Who was the CEO of Cameron Medical Center?
Fred Splient, M.D.
What caused the decline in admissions at the Cameron Medical Center?
The increase of seatbelt and helmet usage.
What was the estimated net cash flow for the entire project?
$1,500,000 per year
What does ALF stand for?
Assisted Living Facility
"It crossed Fred's mind that life might be more pleasant if the hospital Board approved an expansion of the Medical Center's campus to include an ________ ______ ________ .
Assisted Living Facility.
What is the main focus of Cameron Medical Center?
Inpatient and outpatient rehabilitation of the severely injured.
What was the estimated net income per unit/year for the new apartments?
$9,000 - $12,000
How many units would the Assisted Living Facility have?
Fred was an active member of the ______ generation.
"Sandwich" - simultaneously raising children and supporting their aging parents.
How many beds were in the Cameron Medical Center to begin with?
450
Fred estimated that the entire project construction would cost between....
$8,500,000 - $11,000,000
What date was the target opening for the ALF Project?
Fred appointed __ Board of Trustees members for his ALF project planning group.
2
What are the two initiatives that the Medical Center needed to focus its efforts on?
1. to be more cost-effective in the delivery of inpatient care.
2. to develop new programs and services.
What expenses were included in the estimated construction cost?
Cost of land, furnishings, and a sheltered connection to the hospital.
What team member was responsible for nursing, facilities, food services, and housekeeping?
Chief Operations Officer (COO).