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Your team of employees and you are working on a big project for the hospital's chief financial officer (CFO). Together, you will develop a system to justify the full-time employees of the laboratory department.

Decide how many hours during the week the department must be staffed to fully operate.

find out, using one of the FTE formulas to justify, how many full-time employees are necessary. Assume that the full-time employees will work five 8-hour shifts. The minimum amount of employees per shift is: 1 pathologist, 2 laboratory technologists, and 1 front office person.
Provide details as to the services the laboratory offers and the revenue it can generate for the hospital to help the CFO put this information into perspective.
Provide a cost analysis of the day-to-day operation expenses of the department.
Analyze cost using the cost classifications of direct versus indirect and flexible/variable/semivariable.

Combine the information into a PowerPoint slide presentation.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M927412

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