Case Study #6 Managerial Accounting #1 With no change in volume (utilization)‚ is the clinic projected to make a profit? Currently the clinic sees about 45 patients per day and they have capacity to handle 85. If they continue how they are operating the clinic is looking at a loss of $3‚173. At this rate the clinic will not be able to make a profit in spite of inflation over the next couple years. #2 How many additional daily visits must be generated to break even? There is an average of
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Memorial Hospital Case Study Abstract Memorial Hospital Case Study uses a series of communication between different level and functional hospital employees to paint a picture of how this hospital operates. This paper will analyze and summarize key characteristics underlining the organization structure‚ management style and leadership‚ identify major challenges and recommend workable solutions. Analysis Organization 14 department heads report to the president directly. “Coordination
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Policy changes Like many other hospitals‚ Memorial waited for help to come from the National Guard and the Federal Emergency Management Administration (FEMA). FEMA is expected to provide guidance in natural and man-made disasters‚ furthermore‚ they are not meant to take over situations (Shoup‚ 2005). In advance of the disaster the then Louisiana Governor Kathleen Blanco wrote to President Bush requesting a disaster declaration to allow federal assistance. The emergency responses were delayed by
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The Day After Case Names and Roles Case Name: The Day After Charlie Jones-Chief Executive Terminated after 23 years Russell Adams- Board Chairman Bill Handy- Chief Operating Officer Appointed by Charlie Jones liked by the board but not physicians/medical staff. Dr. Ralph Kemper- Chief Radiologist In cohorts with the additional radiologists Potential owner of Imaging Center Inc Russ Adams-bearer of bad news‚ personal friend. Background and Facts The cost per patient day was next
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Executive Summary Change in an organization is not only inevitable but necessary and it is no different for Huntington Memorial Hospital. To continue offering quality of care that is evidence based and that delivers on the unique value proposition in line with its mission‚ Huntington Memorial Hospital is switching to an automated and electronic prescription system. This system will inject effectiveness in the organization‚ reduce human errors greatly and will also enable the organization to deliver
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Abstract This case illustrates the use of break-even analysis to assess the profit potential of a currently unprofitable walk-in clinic. A break-even analysis is performed in many different contexts. This report comprises of a break-even analysis of a healthcare association. A break-even analysis is used to figure out the level of necessary incomes on settled expenses. Managers might use this to budget revenues for available plans without having to carry out to performing them. Word Count: 73 Summary
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❖ WHAT I VALUE . . . FAMILY – A Family is my learning center for life and our shelter in times of storms and problems. RELATIONSHIP – it enhance our life experience exponentially‚particularly the relationships we have with those closest and it provide a yardstick by which we can examine and live out our values--that is‚ when each person’s values are acknowledged‚ respected‚ and equally supported within the relationship. WORK – one of the fundamental source of learning and when you work‚
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A Proposal for Renfrey Memorial Hospital Robin Revels-Fitzhugh Principles of Health Care/MHA 601 Instructor: Jack Lazarre November 21‚ 2011 A Proposal for Renfrey Memorial Hospital Introduction Every discussion about the nursing shortage notes that the root cause of the current shortage is different from the shortage in the past. That may be true to a certain point but some of the contributing factors remain the same‚ women have more career choices now than in the past. However there are some
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Grady Memorial Hospital frequently referred to as Grady Hospital or simply Grady‚ is the largest hospital in the state of Georgia and is the public hospital for the city of Atlanta. Historical segregation of its hospital units meant that it was also called "The Gradys‚" a name that still surfaces among elderly Atlanta residents‚ especially African Americans. Grady is a Level I trauma center. Trauma is any life-threatening occurrence‚ either accidental or intentional that causes injuries. The leading
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Hilltop Memorial Hospital (HMH) is respecting Long’s privacy by keeping the current position of not speaking about Long’s medical history of his mental health disorder. Depending on the state in which this occurs‚ the state and federal laws of privacy maybe different. In this case‚ “under HIPAA‚ the privacy rule adopted by HHS does not supersede or preempt state laws that provide a higher level of protection for the privacy of healthcare information” (Harris‚ 2014‚ p. 113). The general rule for
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