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A £30m payment to put right a problem with product quality and lower services volume will reduce revenue and profit at Rolls's marine business.
"At a business level, we maintain guidance except in marine, where we now expect a reduction of around 10% in profit and revenue compared to 2013, caused by the one-off charge and lower services volume," it said.
These results suggest that higher services volume may be an important determinant of higher efficiency for CM.
The hospital was shut down during April 2003, and therefore the study collected the services volume from every April to next March.
Services volume expressed as "patient-quarters of CM delivered" was tabulated from standardized quarterly reporting forms compiled by Case Manager Supervisors.
The hospital's patient volume is measured by adjusted days: Adjusted days are calculated as total actual inpatient days plus estimated equivalent inpatient days related to outpatient services volume using the AHA methodologya.
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Services volumes for outpatients and inpatients were still significant different (p < 0.05).
This indicates that observed economies of scale are not only due to the spreading of fixed costs over larger services volumes, but that higher service volumes are associated with higher staff productivity.
The primary goal of the analysis was to estimate changes in monthly health services volumes after the program by the IDI was initiated.
Distribution of revenues among physicians is not solely based on service volume.
To calculate the association between Medicare payment and service volume for 6 commonly performed glaucoma procedures.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com