- Asante Teaching Hospital is the top ranked hospital in its region of South Africa, serving over 22,000 patients annually with 274 beds and 1652 staff. However, it receives no government funding and relies on patient payments and insurance.
- Courtney Young, an intern, was tasked with analyzing Asante's cost data and billing processes to make recommendations to simplify pricing and billing for patients, insurance companies, and the hospital's competitiveness.
- Asante's current billing system leads to high prices that vary for each patient, overwhelming discharge processes, and long insurance scrutiny times. Competitors offer simpler bundled pricing that is cheaper and easier to understand.
This was part of the solution that we suggested towards SCM & Operations case study competition Marico - Over the wall. However, the idea was not accepted we believe that this will make an impact.
Reliance Baking Soda is Stewart Corporation's oldest and most established product. The new Domestic Brand Director needs to create a 2008 marketing budget that delivers a profit increase of 10% over 2007 levels. She must first evaluate the effectiveness of past consumer and trade promotions and determine if a price increase will have net bottom line benefits. Then she must decide on the optimal allocation of her marketing budget, taking into account the brand's apparent "cash cow" role in the Household Division of Stewart Corporation. Students are expected to complete a quantitative assignment: create and defend a budget.
The opportunity to explore how a company uses the Capital Asset Pricing Model (CAPM) to compute the cost of capital for each of its divisions. The use of Weighted Average Cost of Capital (WACC) formula and the mechanics of applying it are stressed.
The Springfield Nor'easters:Maximizing revenues in minor league case analysis...Sameer Mathur
This presentation gives a detailed analysis on the Springfield Nor'easters case. Gives a detailed solution on ticket pricing and concession for the upcoming home matches in Springfield.
Case Study Analysis: Cineplex Entertainment: The Loyalty ProgramAkash Patil
65% Market share- Privacy, rental movies, etc.
Developing new markets: Live markets, wrestling matches, hockey games, etc.
Optimum Segmentation
Customer Relationship Management (CRM)
Profitable Segments: Teenagers, young adults, etc.
This presentation involves a detailed analysis of "The Springfield nor'easters:maximing revenues in minor leagues" and an appropriate pricing strategy for a breakeven in the first season.
Importance of financial counselling in hospital.pptxShwethaGeorge2
Hospitals are one of the most important socioeconomic activities that requires good efficiency and administration.
Patients' well-being is harmed when they face financial hardships while receiving treatment in a hospital
A financial counsellor provides financial counselling and help the patients regarding medical expenses.
The goal of this case study is to assess the value of financial counselling in healthcare industry.
Business Plan for Indian Health Care IndustryVenkatesh Kg
Business Plan in using SAAS in Health Care sector to improve customer retention & enhance new customer acquisition for multi-speciality hospitals in India.
This was part of the solution that we suggested towards SCM & Operations case study competition Marico - Over the wall. However, the idea was not accepted we believe that this will make an impact.
Reliance Baking Soda is Stewart Corporation's oldest and most established product. The new Domestic Brand Director needs to create a 2008 marketing budget that delivers a profit increase of 10% over 2007 levels. She must first evaluate the effectiveness of past consumer and trade promotions and determine if a price increase will have net bottom line benefits. Then she must decide on the optimal allocation of her marketing budget, taking into account the brand's apparent "cash cow" role in the Household Division of Stewart Corporation. Students are expected to complete a quantitative assignment: create and defend a budget.
The opportunity to explore how a company uses the Capital Asset Pricing Model (CAPM) to compute the cost of capital for each of its divisions. The use of Weighted Average Cost of Capital (WACC) formula and the mechanics of applying it are stressed.
The Springfield Nor'easters:Maximizing revenues in minor league case analysis...Sameer Mathur
This presentation gives a detailed analysis on the Springfield Nor'easters case. Gives a detailed solution on ticket pricing and concession for the upcoming home matches in Springfield.
Case Study Analysis: Cineplex Entertainment: The Loyalty ProgramAkash Patil
65% Market share- Privacy, rental movies, etc.
Developing new markets: Live markets, wrestling matches, hockey games, etc.
Optimum Segmentation
Customer Relationship Management (CRM)
Profitable Segments: Teenagers, young adults, etc.
This presentation involves a detailed analysis of "The Springfield nor'easters:maximing revenues in minor leagues" and an appropriate pricing strategy for a breakeven in the first season.
