Would recommend opening this new diagnostic center

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It is estimated that the gross charges will increase by 4% per year. It is a growing community and St Francis management expects that the volume will grow by 2% per annum. Based on their current insurance contracts, the Net Revenue is expected to increase by 3% per year. Also, expenses are expected to increase by 4% per year.

Using the information given above, you are asked to develop a business plan for this Outpatient Diagnostic center. The business plan should include the following data/information

Problem 1: Would you recommend opening this new Diagnostic Center?

Problem 2: What other factors including internal and external would you consider when doing this business plan?

Reference no: EM132957494

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