You are asked to analyze the financial costing of a new technology-driven screening program for COVID-19 cases.
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Get it written →Scenario 10: You are asked to analyze the financial costing of a new technology-driven screening program for COVID-19 cases. Answer questions 10.1 through 10.4.
Question 10.1: The quarterly cost of technology (operational and maintenance, etc.) is $50,000 per quarter. If this screening program continues for three years (three waves – assuming that quarterly technology cost stays the same), what is the overall technology cost in three years?
Question 10.2: If there were 10,000 people screened in the first year (wave 1), what is the cost per person screened in that year?
Question 10.3: Out of 10,000 people screened in wave 1 (first year), only 10% cases (i.e., 1000 people) were found COVID-positive (screen test confirmed). What is the cost per COVID positive case (screen test confirmed) in the first year?
Question 10.4: In the second year (wave 2), the COVID positivity increased to 30% in the screened population (i.e., Out of 10,000 people screened, 3000 people were found test-positive). What is the cost per COVID positive case (screen test confirmed) in the second year (wave 2)?
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