Importance of financial counselling in hospital.pptxShwethaGeorge2
Hospitals are one of the most important socioeconomic activities that requires good efficiency and administration.
Patients' well-being is harmed when they face financial hardships while receiving treatment in a hospital
A financial counsellor provides financial counselling and help the patients regarding medical expenses.
The goal of this case study is to assess the value of financial counselling in healthcare industry.
Business Plan for Indian Health Care IndustryVenkatesh Kg
Business Plan in using SAAS in Health Care sector to improve customer retention & enhance new customer acquisition for multi-speciality hospitals in India.
business model, business model canvas, mission model, mission model canvas, customer development, lean launchpad, lean startup, stanford, startup, steve blank, entrepreneurship, I-Corps, Stanford
Using simulation to drive changes in health and care - long term conditions Year of Care model
Bev Matthews and Claire Cordeaux
Presentation from Day 1 of the Health and Care Innovation Expo 2014, Manchester Central
World medical tourism and global health conference providing low cost child h...Gordon Otieno Odundo
7th World Medical Tourism and Global Healthcare Congress presentation to the 3rd Annual Medical Director Summit held on Sept. 21st during the Annual Congress. The Congress took place September 20th -24th 2014 at the Gaylord National Resort & Convention Center in the Washington, DC area. The esteemed presenters were CEOs and Healthcare Leaders from around the world who recognize the value of the event as the largest medical tourism event in the world where people come together for prearranged business to business meetings to maximize their ROI. The Summit gathered Chief Medial Officers and Medical Directors from top hospitals and insurance companies from around the world to collaborate and network regarding the challenges in providing quality healthcare and insurance to local and international patients, and allowed discussion with peers in other countries and learn best practices to strategically improve our organization’s planning. The presentation centered on Delivering High Quality, Low Cost Care at Scale through Primary Care : A case Study from Gertrude's Childrens' Hospital, Nairobi Kenya.Gertrude's Children's Hospital, Nairobi Kenya is the longest established paediatric hospital in East and Central Africa. The hospital is reaching out into peripheral clinics to offer child health services, vaccination and primary care. Seven day working, a shared record and IT for scheduling ensures that waiting times are very low and that continuity of care is maintained. In a competitive market forming an early relationship with children and their families is important and a well organised clinic, in a convenient location and staffed with skilled and well qualified professionals is an important part of this strategy. The model is very successful and won a Millennium Development Goal Award and is being copied by other providers in the country.
Employee Engagement: Your Tool for Tackling Heath Care CostsDigital Measures
Everyone is concerned about increasing health care costs. This interactive session will review the various triggers that drive health care and insurance costs and cover the major communication and engagement strategies that companies use to reduce their trend. Case studies to be discussed include wellness, employee engagement and communication, benefit plan design and consumerism. Successful benefit incentive programs that support communication programs and have a quantifiable return on investment will also be discussed.
Welcome to WIPAC Monthly the magazine brought to you by the LinkedIn Group Water Industry Process Automation & Control.
In this month's edition, along with this month's industry news to celebrate the 13 years since the group was created we have articles including
A case study of the used of Advanced Process Control at the Wastewater Treatment works at Lleida in Spain
A look back on an article on smart wastewater networks in order to see how the industry has measured up in the interim around the adoption of Digital Transformation in the Water Industry.
Forklift Classes Overview by Intella PartsIntella Parts
Discover the different forklift classes and their specific applications. Learn how to choose the right forklift for your needs to ensure safety, efficiency, and compliance in your operations.
For more technical information, visit our website https://intellaparts.com
Saudi Arabia stands as a titan in the global energy landscape, renowned for its abundant oil and gas resources. It's the largest exporter of petroleum and holds some of the world's most significant reserves. Let's delve into the top 10 oil and gas projects shaping Saudi Arabia's energy future in 2024.
Sachpazis:Terzaghi Bearing Capacity Estimation in simple terms with Calculati...Dr.Costas Sachpazis
Terzaghi's soil bearing capacity theory, developed by Karl Terzaghi, is a fundamental principle in geotechnical engineering used to determine the bearing capacity of shallow foundations. This theory provides a method to calculate the ultimate bearing capacity of soil, which is the maximum load per unit area that the soil can support without undergoing shear failure. The Calculation HTML Code included.
