FNU Health Care Informatics Implementing Advanced Storage & Recovery Essay

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3481lhyvnc

Writing

Florida National University

Description

Assignment #

*8 to 10 pages, double spaced, APA format style.

Financial Proposal analysis (4 points)

Alternative plan of actions (4 points)

Proposed project plan to include: (8 points)

Project activities

Timeline

Budget

EvaluationPlan

Executive Summary at end of project (4 points).

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Explanation & Answer

Attached. Please let me know if you have any questions or need revisions.

1

Proposed project plan:

Your name
Instructor’s name
Course
Date of submission

2

Introduction
Healthcare informatics refers to implementing advanced storage and recovery and
successful utilization of health care information in fostering better collaboration between the health
care providers and the patient. Health care informatics plays a critical role in promoting healthcare
reforms to ensure better healthcare for patients. Health care informatics provides various benefits,
including improved access to health data and services. Again it ensures better patient care and
safety. Health informatics also supports greater coordination of care and more empowered
employees, making it crucial for healthcare organizations to implement nursing informatics for
better patient services. This paper describes a project implementation plan that includes financial
proposal analysis, an alternative method of action, timeline, budget, evaluation plan, and executive
summary.
Financial Proposal Analyses
Projected

profit

and loss
Item

Year 1

Year 2

Year 3

Year 4

Sales

$60,000

$60,000

$110,000

Direct costs

$21,000

$27,000

Other

$0

$0

Total cost of sales

Year 6

Year 7

$140,000 $50,000

$70,000

$100,000

$20,000

$25,000

$25,000

$16,000

$30,000

$0

$0

$0

$0

$0

$100,000 $67,000

$120,000

$105,000 $75,000

$119,000

$130,000

Gross margin

$39,000

$44,000

$90,000

$105,000 $50,000

$64,000

$70,000

Gross profit %

50.00%

55.00%

82.00%

90.00%

70.00%

76.00%

Expenses

Year 5

46.00%

3

Payroll

$18, 000

$20,000

$26,000

$35,000

$40,000

$42,500

$49,500

$6,000

$6,000

$5,000

$5,000

$4,000

$7,000

$5,000

Utilities

$2000

$2000

$2000

$2000

$2000

$2000

$2000

Insurance

$500

$500

$500

$500

$500

$500

$500

Rent

$250

$250

$250

$250

$250

$250

$250

Payroll Taxes

$1000

$1,800

$1,500

$1,800

$1,400

$1,900

$2,500

Others

$0

$0

$0

$0

$0

$0

$0

$30,000

$30,000

$30,000

$30,000

$30,000

$30,000

$30,000

$300,000

$480,000

Sales and marketing
and others

Total

operating

expenses
Net profit

$100,000 $180,000 $200,000

$250,000 $280,000

Proposed Cash flow
Cash received
Year 1

Year 2

Year 3

Year 4

Year 5

Year 6

Year 7

Cash from operations
Cash sales

$70,000

$60,000

$90,000

$120,000 $100,000 $80,000

$130,000

Cash receivable

$60,000

$60,000

$80,000

$100,000 $70,000

$80,000

$130,000

$70,000

$60,000

$90,000

$120,000 $100,000 $80,000

$130,000

Subtotal
operations

from

cash

4

Item

Year 1

Year 2

Year 3

Year 4

Year 5

Year 6

Year 7

Subtotal cash received

$70,000

$60,000

$90,000

$120,000 $100,000 $80,000
...


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