Case Study – ZZZ Best‚ Inc. 1. Ernst & Whinney never issued an audit opinion on financial statements of ZZZZ Best but did issue a review report on the company’s quarterly statements for three months ended July 31‚ 1986. How does a review differ from an audit particularly in terms of the level of assurance implied by auditor’s report? A quarterly review report is issued by a CPA and reviewed by an auditor to provide assurance that the financial statements are fair and follow the GAAP standards. Quarterly
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OPERATIONS MANAGEMENT CASE 1 Shouldice Hospital Introduction Shouldice Hospital‚ set up in 1945 by Dr. Earl Shouldice‚ is located near Toronto. It follows the business model of focus on a single standardised service for a narrow target of consumers‚ rather than to provide customised solution (as in a general clinic or hospital). It focuses on providing quick‚ convenient‚ and reliable cure for external types of abdominal hernias. The Hospital uses its own technique‚ called the Shouldice
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as 1-A for Federal and Specialty Hospitals. 2-A: Inpatient Hospital Unit Data - General Acute Care Only. Beds Set Up & Staffed‚ Admissions‚ Days of Care‚ and Occupancy Rates for each of 18 inpatient units. 2-B: Inpatient Hospital Unit Data - Same as 2-A for Federal and Specialty Hospitals. 3-A: Discharges and Discharge Days by Age Group - General Acute Care Only. 3-B: Discharges and Discharge Days by Age Group - Same as 3-A for Federal and Specialty Hospitals. 4: Emergency services capability
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environment in Toronto f. Rooms g. Satisfied operators Analyses 2. Why do patients choose Shouldice Hospital over other hospitals? What are the benefits received by Shouldice’s patients that are different from other hospitals? Answer: Patients choose Shouldice Hospital over other hospitals because the service they get from Shouldice is far away better than other hospitals. The benefits they received are as following: a. Appointments are driven by patient referrals.
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In hospitals like all businesses there are several levels or tiers to its structure and each level has its own sublevels that as a whole make up the facility. Hospitals are not just filled with Doctors and nurses there are many other aspects that go into the day to day operations. Beginning with the Administration aspect of a hospital‚ those in charge of the business portion of the facility‚ including human resources and billing/collections. These people include a board of directors‚ HR employees
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I joined the Temasek Overseas Outreach Programme in December 2008. With some 20 schoolmates‚ I went to a Cambodian village named Sangke Croun Village. At the village‚ we provided manual labour in digging wells‚ building toilets and fencing the village school. We also taught the students there. We carried out fund-raising projects in Singapore to raise US$5000 for the school. As we also believe that charity begins at home‚ we organized an event in collaboration with Singapore Children’s Society
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CASE: Community Hospital Evening Operating Room Solution 1) The average customer arrival rate and service rate per hour Patient arrival time in a day (11 pm to 7 am) = 8 hr/day Patient arrival time in a year (Total study time) = 8 (hr/day) * 365 = 2920 hrs For average customer arrival rate‚ we know that 62 patients are required during that time period. So average customer arrival rate (λ) = 62/2920 = 0.0212 patients /hr Service rate (μ) = 60/80.79 = 0.7426 /hr
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intense competition between WFRMC and the other two hospitals within the area of Pensacola in 1992‚ Sacred Heart and Baptist Hospitals. The 130 doctors practicing at the Medical Center Clinic and its satellite clinics admitted mostly to WFRMC‚ whereas most of the other doctors in this city of 150‚000 practiced at both Scared Heart and Baptists Hospitals. At the time it was estimated that 90% to 95% of patients that would be admitted into any of the hospitals would experience discounted prices due to the
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Healing Hospital: A Daring Paradigm Meghan Weir Grand Canyon University Spirituality in Health Care HLT-310V Kristan Farley May 16‚ 2013 Healing Hospital: A Daring Paradigm As the health care atmosphere changes‚ there has been a growing interest to closely examine how spirituality‚ values‚ and morals contribute to patient outcomes; specifically what it means to truly heal a patient. In the past‚ medical care was mostly geared towards curing our patients and their illnesses physically.
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Abstract This case study illustrates the crisis faced by the president of Lincoln Hospital‚ a for-profit hospital that had several hundred beds to fill. A number of issues are occurring at the hospital impacting the ability of the hospital to successfully perform the planned surgeries without incurring significant issues. These issues include high turnover‚ scheduling issues‚ service delays‚ and a divided staff. Worst of all‚ however‚ the doctors and nurses are at war. Specifically‚ Don‚ the new
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