not wrong, my only worry here is; these analyses may usually not account for all factors, for example variations in turnouts. As a results, when the analysis (a projected event) is done over a long period of time, monitoring the results may be difficult. It's easier to assess an analysis over a month than to do the same over a whole year (most expenses are incurred monthly, they might also change before a year ends). Ideally, both monthly and yearly analyses work just right therefore making her recommendations valid as well.
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