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.
