Required Assessment – Return on Investment and Break Even Analysis Paper |
Description (Course Guide) Students will choose either an acute or ambulatory healthcare setting, specify a department/line-of-service and create a proposal for a major piece of equipment, a new product line, or a staffing model change in a healthcare setting. In a 3-5 page paper, students will describe the chosen setting, the reason(s) for the new or replacement piece of equipment/new product line/staffing model change, and outline aspects to regain/maintain/produce future revenue. Students should focus on the costs associated with the change, and explain how a healthcare financial manager would determine the return on investment and break even point. Paper must include proper APA formatting and a minimum of 5 professional references. |
Grading Components * % of Grade * Exceeds Standard Description of setting 10 Setting described in great detail, specifying the department/line-of-service and its functions. Description of need and purpose 30 Purpose, intent and need for the purchase of equipment/product line/staffing model change is thoroughly defined. Style and Mechanics 10 Almost entirely free of spelling, punctuation, and/or grammatical errors. Sentences are varied, clearly structured, carefully focused, and fit assignment’s purpose and audience. Chooses accurate, effective and appropriately specific words for their precise meaning. Information Literacy 10 • Incorporates multiple information resources that directly relate to concepts • Demonstrates ethical use of information through appropriate citations Cost, Return on Investment, and Break Even Point 40 Student thoroughly describes the costs associated with the change, the anticipated return on investment, and the break even point. Total 100 |