Question: This week you will continue working on creating a Business Plan for a new health care organization. Please read the requirements of this discussion board

This week you will continue working on creating a Business Plan for a newhealth careorganization. Please read the requirements of this discussion board carefully as it varies from our usual format.

Page312 of theeTextexplains that the following items are addressed in the Income Statement Assumptions section of a business plan:

  • Revenue type/Revenue source(s)
  • Revenue amount (e.g., as determined based on per patient, per visit, per month, per grant amount)
  • Labor expenses
  • Supply expenses
  • Cost of drug or device expenses (if applicable)
  • Equipment expenses
  • Space occupancy expenses (e.g., rent, utilities)
  • Overhead (insurance, etc.)

For your original post: (1) remind us about your new health care business, (2) address the values that you have determined/assumed for each of the items above, and (3) explain how you came to determine/assume the values for each of the items listed above.

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