NRS 433-Essay: Innovation will continue to grow exponentially.

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In the field of health care, one thing is for certain: innovation will continue to grow exponentially. ”..Most of the innovations that healthcare leaders say they are excited about have less to do with medical advances and more to do with improving how health care is accessed, provided, and paid for in this country” (Phillips, 2015). Understanding how to support and move forward with this growth is essential for a health care manager.

Research and prepare a proposal to address the following health care topic/issue: An assisted living center wants to add a fitness studio, staffed by licensed Physical Therapists. You will need to use a document template for this assignment. Templates may be found by searching Microsoft Word. A few examples include the ”Business Plan” and ”Project Scope Report” templates. You will need to edit the template headers to be applicable to this assignment, but retain the overall design elements to create a clean, professional-looking document. Use the following outline within your template. Bolded items should be used as section headings. Additional subcategories may be included:

Executive Summary

What is being proposed?

Proposal Description

Supporting documentation: basic financials (ex: purchase price, lease or buy options, average reimbursement rates, etc.)

Market Assessment

Utilization of the product or service

Financial & Risk Analysis

Provide a clear picture of revenues, expenses, profits, etc.

How will the project be financed?

What is the expected ROI?

What is the financial risk? (include how risk is calculated)

Recommendation

Is this a viable option?

How should the entity proceed?

On a separate page, include a minimum of three references, in APA format.

You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.

Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.

Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.

The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.