Get Help With Your Essay

If you need assistance with writing your essay, our professional Essay Writing Service is here to help!
Hire writer now

How many more visits will the company generate if it accepts Medicare patients?The president of Gentiva Health Services is considering increasing her number of Medicare patients served next year.
The first task is: Source of Revenue: An Increase in the Medicare Patient Population

The president of Gentiva Health Services is considering increasing her number of Medicare patients served next year. However, to do so she must begin to use RNs for client visits, which Medicare reimburses at $45 per visit. An RN costs $35 per hour versus the current cost of $15 for an LPN or nurse’s aide. The president believes she can increase her patient visits by 15% by accepting Medicare patients. She is also aware that if she increases her Medicare patients, the company’s administrative costs will increase by approximately $10,000 per year because of the claims file complexity.

Use the following websites to gather data:

10K Annual Report
10Q Quarterly Report
Use the following volumes for your calculations:

Volume for the year:

Flexible budget: 6,000 visits
Static budget: 5,945 visits
Actual budget: 5,889 visits
Prepare a two-page report that addresses the following:

How many more visits will the company generate if it accepts Medicare patients?
What would be the estimated profit or loss associated with the Medicare service line?
Would you recommend that Gentiva Health Services increase its number of Medicare patients served? Why or why not?
The second task is: Business Plan

Review the quarterly report and develop a business plan for the organization for its upcoming financial year. Be sure to include the following in your organized business plan:

Organization segment
Marketing segment
Financial segment
Projected cash flow statement
Projected income statement
Projected balance sheet


 

smilesmile. .

get-your-custom-paper






The post How many more visits will the company generate if it accepts Medicare patients?The president of Gentiva Health Services is considering increasing her number of Medicare patients served next year. appeared first on My Nursing Paper.


Top 3 best writers

Whenever you need a winning paper which corresponds to all your requirements, you can rely on our professionals. They will take care of any paper you might need.


"Get Help With Your Essay
. If you need assistance with writing your essay, our professional essay writing service is here to help!

Order Now