...Amt Task1 Service Line Development Running head: SERVICE LINE DEVELOPMENT Business Summary for Trinity Community Hospital Orthopedic Service Line Development Background Information Trinity Community Hospital, a 150-bed hospital with 20 operating rooms and an emergency department on a 25-acre campus, is a community-owned hospital located in a growing community in the southeastern U.S. with a population of 400,000 people in the city and 900,000 in the county. The community is made up of high tech business and industry as well as retirees. It is home to several colleges and a university. The hospital is 25 years old and the campus is comprised of the main hospital with four medical office buildings (MOBs). There are two primary competitors within a 10-mile radius of Trinity which are both private, not-for-profit medical centers. Also, there is a nationally recognized medical center approximately 60 miles from Trinity however this facility is not considered a competitive threat. Numerous specialties with a broad range of medical/surgical services are represented on the hospital staff and all physicians are board certificated. Trinity Community Hospital also boosts of its full Joint Commission accreditation, newly remodeled, modern patient rooms, award-winning dietary department, expert nursing staff, and the highest patient satisfaction scores in the region. Trinity Community Hospital is governed by a six-member Board of Trustees. The board members come from diverse backgrounds but...
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...Running head: SERVICE LINE DEVELOPMENT Business Summary for Trinity Community Hospital Orthopedic Service Line Development Background Information Trinity Community Hospital, a 150-bed hospital with 20 operating rooms and an emergency department on a 25-acre campus, is a community-owned hospital located in a growing community in the southeastern U.S. with a population of 400,000 people in the city and 900,000 in the county. The community is made up of high tech business and industry as well as retirees. It is home to several colleges and a university. The hospital is 25 years old and the campus is comprised of the main hospital with four medical office buildings (MOBs). There are two primary competitors within a 10-mile radius of Trinity which are both private, not-for-profit medical centers. Also, there is a nationally recognized medical center approximately 60 miles from Trinity however this facility is not considered a competitive threat. Numerous specialties with a broad range of medical/surgical services are represented on the hospital staff and all physicians are board certificated. Trinity Community Hospital also boosts of its full Joint Commission accreditation, newly remodeled, modern patient rooms, award-winning dietary department, expert nursing staff, and the highest patient satisfaction scores in the region. Trinity Community Hospital is governed by a six-member Board of Trustees. The board members come from diverse backgrounds but each has a vested interest in the...
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...BANK LOAN/ OVERDRAFT ADDITIONAL PARTNERS SHARE ISSUE LEASING HIRE PURCHASE MORTGAGE TRADE CREDIT GOVERNMENT GRANTS Bank loan is funding that is obtained from a bank for short term or long term purposes. An overdraft facility is where a bank allows a firm to take out more money than it has in its bank account. For sole traders and partners this can be their savings. For companies, the funding invested by shareholders is called share capital. Share issue is the stock that the company sells publicly, in order to generate capital and it can also be the stock given to insiders as part of their compensation package. The amount of shares issued can be all or part of the total amount of authorised shares of the corporation. Hire purchase, is where monthly payments are made for use of equipment such as a car. Hired equipment is owned by the buyer after the final payment Leasing, is when monthly payments are made for use of equipment such as property. Leased equipment is rented and not owned by the buyer. A mortgage is a special type of loan for buying property, where monthly payments are spread over a number of years. Trade credits, this where suppliers deliver goods now and are willing to wait for a number of days before payment. MARGET JOBE Grants from charities or the government to help businesses get started, especially in areas of high unemployment. It does not have to be paid back. MARGET JOBE ADVANTAGES OF EXTERNAL FUNDING THROUGH: Bank loans/ over...
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...proof that it is you and credit records so they know that you will pay them back on time. Advantages of a Bank Loan: * Convenient and accessible- Banks are always accessible since they are used regularly for depositing savings or withdrawing them. After being bank customers for years, the bank becomes convenient and familiar, and personalized service makes it the first place to consider for a loan. * Multiple Loan options- All banks advertise various types of schemes to woo entrepreneurs setting up or running a business. The real earnings for a bank come from the interest they charge on these loans. Options like term loans, standard business loans and others are available for the entrepreneur. * Non profit sharing- Venture capitalists and angel investors agree to provide a loan in exchange for part ownership, the right to influence decision making and a share of the profits. Banks do not ask for any of these. If they do sanction a loan, they are only interested in getting their interest and partial loan payment instalments. * Lower rates of interest-Though tough to get, banks provide loans at lower rates of interest than other lending agencies and instruments like credit cards. * Bank loans offer tax benefits- Small businesses taking loans from banks enjoy some relief from tax, since the percentage of profits used to repay the loan is exempted from tax. Disadvantages of a Bank Loan: * Lengthy application process- banks need to verify all the credentials...
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...GCSE Business studies Sources of Finance 1) Use the writing frame to summarise the key information on the following internal and external sources of finance. Try to include under “purpose” whether the source will be used for the purchase of fixed assets, purchase of current assets or financing of day to day operations. |Internal sources |Purpose, cost, availability, time-scale | |Name |Brief description and purpose |Advantages |Disadvantages | |Retained profit | | | | | | | | | | | | | | | | | | | | | | | | | | ...
