Discuss the role of strategic planning in healthcare organizations.

Search the Internet for the strategic plans for two different healthcare organization.

List what is common between the plans and what is different.
Discuss the role of strategic planning in healthcare organizations.
How is healthcare different from other businesses?

Select one of the questions below. Provide the calculation and analyze the exercise from both concept and problem-solving perspectives. Support your thoughts with at least one external reference (not your book).

A five-year project has a projected net cash flow of $15,000, $25,000, $30,000, $20,000, and $15,000 in the next five years. It will cost $50,000 to implement the project. If the required rate of return is 20 percent, conduct a discounted cash flow calculation to determine the NPV.
Two new software projects are proposed to a young, start-up company. The Alpha project will cost $150,000 to develop and is expected to have an annual net cash flow of $40,000. The Beta project will cost $200,000 to develop and is expected to have an annual net cash flow of $50,000. The company is very concerned about its cash flow. Using the payback period, which project is better from a cash flow standpoint? Why?

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