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Case study-containing operating cost

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Reference no: EM132700512

Case Study - Containing Operating Cost

Jim is a financial analyst at his organization and his primary role is to ensure that the Cardiology service line and the Transplant service line stay within its operational budget for the fiscal year. Today, he is meeting with the operational leadership of his organization's cardiology service line. He let them know that they are currently over budget for the year, mainly due to staffing and over utilization of supplies.

In an essay in that critically evaluates the organizations operating cost. Answer all prompts thoroughly using at least two resources as references to justify your response.

  • Educate operational leadership on why it is important to the overall bottom line of the organization to contain these costs and the challenges that come with doing so.
  • Explain the measures that operational leadership can take to help manage these operational costs across its service line. What best practices are out there that they can learn from and implement?

Reference no: EM132700512

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