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A year ago, the cost per patient was $217.00 per a day, while this year the average cost per patient is $240.00 per day. The hospital has had a 7% decrease in patients over the year and unless they can increase the number of patients that they are seeing, then the hospital will have to do make some cost reduction decisions...
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The hospital has had a 7% decrease in patients over the year and unless they can increase the number of patients that they are seeing, then the hospital will have to do make some cost reduction decisions.
Now that we know what problems the hospital faces we must come up with some possible solutions to these problems...
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