The Shouldice Hospital Limited Q1) How successful was the Shouldice hospital and how do you key out for its exertion? Ans ) The success of a hospital which fundamentally is a intermit of the service industry can be done in 2 ways -         The financial attitude         The service perspective Financial analysis : Total market Nos of proceedings in US = 600000 ( in 1979 assuming it is the said(prenominal) in 1983) Nos of operations in Shouldice = 6850 (in 1982) Market sh atomic count 18 = 1.14%(assuming that the market size the Great Compromiser the same) Price aerated per customer on average (assuming similar value for primaries and recurrence) readjustment = $ 111 * 4 (4 days)= $ 444 Surgery cost                         = $ 450 colleague surgeon                 = $ 60(assuming either operation uses an confederate surgeon) Anesthetic                         = $ 75(assume we are using an anesthetic in all operation ) Transport costs                 = $ 400(average of $ two hundred to $ 600) Total expenses for the customer = $ 1429 Total revenue of the hospital         = $ 1029* 6850                                 = $ 70,48,650 price incurred by the hospital: Salaries of the surgeon         = $ 50000* 12                                 = $ 600,000 Bonus                                 = $ 500,000 Assistant surgeon                 = $ 30.

6* 6850                                 = $ 209610 Anesthetist                         = $ 300 * 261(working days in an year)                                 = $ 78300 Food expenses                 = $ 1.1 * 400 * 261                                 = $ 114840 Total expenditure                 = $ 24,27,750 Gross in operation(p) margin         = $ 46,20,900 (This is excluding the other expenses which are not given in the case and also it... I commemorate thos is exactly what this is and it is good. If every person grading this understands what this is then you powerfulness get a good score. If you want to get a full essay, modulate it on our website:
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