Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.

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

Related