Healthcare Finance Project: Ambulatory Service Development Plan

This project addresses the development of ambulatory services for Metropolis Health System (MHS), a midsize taxing district hospital. The student proposes enhancing MHS's portfolio by focusing on ambulatory services, including equipment upgrades for services like biopsies, X-rays, and ultrasounds. The project includes written and oral press releases outlining the benefits of this development, such as improved patient care, increased revenue, and better community access to healthcare services. A detailed financial analysis projects a significant increase in revenue and net income within a year of implementing the new ambulatory services. The proposal highlights the cost-effectiveness of the plan, utilizing existing resources and a $2 million budget for equipment purchases, and provides detailed financial projections including revenue, expenses, and net income, demonstrating a positive financial outlook for MHS.

Running Head: HEALTH CARE FINANCE
HEALTH CARE FINANCE
Name of the Student
Name of the University
Author Note

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Table of Contents
Written Press Release.................................................................................................................2
Oral Press release.......................................................................................................................2
Proposal analysis........................................................................................................................4
References..................................................................................................................................6

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Written Press Release
The service chosen for the future enhancement of Metropolis Health System (MHS)
portfolio is the development of ambulatory services. Ambulatory service will be boosted by
creating a philanthropic arms of the company. This new planning service will help in
improving the capital and equipments of the hospitals. It will meet the emergency health
needs of the patients within the community. This will also improve the quality of the services
and will meet the future demands of the public. Additionally, this service will benefit the
MHS services to take develop their outpatient care. The new plans will focus on developing
the equipments for Biopsy, x-rays, CT scans, Ultrasounds and other minor surgical
procedures to support the community health care (Stratmann & Koopman, 2016). These
technologies are affordable & will be purchased within $2millions. This facility will support
the health service organisation to create a transition in servicing sector in terms of providing a
better quality and convenience care facility. Ambulatory services will advance the medical
technology of the organisation and help people in getting a normal way for the outpatients
without getting admission to hospital. Outpatient services will allow the organisation to treat
more patients in community and will also to increase their revenue.
Oral Press release
Future Care- A treatment to quality patient care
Health- This section will discuss on new medical plans and information’s related to
healthcare developments. It will discuss on the new developments, new ideas and business
strategy related to Metro Health System. The new developments in medication services will
help in building customer trust and securing their health.

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The planning for development of ambulatory service will be focused on developing
various equipment centres in the hospital. The equipment centre will contain the facilities for
both the hospitalised and outpatients of the hospital (Uppal, 2019). Equipments for Biopsy,
X-ray, CT scans, ultra sound and other minor surgical centres will be developed in this
programme. The idea for ambulatory service will focus on meeting the requirements of future
needs of the community.
The ambulatory care services will be set in such a way that, it will be easily accessible
by both the outpatients and the patients admitted in the hospital. Future care will be the name
of new ambulatory service directs the aim for future. Most of the people of the community
donot have any source to cure themselves (Himmel & Schneider, 2017). The new ambulatory
center of MHS’s plant is present at only one corner of the building. A lot of people are
constantly visiting the care for including both the inpatients and outpatients. For the
community of Metropolis town, this new developments in automotive service care will help
them to make a faster treatment. The planning of new automotive services will also help in
providing quick services to the patients and help them back with their normal life.
Hospital Benefits
MHS hospital system will be improved. More equipments and more innovation of
ambulatory services will help the organisation in building new infrastructures. The hospital
can provide a better treatment services for the patients. The quality of services will also
improve and hence, it can afford a better service at a very reasonable price. Hospital can
reach to more customers (Verma, 2017). It will allow the hospital to recruit new employees
and staffs in the organisation. This will help them to get access to new skills in the
organisation and hence will allow them to make new innovations. Hence, hospital will be

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able to build new research in making business developments. This will ultimately improve
the company revenue.
Contact Information
Public and community can contact for their health service to the following details:
E-mail: [e-mail]
Contact-9777679035
Dr Leonardo Rumples (Administration department)
People can access to the above websites for getting more details related to the
developments: Company website: [e-mail]
Proposal analysis
The overall proposal of new developments in ambulatory service will be cost effective
for the organisation. Company us having $2million for making new innovations and
purchasing the new equipments. Total expenses related to new business operations will be
very low. The expected budget after 1 year for the organisations after making new
innovations will be:
Particulars Amount ($)
Total servicing revenue (6%)
Expenses
Staff expenses
Administrative expenses
Equipments
Depreciation
36,040,000
5,000,000
7,500,000
5,450,000
2,070,000

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Research & developments
Interest expense
Total expenses
Net income
15,00,000
4,00,000
1,89,20,000
17,120,000
From the above analysis, it can be seen that, the servicing revenue is expected to
increase at a rate of 6% after 1 year of the planning. The net income of company will increase
to $17,120,000. It can be seen that, all the expenses related to innovations and infrastructural
developments is within the carrying amount of the company which is $2 million. From the
above financing structure, it can be seen that the planning decision of developing ambulatory
services in the hospital will be very much benefited to the organisation. Metropolis Health
System (MHS) will be able to have the power to increase their revenues.

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References
Himmel, K., & Schneider, U. (2017). Ambulatory care at the end of a billing period (No.
2017/14). HCHE Research Paper.
Stratmann, T., & Koopman, C. (2016). Entry Regulation and Rural Health Care: Certificate-
of-Need Laws, Ambulatory Surgical Centers, and Community Hospitals.
Uppal, H. (2019). Economic Advantages of Performing Orthopaedic Surgical Procedures in
Ambulatory Surgical Centres Over Hospital Out-Patient Settings. Ambulatory
Surgery, 25(1).
Verma, D. A. (2017). RE: Medicare Program: Hospital Outpatient Prospective Payment and
Ambulatory Surgical Center Payment Systems and Quality Reporting Programs
(CMS-1678-P).