Answered step-by-stepAn online coaching program has been dev
Answered step-by-stepAn online coaching program has been developed for patients with…An online coaching program has been developed for patients with borderline hypertension. A total of 100 patients are randomized to receive the coaching, and 100 patients serve as control subjects. The start-up cost of the coaching program is $2,000 for software, hardware, and office supplies. A part-time nurse is hired for the program, with a salary of $15,000 plus 20% fringe benefits. The cost per year per patient for medication is $1000. It has been shown that for the first year after beginning the program, 90% with coaching were not considered hypertensive (normal or borderline blood pressure) and 10% were prescribed medication to control their blood pressure. In the control group (no coaching), 70% were not considered hypertensive after 1 year and 30% were prescribed blood pressure medication. Patients in the coaching group continue to receive coaching even if they are prescribed medication. Assuming that these probabilities are constant for the next 4 years, and assuming a 3% discount rate, answer the following s on the cost-benefit of the program. Tip: Begin discounting in year 2; do not discount in year 1. A table has been provided for you to complete to help. Some cells have been completed for you. s:1. Completed the table of costs for the participants in the coaching program. Table 1. Participants in the Coaching ProgramYear Patients without Hypertension (n) Patients with Hypertension (n) Start-Up Cost before discounting Start-Up Cost after discounting Salary Cost before discounting Salary Cost after discounting Medication Cost before discounting Medication Cost after discounting1 100 0 $2,000 $2,000 $15,000+ 20% $18,000 $0 $02 90 10 $0 $15,000+ 20% $1,000x 10 3 81 19 $0 $15,000+ 20% $1,000x 19 4 73 27 5 66 34 Total – – 2. Complete the table of costs for the control group. Table 2. Control Group (Not in the Coaching Program)Year Patients without Hypertension (n) Patients with Hypertension (n) Medication Cost before discounting Medication Cost after discounting1 100 0 $0 $02 70 30 $1,000X 30 3 49 51 $1,000X 51 4 34 66 5 23 77 Total – – 3. If the start-up cost and the nurse’s salary are considered the program costs (or “input”), and the benefit (or “output”) is calculated as the cost savings because of the reduction in the medication cost when the coaching program is implemented (vs. not using the coaching program):a. What is the net benefit of the coaching program without discounting?b. What is the net benefit of the coaching program with discounting?Health ScienceScienceNursingNUR 7402Share
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