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 write a 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. You will frame this recommendation in a speech to your boss, the CEO of the organization.
Cash Revenues and Costs:
- Net operating income
Net cash flow
Net present value: $82,493
Internal rate of return = 11.1%
Criterion 1: Cash Flow Analysis
Provides a financial analysis of the chart of cash revenues and costs and shows and understands the cash flow results.
? Includes two or more examples and provides a logical financial analysis showing an understanding of the cash flow results.
? Provides a logical recommendation based on the facts presented
.Criterion 2: Recommendation
- Provides a clear recommendation on whether to accept or reject the project, including two or more reasons for the recommendation
Criterion 3: Quality of delivery
Pitch is clear, well-articulated, well-paced, and appropriately projected, includes two or more examples.
? Displays values of respect, compassion, justice, and community pride in the care of the patient.
HS440_1804A_-4.1: Utilize financial analysis to inform management decisions.
Student work demonstrates the ability to utilize financial analysis to inform management decisions, including analysis and interpretation (identifying critical values, identifying patterns, etc.) of existing data presented through common financial reports. Student is able to utilize that analysis to support and recommend decisions for a healthcare organization.