Break Event assisgnment

Using the example of “From the Front Lines” in Chapter 6 of your text, calculate the break even for the number of procedures.  Use an electronic spreadsheet to show how you computed the break even and embed the spreadsheet in your paper.  Discuss the impact of the various reimbursements (e.g., Medicare, Medicaid, private, or self-pay).  Think about your upcoming capital proposal and how you might use the break-even analysis in your Capital Investment Plan Proposal.  Your paper should be one to two double-spaced pages in length.

Expert Solution Preview

Introduction:
This assignment requires an understanding of break-even analysis and its application in the healthcare industry. We will also discuss the impact of different reimbursements on medical procedures and how the break-even analysis can be used in the Capital Investment Plan Proposal.

Answer:
The concept of break-even analysis is vital in the healthcare industry, particularly in determining the point where the revenue from medical procedures equals the cost of providing those procedures. Using the example of “From the Front Lines” in Chapter 6 of the textbook, we can calculate the break-even point for the number of procedures.

Assuming that the fixed cost is $100,000, the variable cost per procedure is $500, and the reimbursement rate for each procedure is $800, the break-even point can be calculated using the following formula:

Break-even Point = Fixed Cost / (Reimbursement per Procedure – Variable Cost per Procedure)

Substituting the values in the formula, we get:

Break-even Point = $100,000 / ($800 – $500)

Break-even Point = $100,000 / $300

Break-even Point = 333.33 procedures

Therefore, the break-even point for the given scenario is 333.33 procedures.

The impact of various reimbursements, such as Medicare, Medicaid, private, or self-pay, can have a significant impact on a facility’s break-even analysis. For instance, Medicaid reimbursement rates are notoriously low and can significantly lower the break-even point for procedures that are mostly covered by Medicaid. On the other hand, private reimbursements tend to be higher, thus positively impacting the facility’s break-even point.

In a Capital Investment Plan Proposal, the break-even analysis can be used to determine the feasibility of a proposed capital plan. For example, the analysis can help determine how many procedures a new piece of equipment would need to perform to reach the break-even point, thus ensuring that the investment is profitable. If the projected number of procedures required to break even is much higher than the anticipated number of procedures, then the investment might not be feasible.

In conclusion, break-even analysis is a crucial tool in the healthcare industry. It allows facility administrators to determine the feasibility of new investments and analyze the profitability of medical procedures. Understanding the impact of various reimbursements on the break-even point is essential in making informed financial decisions in a healthcare facility.

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Describe and critique a current article that relates to Nursing Assignment Help

Describe and critique a current article that relates to hospital financing and competitive practices in healthcare. (Article should be from a scholarly, peer-reviewed journal published within the last 3-5 years). Submit 1,000-1,500-word paper with a KU title page and reference page in a scholarly format. You are a medical professor

GCU Patient Preferences in Care Discussion Reply Nursing Assignment Help

please respond to the following discussion as a peer making a comment. Hello everyone, Integrating patient preferences and values with clinician expertise is essential when making evidence-based decisions. This approach leads to patient-centered care, improves treatment adherence, and enhances health outcomes. Patients’ unique values, beliefs, priorities, and circumstances can significantly

UM Administrator in Training Rotation Experience Report Nursing Assignment Help

Complete and Submit the Three Sections of the Report for the Assignment: AIT Experience: LTC Settings and Services Report Template (ATTACHED) APA: Include APA 7th Edition Formatted Reference Page. ALL RESPONSES IN PARAGRAPH FORM. Complete Section 1 of the Report Select the Long Term Care (LTC) Settings and Services: ALREADY

NYU Autoimmune Disease of Myelin Abstract Nursing Assignment Help

`The disease is called MS You should read Wikipedia “Immune System”, “Antibody”,  “Antigen”, “T  cell”, “B cell”, “Macrophage”, “Dendritic cell”  for writing your abstract. It would also be good to read the Wikipedia article on MS.  The purpose of writing an abstract is to condense the material you have read

Within the Professions of Psychology Paper Nursing Assignment Help

PSY 540 Final Project Guidelines and Rubric Overview Within the professions of psychology, it can be typical for you to work on proposals for programs, studies, or new initiatives. For example, you may work for a university that regularly partners with foundations and corporations to identify grant opportunities for projects

Professional Ethics Instructions Baccalaureate education Nursing Assignment Help

Professional Ethics Instructions Baccalaureate education includes the development of professional values and value-based behavior (AACN, 2008). Ethics define professional ethics and their importance in the healthcare environment. The American Nurses Association has approved 13 standardized languages that support nursing care.  The benefits of standardized language include: better communication among nurses

Select one of the following populations: Aging Nursing Assignment Help

Select one of the following populations: Aging Population Homelessness Migrant Workers LGBTQIA+ Other Identified Vulnerable Populations from Your Reading Then complete the following steps for your discussion post: Identify which vulnerable population you have chosen to use for this post and describe what this vulnerable population looks like in your

WGU Population Health Data Analysis Paper Nursing Assignment Help

In this course, you learned that Informatics for Transforming Nursing Care integrates nursing science with multiple information and analytical sciences to identify, define, manage, and communicate data, information, knowledge, and wisdom in nursing practice. This provides knowledge and skills to apply informatics concepts, communications, and data critical to facilitating interprofessional

Professional EthicsInstructions Baccalaureate education Nursing Assignment Help

Professional EthicsInstructions Baccalaureate education includes the development of professional values and value-based behavior (AACN, 2008). Ethics define professional ethics and their importance in the healthcare environment. The American Nurses Association has approved 13 standardized languages that support nursing care.  The benefits of standardized language include: better communication among nurses and

HSA 599 SU Public Health Emergencies Discussion Nursing Assignment Help

I’m working on a health & medical discussion question and need the explanation and answer to help me learn. Discuss a life-threatening event or a natural disaster in your community, such as a severe weather event, terrorist attack, or other type of public health emergency. Examine an overall strategy that

Develop a literature map or a visual representation of the Nursing Assignment Help

Develop a literature map or a visual representation of the Public Health Informatics literature.  Also include a powerpoint presentation explaining the literature map with the slides Constructing a literature map helps you: develop an understanding of the key issues and research findings in the literature organize ideas see how different research studies