Healthcare Finance U2DB |

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:

  • Cost of the equipment: $500,000
  • Longevity of the equipment: 20 years
  • Revenue the new unit will generate: $225,000
  • Operating costs related to earned revenue: $150,000
  • Annual depreciation: $25,000

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:

  • Explain why your selection is the best method as opposed to the other methods, used to evaluate the use of money. You must have an understanding of the various methods used to evaluate the use of money (unadjusted rate of return, present value analysis, internal rate of return, and payback period).
  • Describe your understanding of the four basic financial statements (balance sheet, statement of revenue and expense, statement of changes in fund balance/net worth, and statement of cash flows) by doing the following:
    • Explain the importance of reporting within a health care organization.
    • Identify one of the four major reports used when reporting the organization’s finances.
    • Describe why you think the financial statement you chose outlines information that is deemed most valuable to the company.

Show more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10