Hello

I really need someone who knows how to do finances in healthcare. I am stuck right now

• 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.

My answers:

The Projected Income Statement What income statement assumptions will your business plan's financial analysis require? The basic assumptions for a healthcare project's income statement are illustrated in Exhibit 23-6. The "revenue type" in Exhibit 23-6 refers to whether, for example, the revenue is derived entirely from services or whether part of the revenue is derived from drugs and devices. The "revenue sources" refers to how many payers will pay for the service and/ or drug and device, and in what proportion (such as Medicare 60%, Medicaid 15%, and commercial payers 25%). The "revenue amount" refers to how much each payer is expected to pay for the service and/or drug and device. The total amount of revenue can then be determined by multiplying each payer's expected payment rate times the percentage of the total represented by that payer. In regard to the "expenses" in Exhibit 23-6, the labor cost will usually be determined by staffing assumptions. The required staffing should be set out by type of employee and the pay rate for

( Not sure from this point on PLEASE SOMEBODY HELP ME)