Paper instructions:
Review Learning Exercise in chapter 10 of the textbook. ( See Below )
Create a PowerPoint presentation (15 slides including the Reference slide) that includes or aIDresses the following elements:
1. Ten to fifteen financial and nonfinancial metrics
2. Sources for gathering the necessary data
3. The direction in which each metric may change and how it will impact the plans for the new clinic
Learning Exercise
You are the business manager of a fifteen-physician group practice
in family medicine that at a recent strategic planning retreat
agreed to a satellite clinic on the periphery of its current market
area in order to increase the number of families that it serves. The
clinic will be located in an area of somewhat older, rundown homes
that seems to be undergoing slow but steady gentrification. The
clinic initially will be staffed by three physicians and has a maximum
capacity of ten doctors. One of your responsibilities under the
strategic plan to create the clinic is to establish a modest program
for keeping track of the factors and variables that might affect the
success of the clinic. To get started, prepare a list of ten to fifteen
financial and nonfinancial metrics that you propose to monitor,
including the sources you will use to gather the necessary data. For
each one of the metrics, indicate the directions in which they might
change and the adjustments in the plan for the new clinic that would
be necessary.
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