Scenario: Utilize financial
analysis to inform management decisions.
You are considering the purchase of a
new MRI machine for Bayside Memorial Hospital. Think about what types of
patients you will see, what types of care you will provide, and the team
members you have assembled. Remember, the financial analysis provides much of
the guidelines for all decision making in the purchase decision. Your goal will
be to provide a 300-words elevator pitch of your recommendation to the
organization’s CEO and to persuade them toward your point of view.
Using the chart of cash revenues and
costs, read and understand the cash flow analysis results. Then provide your
decision on whether to make the purchase or not.
Cash Revenues and Costs Chart (Refer to
document attached):
Profitability Measures:
Net present value: $82,493
Internal rate of return = 11.1%
Rubric:
1.
Cash Flow
Analysis
a.
Provide three
examples and provide a logical financial analysis showing an understanding of
the cash flow results.
2.
Recommendation
a.
Provide a clear
recommendation on whether to accept or reject the project.
b.
Include three
reasons for the recommendation.
Requirements:
300 words; APA Format (7th edition)
Times New Roman; Font size 12; Double space
Title page; Reference page
Reference all sources; Quoting
should be less than 10%
Please use sources below, as applicable:
Kolder, A. (2012, February 6). Healthcare
management engineering. Analytics. https://pubsonline.informs.org/do/10.1287/LYTX.2012.01.04/full/