Question: 1 7 . 1 0 Constructing another Pareto chart. A large hospital finds that it is losing money on surgery due to inadequate reimbursement by

17.10 Constructing another Pareto chart. A large hospital finds that it is losing money on surgery due to inadequate reimbursement by insurance companies and government programs. An initial study looks at losses broken down by diagnosis. Government standards place cases into diagnostic-related groups (DRGs). For example, major joint replacements are DRG 209. Here is what the hospital finds:
\table[[DRG,Percent of losses],[104,5.2],[107,10.1],[409,7.7],[116,13.7],[148,6.8],[209,15.2],[403,5.6],[430,6.8],[462,9.4]]
What percent of total losses do these nine DRGs account for? Make a Pareto chart of losses by DRG. Which DRGs should the hospital study first when attempting to reduce its losses?
1 7 . 1 0 Constructing another Pareto chart. A

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!