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Dr. M. L. Dhawale Trust Hospital - Towards Sustainability

Accounting and Control, Finance, Strategy

Reference: IVEY-9B10B010-E
Year: 2008
Number of pages: 14
Geographic Setting: India
Publication Date: Sep 9, 2010
Source: Ivey Business School (Canada)
Type of Document: Case
Industry Setting: Health Care Services; Social Advocacy Organizations;

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Description

This case deals with a rural charitable homeopathic hospital in the state of Maharashtra, India, set in the year 2008. The hospital, Dr. M. L. Dhawale Memorial Trust's Rural Homeopathic Hospital, is one among many clinics and hospitals run by the Dr. M. L. Dhawale Memorial Trust (MLDT). Dr. Navin Pawaskar, the head of the hospital, has to make recommendations to the management team to improve the profitability of the hospital and be financially sustainable. He has findings and data from a field study done by management students of S. P. Jain Institute of Management and Research, Mumbai, India. The study involved a preliminary costing exercise of the various services offered in the hospital. The data from the costing exercise must now be analyzed to arrive at actionable conclusions.

Keywords

Break-even analysis contribution analysis Financial strategy Management accounting Sustainability