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Scenario: Your hospital has an opportunity to participate with an Accountable Care Organization (ACO) contract with 50,000 ACO patients. The ACO patient population expects about 5,000 avoidable hospitalizations per year with a potential savings of $50 million, which will be shared as follows: 50% revenue to the insurer and 50% revenue to the hospital. The ACO patient population will require an average of six office visits per year, and 300,000 total office visits will need to be supplied by your primary care workforce.
In a 2- to 3-page Word document that includes tables and/or calculations, make recommendations on the following: 1) number of physicians and nurse practitioners needed; 2) reimbursement method: salary or fee-for-service; 3) recommendations for financial incentives to address the challenges of supplier-induced demand and how to ensure efficiency. Interpret the net profit from the ACO contract based on your recommendations. Explain the rationale behind your recommendations, including the impact made by your financial calculations.
Consider an assembly line with 20 stations. Each station has a 0.5% probability of making a defect. At the end of the line, an inspection step singles out the defective units. The inspection step catches 80% of all defects. what is the likelihood (pr..
What are the options? What is the cost of each option? What are the advantages and disadvantages of each option? What completion date would you recommend? Why? What is the total cost of your recommendation?
Explain the differences between the product design philosophy behind industrial design and design for manufacture/assembly. Which one do you think is more important in a customer-focused product development? What factors may need to be traded off by ..
Sean Skippers is in charge of load planning for cargo ships for Chase Shipping Inc. (CSI). Sean is preparing a load plan for a CSI freighter destined for China.
If you perform the trend adjusted exponential smoothing method and the results in the column labeled Tt are mostly positive number series data has
the average time a customer spends at the restaurant (1.176 minutes). Illustrate what are the arrival rate also service rate.
Discuss about how does TOC can be implemented in your business(Pepsi).
Develop a production plan and calculate the annual cost for a firm whose demand forecast is fall, 10,800; winter, 7,500; spring, 6,500; summer, 12,800. Inventory at the beginning of fall is 540 units. At the beginning of fall, you have 35 workers. As..
A firm wishes to control inventory costs. Find out the optimal order quantity. Find out the total cost for the optimal order quantity.
Provide an example where nonverbal feedback was used and describe the end result?
As a virtual team member, what are the advantages and disadvantages that exist within the following environments: Home office, Hotel, Café, or Coffee house? What suggestions could you present to team members while working in these different locations..
One of the products that Company W makes is snack foods. The research and development department of Company W has developed a new formula for one type of snack food that is cheaper to make than the current formula.
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