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Using the data given and data you have calculated, determine the following cost analysis parameters. Tests per vial: 100 Roche Diagnostics iSTAT (current method) CoaguChek

Using the data given and data you have calculated, determine the following cost analysis parameters. Tests per vial: 100 Roche Diagnostics iSTAT (current method) CoaguChek XS Pro PT (Proposed Method) Avg reagent cost/test = Avg. Nurse time/test in hrs = Avg. Nurse cost/test = Avg cost /test = 50% profit margin price = This is your minimum charge = Total test cost per year = Annual Cost Training 3 per month 12 for 6 months; then 3 for 6 months Capital Cost (n=10) Service Contract cost = Total Direct Cost = Total First year Costs = Indirect cost = Direct cost = Total Annual cost = Minimum revenue to = Break Even = Minimum Profit = Provide a comprehensive summary of the analysis below with 500-1000 words; Times New Roman, 12 pt font, 1 inch margins, double spaced. Based on the FTE and Cost analysis you have just completed select which instrument you believe to be the best for SDSU hospital. SDSU Hospital CEO Dr. Sharrel Pinto requires that you provide justification for your recommendation with a summary statement. Your written statement must compare and contrast the 2 instruments and include pros & cons for both with regards to FTEs, training, contracts, capital expense; as well as, defining the break-even point and potential minimum profits.

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