Explore BrainMass
Share

Cost benefit analysis scenario: You are the Senior Supervisor for the Admissions Department of Valleybrook Hospital, a 500-bed hospital full service health care facility.

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Using a Cost Benefit Analysis, is option 1 or option 2 the best? Please provide work in detailed step by step instructions thank you very much. Thank you.

Background information:

Proposal for New Employee

Scenario: You are the Senior Supervisor for the Admissions Department of Valleybrook Hospital, a 500-bed hospital full service health care facility. In the past three years, admissions at Valleybrook have increased an average of 15% per year.

Up to now, the admissions staff members have filed their own information but increases in admissions, filing is backing up. Observing this, you need to prepare a justification proposal for a part-time filing clerk. Use the information below, to calculate a Cost Benefit Analysis (CBA).

Facts:

? Currently have 5 full-time admissions clerks at $12 per hour or $12, 544.00 monthly cost (including $1344 fringe costs). The admissions clerks are so busy with admissions and paperwork related to admittance that they do not have adequate time to file all their paperwork.

? Part-time filing clerk needed at 20 hours (no fringe) at $10 per hour

? Increase in admissions has increased revenue an average of $300,000 monthly. With expenses factored in, there is a profit for Valleybrook of approximately $100,000 monthly.

? Profit configured conservatively at 5% increase, Valleybrook would still realize a clear profit of approximately $30,000 monthly.

Option 1: Existing admissions clerks can work overtime. Each clerk will work 3 hours overtime each week.

Option 2: Hire a part-time filing clerk.

© BrainMass Inc. brainmass.com October 25, 2018, 6:59 am ad1c9bdddf
https://brainmass.com/health-sciences/topics-in-health-and-wellness/senior-supervisor-admissions-department-hospital-485693

Attachments

Solution Preview

Can you also help with this project please?
Using a Cost Benefit Analysis, is option 1 or option 2 the best? Please provide work in detailed step by step instructions thank you very much. Thank you.

Background information:

Proposal for New Employee

Scenario: You are the Senior Supervisor for the Admissions Department of Valleybrook Hospital, a 500-bed hospital full service health care facility. In the past three years, admissions at Valleybrook have increased an average of 15% per year.

Up to now, the admissions staff members have filed their own information but increases in admissions, filing is backing up. Observing this, you need to prepare a justification proposal for a part-time filing clerk. Use the information below, to calculate a Cost Benefit ...

Solution Summary

The expert examines a senior supervisor for admissions department of a hospital.

$2.19
See Also This Related BrainMass Solution

CBA Template

See the attached file.
Scenario: You are the Senior Supervisor for the Admissions Department of Valleybrook Hospital, a 500-bed hospital full service health care facility. In the past three years, admissions at Valleybrook have increased an average of 15% per year.
Up to now, the admissions staff members have filed their own information but increases in admissions, filing is backing up. Observing this, you need to prepare a justification proposal for a part-time filing clerk. Use the information below, Figure 16-9 (page 577) and Table 16- 2 (p. 578) from the course textbook to calculate a Cost Benefit Analysis (CBA).
Prepare the proposal using the CBA template including thorough justification and the CBA you have configured and submit it through the Dropbox.
Facts:
?Currently have 5 full-time admissions clerks at $12 per hour or $12, 544.00 monthly cost (including $1344 fringe costs). The admissions clerks are so busy with admissions and paperwork related to admittance that they do not have adequate time to file all their paperwork.
?Part-time filing clerk needed at 20 hours (no fringe) at $10 per hour
?Increase in admissions has increased revenue an average of $300,000 monthly. With expenses factored in, there is a profit for Valleybrook of approximately $100,000 monthly.

my thoughts:
5 employees @ $12.00= 12,544-1344=11200
11200 x12 months=
x /52 weeks
/5 employees
I come up with each employee working 43.07 hours already

My intention was to determine hours worked for ft employees and then work up 20 hoursb @ $10.

Comparing total cost/total benefits.

Keeping in mind that cost training new employee and time away from trainers job.

Please refer to the attachment.

View Full Posting Details