Fill in order details

  • Submit your instructions
    to writers for free!

Chat with the writer

  • Chat with preferred expert writers
  • Request a preview of your paper
    from them for free

Editing

  • Project edited by the quality evaluation department

Download Your Completed Project

  • Download the completed project from your account or have it sent to your email address

You and several of your colleague business partners have decided to establish an outpatient fertility clinic in your service area. All of you are very familiar with this patient population base

Week 5: Break-even Analysis

Assignment Guidelines with Scoring Rubric

Purpose

The purpose of this assignment is to:

To provide learners with the opportunity to develop break-even-analysis skills.

Due Date:

Total Points Possible:  100

Requirements:

Answer the questions and complete the calculations required for the assignment.

Submit your answers on a Word document, with the heading of Week 5 Assignment.  For the questions requiring a written response, please adhere to proper grammar and syntax, and provide references.  For the questions requiring calculations, show all your work and follow the format that has been provided for the calculations in the lesson for Week 5.

  1. When performing calculations, standard rounding rules apply. If the number to the right of the decimal is less than 5, round down to the nearest whole number, e.g., 33.4 = 33 If the number to the right of the decimal is 5 or greater, round up to the nearest whole number, e.g. 33.5 =34.
  2. Read the question carefully. Pay close attention to the units be asked and keep them consistent. For example, hours vs FTEs; days vs months vs years.
  3. Provide ALL formulas with references. Designate which formula associates with which source. It is not sufficient to simply list the source at the beginning of the section. Write out the formula used BEFORE filling in the numbers. Formulas used should be taken from one of the required resources for this course.

Example: Total Contribution Margin (CM) = (CM) category 1 + CM cat 2 + CM 3

Leger, J.M. & Dunham-Taylor, J. (2018). Financial management for nurse managers: Merging the heart with the dollar, 4th Ed. Burlington, MA: Jones-Bartlett.

Preparing the paper

Break-Even Analysis Case Study

You and several of your colleague business partners have decided to establish an outpatient fertility clinic in your service area. All of you are very familiar with this patient population base, have completed an extensive market analysis that demonstrated a great need for the service, and are comfortable with setting up a business and the costs associated with this special group of patients.

As part of the business plan, you and your partners will need to convince stakeholders that this new service endeavor will be viable. They will want to know how many patients visits annually will need to occur and how long it will take for the service to be at least cost neutral or profitable. To provide them with this information you will perform a break-even analysis. Use the following data, conduct the analysis accounting for the contribution margin of each patient acuity category.

  • Fixed Costs: $9,788,000 (start-costs, specialty physicians, anesthesiologists, APNs, staff

nurses and other staff salaries, specialty equipment, other miscellaneous)

  • Variable costs: $500/patient visit (specialty equipment, oxygen supplies, other

miscellaneous)

  • Clinic days: Monday-Saturday- 305 days/year
  • Projected patient visits per year: 7480
  • Patient charges by patient acuity category:
    • Simple (20%)————$2000/visit
    • Moderate (70%)——–$6500/visit
    • Complex (10%)———$10,000/visit
Break-even Analysis Data Table
Acuity Category Percentage % Charge per Visit Visits per Year Charges per Year Visits per Day Charges per Day Contribution Margin
Simple 20% $2000
Moderate 70% $6500
Complex 10% $10,000
                                                       Expected Total Daily Charges
                                                      Expected Total Daily Revenue
                                                            Break Even point in days
                                                            Break Even point in visits

 

