Financial statements with sensitivity analysis

 

 

 

 

 

Communications, 100(1), 193-208. It is March 2020. Describe the context and develop a financial plan for the facility to introduce telehealth and/or telemedicine amid the COVID-19 pandemic and to adopt it for the next five years in anticipation of ongoing need. The purpose: to offer COVID-19 early treatment and non-COVID- 19 patient care by distance to avoid delaying preventative care, improving health outcomes at an affordable cost. The plan should include an analysis of the financial environment, incremental revenues and expenditures forecast (benefits and costs) that are anticipated for adopting the service, including any opportunity costs, and side-effects of the project. Also include debt position, the financial plan and analysis, and a plan monitoring mechanism, such as scorecard of key indicators of financial health including customer perspective, financial perspective, internal processes (including human resources), and learning & growth. Assume a discount rate of 10%. Your paper should include the following components with your assumptions stated clearly (page numbers are a recommendation):
Part 1. Include a cover page and executive summary. ( – 3 points)
Part 2. Define the product in your organization’s context telehealth and/or telemedicine for early treatment of COVID-19 and non-COVID-19 patient care. Include human resource needs, capital investment in equipment, training and training manuals for nurses, doctors and customers. (– 15 points) Part 3. Present your goal and key indicators of financial health including customer perspective, financial perspective, internal processes, and learning & growth. (15 points)
Part 4. Assess your risks and how you will manage them – whether it will be with purchased insurance, risk reduction or risk mitigation strategies. ( 7 points)
Part 5. Analyze the market including product, time, and place (with special attention to the pandemic circumstances and what will happen in the coming years, in particular consider whether there will be inflation. ( – 6 points)
Part 6. Present a well-developed and detailed financial plan over the next 5 years and analysis based on the following (– 25 points): a. Break-even analysis
b. Cash flow analysis
c. Pro forma financial statements with sensitivity analysis
Part 7. Discussion of the findings in Part 6. ( – 12 points)
Part 8. Conclusion indicating whether you recommend proceeding with the project or not, and any other recommendations. ( – 5 points)

Sample Solution

ow” information, Mary is able to recognize and remember the color red. If the Ability Hypothesis is true, Mary gains the ability to remember the experience of seeing red. After experiencing red for the first time, you can remember the experience, and therefore imagine the recreation of seeing red. Lewis also argues that another important ability gained is t`he ability to recognize. If Mary sees the color red again, she will recognize it immediately. Lewis uses the example of Vegemite. If you taste Vegemite at a later time, you will remember (or recognize) you have tasted it in the past. From this, you will be able to put a name to the taste experience. Lewis also argues that these abilities could originate from essentially anywhere – even magic. His main point is that experience, not lessons, is the best method of learning what a new experience is like. Overall, Lewis agrees that knowledge is gained from experiencing red, but believes the knowledge gained is “know-how” information, which is phenomenal, and therefore physicalism is valid. Lewis argues that information and ability are different physical knowledges – this is why physicalism can be true and consistent with the conclusion that Mary gains new knowledge. It is important to consider Lewis’ anti-qualia argument. Although the Ability Hypothesis may seem persuasive to David Lewis, there are several weaknesses. First, when we are shown an unfamiliar color, we actually do learn information about its relative properties compared to other colors (i.e. similarities and compatibilities). For example, we are able to evaluate how red is similar to orange and how it is different. We also learn its impact on our mental states. Physicalism overestimates human cognitive abilities. We have over a million neurons in our brain, and we are nowhere near to gaining a comprehensive view of human cognitive abilities. As any cognitive science major (such as me) knows, understanding what each and every neuron in our brain does is, at a minimum, a long way off. Yet, physicalism assumes we have the power to fully articulate all elements of the world around us and the complexity of our environment. This is not supportable and is a major flaw in his argument. Both Lewis and Jackson agree that some things cannot be learned in a black and white room. The weakness of Lewis’ argument is that he fails to acknowledge the cognitive differences between us and those who do not share similar obdurate mental states. Despite this weakness, there are some strengths for Lewis’ materialistic argument. Lewis removes the inability to assure the non-physical exists. Because he emphasizes the learning of abilities rather than new experiences, his theory relies on the physical and validates that physicalism could be correct. His opponents, dualists, believe that mind and body are separate entities, which is anti-physical. The largest problem with dualis

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