NR 533 FINANCIAL MANAGEMENT IN HEALTHCARE ORGANIZATIONS, NR 533 WEEK 5 ASSIGNMENT

t Week 5: Break-even Analysis Assignment Guidelines with Scoring Rubric Purpose The purpose of this assignment is to: To provide learners with the opportunity to develop break-even-analysis skills. Due Date: Sunday 11:59 PM MT at the end of Week 5 Total Points Possible: 100 REQUIREMENTS: Answer the questions and complete the calculations required for the assignment. Submit your answers on a Word document, with the heading of Week 5 Assignment. For the questions requiring a written response, please adhere to proper grammar and syntax, and provide references. For the questions requiring calculations, show all your work and follow the format that has been provided for the calculations in the lesson for Week 5. 1. When performing calculations, standard rounding rules apply. If the number to the right of the decimal is less than 5, round down to the nearest whole number, e.g., 33.4 = 33 If the number to the right of the decimal is 5 or greater, round up to the nearest whole number, e.g. 33.5 =34. 2. Read the question carefully. Pay close attention to the units be asked and keep them consistent. For example, hours vs FTEs; days vs months vs years. 3. Provide ALL formulas with references. Designate which formula associates with which source. It is not sufficient to simply list the source at the beginning of the section. Write out the formula used BEFORE filling in the numbers. Formulas used should be taken from one of the required resources for this course. Example: Total Contribution Margin (CM) = (CM) category 1 + CM cat 2 + CM 3 Leger, J.M. & Dunham-Taylor, J. (2018). Financial management for nurse managers: Merging the heart with the dollar, 4th Ed. Burlington, MA: Jones-Bartlett. PREPARING THE PAPER Break-Even Analysis NR 533 FINANCIAL MANAGEMENT IN HEALTHCARE ORGANIZATIONS, NR 533 WEEK 5 ASSIGNMENT Case Study You and several of your colleague business partners have decided to establish an outpatient fertility clinic in your service area. All of you are very familiar with this patient population base, have completed an extensive