The Case of the Unhealthy Hospital Anthony R. Kovner Harvard Business Review No. 91506 SEPTEMBER–OCTOBER 1991 HBR Anthony R. Kovner The Case of the Unhealthy Hospital Bruce Reid‚ Blake Memorial Hospital’s new CEO‚ rubbed his eyes and looked again at the 1992 budget worksheet. The more he played with the figures‚ the more pessimistic he became. Blake Memorial’s financial health was not good; it suffered from rising costs‚ static revenue‚ and declining quality of care. When the
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Case Study No.19 (Solvency And Liquidity Analysis) The Warnaco Group Inc.declared bankcruptcy in June 2001 soon after publishing its financial statements for its year ended December 31‚2000.Warnaco Group’s financial data for 1997 through 1999 are presented in Exhibit 4P-4. a) Discuss whether the information provided in the exhibit provides any warning of the company’s eventual demise.Your answers should be based on an analysis of Warnaco’s 1998-1999 activity‚solvency‚liquidity‚and profitability
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Essay topic: Project Planning in Traditional and Agile Project Management. Introduction: 1.1 現今科技一日千里‚ 在我們日常生活中‚ 經常會應用到不同的software application. 小至mini game‚ 大至OS. 所有由concept 到產品‚ 全部都是由一個個不同的project 組合而成. What is a project? Project is a temporary endeavor undertaken to create a unique product‚ service or result) (Project definition: Planned set of interrelated tasks to be executed over a fixed period and within certain cost and other limitations) 而一個成功的project‚ 必需有好的Project management.
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The Jaguar project‚ which was a project undertaken by Teradyne Corporation‚ the World’s largest supplier of equipment for testing semiconductors. The aim of the project was to develop a highly flexible tester platform that could be easily adjusted to the needs of different device segments. It was a critical project that will determine the ability and success of Teradyne to compete in the market‚ especially that the market need was drastically shifting towards flexible tester platforms rather than
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RESEARCH IN ACTION Agency for Healthcare Research and Quality • www.ahrq.gov Issue #14 March 2004 Hospital Nurse Staffing and Quality of Care Hospitals with low nurse staffing levels tend to have higher rates of poor patient outcomes such as pneumonia‚ shock‚ cardiac arrest‚ and urinary tract infections‚ according to research funded by the Agency for Healthcare Research and Quality (AHRQ) and others. Yet increasing staffing levels is not an easy task. Major factors contributing to lower staffing
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Bottleneck analysis: Also see enclosed Process flow chart (Appendix 1). Hospital is able to perform 42 exams/afternoon and send 38 patients to the operation rooms. But surgery capacity is 33 operations/day only. Bottleneck (number of operations/day) is therefore located between these two processes. Hospital performs 33 operations/day = demand 116 beds/Wed‚Thu and 99 beds/Tue. Demand is 116 and current capacity is 89. Bottleneck is the number of beds available. It is necessary to increase capacity
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Hospital Supply Inc.: A quantitative analysis I. Introduction: Hospital Supply‚Inc.‚produced hydraulic hoists that were used by hospitals to move bedridden patients. The costs of manufacturing and marketing hydraulic hoists at the company’s normal volume of 3‚000 units per month are shown in Exhibit 1. EXHIBIT 1: Cost per unit for hydraulic hoists Unit manufacturing costs: Variable materials $550 Variable labor 825 Variable overhead 420
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Palm Computing Inc. Introduction: In the early 1990 the technological boom started‚ and one of the startups was Palm. They had focused on the handheld devices which where in their baby steps. One of their top executives was a former GRiD employee‚ which has left the company after his PhD in the medical field. With his knowledge he developed a coding system that enabled the recognition of handwriting. The CEO of Palm was also an insider in the industry‚ which was seeking for new challenges. Problem:
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Case 19 – Georgia Atlantic Company (Dividend Policy) Critique the 6 alternative dividend policies proposed by Abe Markowitz. Discuss the implications of each for Georgia Atlantic Company. Make your recommendation on which is the best for the shareholders and state the reasons why. Solution No Cash Dividends‚ No Stock Dividend or Split This strategy will be the worst possible choice for Georgia Atlantic. This is due to the fact that the company’s recent Market-to-Book value is well below
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1.) How well is the hospital currently utilizing its bed? 90 beds x 7 days/ week = 630 beds available in a week 30 patients x 3 days x 5 days per week = 450 beds utilized 450 beds utilized / 630 availble beds = 71.43% The hospital is currently utilizing 71.43% of their beds‚ this is actually an ideal operating point. To increase its rate of utilization might decrease the service quality. 2.) Develop a similar
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