Subject category:
Finance, Accounting and Control
Originally published in:
2020
Length: 8 pages
Data source: Published sources
Abstract
This case study explores numerous challenges faced by the Nord Clinic in relation to profitability analysis. The Nord Clinic is a new low-cost private medical centre that aims to attract new patients who are unhappy with long waiting lists for surgeries. The founders of Nord Clinic are confident that competition would be good for the sector and that opening a new medical centre would encourage access to affordable health care. However, they are concerned about the cost structure (eg, fixed and variable costs) and the number of patients treated as those elements have a significant impact on the profitability and survival of the business.
Teaching and learning
This item is suitable for undergraduate and postgraduate courses.Featured company
Nord Clinic
About
Abstract
This case study explores numerous challenges faced by the Nord Clinic in relation to profitability analysis. The Nord Clinic is a new low-cost private medical centre that aims to attract new patients who are unhappy with long waiting lists for surgeries. The founders of Nord Clinic are confident that competition would be good for the sector and that opening a new medical centre would encourage access to affordable health care. However, they are concerned about the cost structure (eg, fixed and variable costs) and the number of patients treated as those elements have a significant impact on the profitability and survival of the business.
Teaching and learning
This item is suitable for undergraduate and postgraduate courses.Settings
Featured company
Nord Clinic