Analyze background and financial data for the ruc facility

Assignment Help Business Management

Reference no: EM131379139

Scenario:

A city-based community hospital is looking at adding an urgent care facility in a rural area. Urgent care is the delivery of ambulatory care in a facility dedicated to the delivery of unscheduled, walk-in care outside of a hospital emergency department. Development of the Rural Urgent Care (RUC) facility will facilitate access to care providers through extended service hours within closer geographic proximity to patients, families, and caregivers. RUC will act to alleviate demand for emergency department services by shifting lower acute patients to a less resource-intensive environment.

This project is in response to the shift from volume- to value-based health care. Payers and purchasers are interested in improving economic efficiency by shifting utilization from emergency department to lower cost settings, such as RUC. Several competing hospitals have hired emergency department physicians, as part of their integration strategy to participate in accountable care organizations (ACO) contracts. The hospital needs to respond to the competitive situation by making a sound investment in the RUC facility that addresses both financial and economic situations. The facility will be staffed with physicians and will include a radiology suite, laboratory suite, and other health-related ventures to help the hospital grow. You must help the board develop a business plan for this urgent care unit.

To prepare for this Project:

Examine the provided scenario.
Refer to the document "Executive Summary, Overview, and Financial Data for Investment in the Rural Urgent Care Center" provided. Analyze the background and financial data for the RUC facility.

Using the "Project Business Plan Template", create a business plan (8-10 pages) that includes the following:

Executive summary

Market analysis, including:

Macro- and microeconomic implications of market competition
ACO payment incentives to the organization
How the RUC impacts economic efficiency

Financial analysis, including:

Capital requirements
Reimbursement model
Cost per patient visit

Pro forma, including:

Patient revenue
Operating expense
Income from operations
Total expense
Net cash flow

You must support your business plan with financial documents in an Excel spreadsheet as well.

Attachment:- Assignment.rar

Reference no: EM131379139

Questions Cloud

Excess capacity is problem in monopolistic competition : Excess capacity is a problem in monopolistic competition because if there were fewer firms in the industry: The model of monopolistic competition characterizes a city's market for plumbing services. Suppose that the market is initially in long-run eq..

Was the borough of keansburg liable to mcandrew : Mularchuk proceeded to make arrests and, in the course of events, shot and seriously injured McAndrew . Was the borough of Keansburg liable to McAndrew under the doctrine of respondeat superior? Explain.

Is young correct on either of these points : She also argued that even though the power to hire employees was not in the union constitution, the power to do so was implied by the powers of the president to preside over the union's administrative matters. Is Young correct on either of these p..

Analyze the association between fat content and calories : Analyze the association between fat content and calories using correlation and scatterplots.

Analyze background and financial data for the ruc facility : Refer to the document "Executive Summary, Overview, and Financial Data for Investment in the Rural Urgent Care Center" provided. Analyze the background and financial data for the RUC facility

How much total spending is engendered by an infusion : In addition to solving the problem correctly, you need to include a brief explanation of how to solve problems of the general type given here. How much total spending is engendered by an infusion of $800 million into a closed economy with a marginal ..

Describe the direction form and strength of the plot : Write a few sentences telling what the plot says about fuel economy

Monopolistic competition is different from monopoly : Consider a two-firm oligopoly facing a market inverse demand curve of P = 100 – 2(q1 + q2), where q1 is the output of Firm 1 and q2is the output of Firm 2. Firm 1's marginal cost is constant at $12, while Firm 2's marginal cost is constant at $20. In..

Write a brief description of the association : What is the correlation between the percent of teens who have used marijuana and the percent who have used other drugs?

Reviews

len1379139

2/1/2017 3:33:05 AM

I need an excel sheet and an 8 page Business Plan to be conducted. I have attached the Instructions for the assignment, the data for the assignment, the excel sheet that needs to be filled out, and the template for the 8 page business plan. Refer to the document "Executive Summary, Overview, and Financial Data for Investment in the Rural Urgent Care Center" provided. Analyze the background and financial data for the RUC facility.

Write a Review

Required(*) Message

User Account

All Pages