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Nhs Fp6008 Assessment 2 Developing A Business Case

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Nursing
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Capella University
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Homework
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Running head: BUSINESS CASE FOR A NEW ECONOMIC OPPORTUNITY 1
Business Case for a New Economic Opportunity
Name
Institution

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BUSINESS CASE FOR A NEW ECONOMIC OPPORTUNITY 2
Business Case for a New Economic Opportunity
The Wailey Cancer Support center is part of the health care facility situated in Cleveland.
It will cater to patients within the community, those who predominantly visit the hospital, and
those outside it seeking further support in coping with their cancer diagnosis. The WCS will
offer support and practical but holistic support to patients already diagnosed with cancer and
seen as stipulated to holistically manage the disease. Emphasis will be placed on children or
patients below the age of 18years. The business case's objective is to present a report detailing
the viability of the business over five years and weigh the cost-benefit of the entire project. The
business evaluation includes but is not limited to assessing risks and opportunities associated
with the new project. It looks at ways to reduce the risks associated with setting up the support
center and ways to minimize costs and, in turn, maximize the benefits of the project.The new
Wailey Cancer Support center will be instrumental in improving health care and wellness of
cancer patients.
Opportunities Associated With the Proposed Economic Initiative
Through an analysis of both the economic and environmental landscape, the opportunities
and risks associated with WCS are apparent. For starters, it will be situated in the Cleveland
Medical Centre, which is already among the few hospitals within the area, serving most of the
patients with more complicated or chronic ailments such as cancer (DeSantis, Kramer, & Jemal,
2017). The hospital is well renowned and has a robust screening and testing center that caters to
patients' diverse base. The hospital also has well-trained doctors, nurses, and other medical
practitioners. It boasts of robust finance and operational system that has been lauded within the
area for its efficient system (Rohan et al., 2018).

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Running head: BUSINESS CASE FOR A NEW ECONOMIC OPPORTUNITY Business Case for a New Economic Opportunity Name Institution 1 BUSINESS CASE FOR A NEW ECONOMIC OPPORTUNITY 2 Business Case for a New Economic Opportunity The Wailey Cancer Support center is part of the health care facility situated in Cleveland. It will cater to patients within the community, those who predominantly visit the hospital, and those outside it seeking further support in coping with their cancer diagnosis. The WCS will offer support and practical but holistic support to patients already diagnosed with cancer and seen as stipulated to holistically manage the disease. Emphasis will be placed on children or patients below the age of 18years. The business case's objective is to present a report detailing the viability of the business over five years and weigh the cost-benefit of the entire project. The business evaluation includes but is not limited to assessing risks and opportunities associated with the new project. It looks at ways to reduce the risks associated with setting up the support center and ways to minimize costs and, in turn, maximize the benefits of the project.The new Wailey Cancer Support center will be instrumental in improving health care and wellness of cancer patients. Opportunities Associated With the Proposed Economic Initiative Through an analysis of both the economic and environmental landscape, the opportunities and risks associated with WCS are apparent. For starters, it will ...
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