Create a quick financial analysis

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Currently you manage a busy nurse-led clinic with 4 full time family nurse practitioners. You would like to create a new model of care where your providers can conduct some of the office visits in the patients' home. Create a quick financial analysis for the following situation: Analyze whether or not it's financially feasible to provide home office visits within your existing practice. Below are your assumptions:

-Staffing needs: 1 APRN at $98,000/salary and 36% fringe.
-Equipment needs: 1 laptop ($1700), software ($8,000), peripherals ($12,000)
-Transportation and supply costs: $20/visit
-You can expect an average insurance reimbursement of $65/visit.
-How many visits/year do you need to make to break-even? Is that number reasonable?

Reference no: EM132955806

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