Innovation in the field of healthcare

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: 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: An assisted living center wants to add a fitness studio staffed by licensed Physical Therapists. Executive Summary What is being proposed? What is being proposed? Proposal Description Supporting documentation: basic financials (ex: purchase price lease or buy options average reimbursement rates etc.) Supporting documentation: basic financials (ex: purchase price lease or buy options average reimbursement rates etc.) Market Assessment Utilization of the product or service 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) 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? Is this a viable option? How should the entity proceed? On a separate page include a minimum of three references in APA format. ‘

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