Discuss the key elements in breakeven analysis Course outcome addressed in this Assignment: HS440-4: Utilize financial analysis to inform management decisions. GEL-2.3: Solve real-world problems using mathematical skill

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Unit outcomes addressed in this Assignment:  Describe the role of financial analysis in health care financial decisions  Discuss the key elements in breakeven analysis Course outcome addressed in this Assignment: HS440-4: Utilize financial analysis to inform management decisions. GEL-2.3: Solve real-world problems using mathematical skills. Instructions In unit 9 you will be submitting a recommendation on whether or not a new MRI machine is feasible. You will include both a detailed report that highlights some of the keys benefits and a cash flow analysis for the MRI machine. Part I of this assignment is for you to create the cash flow analysis. You will use the chart and information below to create your analysis. Please refer to chapter 10 of your text to see how a cash flow analysis is structured. Payer

  1. of scans per week Charge per scan Total Charges Basis of Payment Net Payment per Scan Total Payments Medicare 10 $1000 $10,000 Fixed fee $740 $7,400 Medicaid 5 $1000 $5,000 Fixed fee $700 $3,50 Private Insurance 5 $1000 $5,000 Full charge $1000 $5,000 Blue Cross 2 $1000 $2,000 Percentage of Charge $840 $1,680 Managed Care 4 $1000 $4,000 Percentage of Charge $750 $2,000 Self-Pay 1 1,000 $1,000 Full Charge $110 $110 Total 27 $27,000 $19,690 Average $1,000 $750 Consider the following information:  The estimated average is $1000 per scan. 25% of this average is expected to be lost on discounts to payers, charity care, and losses.  Each scan will cost the physician’s network $40 to in supplies Kaplan University School of Health Sciences HS200 Assignment Directions HS440 Assignment Directions Kaplan University School of Health Sciences  The MRI service is expected to operate 50 weeks per year. 1.5 full-time employees will be required with an annual labor cost of $70,000, including benefits.  There are no increased overhead costs associated with the opening as the physician’s network has an existing building that is currently vacant. Annually, the MRI machine requires $125,000 in maintenance costs.  The long-term plan is to utilize this MRI system for five years. At this end of this period, the physician’s network will sell the MRI for salvage for $750,000 (deducting any removal costs). Submitting Your Work For directions on how to submit your work and review your graded assignments, refer to the Dropbox Guide found on the Academic Tools tab. Make sure that you save a copy of your submitted work. Unit 6 Assignment Grading Rubric = 100 points Assignment Requirements Points possible Points earned by student Includes correct cash flow analysis 80 Includes properly formatted cash flow analysis 10 Proper Grammar, Spelling & APA formatting 10 Total (Sum of all points) Points deducted for spelling, grammar, and/or APA errors. (See Writing Deductions Rubric in Doc Sharing) Adjusted total points

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