Which of the variances below are positive and which ones are negative? What does the director need to report to senior leadership as to what has happened and why, and what she is doing to make appropriate adjustments?

Calculating Variance in Healthcare

1. The invasive radiology department has just purchased a piece of equipment, which enables them to be able to perform many of their procedures faster. One of the results of this improvement is that they are able to schedule 20% more cases on an average weekday. During the preplanning of this improvement, the director of short stay was not included and was told her staffing needs might increase by 10%. After the first month of the use of the new equipment, the short stay unit had variances as seen below.

Which of the variances below are positive and which ones are negative?

What does the director need to report to senior leadership as to what has happened and why, and what she is doing to make appropriate adjustments?

Volume (patients) 1,000 1,200 200 Overtime hrs (staffing) 50 75 25 Supplies 5,000 5,100 100

 Marketing Question

Write a one-page paper with your opinions of the chosen concept for the restaurant you studied. The brand as a whole — their purpose, positioning, voice, look, and consistency along with good quality food and outstanding service — is what makes up a memorable experience and a great restaurant that attracts customers and keeps them coming back.

What are your impressions?

What are their strengths and weaknesses?