HEAP SORT ILLUSTRATED WITH HEAPIFY, BUILD HEAP FOR DYNAMIC ARRAYS.
Heap sort is a comparison-based sorting technique based on Binary Heap data structure. It is similar to the selection sort where we first find the minimum element and place the minimum element at the beginning. Repeat the same process for the remaining elements.
We have compiled the most important slides from each speaker's presentation. This year’s compilation, available for free, captures the key insights and contributions shared during the DfMAy 2024 conference.
Hierarchical Digital Twin of a Naval Power SystemKerry Sado
A hierarchical digital twin of a Naval DC power system has been developed and experimentally verified. Similar to other state-of-the-art digital twins, this technology creates a digital replica of the physical system executed in real-time or faster, which can modify hardware controls. However, its advantage stems from distributing computational efforts by utilizing a hierarchical structure composed of lower-level digital twin blocks and a higher-level system digital twin. Each digital twin block is associated with a physical subsystem of the hardware and communicates with a singular system digital twin, which creates a system-level response. By extracting information from each level of the hierarchy, power system controls of the hardware were reconfigured autonomously. This hierarchical digital twin development offers several advantages over other digital twins, particularly in the field of naval power systems. The hierarchical structure allows for greater computational efficiency and scalability while the ability to autonomously reconfigure hardware controls offers increased flexibility and responsiveness. The hierarchical decomposition and models utilized were well aligned with the physical twin, as indicated by the maximum deviations between the developed digital twin hierarchy and the hardware.
NO1 Uk best vashikaran specialist in delhi vashikaran baba near me online vas...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
Immunizing Image Classifiers Against Localized Adversary Attacksgerogepatton
This paper addresses the vulnerability of deep learning models, particularly convolutional neural networks
(CNN)s, to adversarial attacks and presents a proactive training technique designed to counter them. We
introduce a novel volumization algorithm, which transforms 2D images into 3D volumetric representations.
When combined with 3D convolution and deep curriculum learning optimization (CLO), itsignificantly improves
the immunity of models against localized universal attacks by up to 40%. We evaluate our proposed approach
using contemporary CNN architectures and the modified Canadian Institute for Advanced Research (CIFAR-10
and CIFAR-100) and ImageNet Large Scale Visual Recognition Challenge (ILSVRC12) datasets, showcasing
accuracy improvements over previous techniques. The results indicate that the combination of the volumetric
input and curriculum learning holds significant promise for mitigating adversarial attacks without necessitating
adversary training.
CW RADAR, FMCW RADAR, FMCW ALTIMETER, AND THEIR PARAMETERSveerababupersonal22
It consists of cw radar and fmcw radar ,range measurement,if amplifier and fmcw altimeterThe CW radar operates using continuous wave transmission, while the FMCW radar employs frequency-modulated continuous wave technology. Range measurement is a crucial aspect of radar systems, providing information about the distance to a target. The IF amplifier plays a key role in signal processing, amplifying intermediate frequency signals for further analysis. The FMCW altimeter utilizes frequency-modulated continuous wave technology to accurately measure altitude above a reference point.
Industrial Training at Shahjalal Fertilizer Company Limited (SFCL)MdTanvirMahtab2
This presentation is about the working procedure of Shahjalal Fertilizer Company Limited (SFCL). A Govt. owned Company of Bangladesh Chemical Industries Corporation under Ministry of Industries.
Hybrid optimization of pumped hydro system and solar- Engr. Abdul-Azeez.pdffxintegritypublishin
Advancements in technology unveil a myriad of electrical and electronic breakthroughs geared towards efficiently harnessing limited resources to meet human energy demands. The optimization of hybrid solar PV panels and pumped hydro energy supply systems plays a pivotal role in utilizing natural resources effectively. This initiative not only benefits humanity but also fosters environmental sustainability. The study investigated the design optimization of these hybrid systems, focusing on understanding solar radiation patterns, identifying geographical influences on solar radiation, formulating a mathematical model for system optimization, and determining the optimal configuration of PV panels and pumped hydro storage. Through a comparative analysis approach and eight weeks of data collection, the study addressed key research questions related to solar radiation patterns and optimal system design. The findings highlighted regions with heightened solar radiation levels, showcasing substantial potential for power generation and emphasizing the system's efficiency. Optimizing system design significantly boosted power generation, promoted renewable energy utilization, and enhanced energy storage capacity. The study underscored the benefits of optimizing hybrid solar PV panels and pumped hydro energy supply systems for sustainable energy usage. Optimizing the design of solar PV panels and pumped hydro energy supply systems as examined across diverse climatic conditions in a developing country, not only enhances power generation but also improves the integration of renewable energy sources and boosts energy storage capacities, particularly beneficial for less economically prosperous regions. Additionally, the study provides valuable insights for advancing energy research in economically viable areas. Recommendations included conducting site-specific assessments, utilizing advanced modeling tools, implementing regular maintenance protocols, and enhancing communication among system components.
