Create preliminary market analysis for geriatric psychiatric


Project Homework: Managerial Epidemiology

Before beginning work on this homework, please review the expanded grading rubric for specific instructions relating to content and formatting.

Clinicians are practicing EBM when they use data from research that shows desirable outcomes and then make decisions on how to treat patients. Likewise, leaders and managers use EBMgt to make decisions on how to operate, improve, or add new services to a healthcare organization.

You are the chief executive officer (CEO) of an acute-care hospital. The governing board has expressed interest in adding a new service line, a twenty-bed geriatric psychiatric unit. This unit would be constructed in an existing vacant space within the hospital.

Create a preliminary market analysis for a geriatric psychiatric unit. Your primary focus for this project is to research credible sources for data that should be used in creating an evidence-based analysis. This analysis will then be used to determine the need and potential success or failure of the new service line.

Assume the unit will maintain a census of twenty patients per day. The market analysis must include the following data:

a) Population of the service area that will be required to support the new service line

b) Satisfaction of geriatric psychiatric patients in other similar organizations

c) Profits in other similar service lines

Format your homework according to the give formatting requirements:

• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.

• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.

• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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