Cavalier Hospital
Year: 2017
Type: article
Abstract: A midsize community hospital must choose a strategy to compete with an expanding regional rival. The strategy, focused on acquiring patient volume, includes expanding investment into integrated care, setting the reimbursement structure for revenue collection, and moving to a capitation-based payment system. The case presents an evaluation of revenue models to select that which best supports a given business strategy.This case is designed to introduce a health care audience to financial analysis. It provides a straightforward introduction to hospital financial-statement ratio analysis and hospital operating statistics, so it can also serve to introduce any audience with a business or medical background to hospital finance. Excerpt UVA-F-1696 Rev. Mar. 26, 2014 CAVALIER HOSPITAL Chief Complaint: Preparing for the Board Meeting Dr. William Harrison, a cardiologist prominent in the community, peered over the balance sheets and income statements in Cavalier Hospital's annual report for 2010. Due to his role as the director of the recently opened Rotunda Cardiovascular Center, Harrison had been promoted to Cavalier Hospital's board of directors, whose next meeting was two weeks away. Harrison was hoping to bring himself up to speed on the hospital's overall financial condition. Past Medical History: Cavalier Hospital . . .
Source: Darden Business Publishing Cases
Authors: Michael J. Schill, Kenan W. Yount
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W4243514397