Assignment: Clinic Start-up Scenario
Create a spreadsheet and write a 500-650 word essay addressing each of the following points/questions. Be sure to completely answer all the questions for each bullet point. Separate each section in your paper with a clear heading that allows your professor to know which bullet you are addressing in that section of your paper. Support your ideas with at least three (3) sources in your essay. Make sure to reference the citations using the APA writing style for the essay. The cover page and reference page do not count towards the minimum word amount. Review the rubric criteria for this assignment.
You have been tasked with starting up a local clinic and developing a business plan for its operation. You are unsure if or how long it will take for your operation to break even. Refer to cost categories in Exhibit 5.3 on page 166, develop your own cost estimates (and categories as needed), and complete the following in an Excel (or Open Office) spreadsheet:
- Identify projected fixed costs for each category
- Identify projected variable costs for each category
- Identify total costs
- Using estimated cost per visit and revenue per visit, project your breakeven point.
- Briefly describe the merits of the project. Do the numbers make sense?
In a separate two-page Word document:
- summarize your findings
- provide your assumptions regarding the type of care provided