For flu shots, this price variance was six thousand, and for the treatment of flu patients this variance comes in at fourteen thousand (technically, negative fourteen thousand, as the group would have made this much more had they been able to collect the full eighty dollars expected from every flu patient treated). These figures show that the price changes alone, had they not been accompanied by significant volume changes, would have led to a situation of reduced profitability when compared to expectations, as the reduction in the price for the flu patients is greater than the increase in price that the group achieved with...
The ultimate profitability of this endeavor cannot be gauged with the information provided, as mentioned above, as the other costs incurred during the administering of flu shots/treatment of flu patients are not listed. Assuming these costs are minimal, or at least that they do not exceed the cost of the nurses, this venture would appear to be highly profitable.
How to Protect Revenue Streams The purpose of this research analysis was to discover tools healthcare organizations and practitioners can use to increase revenue streams while facing the rising costs of healthcare and an increasingly aged population relying on Medicare and Medicaid for healthcare coverage. Traditionally Medicare and Medicaid offer very little in the way of comprehensive medical services. This has inspired with healthcare community however to come to the realization
Week 2 DQ 2 -- Diversity is having a team comprised of heterogeneous members -- in physical characteristics, education, experience, outlook and other facets of being. Diversity brings a number of viewpoints to the workplace. In addition, it helps the company to better understand its customers if the workforce reflects the customer base. By opening up more markets within the general populace, diversity can increase the potential value of a
The reason the first problem-solving/quality circle "holiday rush" group I had worked with failed read like a textbook case of the disadvantages of group work. The manager, who led the group, was feared by many in the team as being quick to fire. As a result, participation in the group included saying what the manager wanted to hear, not necessarily what was the best or most feasible idea for the
group dynamics/Group interaction. It is a norm where candidates apply for jobs and switch jobs if they happen to stumble over a good opportunity. Similarly, a candidate applied for a Sales Manager position in a reputed International firm. The candidate worked in the designated post as a Sales manager for 2 years until the candidate happens to receive a better opportunity with good pay package in another company. Erratically, the
group project upload group developed a situation analysis a selected company culminating a SWOT analysis. This current situation company a marketing perspective. In recent decades, companies throughout the world have based their existence and profit on the defiance of competition and the constant improvement of their marketing techniques and strategies in order to ensure their place in the consumer's choice as well as in the overall market segment. The role
limiting factor in determining the size of a budget in the public sector is the capacity to tax or generate revenue. To compute fiscal capacity, a representative tax system should assess the level of personal income, the value of retail sales, and the value of property. However, there are other areas that governments should focus on when striving to ensure and maintain revenue generation. Diversifying a revenue portfolio is
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