NUMERICAL SIMULATIONS OF HEAT AND MASS TRANSFER IN CONDENSING HEAT EXCHANGERS...ssuser7dcef0
Power plants release a large amount of water vapor into the
atmosphere through the stack. The flue gas can be a potential
source for obtaining much needed cooling water for a power
plant. If a power plant could recover and reuse a portion of this
moisture, it could reduce its total cooling water intake
requirement. One of the most practical way to recover water
from flue gas is to use a condensing heat exchanger. The power
plant could also recover latent heat due to condensation as well
as sensible heat due to lowering the flue gas exit temperature.
Additionally, harmful acids released from the stack can be
reduced in a condensing heat exchanger by acid condensation. reduced in a condensing heat exchanger by acid condensation.
Condensation of vapors in flue gas is a complicated
phenomenon since heat and mass transfer of water vapor and
various acids simultaneously occur in the presence of noncondensable
gases such as nitrogen and oxygen. Design of a
condenser depends on the knowledge and understanding of the
heat and mass transfer processes. A computer program for
numerical simulations of water (H2O) and sulfuric acid (H2SO4)
condensation in a flue gas condensing heat exchanger was
developed using MATLAB. Governing equations based on
mass and energy balances for the system were derived to
predict variables such as flue gas exit temperature, cooling
water outlet temperature, mole fraction and condensation rates
of water and sulfuric acid vapors. The equations were solved
using an iterative solution technique with calculations of heat
and mass transfer coefficients and physical properties.
1. Case Study
On
Asante Teaching
Hospital
Presented By:
Aniket Mandavkar (2207004)
Armaan Gupta (2207007)
Dhananjay Patwari (2207011)
Malyaj Kaushal (2207017)
Nilesh Nikhade (2207019)
Puneet goyal (2207023)
2. Courtney Young was
undergoing an internship at
Asante Teaching Hospital
She had to organize the cost
data she had gathered from
staff interviews into clear
recommendations for the CEO
CEO, a professional CA with
specialization in Cost Control,
recruited in 2013 from a For-
Profit Hospital
Introduction
3. Served
community
for 40 years
Official visiting
facility for
visiting
President &
Prime Minister
Top ranked hospital in
region for surgery,
trauma, neonatal care
& teaching
274 Beds
1652 Staff
Served over
22,000
patient each
year
Annual Budget of
over R378 Million
Johannesburg
4.4 Million
Including
Metropolitan Area
7.8 Million
Including Outer Suburbs &
Townships
10.3 Million
Salient Features Asante
Teaching Hospital
Information about Asante
Teaching Hospital
Population
Demographics Growth in the middle class had been strong in the decade
City & Townships were economically varied with average
GDP of R249,900
The city’s middle class had grown rapidly
100% funding from
private foundation
A not-for-profit
body with
charitable mission
As no government
support, patient paid
bills through a
combination of
insurance coverage &
out-of-pocket payments.
If patients were unable
to afford services, they
could apply for
coverage under
Asante’s Patient
Welfare Program
5. ASANTE 1. Non-Profit
2. Needed to survive
independently
3. Any surplus from one
department was used to offset
care in another department
4. Asante was the only hospital
that offered single rooms to
patients for an additional fee
5. Privacy was a core driver of
perceived luxury
6. Asante’s higher prices could be
justified by its premium level of
care
7. Insurance providers often
scrutinized and debated its long
bills before mothers could be
discharged
COMPETITOR
1. For-profit
2. Raise capital from investors to
expand
3. Earn profits from operations to
pay dividends
4. All competitors except St.
Luke’s: Operating efficiently, with
four patients per room
5. Less appealing (except St.
Luke's) to the growing demand
for privacy among maternity ward
patients.
