Scenario: Acme Hospital is an 800-bed tax assisted teaching hospital with a level one trauma unit. Additionally, it has a very small OBGYN delivery unit which is constantly overcrowed. Acme has an opportunity to purchase a nearby 65 bed general hospital which has no OBGYN unit or ER. You will develop a plan to purchase the general hospital fold its management into Acme and simultaneously open a level two trauma unit 7500 square feet and 50-bed delivery suite 5000 square feet utilizing all private rooms. Your plan must discuss all approval needs for the ER and delivery unit expansion. Assume no CON is requires. Plan on Acme medical staff including residents taking on attending roles at the new hospital, which will be designated Acme East Hospital Medical Center
Reading:
https://www.aaemrsa.org/education/residents/the-business-of-em/
https://www.fixr.com/costs/build-hospital
https://www.healthcatalyst.com/success_stories/labor-and-delivery-improvements-thibodaux
https://jeffersonhealthcare.org/wp-content/uploads/2020/10/2020-10-21-Budget-preview.pdf
Do:
Creat a business plan( 8 pages) and Excel sheet accompany to address the following:
- Executive Summary
- Program Overview
- Location
- Services
- Other professional offerings
- Staffing needs
- Operating model
- Market Profile
- Market overview
- Demand forecasting
- Financial Analysis
- Capital requirements
- Reimbursement model
- Cost per patient visit
- Pro Forma (Note: Refer to the Pro Forma section of the Learning Resources for more information.)
- Patient revenue
- Operating expenses
- Income from operations
- Total expenses
- Net cash flow
