Question
A group of doctors operates a joint surgery. They are planning to provide a private clinic where minor surgery cn be performed on a day
A group of doctors operates a joint surgery. They are planning to provide a private clinic where minor surgery cn be performed on a day basis ( no overnight facilities will be offered). The project will require investment in a new building and operating theater. Three theater nurses will be required and three healthcare assistants will be employed. Admission will be dealt with by the existing medical secretaries. The fees charged will cover costs plus a profit percentage based on cost.
Identify the judgement and decisions to be made here. How management accounting may help in directing attention, keeping the score or solving problems?
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