You are the chief financial officer (CFO) at a community based hospital (North Dallas Central Health) . One of the comments that has come back from patient surveys is the need for a commercial 24-hour pharmacy within the hospital. In this way, patients or their families will be able to fill prescriptions


You are the chief financial officer (CFO) at a community based hospital (North Dallas Central Health) . One of the comments that has come back from patient surveys is the need for a commercial 24-hour pharmacy within the hospital. In this way, patients or their families will be able to fill prescriptions and begin taking ordered medication right away instead of waiting until the following day. The chief executive officer (CEO) wants you to create a proposal for the first 3 months of operation utilizing time value of money tools for the development of this new revenue-generating department. The following points must be covered in your proposal:

  • Include      and discuss the need for working capital to include 2 months of startup      drug inventory, vendor financing arrangements, personnel costs including salaries and benefits, renovations, disposable supplies, and cost of      equipment
  • Provide 2 viable options to measure the rate of return to optimize financial  performance of the department based on time value principles with      rationale and justification.
  • Include a profitability analysis for 3 years.
  • Includeba schedule of assumptions for your proposal. What questions might the board ask regarding feasibility of this proposal?
  • How      might current changes in federal, state, and local policies influence decisions to be made?


This essay is written by:

Prof. SirMojo Verified writer

Finished papers: 435

Proficient in:

English, History, Business and Entrepreneurship, Nursing, Psychology, Management

You can get writing help to write an essay on these topics
100% plagiarism-free

Hire This Writer
© 2017 theacademicessays. All Rights Reserved. Design & Developed by theacademicessays.
How to Avoid Plagiarism
  • Use multiple resourses when assembling your essay
  • Use Plagiarism Checker to double check your essay
  • Get help from professional writers when not sure you can do it yourself
  • Do not copy and paste free to download essays
Get plagiarism free essay
Loading...