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Medicare and Medicaid presently account for 50% of the volume. The hospital wishes to reduce its dependence on government payers. Assume that Medicare volume is reduced to 380 patients and Medicaid volume is reduced to 90 patients. The volume from managed care plan #1 (MC#1) rises to 320 patients from 300. The volume from managed care plan #2 (MC#2) increases to 110 patients. Thus, total volume is unchanged at 1,000 visits. What is the new price necessary assuming all other factors are unchanged?
Elizabeth Irwin's design team has proposed the following system with component reliabilities as indicated: What is the reliability of the system
For market segmentation and targeting, direct marketers rely most heavily on:
Virtual Presentations: With so many training sessions and meetings being held online, the benefits can become a long list. Are there any negatives associated with online presentations? Does the length of a presentation play any role in the effective..
Service providers can most directly produce a better match between service demand and supply from which of the below options?
Consider a distributor of a seasonal item that maintains 2 regional warehouses. Demand at each warehouse is affected by local market conditions, which can either be excellent (E), good (G), or poor (P). Each scenario is equally likely. What is the op..
Both Google and Tesla are interested in introducing self-driving cars to the market.
In order to provide good care for a culturally diverse patient population, it is important to gain some understanding of their ways of being (their belief systems, their traditions, their feelings towards western medicine, etc.). Can you think of ..
Morton Bricklayers Group is a nationwide bricklaying company. Morton has an experience rated workers' compensation policy that runs from January 1 to January 1 of each year. Morton's loss experience during year January 1, 2004-2005 will normally affe..
How many copying machines should be rented to minimize cost?
Is it not the hard times when work performance improvement is even more needed by management?
A felt-tip pen manufacturer is forecasted to sell 33000 pens next month. Their fixed costs are $27400 per month and variable costs are $0.40 per pen. Management wants to generate $13500 in profits next month. Assuming that the demand is met, what mus..
1) Which of the following tasks within an Airline Company are related to Operations? A) Crew Scheduling B) International Monetary Exchange
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