6. Cheaper services with fewer
variations in price. Lower quality
of care and fewer perks in terms
of comfort, such as enhanced
privacy for mothers
7. All but Johannesburg Hospital
offered bundled pricing for labour
with no complications
6. Existing Billing System
• Prices at Asante ranged from R13,912 to R19,917 for a
natural birth
• Much of the cost was covered by insurance
• Expectant parents at Asante had no certainty regarding the cost of a
birth
• Costs were broken down in final discharge > overwhelming for patients
• Wait for hours at discharge for insurance clearance
• Overwhelming billing procedure at discharge for new parents
• Significant financial strain on patients
• While Asante’s higher prices could be justified by its
premium level of care
• insurance providers often scrutinized and debated its
long bills before mothers could be discharged.
Cost
Patient’s
Concerns
Insurance
Company
7. 1. Asante- best hospital in S. Africa
•2. Loan-free Operations
•3. Single room service
•4. Experienced team
1. Negligible support from the Government
•2. Difficulty in raising funds
•3. Difficulties & Problems in Billing Process
•1. Simplify the pricing model & to be more
competitive to other hospitals
•2. Tapping the high potential
Johannesburg middle class people
•3. Growing Demands
•1. Competitors are cheaper & fewer
variations
•2. Other players can raise higher funds to
expand due to profit-making the
organization
•3. Better parts of the city have better
hospitals with advanced & latest equipment
SWOT
STRENGTH WEAKNESS
THREATS
OPPORTUNITY
8. Pricing
Strategy
Recommendations
• Single bundled
price for all natural
birth deliveries
• Three bundled
prices
• The status quo
Steps
• Identify the cost
drivers
• Determination of
total Overhead Cost
• Applying Cost
Drivers to the total
cost
• Length of Stay
• Registration time
11. Competition
Most of the competitors were offering bundled prices for the
maternity ward.
Customer Concerns related to
the billing process
The stress and disappointment that their birth cost more than
expected was often upsetting to parents, even when much of
the cost was covered by insurance.
Costs were broken down in dizzying detail upon final discharge
and this meticulous compilation led to patients waiting during
delivery.
Insurance Providers
Insurance providers scrutinized its long bills and took longer
time for it.
Insurance providers naturally appreciated low costs but also
preferred bundled pricing because of its simplicity.
Challenges in
Asante Hospital
12. Comparative Study
S.No. Challenges Status Quo Triple-bundle Single-Bundle
1 Competition
1.2 Bundled Prices Not Offering Offering Offering
2 Customer Concerns related to billing process
2.1 Bill amount clarity in advance
Not very
Clear
Clear Clear
2.2 Customers Waiting Time High Low Low
2.3 Bill Complexity High Low Low
3 Insurance Providers
3.1 Bill Scrutiny time High Low Low
3.2 Insurance Payment clearing time High Low Low
14. Price Recommendations
for Level 1
S. N. Challenges Triple-bundle Single-Bundle
1 Price Difference w.r.t. Status Quo -5% +2%
2 Price hike justification Not Applicable Not Available
3 Customer Preference
Comfortable to pay
quoted price
Apprehensive to
pay higher price
4 Price Low High
5
Price Difference w.r.t. Competitor
(St. Luke’s)
5.58% to 0.55% 5.58% to 8.11%
15. Price Recommendations for Level 2
Note: Patient base is only 5%
Price Drop
Status Quo to Triple Bundle 10%
Status Quo to Single Bundle 16%
16. Price Recommendations for Level 3
1.Number of such
cases is only 8% of
total admissions
1.Involves most
complications (Such as
Fetal Distress etc.)
1.Can’t be predicted
prior to admission to
the hospital.
1.Such urgent
scenarios require more
resources and fast
action.
1.Priority during such
scenarios is safe
childbirth, irrespective
of expenditure.
17. Triple bundle model is proposed.
Triple bundle price will simplify and fasten
the billing & checkout process
Triple bundle price option allows patients
to get an upfront idea on expected cost
Ease of insurance claim scrutiny and faster
settlement of insurance claims
Bundle pricing will ultimately boost customer
satisfaction.