Assignment 2: W2A2 Healthcare Budget Request and Workbook Template
This assignment has two parts. Part 1 is the development of an executive summary. Part 2 is the development of an Excel workbook template to be used throughout the course as you analyze data related to your proposed healthcare product or service. Be sure to read the details and directions as presented in the Blackboard classroom for this week.
Part 1: Executive Summary
Your executive summary will be a critical first component of your formal healthcare budget request. It will be your first real opportunity to sell leadership and other stakeholders on the value of your proposed product or service. Hence it should be persuasive. It should also be informative without explaining every facet in more detail that anyone cares to read up front. It should outline why the organization should invest resources in your idea. It should be specific and focus on results.
Executive summaries are detailed descriptions of the process for implementing a new product or product line, project, unit, or service. An executive summary has a beginning and an end; it defines the specific market or community after completion of a formal needs’ assessment and gap analysis. It is an evidence-based proposal to support a change that includes metrics and measurement for establishing expected outcomes. Elements of an executive summary include the introduction, background, description with gap or opportunity analysis, proposal for the new service; research related to
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the gap or plan, and a detailed evaluation plan.
For the purposes of this Assignment, your executive summary should be 1-2 pages in length excluding the Reference page. No cover page or running head is needed; however general APA formatting is required. Be sure to review the Learning Resources and conduct your own research to review samples of executive summaries (many examples can be found online). Save your Executive Summary and place it on the Health Care Budget Request Template. Save the file as W2A2_lastname_firstname_.docx and attach it to the appropriate Assignment week 2 submission link by the due date specified in the classroom.
*Attach both parts 1 and 2 before submitting.
Part 2: Excel Assignment Workbook
As you progress through this course on the development of your Healthcare Budget Request, you will apply financial ratios and other calculations to make the business case for your idea. In this Part 2 of this Assignment, you will develop an Excel worksheet template that will be used in subsequent Assignments for use in your future analysis. To do this:
- Open the “Excel Assignment Workbook” and find the tab titled W2A2 Practice Design.
- Save the file as xlsx and submit the workbook to the appropriate Assignment 2 submission link by the due date specified in the classroom.
*Attach both part 1 and 2 files before submitting.
Note: You have completed the Week 2 Assignment 2.
RELATED: Module 1 Week 1 Assignment 1: W1A1 HealthWays Budget
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