Evaluating Hospital in Transition: A Management Analysis Case Study

This assignment analyzes the 'Hospital in Transition' case study, focusing on evaluating the financial impacts of various management decisions. The analysis includes assessing the financial implications of terminating a contract, taking on additional cases, and reducing the length of stay for cardiology patients. The study also explores other potential areas for cost savings within the hospital, particularly concerning nursing staff costs and the use of different medical procedures. Recommendations are provided based on the analysis of the case, referencing key financial and operational strategies. The assignment requires evaluating specific recommendations from senior management, considering their financial, operational, and political impacts, and proposing potential alterations to achieve financial targets.

Hospital In Transaction

Contents
• Financial impact of terminating the contract
• Financial impact of taking additional cases
• Recommendation
• Financial impact of reducing cardiology length of stay and department that supports
• Other areas for savings
• Recommendation
• References

Financial Impacts of Terminating the Contract
If the contract is terminated among the parties, you'll need to pay for
pleasant the alternative celebration's promise to provide the products or
services (Eicher, 2018). An organisation or hospital in transaction may
face various challenges of termination of contract in the middle of the
process and may face various financial issues.

Financial Impacts of Taking Additional Cases
Within the care units, activities done through numerous professionals are the most important detail of cost
accounting, with nursing staff accounting for 30-35% of overall costs. Because of the urgency of value
manage, healthcare centres want to cautiously examine the necessities of nursing staff.

Recommendation
The motive of this study turned into to calculate the common price of nursing time spent and required for
sufferers admitted to the ward and the economic price of nursing group of workers adequacy. It can be
recommended Extra records about the final 24 hours of activities were extracted from clinical facts.

Financial Impact of Reducing Cardiology
Length of Stay
Inpatient remedy of cardiovascular disease remains one of the leading reasons of rising health care
expenses in developed international locations. As the population a while, healthcare choice makers and
executives are continuously suffering to hold up with the developing demand for fewer beds.

Other Areas for Savings
Similarly, the usage of the trans-radial method, headaches of bleeding on the catheter web page have turn
out to be extremely uncommon. Consequently, after PCI is questioned, you must live in a single day in an
ordinary clinic.

Recommendation
Distinct assets used
consistent with
affected person had
been positively
accumulated in a
case record shape
deliberate at the
beginning of the
look at.

Reference List
• Eicher, B., 2018. Transaction cost economics and trust in the hospital sector: An empirical examination using
the example of Germany. International Journal of Healthcare Management, 11(4), pp.341-350.
• Chakraborty, S., 2018, October. Enablers of co-creation in hospital-supplier relationships: empirical study in
Indian healthcare context. In Supply Chain Forum: An International Journal (Vol. 19, No. 4, pp. 331-352).
Taylor & Francis.
• Rumapea, M. and et. al., 2019, November. Evaluation of internal control of payroll system in hospital.
In 2019 International Conference of Computer Science and Information Technology (ICoSNIKOM) (pp. 1-4).
IEEE.

Questions?

Thank You