Case Study Analysis Discussionâ€”Controlling Costs
In this assignment, you will analyze the SMH data set to identify costs associated with specific clinical product lines and measure gross profit. This is an extension of the work you did in M3: Assignment 1. You will prepare a report that discusses where cost savings could be realized and what revenue centers within the hospital generate income.
Through this discussion, you will compare the results of your analysis and become familiar with activity-based costing and managed care contracting. The product lines included for this case are cardiology, orthopedic medicine, and other. For your analysis, you can use the SMH data file, which you had downloaded from the Doc Sharingarea.
For the case study analysis, you will use the SMH data file to do the following:
- Calculate inpatient gross profit (GP) for each product line. Use the template in the SMH data file for this activity.
- Comment on the results of your inpatient GP calculations. What product line is most profitable by dollar amounts and GP percentage?
- Using your calculations, comment on the following factors. Is there value in separating product lines into more detail? What detail would you recommend? What is the value in separating revenue and expenses by physician? Surgery type? And others?
Write a 1- to 2-page paper in Word. All written assignments and responses should follow APA rules for attributing sources.
Do you need a similar assignment
done for you from scratch? We have qualified writers to help you.
We assure you an A+ quality paper that is free from plagiarism.
Order now for an Amazing Discount!
Use Discount Code “Newclient” for a 15% Discount!
NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.
The post finance and accounting help! appeared first on Topnursingtutors.com.
"Is this question part of your assignment? We Can Help!"
Other samples, services and questions:
When you use PaperHelp, you save one valuable — TIME
You can spend it for more important things than paper writing.