Proposal for a New Dental Department: Benefits, Risks, and Financial Information

Running head: NEW DENTAL DEPARTMENT
New Dental Department
Name of the Student:
Name of the University:
Authors Note:

1
NEW DENTAL DEPARTMENT
Contents
Executive Summary.......................................................................................................2
Outline............................................................................................................................3
Background....................................................................................................................3
The Proposal...................................................................................................................4
Aims...........................................................................................................................4
Benefits......................................................................................................................4
Risks...............................................................................................................................8
Process..........................................................................................................................11
Resources.....................................................................................................................12
Reporting of outcomes.................................................................................................12
The reports will be presented to the management of the hospital on weekly basis.
..............................................................................................................................12
Financial Information...................................................................................................12
References....................................................................................................................14
Attachment 1................................................................................................................17
Attachment 2................................................................................................................17

2
NEW DENTAL DEPARTMENT
Executive Summary:
The inhabitants of the area are in dire need of a dental facility within the vicinity of
the locality engaged in providing the care at cheaper rates. The purpose of the report
is to establish whether the proposed new department will yield value to the locals and
the inhabitants of the locality in the long run. For the purpose of ensuring that detailed
analysis of the prospect is being taken up the help of several tables has been taken up.
Within the table details regarding the benefits, the risk that are involved and the
revenue that is going to be incurred in respect of the company has been objectively
analysed and listed out. In addition to that an objective break even analysis of the
same has been taken up to ensure that clear picture is being presented in front of the
management of the company to ensure that the target revenue that has to be achieved
by it for the purpose of ensuring that the costs incurred by it is recovered entirely.
After the analysis it was found that there are several capital as well as revenue
expenditure that are going to be incurred by the entity for the purpose of
implementing and integrating the new department within the hospital.

3
NEW DENTAL DEPARTMENT
Outline
In the present report an effort will be made for the purpose of analysing the
various costs and the revenue that are going to be incurred and generated by way of
operating a dental clinic.
Immense value will be created in respect of the Local Health District from
this. The reason being that due to the unavailability of the dental services in the
nearby area the inhabitants had to travel long distances for the purpose of getting the
service in relation to this (Peterson et al., 2015). It is of utmost importance that the
service is being introduced for the purpose of ensuring that the same is being received
by them in the locality at a reasonable price.
Background
Under the present scenario the inhabitants of the area are facing immense
problem in respect of availing dental facility. The reason being that the hospital of the
area doesn’t have a dental department. This has forced the inhabitants to travel long
distances for the purpose of availing the dental care that they are in need of. The cost
that is being incurred by them in the present scenario is immense (O'Neill & Ensle,
2015). Due to the fact that in addition to the consultation fees to be paid to the private
practitioners, the inhabitants have to incur huge travel costs. For the purpose of
mitigation of this issue it is of utmost importance that a new and improved dental
clinic is being opened up in the area. The same would be engaged in the process of
delivering decent dental care to the inhabitants at a reasonable price (Wright 2015).