Compare the relative costs of lawn care at each of three locations; the hospital itself, the outpatient center, and the hospital-affiliated nursing home down the block.
Compare the relative costs of lawn care at each of three locations; the hospital itself, the outpatient center, and the hospital-affiliated nursing home down the block.
HSA 525 EXERCISE14-4
CAssignment Exercise 14-4: The Discovery The Chief FinancialOfficer at Sample Hospital has just discovered that the hospital?sChief of the Medical Staff?s son Jason, a student at the localcommunity college, is paid $100 per week year round for groundsmaintenance at the hospital?s Outpatient Center. The CFO, no fan ofthe Chief of Medical Staff, now wants you to prepare a report that compares the relative costs of lawn care at each of three locations; the hospital itself, the outpatient center, and the hospital-affiliated nursing home down the block. Required Reviewthe available information for grounds maintenance at the threefacilities. Decide how to convert this information into comparable data. Then prepare a report, based on your assumptions, thatpresents comparable costs of grounds care. Also provide your as-sessment of what the best future course of action should be.Relevant Information So far you have assembled the followinginformation. Now you need to decide how it can be converted intocomparable data. Introduction to the Three Facilities SampleHospital is an older 100-bed hospital. The new Outpatient Center,built last year, is across the street and the Golden Age NursingFacility is down one block, on the corner. All three facilities arepart of the Metropolis Health System. (Appendix 25-A contains somefi- nancial details about Sample Hospital.) The hospital is locatedin the midwestern sunbelt; there is occasional frost in the winterbut no snow.
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