Topic: Program Budget and Financial Analysis and Impact of Finance on Program Success

Spacing: double spaced

a. How can you assess the financial viability and merit of your program? What indications will inform you and others whether your financial strategies are likely to result in positive health outcomes for the population?[my program of study is DNP on geriatric population]

b. Apply the principles of cost-effectiveness, cost-utility, and cost-benefit to your program design process.

c. Apply the use of cost-effectiveness, cost-utility, or cost-benefit to your program design to determine whether the monies put into your program will result in positive health outcomes for the population.

d. Develop a simple revenue and expense budget for 6 months from start-up and develop a break-even analysis.

articulation a justification for the revenue and expenses indicating where the funds are coming from to support the project and what resources the expenses are related to.

f. Explain any variance from the budget that is not budget neutral.

Impact of Finance on Program Success

g. Which method of financial analysis is most appropriate for your program? Provide your rationale.

h. What are the financial implications of not addressing the problem you have identified for your target population?

i. What are the differences between the long-term and the short-term implications of not addressing the problem?

j. How does your selected financial analysis strategy relate to the quality of program outcomes?

Required Readings/References
Kettner, P. M., Moroney, R. M., & Martin, L. L. (2017). Designing and managing programs: An effectiveness-based approach (5th ed.). Thousand Oaks, CA: Sage.

Chapter 10, “Performance Measurement, Monitoring, and Program Evaluation”

As you read this chapter, pay attention to the financial functions associated with these forms of evaluation and the data to be collected.
Robbins, L.B., Pfeiffer, K.A., Weolek, S.M., & Lo, Y. (2014). Process evaluation for a school-based physical intervention for 6th and 7th grade boys: Reach, dose, and fidelity. Evaluation and Program Planning, 42, 21–31 doi.org/10.1016/j.evalprogplan.2013.09.002

Schalock, R.L., Lee, t., Verdugo, M., Swart, K., Claes, C., van Loon, J., & Lee, C. (2014). An evidence-based approach to organization evaluation and change in human service organizations evaluation and program planning. Evaluation and Program Planning, 45, 110–118.

Optional Resources
U.S. National Library of Medicine. (2008). HTA 101: IV. Cost analysis methods. Retrieved from http://www.nlm.nih.gov/nichsr/hta101/ta10106.html