this response must be 3-4 paragraphs long
You are also required to respond to your classmates. Remember, a quality post is not a simple “I agree” or 1-sentence response. Your responses to your classmates should be at least a paragraph and should be based upon your experiences or the unit readings and/or class materials. If you need more clarification about quality posts, please ask your instructor.
The Ocean View Diabetes Clinic is considering implementation of a tele-health diabetes unit. This will allow clinicians to monitor the care of the patient from the patient’s home through the use of high-tech equipment. The pilot project will consist of two test patients. This will be a very costly project. The Ocean View Diabetes Clinic needs to know how long it will take the revenue generated from investing in this tele-health diabetes unit to equal the dollars spent to implement this pilot project.
The assumptions are as follows:
Given the assumptions above, determine the computation method that will be most beneficial to the manager in evaluating the use of the organization’s money. In other words, is present value analysis the best method in the scenario?
Discuss the following:
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