13 May HCA125 Sect1 Healthcare Finance Module 3 Assignment
Assignment: Clinic Start-up Scenario
Create a spreadsheet and write a 500-650 word essay addressing each of the following points/questions. Be sure to completely answer all the questions for each bullet point. Separate each section in your paper with a clear heading that allows your professor to know which bullet you are addressing in that section of your paper. Support your ideas with at least three (3) sources in your essay. Make sure to reference the citations using the APA writing style for the essay. The cover page and reference page do not count towards the minimum word amount. Review the rubric criteria for this assignment.
You have been tasked with starting up a local clinic and developing a business plan for its operation. You are unsure if or how long it will take for your operation to break even. Refer to cost categories in Exhibit 5.3 on page 166, develop your own cost estimates (and categories as needed), and complete the following in an Excel (or Open Office) spreadsheet:
Identify projected fixed costs for each category
Identify projected variable costs for each category
Identify total costs
Using estimated cost per visit and revenue per visit, project your breakeven point.
Briefly describe the merits of the project. Do the numbers make sense?
In a separate two-page Word document:
summarize your findings
provide your assumptions regarding the type of care provided
explain your overall rationale
M3 Assignment UMBO – 1, 2
M3 Assignment PLG – 2, 3,
M3 Assignment CLO –1, 2, 3
Instructions & Specifications
Submissions
Rubric
Start by reading and following these instructions:
Study the required chapter(s) of the textbook and any additional recommended resources. Some answers may require you to do additional research on the Internet or in other reference sources. Choose your sources carefully.
Consider the discussion and the any insights you gained from it.
Review the assignment rubric and the specifications below to ensure that your response aligns with all assignment expectations.
Create your assignment submission and be sure to cite your sources, use APA style as required, and check your spelling.
The following specifications are required for this assignment:
Length: Completed spreadsheet and a 500-650 word essay; answers must thoroughly address the questions in a clear, concise manner.
Structure: Include a title page and reference page in APA style. These do not count toward the minimum word count for this assignment.
References: Use the appropriate APA style in-text citations and references for all resources utilized to answer the questions. Include at least three (3) scholarly sources to support your claims.
Format: Save your assignment as a Microsoft Excel document (.xls or .xlsx).
Filename: Name your saved file according to your FirstInitialLast Name_CourseID_ModuleNumber (for example, “RHall_EDD820_M1.xlsx”).
After completing the assignment above, select the link below to access the next module overview.
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