Bed/Day Case

Words: 898

Pages: 4

Open Document

Executive Summary: The current cost reporting structure and costing unit approach (Bed/Day) does not account for the actual use of clinical resources and appropriately allocates cost drivers. Ie. Supplies, medicine, care required, etc., impact the company's ability to control costs. Dr. Julian has evaluated this system and other systems, which has led her to create a level of care system that will better assign costs based on patient maintenance, medical resource use, and care required. The developed system combines the factors above to generate more accurate costing. While this system is more complex and will initially be more challenging to scale across multiple divisions, it is the right approach to identify costs. It more accurately depicts …show more content…
The level-of-care system is widely regarded as the highest standard. Unlike the other two systems, the utilization of resources, closely tied to the level of medical treatment and nursing care received by patients, is no longer assumed to be directly proportional to the length of hospital stays. This means that the intensity of medical and nursing services is not directly tied to the number of days spent in the hospital. According to Dr. Julian's analysis, patients with cardiac dysrhythmia require more medical treatment and nursing care despite having shorter hospital stays compared to patients with pancreatitis. By directly estimating the medical treatment units and nursing units consumed by each type of patient, the level-of-care system provides a more accurate reflection of the costs associated with treating different diagnoses. In the specialty-based system, itemized costs for each division are outlined. This allows for the comparison of costs per bed/day and the allocation of expenses across divisions or departments. Managers can identify excessive costs and manage them in specific areas. The level-of-care system assesses treatment expenses for each

Shouldice Hospital Limited Essay

currently utilizing its beds? Shouldice Hospital is currently utilizing its beds quite well. Under the Shouldice method, they are operating with 90 beds, admitting 30 patients per day, and not accepting any new patients on Saturdays. Each patient admitted generally stays in the hospital for 3 days and is discharged on the fourth morning. By examining Exhibit 4.7, it is apparent that the hospital’s capacity utilization is roughly 71.43%. On Mondays and Fridays, 60 of the 90 beds are utilized (66%)…

Words 1180 - Pages 5

Math Terms Essay

Discharge same day CTT – Census Taking Time (bums in beds) A&C – Adult & Children Discharge: Patient leaves hospital (dead or alive) DIPC – Daily Inpatient Census IPSD – Inpatient Service Day NB – Newborn How to get IPSD (of bed count) – From daily summary chart and from yearly summary chart. Total inpatient service days: Sum of all inpatient service days in the period under consideration Clincal Unit Average Daily Inpatient Census: Total inpatient service days for the clinical…

Words 350 - Pages 2

Tanning Research Paper

Some people are under the assumption that tanning beds can give you this nice, tan glow without any consequences, is that true? Whilst artificially tanning you are exposing your skin to UV rays it’s not used too. These UV rays can be damaging to your skin in many ways. You may hear that and automatically think that tanning in the natural sunlight would be better, but that’s not necessarily true either. Tanning is just the skin’s reaction to exposure to UV Radiation, the way the pigments in your…

Words 1266 - Pages 6

Essay about Shouldice Hospital a Cut Above

Shouldice Hospital – A Cut Above 1.) How well is the hospital currently utilizing its beds? The hospital stay cycles have been provided: | Mon Beds | Tue Beds | Wed Beds | Thu Beds | Fri Beds | Sat Beds | Sun Beds | Available Beds | 90 | 90 | 90 | 90 | 90 | 90 | 90 | Monday Admission | 30 | 30 | 30 | | | | | Tuesday Admission | | 30 | 30 | 30 | | | | Wednesday Admission | | | 30 | 30 | 30 | | | Thursday Admission | | | | 30 | 30 | 30 | | Friday Admission | |…

Words 1563 - Pages 7

Hazards And Harm Essay

are at risk in different health and social care settings. I am going to discuss the hazards that may arise in each of the settings in the case study A hazard is any biological, chemical, mechanical, environmental or physical agent that is reasonably likely to cause harm or damage to humans, other organisms, or the environment in the absence of its control. Case Study John and Barbara Good live in Lisburn. John’s father 87 year old Jack has been admitted to hospital following a cerebra vascular accident…

Words 3646 - Pages 15

Personal Narrative: Five Days Of Suffering

Five days. Five days of suffering. Five days of pain. I gave up what I have now learned to be one of my most loved possessions, the use of furniture. I chose to give up the use of furniture because I didn't think that I used it as often as I actually do. The day I gave up furniture I thought that it would be easy and fun. Well, I was right, for the first hour that is, and then it became like hell on earth. Everywhere I went there was furniture and I couldn't use any of it. I was still laughing…

Words 917 - Pages 4

cost acct Essay

Shouldice Case Founded in 1945, Shouldice Hospital is the global leader in hernia repair. Dr. Edward Earle Shouldice founded the Shouldice Hospital. Dr. Shouldice founded the hospital after he developed a new technique for hernia repair that cut the recovery time down from three weeks to three days. Dr. Shouldice revolutionary technique allowed patients to become ambulatory immediately after the surgery was performed. Prior to this technique patients would have been bed ridden for weeks. The…

Words 2162 - Pages 9

Bedside Care Case Study

Bedside Care Tips for People with Little to No Leg Strength People with little to no leg strength are either saddled with a temporary injury or permanent disability. They could also suffer from a chronic condition that requires bed confinement, as in the case of many older adult patients or those who are still healing from a fracture or leg surgery. Being temporarily or permanently bedridden, however, entails many health issues. As the person has little or non-existent mobility on her legs, she…

Words 1009 - Pages 5

Shouldice Hospital Case Study

OPERATIONS MANAGEMENT CASE 1 Shouldice Hospital Introduction Shouldice Hospital, set up in 1945 by Dr. Earl Shouldice, is located near Toronto. It follows the business model of focus on a single standardised service for a narrow target of consumers, rather than to provide customised solution (as in a general clinic or hospital). It focuses on providing quick, convenient, and reliable cure for external types of abdominal hernias. The Hospital uses its own technique, called the Shouldice…

Words 1579 - Pages 7

Aristotle Research Paper

simply by our characteristics. Something like a rock would be just like any other rock and since it has no differing characteristics, it is not a ‘natural’ object. Aristotle states that “man is born from man, but not bed from bed” (Aristotle) as a supplement to his argument. The bed…

Words 1525 - Pages 7