  1. Describe your approach to this case study. In addition to the numbers given, what do you need to know before you can calculate the break-even analysis?
  2. Perform the calculations needed for the break-even analysis. Show your work, formulas used, and reference the formula. When calculating the patient visits per day, round to the nearest whole. After you’ve completed the calculations, record your results in the appropriate place in the table.
  3. How many patient visits are expected per day?
  4. What is the contribution margin of each category of patient?
  5. Based on the data and your calculations, what is the expected daily revenue?
  6. How long (in days, months, or years) will it be before the return on investment begins?
  7. How many patient visits will be required to reach the break-even point?
  8. Discuss your analysis. Is the project viable and profitable service? Does the analysis support moving forward with the business? Cite specific data from you analysis to support your interpretation.
Points % Description
Approach to Break-Even Analysis 5 5% Approach to Break-even analysis is clearly articulated and contains elements needed to address the scenario
Calculate the number of patients/category served per year and day. 15 15% Number of patients served by the fertility clinic is correctly calculated per year and day for each type/category. Formulas are correctly shown, used, and referenced. Calculations are shown
Calculate the contribution margin for each patient category 30 30% For each of the three patient/categories the contribution margin is correctly calculated. Formulas are correctly shown, used, and referenced. Calculations are shown.
Calculate the number of days to break-even. 10 10% Time to break-even in days is correctly calculated. Formulas are correctly shown, used, and referenced. Calculations are shown
Calculate the break-even quantity (number of visits). 15 15% The break-even quantity (number of visits) is correctly calculated. Formulas are correctly shown, used, and referenced. Calculations are shown.
Analysis of break-even analysis 20 20% Break-even analysis is clearly articulated. Includes elements potential for viability and profitability of service, recommendation for continuing the business. Specific data from the analysis is used to support your interpretation.
Writing conventions, format, and

reference citations

5 5% Writing is clear concise without grammatical and spelling errors. All references are correctly cited (if applicable) and written.
 100 100 A quality assignment will meet or exceed all of the above requirements.

 Grading Rubric

Assignment Criteria  

Outstanding or highest level of performance

 

Very good or high level of performance

 

Competent or satisfactory level of performance

Poor or failing level of performance  

Unsatisfactory level of performance

Content

Possible Points = 100 Points

 

 

 

 

     

 

Approach to Break-Even Analysis 5 Points   0 Points
Calculate the number of patients per category served at the fertility clinic per year and per day. 15 Points 10 5   0 Points
Number of patients served per year and per day is correctly calculated for each patient category served at the fertility clinic. 2/3 categories correctly calculated 1/3 of categories correctly calculated All categories incorrectly calculated
Calculate the contribution margin for each type of patient served at the fertility clinic. 30 Points 20 10   0 Points
Contribution margin for all category types are correctly calculated Contribution margin for 2/3 category types are correctly calculated Contribution margin for 1/3 category types are correctly calculated Contribution margins for all category types are incorrectly  calculated
Calculate the break-even quantity (number of visits) 10 Points   0 Points
Number of visits to break even is correct Number of visits to break even is incorrect
Calculate the number of days to break-even point. 15 Points   0 Points
Number of days to break-even is correct. Number of days to break even is incorrect.
Analysis of break-even analysis 20 Points 15 Points 10 Points 5 Points 0 Points
Break-even analysis is clearly articulated. Includes elements potential for viability and profitability of service, recommendation for continuing the business. Specific data from the analysis is used to support your interpretation. 3/4 of all elements of break-even analysis are present and correct. 1/2 of all elements of break-even analysis are present and correct. 1/4 of all elements of break-even analysis is present and correct. All elements of break-even analysis are missing or incorrect.
Writing conventions, format, references 5 Points 3 points 1 point 0 points
Writing is clear and concise, contains no grammatical and spelling errors. All references are correctly cited (if applicable) and written. 2/3 of elements are present and correct 1/3 of elements is present and correct All elements of writing conventions  are missing or incorrect.
Content Subtotal       of 100 points
Total Points     _____of  points

 

Place your order now for the similar assignment and get fast, cheap and best quality work written by our expert level  assignment writers.You and several of your colleague business partners have decided to establish an outpatient fertility clinic in your service area. All of you are very familiar with this patient population base

Use Coupon Code: NEW30 to Get 30% OFF Your First Order

Answered Questions:

ANSWERED! 67-year-old female presents with chief complaint

SOLVED! Healthcare continues to be a lucrative target for

SOLVED! Post a brief explanation of the differences between

SOLVED!! Explain how interprofessional collaboration will

SOLVED! Mr. EBR is a 74-year-old retired Hispanic gentleman

ANSWERED!! Identify your role as a health care professional in supporting Abby’s or Shanti’s dying rituals

ANSWERED!! Explain how personal and business ethics can be subconsciously overridden in decision-making. Does your selected business exemplify this?

