Business Plan

F<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">inal Project: Bus<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">iness Plan Bus<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">iness plann<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing is a mapp<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing of your vision for the future of an organization. As a health care adm<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">inistrator, it is important that you are able to create an effective bus<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">iness plan. For this Assignment, you exam<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ine the follow<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing scenario and develop a bus<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">iness plan for the organization. Scenario: A city-based community hospital is look<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing at add<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing an urgent care facility <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in a rural area. Urgent care is the delivery of ambulatory care <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in a facility dedicated to the delivery of unscheduled, walk-<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in care outside of a hospital emergency department. Development of the Rural Urgent Care (RUC) facility will facilitate access to care providers through extended service hours with<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in closer geographic proximity to patients, families, and caregivers. RUC will act to alleviate demand for emergency department services by shift<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing lower acute patients to a less resource-<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">intensive environment. This project is <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in response to the shift from volume- to value-based health care. Payers and purchasers are <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">interested <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in improv<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing economic efficiency by shift<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing utilization from emergency department to lower cost sett<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ings, such as RUC. Several compet<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing hospitals have hired emergency department physicians, as part of their <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">integration strategy to participate <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in accountable care organizations (ACO) contracts. The hospital needs to respond to the competitive situation by mak<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing a sound <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">investment <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in the RUC facility that addresses both f<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">inancial and economic situations. The facility will be staffed with physicians and will <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">include a radiology suite, laboratory suite, and other health-related ventures to help the hospital grow. You must help the board develop a bus<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">iness plan for this urgent care unit. To prepare for this F<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">inal Project: Exam<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ine the provided scenario. Refer to the document “Executive Summary, Overview, and F<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">inancial Data for Investment <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in the Rural Urgent Care Center” provided here and <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in this week’s Learn<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing Resources. Analyze the background and f<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">inancial data for the RUC facility. Note: This Assignment will be graded us<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing this rubric: Week 11 Project Rubric (Word document). The “Week 11 Bus<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">iness Plan Excel Template” will guide the f<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">inancial analysis portion of this assignment. The F<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">inal Project Assignment: Us<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing the "Week 11 Project Bus<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">iness Plan Template", create a bus<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">iness plan (8–10 pages) that <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">includes the follow<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing: Executive summary Market analysis, <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">includ<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing: Macro- and microeconomic implications of market competition ACO payment <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">incentives to the organization How the RUC impacts economic efficiency F<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">inancial analysis, <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">includ<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing: Capital requirements Reimbursement model Cost per patient visit Pro forma, <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">includ<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing: Patient revenue Operat<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing expense Income from operations Total expense Net cash flow Note: You must support your bus<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">iness plan with f<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">inancial documents <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in an Excel spreadsheet. The 8- to 10-page paper requirement, submitted as a Word document, does not <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">include the title, Excel spreadsheet, or reference pages. Your Assignment must be written <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in standard edited English. Be sure to support your work with specific citations from this module’s Learn<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing Resources and additional scholarly sources as appropriate. Refer to the Essential Guide to APA Style for Walden Students to ensure that your <a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in-text citations and reference list are correct. See the rubric for additional requirements related to research and scholarly writ<a href="<a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">in" rel="nofollow"><a href="<a href="in" rel="nofollow">in" rel="nofollow"><a href="in" rel="nofollow">ing.