NURS FPX 6008 Assessment 2 Attempt 2 Developing a Business Case EZ

Since healthcare costs are rising these days, the present financial situation of employees and patients today reveals high medical
costs. Leaders are called to make new changes and implement models to help curb healthcare costs. This is the reason this
workplace health program can help employees adopt better lifestyles. Mounting evidence suggests that workplace-based
initiatives of healthcare facilities expansion can take an integrated approach to reduce health harms and threats. Moreover, the
ever-increasing healthcare insurance premiums and hospital services need to be constrained (Lee, 2020). This initiative helps to dig
deeper into the key mechanisms in healthcare spending and will reduce administrative expenses. Moreover, in the absence of
good medical clinics and hospitals in the area, the overuse and needless care accounts for many deaths of workers and contribute
to millions regarding healthcare expenses. This huge problem of employees’ heath with respiratory problems and injuries can
reduce with PMC initiative. Moreover, the identification stage is intended to produce a detail of associated costs and advantages.
The potential for earning higher incomes has driven faster development of rules and policies for economic evaluation of
healthcare initiatives. The challenge is to effectively know that opportunity cost of the service interventions. However, such an
economic initiative related to high-risk patients and intensive care units may become more economically burdensome for the PMC.
While discussing the financial risk assessment, there are some risks associated with hospital’s procurement activities. The financial
ratios were calculated which show no risks associated with corporate performance of the newly formed organization. The company
can fulfill the current obligations through its liquid assets. Moreover, the risk analysis shows that the competitor’s retail health
clinic was also situated around 7 kilometers in the supermarket. That helped customers to buy groceries and take care of their
medical needs. However, SMARTHEALTH provides larger number of treatments and scan facilities to provide excellent and timely
care. However, this type of rushed and speedy healthcare endeavors can often be prone to more risks and misdiagnosis.

Table 1 (Impact Values)