Hospital Costs
Hospital costs vary greatly according to ownership, geographic location, and affiliation.
Pretend that you are the chief executive officer (CEO) of a hospital in your town. Estimate the cost of hospital admission, including direct and indirect costs.
Focus your discussion on the following:
What additional costs are necessary for an emergency room visit that leads to hospital admission?
As the CEO, if your costs were to increase by 25%, what would you do to offset this cost?