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Teaching Since: | May 2017 |
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MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Hi,
Kindly find attached “Burn Care case”. This is the “quantitative analysis” case.
A few thoughts on Burn Care...
Let’s Review the Case
Job One --> The hospital was given a goal of reducing operating expenses by $500,000 for the burn care unit. (p. 2), based on 1994 hourly rates.
This is Larry’s favorite case, and there are a lot of ways to approach finding the reduction. But, you must not provide sub-standard patient care, and you want to prevent a nursing strike. Also, remember, you should be concerned about your continued ability to attract and retain qualified nurses – unless, that is, you want to get all of them from the agency pool (but are agency nurses as good, what about quality and continuity??).
A couple of more observations and/or subtleties I am concerned you might miss: Be careful
system for staffing and adopted 3.5 hours of direct care per acuity point as its worked nurse-staffing standard. (Bold emphasis supplied.)
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