The president of Gentiva Health Services is considering increasing her number of Medicare patients served next year. However, to do so she must begin to use RNs for client visits, which Medicare reimburses at $45 per visit. An RN costs $35 per hour versus the current cost of $15 for an LPN or nurse\u00e2\u0080\u0099s aide. The president believes she can increase her patient visits by 15% by accepting Medicare patients. She is also aware that if she increases her Medicare patients, the company\u00e2\u0080\u0099s administrative costs will increase by approximately $10,000 per year because of the claims file complexity.Using the Gentiva Health Services Statement of Income http:\/\/investors.gentiva.com\/financials.cfm, use the following volumes for your calculations:Volume for the year:\u00e2\u0080\u00a2\tFlexible budget: 6,000 visits\u00e2\u0080\u00a2\tStatic budget: 5,945 visits\u00e2\u0080\u00a2\tActual budget: 5,889 visitsPrepare a two-page report that addresses the following:1.\tHow many more visits will the company generate if it accepts Medicare patients?2.\tWhat would be the estimated profit or loss associated with the Medicare service line?3.\tWould you recommend that Gentiva Health Services increase its number of Medicare patients served? Why or why not?Business PlanReview the quarterly report and develop a business plan for the organization for its upcoming financial year. Be sure to include the following in your organized business plan:\u00e2\u0080\u00a2\tOrganization segment\u00e2\u0080\u00a2\tMarketing segment\u00e2\u0080\u00a2\tFinancial segment\u00e2\u0080\u00a2\tProjected cash flow statement\u00e2\u0080\u00a2\tProjected income statement\u00e2\u0080\u00a2\tProjected balance sheetFeel free to take liberties with information needed that is not available in the report.You may find the quarterly report at http:\/\/investors.gentiva.com\/financials.cfmInclude all required tasks for this assignment in a Word document.<\/p>\n","protected":false},"excerpt":{"rendered":"
The president of Gentiva Health Services is considering increasing her number of Medicare patients served next year. However, to do so she must begin to use RNs for client visits, which Medicare reimburses at $45 per visit. An RN costs $35 per hour versus the current cost of $15 for an LPN or nurse\u00e2\u0080\u0099s aide. […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6159,6156,6158,6157,6154,6149,868,6148,6153,6155,6150,6152,6151],"tags":[6164,618,3782,6161,6165,6166,6160,6168,6167,6162,6163,3293,6169],"class_list":["post-13616","post","type-post","status-publish","format-standard","hentry","category-ae-essays","category-dissertation-homework","category-essay-assessment-brief","category-free-essay-examples-research-topic-ideas","category-in-1050-word-essay","category-in-a-page-paper-assignment","category-native-assignment-help","category-new-assignment-help-aus","category-uk-homework-study-bay-assignment-homework-help-homework-answers","category-uk-writings","category-us","category-write-my-essay-today-in-hours","category-6151","tag-assignment-write-a-page-essay-in-apa","tag-australia-essays","tag-bishops-writing-bureau","tag-help-for-assignment-master","tag-help-writing-week-discussion-post-responses","tag-instant-assignment-help","tag-masters-essay-service","tag-module-week-2-assignment","tag-online-assignment-prime-essays","tag-research-essay-pro-papers","tag-the-student-help-line-australia","tag-tropicalessays","tag-us-essays"],"_links":{"self":[{"href":"https:\/\/www.colapapers.com\/essays\/wp-json\/wp\/v2\/posts\/13616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.colapapers.com\/essays\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.colapapers.com\/essays\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.colapapers.com\/essays\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.colapapers.com\/essays\/wp-json\/wp\/v2\/comments?post=13616"}],"version-history":[{"count":0,"href":"https:\/\/www.colapapers.com\/essays\/wp-json\/wp\/v2\/posts\/13616\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.colapapers.com\/essays\/wp-json\/wp\/v2\/media?parent=13616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.colapapers.com\/essays\/wp-json\/wp\/v2\/categories?post=13616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.colapapers.com\/essays\/wp-json\/wp\/v2\/tags?post=13616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}