Purpose
The purpose of this assignment is to develop a business plan for a quality improvement project,
program, or service related to an area of student interest within the selected healthcare
organization.
Due Date
...
Purpose
The purpose of this assignment is to develop a business plan for a quality improvement project,
program, or service related to an area of student interest within the selected healthcare
organization.
Due Date: Sunday 11:59 p.m. MT at the end of Week 7
Total Points Possible: 200
I. REQUIREMENTS:
1. Address all components of the business plan as outlined in Preparing the Paper.
2. Refer to the Business Plan Worksheet, available for download on the Course Resources
page, as needed to complete the assignment.
3. This paper will be graded on quality and completeness of information, accuracy of any
required calculations, use of citations, use of standard English grammar, sentence structure,
and organization based on the required components.
4. Create this assignment using Microsoft Word, which is the required format for all
Chamberlain documents. You can tell that the document is saved as an MS Word document
because it will end in .docx.
5. Use of Turn It In is required for this assignment. Use the draft TII portal prior to final
submission. This allows you to check for similarity index to other works and helps you
identify areas that need to be referenced. See the Turn It In guidelines under Course
Resources.
6. Submit the final paper to the Files by Sunday 11:59 p.m. MT. Any questions about this paper
may be discussed in the weekly Q & A forum under Discussions. Once your paper has been
submitted to Files, you are not allowed to resubmit to that portal without express approval by
the faculty.
7. The length of the paper is to be no greater than six pages including the appendices, but
excludes title page and reference page. Extra pages will not be read nor graded by the
instructor. Content beyond the page limit will not be considered part of the paper.
8. APA format (6th edition) is required in this assignment, including a title page and a reference
page. Use headings for the sections of the paper according to APA format. Remember that
the introduction does require a heading. See the APA manual for details of formatting. You
may also refer to Guidelines for Writing Professional Papers found in Course Resources.
9. A complete paper will contain all components outlined under Preparing the Paper.
II. PREPARING THE PAPER
A business plan is a detailed plan for a proposed program, project, or service.
1
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Chamberlain College of Nursing NR533 Financial Management in Healthcare Organizations
The following sections should be clearly present with headings and complete. Use the headings
provided in the outline below.
I. Introduction/Overview
a. Purpose of assignment
b. PICOT
c. Purpose of business plan
d. What will be included
II. Proposal
a. Cover letter
b. Executive Summary
III. Detailed Abstract
a. Two types analyses
b. Marketing and financial plans
IV. Appendices
a. Financial tables
b. Graphs/charts
V. Conclusion
a. What was covered in the plan
b. Strengths and weaknesses of the plan
c. Approach for approval
1. Clearly introduce your business-plan assignment in the Overview section. This should be no
longer that one paragraph. Include purpose of your assignment, PICOT as basis for and
purpose business plan; and what will be covered in the assignment.
2. Include a clearly articulated cover letter written in business letter format, active voice and
exactly as it would be read by leadership. Include overview of issue, proposed solution, and
action request.
3. Present a captivating executive summary that is interesting and captures the interest of
leadership and draws them in to read further. Content includes (1) a description of the proposed
project, program, or service, (2) why it is being proposed, and (3) what outcomes are most likely
to occur as a result.
4. Detailed Abstract expands the three areas of the executive summary.
a. Expand description of project purpose
b. Issue/problem defined; supportive evidence for project
c. Expected outcomes and project timeline
d. Marketing/needs analyses and plans at least two strategies
e. Fit with mission of organization
f. Fit with current services
g. Financial plan including budgetary needs
h. Financial impact on stakeholders (organization, patients, unit of service, community)
i. Break-even analysis and cost/benefit analysis results with reference to actual budget
and analysis in appendices
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