Homework: Healthcare Strategic Management
Create a 3 to 5 years financial plan to implement the goals and objectives created in the Environmental Scan and SWOT Analysis portion of your strategic plan (See attached Environmental Scan and SWOT Analysis Document) The deliverables for the financial plan include a projected budget created in Microsoft Excel and a report in Microsoft Word that clarifies and explains the financial plan.
Section I: Projected Budget
Create a projected budget.
1. The projected budget should be a Microsoft Excel spreadsheet that contains a 3- to 5-year financial projection that includes detailed expenditures, income, contingency, gain or loss, capital outlay, and ROI (if applicable).
Include budget strategies to increase volume and budget assumptions.
Section II: Financial Plan Explanation
Write a 1,050 to 1,400 words narrative discussing the fiscal details of the plan and the assumptions that were used in developing the projected budget.
1. Include all the elements required in the projected budget.
2. Include capital expenditure planning and contingency plans for unexpected events.
3. Budget summary: When explaining your budget:
4. Describe the organization's current business model.
5. Evaluate the impact of internal resources and financial capabilities on the business model implementation.
6. Determine how the organization's internal resources and financial capabilities affect your financial plan.
7. Determine how they will affect the implementation of the plan.
8. Explain the details of the budget assumptions and the strategies to increase volume.
Format your homework according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.
Attachment:- Environmental-Scan-and-SWOT-Analysis.rar