Reference no: EM133473780

Assignment:

As a senior administrator in the health sector, you have been asked to setup the financial system for the newly established mental illness and substance abuse health clinic in York County. Take into consideration factors that determine the financial feasibility of a health care program include the cost of the facility, equipment, staff salaries, patient out-of-pocket expenses, and insurance reimbursement. Referring to the concepts practiced so far, work on the following:

1. Determine how many physicians and supporting staff are needed to operate the clinic, applying the appropriate ratio of clinical and support staff per physician.
2. Determine the direct costs of the program. Direct costs in this case are patient expenses, and they increase as the number of patients increase. These include:
3. Physician and procedural support staff costs per patient/procedure
4. Gloves, sutures, gowns, equipment, lab supplies, other supplies
5. Determine the indirect costs of the program. Indirect costs are overhead costs that include but are not limited to:
6. General support staff and related costs
7. Electronic medical records
8. Insurance and taxes
9. Facility and administration
10. Employee benefits such as health and life insurance, retirement plans, and fringe benefits
11. Determine the equipment costs of the program. This includes items for the physician clinic that will be used for more than one year. This is in contrast to variable costs which occur per patient and include such items as gloves, syringes, needles, and gauze, and would include items such as:
12. Examination tables
13. Workstations
14. Desks and chairs in the waiting room
15. Other equipment of this nature
16. Determine reimbursement for clinic services based on HCPCS/CPT codes with geographical adjustment.
17. Determine net reimbursement after variable costs per patient.
18. Determine how many patients the clinic will need to see (a) on average per day and (b) annually to break even on expenses.