Financial Analysis 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? This week you continue to develop Assignment 3, applying the principles of cost-effectiveness, cost-utility, and cost-benefit to your program design process. To prepare for this week's section of Assignment 3: Review      the information presented in the Learning Resources (see required reading      list further down below). 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. To complete: Write a 3- to 5-page paper* due by 22:00 tomorrow 1/17/18 in APA format with a minimum of 6 scholarly references (See Required Readings list below) that address the following: 1) Budget (developed in Week 7 [see attached file for that assignment] ) a) Develop a simple revenue and expense budget for 6 months from start-up and develop a break-even analysis. b) Articulate 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. c) Explain any variance from the budget that is not budget neutral. 2) Financial Analysis (developed this week [see attached file for this assignment]) a) Articulate whether the monies put into the program will result in positive health outcomes for the population (resulting from your application of the use of cost-effectiveness, cost-utility, or cost-benefit to the program design process). * Include tables or graphs in your paper to illustrate budget information . P.S. Start this assignment with an introduction ending with a purpose statement and a conclusion as per the APA guidelines. Make sure to run this paper through TURNITIN to check for plagiarism. Required Readings Hodges, B. C., & Videto, D. M. (2011). Assessment and planning in health programs (2nd ed.). Sudbury, MA: Jones & Bartlett Learning. · Review Chapter 4, “Program Planning: The Big Picture” · Review Chapter 5, “Social Marketing, Program Planning, and Implementation” As you review Chapter 4, focus on the budgeting information presented on pp. 113–115. 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 12, “Budgeting for Financial Control, Management, and Planning” · Chapter 13, “Developing Line-Item, Functional, and Program Budgeting Systems” ·  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. Chapter 12 introduces budgeting as an im ...

1. Financial Analysis
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?
This week you continue to develop Assignment 3, applying the
principles of cost-effectiveness, cost-utility, and cost-benefit to
your program design process.
To prepare
for this week's section of Assignment 3:
Review the information presented in the Learning Resources
(see required reading list further down below).
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.
To complete:
Write a 3- to 5-page paper* due by 22:00 tomorrow 1/17/18 in
APA format with a minimum of 6 scholarly references (See
Required Readings list below) that address the following:

2. 1)
Budget
(developed in Week 7
[see attached file for that assignment]
)
a) Develop a simple revenue and expense budget for 6 months
from start-up and develop a break-even analysis.
b) Articulate 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.
c) Explain any variance from the budget that is not budget
neutral.
2)
Financial Analysis
(developed this week [see attached file for this assignment])
a) Articulate whether the monies put into the program will
result in positive health outcomes for the population (resulting
from your application of the use of cost-effectiveness, cost-
utility, or cost-benefit to the program design process).

3. *
Include tables or graphs in your paper to illustrate budget
information
.
P.S. Start this assignment with an introduction ending with a
purpose statement and a conclusion as per the APA guidelines.
Make sure to run this paper through
TURNITIN
to check for plagiarism.
Required Readings
Hodges, B. C., & Videto, D. M. (2011).
Assessment and planning in health programs (2nd ed.).
Sudbury, MA: Jones & Bartlett Learning.
· Review Chapter 4, “Program Planning: The Big Picture”
· Review Chapter 5, “Social Marketing, Program Planning, and
Implementation”
As you review Chapter 4, focus on the budgeting information
presented on pp. 113–115.

4. 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 12, “Budgeting for Financial Control, Management,
and Planning”
· Chapter 13, “Developing Line-Item, Functional, and Program
Budgeting Systems”
· 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.
Chapter 12
introduces budgeting as an important part of the planning
process, noting that it also serves essential management and
control functions for programs.
Chapter 13
addresses three systems of budgeting—line item, functional,
and program—each of which has a distinct focus.
Gaskin, J., Rennie, C., & Coyle, D. (2015).
Reducing periconceptional methylmercury exposure: Cost-
utility analysis for a proposed screening program for women
planning a pregnancy in Ontario, Canada. Environmental Health

5. Perspectives, 123(12), 1337–1344
doi.org/10.1289/ehp.1409034.
Palumbo, M.V., Sikorski, E.A. & Liberty, B.C. (2013).
Exploring the cost-effectiveness of unit-based health promotion
activities for nurses. Workplace Health & Safety, 61(12), 514–
520.
U.S. Small Business Administration. (n.d.).
Writing a business plan. Retrieved December 12, 2011, from
http://www.sba.gov/category/navigation-structure/starting-
managing-business/starting-business/writing-business-plan
The “Writing a Business Plan” section of this website
introduces elements of a good business plan, which is an
essential document for any program. Investigate the information
presented. In addition, see the "Preparing Your Finances"
section for information on break-even analysis and other
budgeting-related matters.
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).

6. 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
Dirubbo, N. E. (2006).
Break-even analysis: Can I afford to do this? Nurse
Practitioner, 31(7), 11.
This article briefly explains break-even analysis and its use in
initiating new programs.
McBryde-Foster, M. J. (2005
). Break-even analysis in a nurse-managed center. Nursing
Economic$, 23(1), 31–34
This article explains how break-even analysis can be used in a
nursing environment and how to apply it for program proposals.
U.S. National Library of Medicine. (2008).
HTA 101: IV. Cost analysis methods. Retrieved from
http://www.nlm.nih.gov/nichsr/hta101/ta10106.html
· Published by the National Institutes of Health, this site offers
an explanation of the types of cost analysis including
comparison of cost-utility, cost-effectiveness, and cost-benefits.