Question: answer 1 and 2 the information is provided in the paragraph not wordy Case Analysis: M and M Nursing Home The population around M &
answer 1 and 2
the information is provided in the paragraph
"not wordy"
Case Analysis: M and M Nursing Home The population around M & M has an average income of $50,000. Most residents of the community are employed in several manufacturing facilities or one of the many retail and service industries. Ten nursing homes operate in the area. Five corporations are chartered in other states Five, including M and M. are locally owned Market share for the ten ranges from 5% to 25% Market share for M & Mis 10%. Market share for the other locally owned homes is about 10% each. Beds number from 20 to 80 per each of the ten homes. Stock prices for the homes chartered outside the community is comparable to other stocks. There has been no pay increase in five years at M & M, but management earned a 20% raise each of those years. Fifty percent of the managers for M & M are Caucasian women. The clinical employees are composed of 40% African-American, 20% Hispanic and 40% Caucasian. The clinical staff are 80% women. The governing board of directors is composed of ten men and five women. Usual incidents of abuse and neglect or other harm to patients at M & M runs 5 per month average for the group. The group range runs two to ten per month The Board of Health inspections at M & M have revealed no serious quality issues, but the other four locally owned homes have been cited for serious quality violations. Employee turnover for M and M is 5% Average employee turnover for the others is 10% Human Resources for & M reports two factors have made recruiting and keeping staff has been their greatest challenge. The state has recently enacted a law that requires a higher staff to resident ratio. The state has also enacted controversial laws that some suggest intend to discourage undocumented immigrants from coming to or staying in the state. Already some documented immigrants have left their jobs at M & M to leave the state due to harassment, being regularly stopped to show identifications, and receiving threats of violence against them and their families. One of the other locally owned homes is asking to merge with M&M The owners are seeking to retire from the nursing home These figures are from the records of M and M and the average of the other nine homes in the area: 2019 2020 M and M Average M and M Average Revenue 2,500,000 2,000,000 2,200,000 2,000,000 Expenses 1,900,000 1,900,000 2,000,000 1,800,000 Number of employees Management 80 90 90 60 Clinical, etc 160 180 140 150 M&M 2020 2019 2018 Current Assets $452, 113 180 200 360,000 Current Liabilities 310,812 190 400 260,498 M & M 2020 2019 2018 Current Assets $452,113 180 200 360,000 Current Liabilities 310,812 190,400 260,498 Current ratio 2020 industry standard 2.2 Questions to address: 1. Write a brief paragraph that responds to these questions (yes or no is not adequate): Are the revenues and expenditures acceptable? Are they trending in the right direction? How does M&M compare with the other organization? What is the current ratio for 2020? 20197 2018? What is this trend? How does the current ratio compare with the industry standard? What threat or opportunity does this indicate about paying its bills? 2. Create a SWOT for M&M. This case has about 12-15 items that can be created under the SWOT categories, depending on how they are written