• Mayo Clinic applies Lean principles in its hospital operations.
• Requirements:
  • Determine the Patient Waiting Time for the emergency room, where the average waiting time is 30 minutes and the department handles 300 visits per day.
  • Propose strategies to reduce Patient Waiting Time.
  • Discuss the impact of reducing Waiting Time on patient care and Lean healthcare practices at Mayo Clinic.
  • Present a table showing the financial impact of reduced Patient Waiting Time.

Metric	Calculation	Value
Patient Waiting Time	Average Waiting Time per Visit	30 minutes
Target Waiting Time	Reduced Waiting Time per Visit	X minutes
Financial Impact	Increased patient throughput and revenue	$Y
Impact on Balance Sheet	Potential reduction in receivables and liabilities	$Z