ASU Productivity Recognition And Improvements In Healthcare Case Study
Description
Question 1 and 2 – Read case study and describe the requirement
(Cases attached in document)
Question 3: – Productivity calculation and justification
A medical company medical record search firm is contemplating using online software to increase its search productivity. Currently, an average of 40 minutes is needed to do a title search. The researcher’s cost is $2 per minute. Clients are charged a fee of $4000. Company A’s software would reduce the average search time by 10 minutes, at a cost of $3.50 per search. Company B’s software would reduce the average search time by 12 minutes at a cost of $3.60 per search. Which option would have the higher productivity in terms of revenue per dollar of input?
Compute each option’s productivity.
Justify your option selection by comparing each option’s productivity.
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