HLTH 8401 Week 8 Assignment 2: Break-Even Point Formulas
This Assignment aligns to the NCHL domain of Health System Awareness & Business Literacy. Specifically, it focuses on the second level of the Financial Skills Competency: “Manages and Assists the Budgeting Process.” For more information on how this icon aligns to the NCHL Health Leadership Competency Model 3.0, refer to the MHA Iconography page.
Note: Your Instructor will post the document for this Assignment by Monday of Week 8 in the Announcements.
Before making hiring or purchasing decisions, healthcare organizations must consider whether the decision is financially profitable. By calculating break-even points, organizations are able to examine actual costs and make more sound financial decisions. For this Assignment, you use data from an imaging center and calculate break-even points.
Resources
Be sure to review the Learning Resources before completing this activity.
To prepare for this Assignment:
- To assist you with your work related to this Assignment and help you navigate this important skill, a Break-even Excel Tutorial has been added to this week’s Learning Resources. Please check your volume settings upon opening.
- Review the Week 8 Assignment 2 document provided to you by the Instructor. Examine the imaging center scenario. Reflect on how you will use the provided financial data to calculate break-even points.
- Refer to Chapter 11 of Gapinski’s Understanding Healthcare Financial Management.
By Sunday
Submit the following:
- Given the imaging center scenario and financial data, complete the “Week 8 Assignment 2 Break Even Excel Template.”
Refer to the Week 8 Assignment 2 Rubric for specific grading elements and criteria. Your Instructor will use this grading rubric to assess your work.
submission information
Before submitting your final assignment, you can check your draft for authenticity. To check your draft, access the Turnitin Drafts from the Start Here area.
- To submit your completed assignment, save your Assignment as WK8Assgn2_LastName_FirstInitial
- Then, click on Start Assignment near the top of the page.
- Next, click on Upload File and select Submit Assignment for review.
SOLUTION HLTH 8401 Week 8 Assignment 2: Break-Even Point Formulas
| Break-Even Point | ||||||||||||||||||||
| Part a. | Part b. | Part c. | Part d. | |||||||||||||||||
| Givens From Problem: | Costs | Dollars | No. | Dollars | No. | Dollars | No. | Dollars | No. | |||||||||||
| A | Reimbursement per Screen | $85.00 | $85.00 | $55.00 | $85.00 | |||||||||||||||
| B | Equipment lease per month(per machine) | $800 | 2 | $800 | 2 | $800 | 2 | $800 | 2 | |||||||||||
| C | Certified Tech costs per Mammography | $25 | 2 | $25 | 2 | $25 | 2 | $25 | 2 | |||||||||||
| D | Tech aide per mammography | $5.00 | $5.00 | $5.00 | $5.00 | 2 | ||||||||||||||
| E | Varible cost per mammography | $10.00 | $10.00 | $10.00 | $10.00 | |||||||||||||||
| F | Equipment maintenance per month | $700.00 | 2 | $700.00 | 2 | $700.00 | 2 | $700.00 | 2 | |||||||||||
| G | ||||||||||||||||||||
| H | ||||||||||||||||||||
| I | ||||||||||||||||||||
Kindly click the purchase icon below to buy the full solution at $10