Shouldice hospital
Title: Shouldice hospital
Category: /Business & Economy
Details: Words: 1904 | Pages: 7 (approximately 235 words/page)
Shouldice hospital
Category: /Business & Economy
Details: Words: 1904 | Pages: 7 (approximately 235 words/page)
showed first 75 words of 1904 total
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showed last 75 words of 1904 total
For hospital= $ 2.8 million
 For clinic = $ 2 million
 
 Total budget for operating costs= $ 4.8 million
 Total number of operations performed in 1982 =  6850
 Hence Average Cost per patient borne by the hospital = $ 4.8 million / 6850 = $ 701
 
 Exhibit 3 : Net profit increase using proposed solution
 
 Net profit per patient = 1029  - 701
 = $328
 
 By working on Saturdays we are increasing the working days by 52.
 No of operations per year = 6850
 No of working days per year = 261
 Hence, number of operations per day= 6850/261
 = 27
 
 Hence net profit increase per year = 328 * 27 * 52
 = $ 0.46 million
 
 
 