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...RAMT Task 1 Kristina Compton Service Line Development Trinity Community Hospital New Orthopedic Line Business Summary The following is a summary of advantages and disadvantages of building, buying and leasing space for the new orthopedic line at Trinity Community Hospital. Included in this summary, is the option I recommend and my basis for this choice. When considering building, buying or leasing space for the new orthopedic service line, one must consider current trends in healthcare. Hospital construction continues to struggle to recover from years of unfavorable economic news. As hospital building activity has spend the last few years under the shadows of Wall Street’s financial meltdown and Capitol Hill’s health reform debate, industry planning, design and construction professionals found themselves riding out an extended down market (Hrickiewicz, 2010). Construction costs for building the space is estimated at $600,000 (5,000 square feet @ $120 per square foot). The advantage to this option is the potential for the building to increase in value resulting in increased equity for the hospital. Additionally, the hospital would retain total control of design and modifications to the building. In a leasing scenario, any modifications would require landlord approval. Also, Trinity Community Hospital would have the ability to lease any excess space within the building to others to generate additional revenue. Costs for purchasing the...
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...must offer physical therapy center. Due to the amount of space the facility has this is a project that will require more option for a new look in order to continue with the projected look of the new facility. Trinity hospital must open up the options to thinking of the advantages and disadvantages of buying, building or leasing a property around the current area or to the current facility. Every option comes with their advantages and disadvantages when dealing with the financials, possible upcoming development, desired space, and compatible with current standing orthopedic services centers. The option of building the Physical Therapy center should be examined first. Recently the CFO of Trinity Hospital sent an email stating that the construction cost would be $120 per square foot for the 5,000 square feet needed for the center. In total this amount is estimated to the cost of 600,000 in order to build on the property. This option has the advantage to be the sole owner of the property giving them all the rights to daily operations without anyone overseeing them and making sudden changes. The hospital would be totally responsible for everything versus leasing the property. One of the key disadvantages and risks is that the CFO explains that the facility has run out of space to extend on the site of the facility. This option may not be the best option but the risk and benefits must be considered in order to determine the best option to recommend. The next option is for...
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...in support of the orthopedic services and located adjacent to or on the hospital campus. The expansion of services would have the following five-year targeted outcomes: 1) Quality and Safety •CMS orthopedic indicator set >90th percentile •Pre/post procedure class attendance >75% 2) Service Excellence •Likelihood of recommending >90th percentile •Physician satisfaction >90th percentile 3)Staff Achievement •Orthopedic nursing staff certification >75% •Orthopedic staff retention rate >90% 4)Growth and Profitability •Surgical cases—2100 •Physical therapy visits—6,500 •Margin—$2,171,500 It has been asked to review the strengths and weaknesses for building, buying, and leasing a physical therapy center. A1. Advantages Just like any other business, Trinity Community Hospital will work towards their expansion goals with a business plan and strategic goals in mind. In addition to strategic plans, management must consider economic trends. Concerns of decreasing credit...
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...Lease Vs Purchase Paper Team B FIN 370 March 12, 2015 Davidson Jansen Lease Vs Purchase Paper Leasing versus purchasing advantages and disadvantages When equipment is leased one of the main advantages is that the equipment is kept up –to-date. For example, if a company lease a car for two years, once the contract is done, the company can lease or buy a newer car with newer technology. Another big advantages for leasing equipment in the business world is the predictability of monthly expenses. A lease comes with a pre-determined monthly line item which is most helpful during the monthly budgeting. One of the biggest disadvantages of leasing is the fact that at the end a company will end up paying more for the product or equipment (Alexander, 2015). When a company purchase equipment the biggest advantage is the availability to deduct the full cost of the equipment on the company’s taxes. Another big advantage is that freedom of maintenance choice. When an equipment is leased the leasing company has a say on how the equipment must be maintain. The biggest disadvantage of purchasing equipment is once the equipment is outdated you are stuck with it (Alexander, 2015). Compare Factors Involved in Leasing and Purchasing Equipment According to Principals and Practices of Public Procurement (2012), it is important to conduct a cost/benefit analysis when determining whether to lease or purchase equipment. Factors to consider when conducing this analysis includes determining...
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...a smooth expansion, and most importantly, a decision between building, buying, or leasing must be made. A. Advantages and Disadvantages of Hospital Expansion Project 1. Advantages a. Building space for the new orthopedic service line * Having the new orthopedic service line built will allow the hospital to customize their space; location of imaging machines, therapy, diagnostics, inpatient, and outpatient. * Cost is lower than purchasing an expansion property adjacent to campus: $600k versus $700k. * The hospital will own this property and benefit from any appreciation in value of the property. b. Buying space for the new orthopedic service line * The hospital will not have to wait for construction to be completed. * The hospital will own the property and will gain appreciation (equity) value for the building in the long-run. * Interest can be written off on taxes. * With historic low interest rates, purchasing will allow the hospital to own the property while paying a low interest rate on their loan. c. Leasing space for the new orthopedic service line * Low starting cost. “Leasing generally requires less cash down, and the monthly payments are often smaller” (Newman, 2006.). * “There's usually a tax benefit associated with leasing where you get to deduct the full lease payment immediately” (Newman, 2006). ...
