Calabash Community Hospital Case Study - Accounting and Finance Assignment Help

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Assignment Task

 

AsR. D. Scott left work on a Friday in early December 2019, itseemed like a perfect evening inCalabash, SouthCarolina.The temperaturewas70degrees,the smell ofLizard’sThicketfriedchickenwaswaftinginthe air,andScottwasonhiswaytocheer onhis almamater’sClemsonTigers astheytookon theVirginiaCavaliers for a football conference championship. But then as he viewed the grassy field just beyond the parking lot— the site for a potential new facility—Scott was reminded of the drama of that morning’s meeting.

 

The Community

The city of Calabash was the county seat of rural Babcock County, South Carolina, located on the Great Pee Dee River. The local economy had diversified from a largely agricultural basis to a center of various manufacturing, commerce, and transportation industries. The population age distribution was 20% under the age of 18, 28% from 18 to 24, 27% from 25 to 44, 15% from 45 to 64, and 10% 65 years of age or older. The median age was 26 years. The median household income in the city was $27,408, and the median income for a familywas $43,915.About 26%ofthe householdswerebelowthe poverty line,including 24%of people under 18 and 23% of those aged 65 or over.
 

TheacutehealthcareneedsoftheBabcockCountypopulationof69,000were largelyservedthroughCCH, a locally owned, not-for-profit community hospital with 365 beds. The hospital also operated a home health agency,twourgentcarefacilities,ahospiceservice,and18localmedicalpractices.Therewerenootherhospital facilities in the county, but the local population did frequent other hospitals in the state, including the major research hospital 90 miles away in Columbia. The county population wasfairly stable, with negligible recent historical or expected population growth.

 

 

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