1 Aug 2022

101

Health Finance: How to Save Money on Healthcare

Format: Other

Academic level: College

Paper type: Essay (Any Type)

Words: 311

Pages: 1

Downloads: 0

The health care organization in question shall provide the services similar to a 911 call center but strictly related to health care. The organization shall facilitate emergency responses in that a patient in need of medical assistance shall be referred to the right hospitals where they can get immediate assistance to their particular problems. Ambulatory emergency response organizations shall also be able to assist in the event a hospital lacks ambulance services. There shall be direct communication between the hospitals, ambulance emergency response organizations and the patients in need of help. The dispatchers shall be able to trace the closest hospital or ambulance service within the patient's vicinity and have the patient reached to in good time. The call takers shall be well trained in first aid and interpersonal skills so as to be able to walk the callers through their problem while awaiting help. There shall be a manager in charge of all the operations. 

Income Statement 

Revenue type  Operating revenue 
Revenue source  State funding in the form of grants, subscriptions, levies charged on households, businesses and establishments for help center services 
Revenue amount  Emergency services telecommunications charge, 70 cents @month 
Labor expenses 

Staff required: 6 call-takers-$ 16.00 per hour 

6 dispatchers-$ 20.00 per hour 

1 manager-$ 23.00 per hour 

Supply expenses 

Paper-$ 13.00 per ream 

Pens-$ 7.00 per dozen 

Printer Ink-$ 40.00 per cartridge 

Box files-$ 1.00 per piece 

Equipment expenses 

4 separate transmitters-$250.00 

4 separate receivers-$ 300.00 

Back-up power source-$ 10,000.00 

Recording equipment-$ 4000.00 

Radio alarm equipment for the hospitals and emergency response organizations-$ 30.00 

Pagers-$ 50.00 

Radio equipment-$250.00 

Computers-$1500 per person 

Display equipment: 2 Monitors-$ 400.00 

Printer-$150.00 

Photocopier-$1800.00 

Space occupancy expenses 

Rent-$ 5000.00 

Electricity-12cents per kilowatt hour 

Water and sewer-$ 30.00 

Internet-$2000.00 

Furniture and office accessories-$20,650.00 

Overhead 

Business license- $ 110.00 

Business insurance-$ 500.00 

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The furniture costs are inclusive of cubicle space, chairs and desk accessories such as keyboards and mouse. The accessories are inclusive of coffee makers, sockets, switches, routers and Ethernet ports. Most of the costs of office supplies have been derived from the standard prices at popular wholesale outlets that are specialized in providing the equipment. The rates of utilities are determined from the standard rates set for the whole country. The salaries of staff are the exact salaries set for the specific positions. 

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StudyBounty. (2023, September 16). Health Finance: How to Save Money on Healthcare.
https://studybounty.com/health-finance-how-to-save-money-on-healthcare-essay

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