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........................................................................................................i 1. Motor Vehicle............................................................................................................................................1 2.2 Type of Asset and cost...............................................................................................................................2 2.3 Vehicle purchase options...........................................................................................................................2 -Chattel mortgage.......................................................................................................................................2 -Leasing.......................................................................................................................................................2 -Venture capital..........................................................................................................................................2 2. Soap............................................................................................................................................................3 2.1 Type of asset and cost................................................................................................................................3 2.2 Soap purchase options..........................................................................
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...STUDENT NAME: tishanni corpus Clarke Task. 1:1.1 AC identify the sources of finance available to the business. 1. Government grants A grant of monetary help with the type of cash by the government to a qualified grantee with no desire that the trusts will be paid back (staff, 2015) 2. Leasing Is a system that permits people to claim and make utilisation of specific resources for medium to long haul financing periods consequently for beforehand set between time instalments (Ahali.com, 2015) 3. Friends and Relative They may offer advances without security or consent to a more drawn out reimbursement period (Business gateway, 2015) 4. Government program Chosen, state, and neighbourhood governments have programs expected to help the financing of new interests likewise, little associations. The assistance is much of the time in the kind of an organization certification of the repayment of a development from a customary advance master Anon, (2015). [Online] available at: 5. Life insurance Is a way of ensuring your family or your friendship ones in the event that you pass away (you tube, 2012). 6. Personal savings The primary spot business visionaries ought to search for start-up cash is in their own pockets. It is the slightest costly wellspring of stores accessible (13 sources of finance, 2015). 7. Bank loans A development made by a bank to be repaid with eagerness...
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...the business and they don’t have to worry about paying any employees or shareholders. However, there can be a disadvantage for sole traders when using this source of finance because they must be careful when investing money as they must know their limits in case they don’t have enough money to support themselves. PLC’s (Public Limited Company) would also use this source of finance through their shareholders who each invest money into the business. There can be an advantage for shareholders who use this source of finance when investing money into the business because if the business gains a profit, the shareholders will gain a dividend which means they will each get a share of the profits they make. However, there can also be a disadvantage because if the business makes a loss, the shareholders will lose the money they invested. Capital from profits Capital from profits refers to the money left over after most of the profits that have been earned have been shared with each of the shareholders. There are advantages of using this source of finance because the capital that is left over can be invested to improve the business. For example, the money can be invested to expand the business or buy better equipment. Another advantage is that if the business has very high retained profit, this means that there is more chance for a return on investments. There are some disadvantages to using this source of finance because if the money is invested into the business but the...
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...MSc in Shipping Trade & Finance 2011/2012 Alternative Sources of raising capital in shipping corporations: Bridging the Funding Gap By Linos Alexandros Kogevinas 100021584 Supervisor: Dr. Giovanni Cespa Acknowledgments Having completed a rather long, but enjoyable year at Cass Business School , I feel obligated to thank a few people who helped me along the way. Firstly, I’d like to offer my most sincere thanks to my supervisor, Dr. Giovanni Cespa for accepting to supervise me and putting me on the right track with this dissertation. Following, I’d like to thank my family for their moral support throughout the year. Last but not least I’d like to thank the entirety of the staff at Cass who helped further my education throughout the year. To all of you, Thank you Abstract The goal of this thesis is to evaluate and present the main alternative sources of finance for shipping corporations in the scope of the post-2008 market downturn. By “alternative” the author refers to any source finance that is not vanilla financing i.e. bank debt. Lists of benefits and drawbacks for each alternative source will be presented for all parties of the transaction in question. This is done in order to present an evaluation that will facilitate the reader in understanding the value of each source as well as potential costs and risks. While there are numerous alternative sources that could be covered, the emphasis has fallen only on those that carry at least a...
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...3. LEASING * Leasing is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual, periodic and tax deductible payments. * The lessee is the receiver of the services or the assets under the lease contract and the lessor is the owner of the assets. * The relationship between the tenant and the landlord is called a tenancy and can be for a fixed or an indefinite period of time (called the term of the lease). The consideration for the lease is called rent. * Leasing is a contract between the two parties. For example: The lessor and the lessee for the hiring of a specific chattel (goods) upon payment of specific sum of money/rental over specific period in consideration for the use of the assets owned by the lessor. * There are two types of lease ; 1. Operating Lease A lease agreement where the lessor provides the assets as well as the supporting services and maintenance. Lessee has the right to revoke the lease and in return the assets before expiry date of the agreement. 2. Financial Lease It is a non-cancellable agreement; where the lessee has to make periodic payment of rental over a specified period to lessor, and the lessee has to maintain the asset leased in good condition and to take out adequate insurance coverage. Advantages of Leasing • The total financing of the investment objects which leads to a reduced own financial effort. Therefore, the supplementary financial...
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