ANSWERED!! What parts of the lawmaking process does a nurse have an opportunity to influence the final bill passage?

[ANSWERED] Pakistani Woman with Delusional Thought Processes

[ANSWERED] Create your own script for building a health history and use the Health History Template for guidance (consider the type of language you would use to help your patient be more comfortable).

[ANSWERED] Assessing the Genitalia and Rectum

[ANSWERED] Explain how you would advocate for the

What our customers say
_____

  • Essay was good; although need to do few amendments and add few things, overall it was good and justify money paid.

     

    FinanceProfessional assignment help services
  • it was good
    it has introduction, body paragraphs, and conclusion as well
    it was really helpful

    PsychologyProfessional assignment help services
  • Great service. Always provide quick response and best online support and have very very less plagiarism.

    EconomicsProfessional assignment help services
  • Thanks for giving my assignment on time. I really appreciated the work done. This keeps me submitting new assignments.

    HealthcareProfessional assignment help services
  • Thank you my writer. Good job and I really enjoy you fast response. I definitely will recommend to my friends.

     

    NursingProfessional assignment help services
  • Thanks for giving my assignment on time. I really appreciated the work done. This keeps me submitting new assignments.

    NursingProfessional assignment help services
  • Great service. Always povide quick response and best online support and have very very less plagiarism.

     

    Business LawProfessional assignment help services
  • Good writer that fulfil all the requirements that i have been told to the writer. The writer even called to discuss everything with me to continue my assighnment

     

    FinanceProfessional assignment help services
  • Great work on time delivered for work, good understanding well prepared. References was well written in APA format

    NursingProfessional assignment help services
  • The writer had clear communication and ensured to give me a brief overview of how my assignment was going to be structured including an average of the words used in each section in order to avoid going over the limit. Didn't need to escalate even once because the quality of the work was in line with the Standard quality that I chose.

    AccountingProfessional assignment help services
  • It was okay. Not bad, could do better! But marks were good, feedback was also good, so overall 4/5

     

    ProgrammingProfessional assignment help services
  • The solution was excellent and all the requirements was taken into consideration.

    ChemistryProfessional assignment help services
  • On time and the assisgment is veryy well done. thank you very much. i'm happy and this is not the last time of me getting help

     

    ManagementProfessional assignment help services
  • This is solid work thankyou for all the help with this PowerPoint; I m curious what grade ill get in it

     

    NursingProfessional assignment help services
  • Great Work Completed in under a Hour thank you so much. I got a 100 percent on my assignment.

    NursingProfessional assignment help services
  • I got 87%. Thanks for that. I am quite satisfied as You reviewed and changed when I ask for some changes.

     

    ChemistryProfessional assignment help services
  • I got a Distinction in this course. Highly satisfied with the expert work and effort.

     

    Business LawProfessional assignment help services
  • I am very happy with this assignment. Thank you very much to the expert who has done this for me.

     

    Business LawProfessional assignment help services
  • So far this is the highest marks I got for an assignment done by you guys. I got 42/50 for this assignment. The exact feedback from my lecturer was:
    Introduction: Good introduction to assisted dying, especially in relation to laws within Australia. Introduction was a little too long.
    Aim or Purpose: Good purpose but improved grammar needed. Good use of PICO.
    Method: The method, while explained is very out of order. Try to write a methods section that can be followed in a step by step fashion

    NursingProfessional assignment help services
  • You did a good job just some details were missed enough attention. To be honest, you did much better job than the other websites. I would like to have more experience with you then I can give you more detailed feedback.

     

    ManagementProfessional assignment help services

You cannot copy content of this page