Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

An acute care hospital has found that having geriatric nurse specialist take charge of discharge planning for stroke patients reduces length of stays for 5.4 days to 5.2 days. On average the geriatric nurse specialist (who earns $27 per hour including fringe benefits) spends 3.3 hours on discharge planning per patient. Supply and telephone costs are less than $10 per discharge plan. Your accounting staff tells you the average cost per day is $860 and the incremental cost per day is about $340. Is this innovation financially attractive? Whether it is or not, what alternatives should the hospital consider?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92793076
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Economics

What is the role of local government leadership in assuring

What is the role of local government leadership in assuring that departments and divisions work together to achieve municipal goals and objectives?

A rainstorm in portland oregon wiped out the electricity

A rainstorm in Portland, Oregon, wiped out the electricity in 10% of the households in the city. Suppose that a random sample of 70 Portland households is taken after the rainstorm. Estimate the number of households in t ...

A report claims that for the investment portfolios with a

A report claims that for the investment portfolios with a single stock had a standard deviation of 0.57, while the returns for portfolios with 31 stocks have a standard deviation of 0.325. Explain how the standard deviat ...

Inc 409661 2796 pop sample size 400se 5458

INC = 40966.1 + 2.796 POP' sample size = 400 (se) (545.8) (.2796); R2 = .2468 1. Where INC is the income in millions of dollars and POP the population in millions of people. Provide an interpretation of the slope of the ...

If material hardness is normally distributed with a mean of

If material hardness is normally distributed with a mean of 42 and a standard deviation of 1. Specification limits for hardness are from 35 to 45. When the fraction defective is 0.0017 what is the corresponding PPM?

A media rental store rented the following number of movie

A media rental store rented the following number of movie titles in each of these catagories: 160 horrors, 242 drama, 114 mystery, 308 romance, and 134 comedy. If a person selects a movie to rent, find the probability th ...

What is marginal revenue for both perfect competition and

What is Marginal Revenue? For both Perfect Competition and Monopoly, explain the relationship between marginal revenue and demand.

From a random sample of 41 teens it is found that on

From a random sample of 41 teens, it is found that on average they spend 31.8 hours each week online with a standard deviation of 3.65 hours. What is the 90% confidence interval for the amount of time they spend online e ...

Here is some questions need helphow will each of the

Here is some questions need help How will each of the following changes in demand and/or supply affect equilibrium price and equilibrium quantity in the given market; that is, do price and quantity increase or decrease,  ...

Explain the key differences between the virtual value chain

Explain the key differences between the virtual value chain and a physical value chain. How can firms exploit the virtual value chain to gain a competitive advantage

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As