Shouldice Hospital Limited Group Case Study Feb. 14th, 2012 truncated Synopsis In 1982 Shouldice infirmary comprised of 89 beds and performed 6,850 hernia operations while being staffed by 12 full while surgeons, 7 assistant surgeons, an anesthesiologist and 30 nurses in assenting to support staff. The Shouldice hospital utilize unique surgical techniques and bunk operation routines which led to a speedier recovery and a debase than average hernia reoccurrence rate. The hospital had gained a reputation for providing a quality service and relied by and large on denomination of mouth marketing. Many of their patients were from Ontario (56%) and the US (42%) with a smaller dowery (2%) travelling from Europe or different provinces in Canada. Shouldice performed 2 slips of hernia operations which they classified as unproblematic (first clock occurrences) and secondary (reoccurrences or repairs). Primary surgeries accounted for 82% of the hospitals overall muckle of operations. The takings of surgeries being performed at the hospital continued to extend year over year as did the backlog of schedule surgeries, which at the end of 1982 was also at an all-time gamey of 1,200.
Key Issues and Findings Shouldice Hospital appears to be sooner successful. Patients typically paid round $1000 for a primary surgery and their 4 day stay at the hospital. With 6,850 surgeries being performed in 1982 we rat estimate the hospitals revenue at or so $6.85 million. Using their 1983 operating cost cipher total of $4.2 million we can assume that the hospi! tal is kinda successful with approximately a 38% profit margin. Shouldice is open-bodied to operate more efficiently than other hospitals for a number of reasons. Ultimately, due to the particular that they specialize in one type of surgery, they are able to benefit from economies of scale by trim back broth and using their resources more efficiently. An example of this is the lower...If you want to notice a full essay, order it on our website: OrderCustomPaper.com
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