How can net present value calculations help save resources?
Question 1 Healthcare facility managers must understand the concept of net present value calculations because facility managers are involved
with capital investment projects. Read Stewart & Martin on critical finance formulas for facility managers.
How can net present value calculations help save resources?
What are the strengths and weaknesses of this approach? For example, is replacement value based on replicating the
present facility or on an entirely new design? If the latter, how is cost determined? Support your analysis of the Stewart & Martin article and the time value of money with a minimum of 1 additional academic source. Article: https://www.hfmmagazine.com/articles/3089-criticalcalculations-
for-facility-managers Question 2 Address all questions Part 1: Critical Analysis of the Law The Emergency Medical Treatment and Active Labor
Act (EMTALA) requires emergency rooms to evaluate, treat and stabilize emergency room patients regardless of ability to pay. This has been referred to as an unfunded mandate. Review St. Anthony Hospital v. HHS (10th circuit) on reverse dumping at Evaluate the court decision and indicate whether you agree or disagree with the court and the reasons it relied on to reach its conclusion. Include case examples in your
response. Review the HHS Georgia Hospital Settlement dated 4-20-2020 at (Scroll down the page) State whether you would have agreed to the settlement agreement if you were an executive with Georgia Hospital. Evaluate the pros and cons of accepting the agreement instead of going to court, and factors to consider in deciding whether to settle a case. Part 2: Strategic Application of the Law You are an emergency department manager at Big Health Hospital. Your hospital is in a large city and serves the needs of the inner city as well as visitors who are injured while visiting the city. You have grappled with problems of overcrowding and have the following metrics: Door to doctor time: 130 minutes Decision to
transfer time: 390 minutes Decision to discharge time: 115 minutes Patients Left without being seen (LWBS) percentage: 24% You have been asked to create a strategic plan to improve emergency room care. The plan must be presented to the Executive VP of Hospital Operations for
approval prior to implementation. Discuss how you would create a strategic plan. (Don’t create an actual plan, but be specific about what you
would include in your plan) The plan should: -Comply with EMTALA -Improve one of the key metrics AND -Address the issue of emergency department overcrowding. Explain what your plan would involve and how it would meet these three requirements. Explain the resources that
would be required to implement your plan in terms of people, time, and money. Describe the arguments you would make to the Executive VP in support of your plan and describe how it will benefit the hospital.