Reference no: EM131659140
Case Study -
THE CRIMSON PRESS CURRICULUM CENTER
THE CRIMSON GROUP, INC. - Los Reyes Hospital (A)
Assignment
1. Using the information contained in the case and Exhibit 1, prepare a budget for the department of medicine for the four case types shown. Organize your figures so that Dr. Delgado will find them understandable and useful. In so doing, try to set up a spreadsheet to calculate the budget, and make it as formula-driven as pos- sible. This will allow you to easily test assumptions in answering Question 2.
2. Assuming Dr. Delgado and Mr. Cohn are unhappy with the "bottom line" of this budget, what options are available to change it? Which options seem the most feasible to implement?
3. What approach should be taken to include the department's fixed costs in the budget? If, after attaching the appropriate amount of fixed costs to each DRG, one DRGs is losing money, what action should Dr. Del- gado take?
4. What problems do you think Mr. Cohn will encounter in attempting to expand this effort to the rest of the department of medicine? The rest of the hospital? What should be done about those problems?
Attachment:- Case - los reyes hospital.rar
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