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HCML872 Hospital costs vary greatly according to ownership, geographic location, and affiliation. Pretend that you are the chief executive officer (CEO) of a hospital in

HCML872

Hospital costs vary greatly according to ownership, geographic location, and affiliation.

Pretend that you are the chief executive officer (CEO) of a hospital in your town. Estimate the cost of a hospital admission, including direct and indirect costs.

Focus your discussion on the following:

  • What additional costs are necessary for an emergency room visit that leads to a hospital admission?
  • As the CEO, if your costs were to increase by 25%, what would you do to offset this cost?

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