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Health Economics And Financial Analyses Assignment

Health Economics And Financial Analyses Assignment

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You supported my first assignment. This is the second part of my assignment. First part is Excel Spreadsheet. It has to have the formulas, or my professor will give me a zero and resend it back to be completed. There are red notations on the area to assist with completing per my professor.

The second part is a 1-2 page paper with 4 references. In order to complete this assignment. The excel file: 2 FE002 Healthcare Budget Excel Template needs to be completed per the workbook (Estimated Expenses). My thought for the expenses would like EMR build for service line, billing, new surgical equipment-integration, all outpatient visits, cost of surgeon(s), cost of training/onboarding staff,
To complete this Assessment: Health Economics And Financial Analyses Assignment

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Reflect on a healthcare product or service solution you will propose for your healthcare organization. Consider expenses (including any capital expenditures) that will be required to implement your product or service.
Reflect on the estimated revenues (if any) that your proposed solution will generate.
Reflect on the need for financing to meet the estimated expenses associated with your proposal.
For each of the above, consult with your internal financial counselor, as needed.
Click each of the items below to complete this assessment.

Part 1: Expense/Revenue/ROI Analysis:
Open your Healthcare Budget Request workbook you created in FE001 and navigate to the “Estimated Expenses” worksheet. Using the Healthcare Budget Request Workbook Step-by-Step Guide for guidance, create a worksheet that records the following:

Each of the estimated expenses associated with your proposed healthcare product or service, including startup expenses. Be sure to label each appropriately, with enough description to make it clear what the item is and what the estimated cost involves.
Each of the estimated revenues associated with your proposed healthcare product or service. Be sure to label each appropriately, with enough description to make it clear what the item is and any necessary details regarding sources of revenues (including reimbursements)Health Economics And Financial Analyses Assignment.
Calculate the total estimated expenses and revenues for the next 5-year period.
Calculate the Return on Investment (ROI) for your proposed healthcare product or service.
Part 2: Summary of Analysis and Interpretation of Results:
Create a brief (1- to 2-page) description of your analysis that clearly describes the estimated financial and economic impacts of your proposed healthcare product or service. Interpret the results by explaining what your ROI calculation means to the organization. Health Economics And Financial Analyses Assignment

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