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 condemnation surgeons, 7 assistant surgeons, an anesthesiologist and 30 nurses in join on to support staff. The Shouldice hospital utilize unique surgical techniques and touch operation routines which led to a speedier recovery and a lower than average hernia reoccurrence rate. The hospital had gained a reputation for providing a quality service and relied by and large on countersign of mouth marketing. Many of their patients were from Ontario (56%) and the US (42%) with a smaller constituent (2%) travelling from Europe or different provinces in Canada. Shouldice performed cardinal slips of hernia operations which they classified as unproblematic (first condemnation occurrences) and secondary (reoccurrence s or repairs). Primary surgeries accounted for 82% of the hospitals overall raft of operations. The takings of surgeries being performed at the hospital continued to increase year over year as did the backlog of schedule surgeries, which at the end of 1982 was also at an all-time last of 1,200.
Key Issues and Findings Shouldice Hospital appears to be sooner successful. Patients typically paying(a) rough $1000 for a primary surgery and their 4 day stay at the hospital. With 6,850 surgeries being performed in 1982 we sewer estimate the hospitals revenue at close to $6.85 million. Using their 198 3 operating cost cipher total of $4.2 milli! on we can assume that the hospital is kinda successful with approximately a 38% profit margin. Shouldice is fitted-bodied to operate more efficiently than other hospitals for a number of reasons. Ultimately, due to the occurrence that they specialize in one type of surgery, they are able to benefit from economies of scale by trim back entry 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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