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(PDF) Early onset dementia: Clinical and social aspects

   

Added on  2021-02-19

8 Pages2205 Words61 Views
Early Onset of Dementiatreatment clinic

Table of ContentsINTRODUCTION................................................................................................................................3MAIN BODY.......................................................................................................................................31. Proposal for funding and financial risk analysis..........................................................................32. Breakdown of cost.......................................................................................................................63. Recommendations and performance measures used for business case ......................................6CONCLUSION ...................................................................................................................................6REFERENCES.....................................................................................................................................7

INTRODUCTIONDementia is a progressive mental disease which affect memory, reasoning ability andjudgement and problem solving abilities, decision making and impairment in thinking andcommunication. With the growing severity its treatment and regular assistance from the health careservice providers becomes mandatory. The identification of early onset of dementia (EOD) can helpto improve the quality of life of patient (DaDalt and et.al., 2016). In response to increasing numberof patients and expenses of dementia patients Gill county council and New life foundation areplanning a joint investment to support EOD treatment. The study will provide the financial analysisof the proposed project so that dementia care of the patients can be improved and desired financialoutcomes can be achieved. MAIN BODY1. Proposal for funding and financial risk analysisFor EOD treatment, the New Life Foundation Trust and Gill Country Council SocialServices makes joint investment so as to support dementia patient in achieving full recovery withminimum cost expenditure. Earlier for seeking medical assistance, dementia patient has to pay £55each time they visited doctor. Both the foundation by coming together, decided to co – fund clinicsand incorporating of support centre thereby assisting 10 EOD patients per clinic. The centre will be having two social workers, a senior doctor with two senior most practicenurses and five ancillary staff for giving support facility. The amount of cost incurred on Equipmentis £20,000 for every two centre which is required to be renewed in every five year. The cost relatedto consumable factor is considered as negligible. With the help of feasibility study of new proposal as decided, it can be determined whetherinvesting in such project is viable or profitable or not. Feasibility study evaluated viability of ideagenerated thereby ensuring worth of investing in such idea from the perspective of legal, technical,economical as well as social phenomenon. In such case, by starting new clinic centre, it willprovides benefits to large number of patients as now they are not require to incur large amount ofcost every time on visiting to doctor. Financial risk analysis is defined as study of all the uncertainty and risk as associated withlosses which can be arises due to financial instability, market fluctuation including movement instock price, interest rate, exchange rates, currency etc. (Jagadeesan, 2017). With the help ofanalysis of risk factor, a company can determines factors which are causing variances andfluctuation in returns, cash flow streams, viability and probability of success or failure of project inwhich investment has been done by company. It covers two parts viz.

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