OCR Text |
Show 5B Lakeside Review, Wednesday, July 8, 1987 Cost of running hospital high, says Davis director LAYTON Hospital patients often dont understand the big picture and the low profit mar- of a medical facility, gins accord- ing to Tim Beckett, the associate executive directorfmance at Humana Hospital Davis North. Considering the cost of hospitalization, it is understandable that some people think hospitals are making a financial killing, says Beckett. But a patient is not merely paying for the aspirin or the IV or the nursing service. The bulk of hospital expenses comes the in the fixed costs equipment and a available on a trained staff basis. Unlike most other businesses, a hospital cannot open and close at a certain hour. k We offer care and we must be prepared for emergency situations. Profit margins, he says, are approximately 8 percent, and, since Davis North is a privately-ownetaxpaying entity, about half of that profit is returned to the community in the form of taxes paying for government services. Adding to the fixed costs, the collection of insurance payments and financial recording for government medical programs account for a substantial payroll. If we could operate like a restaurant and have every patient write out a check at a cashiers window as they leave our facility, we could reduce a hospital bill by 25 percent, he notes. Beckett says one of the greatest changes in the hospital industry has been the dramatic increase in surgery. Five years surgeries acago, counted for only 20 percent of Davis North ' Ke Gabs operating in Layton 1 Fledgling company started with 'a lot of imagination' a LYNDIA GRAHAM Lakeside Review correspondent A cab company LAYTON has opened its doors in Layton to bring convenience to area residents;, P.M. Cab Company is located-with Telephone Marketing at 240- S. Fort Lane. The phone number is The, company is owned and operated by Hazel Duffy, Maurice Kenney, and Dave Wendell. . MrscDuffy said the business began with not much more than a city license and a lot of imagination, and has already grown into - 544-903- 8. cab and shopper service. The cabs are available on a basis. Pat Dowdle and Randy Jensen are P.M. Cabs drivers. Both bring a lot of driving experience to the service, according to Mrs. Duffy. She said the drivers are efficient and courteous in dealings with all customers. well-receiv- 24-ho- ur pick up and deliver children to or appointments or transport them in bad weather. Bar patrons who may not feel in shape to drive can call for a safe ride home. The cab will travel a 15 air mile radius. For a cab fare and a small additional fee the P.M. drivers will shop for patrons and deliver the purchases to them, according to lessons Mrs. Duffy. She said cabs are not only used Fast service is available by by people without cars but for phoning P.M. Cab Co., and cab convenience of those with trans- reservations can be made as portation. The P.M. Cab Co. will much as two weeks in advance. business. For Beckett, the private hospital industry is a challenge, one he was to meet. Born well-prepar- ed out-patie- nt d newly-purchas- ed 238-be- obstetri-calmatemi- ty cost-plu- 32-ye- ar out-patie- nt out-patie- fit in Hamilton, Ohio, he graduated the total at Davis North; in 1987, from Eastern Kentucky Universiabout 60 percent of surgical pro- ty and spent nearly four years cedures will be conducted on a with Touche Ross, one of the limited-sta- y basis, deBig 8 international accounting creasing the utilization of patient firms. He. later worked in the inrooms. ternal audit department of HuUtah hospitals are especially mana, Inc. before accepting a affected since the state traditionposition as assistant financial ally has recorded shorter hospital manager of Hupianas d stays, some two days less than the hospital in Annational average, a factor linked chorage, Alaska. to Utahs youthful population, The Alaska hospital had a lot the high number of of potential, but had normally cases and the fam- lost a lot of money, he says. The goal of the new Humana ily network allowing residents to return home sooner after hospital team was to apply a management care. style that would turn it around. The hospital industry has also Without such management, the been impacted by a reimbursecommunity would have lost the ment program for Medicare pa- hospital. tients. Instead of the traditional As profitability returned, Becks arrangement, hospitals ett accepted the new assignment now receive a specific amount of at Davis that North, a reimbursement per patient, gener- also freed him frompromotion the isolation ally regardless of the length of of the Alaska wilderness. stay or further medical complicaold Beckett curThe tions. One Davis North patient, for rently lives in Ogden with his instance, was admitted for treat wife and their two daughters. round-the-cloc- t for-pro- non-prof- percent.' 24-ho- ur Randy Jensen offering cab' service to Davis County residents. 1 Tim Beckett, Humana Hospital gy P.MljCab Company is operated by Hazel Duffy; with drivers Pat Dowdle (left) and ment of injuries suffered in an automobile accident, but complications led to a lengthy hospital stay with actual charges exceeding $100,000. Despite the additional costs, the hospital received only $ 5,000 from the government. What this means, says Beckett, is that the survival of a hospital depends on the efficiency and management of the entire opand eration. Both the it facilities must turn the a profit if they wish to stay in 'If we could operate like a restaurant and have every patient write out a check at a cashier's window as they leave our facility, we could reduce a hospital bill by 25 nt Basket Shack under new ownership New Crop ANNUAL FLOWERS Grand opening to begin July 13 Petunias, Reduced To $7? - SUNSET There has been an ownership change at the Basket Shack, 1007 N. Main, Sunset. Carol Hipwell and Becky Drys-dal- e now own and operate the business formerly managed for eight years by Bert and Donna Harmer. Marigolds, Impatiens, etc. 69 AH Hanging Baskets 10" Pot Thenew owners are both previous employees of the Harmers. A grand opening- is planned for July - 13-2- 5. Reg. $12.98 The Basket Shack continues to of baskets for both functional and decorative uses. Also'1 available are silk flowers, which, tan be purchased separately (tfjin arrangements. Ribbons and; seasonal holiday supplies complete the inventory. offer hundreds Most trade currently comes and the new owners hope to branch into commercial,' decorating as well. The Basket Shack is equipped to custoand design silk flower arrangements and baskets for wedding, offices, or other commercial settings. fronTwalk-in- MARIGOLDS $&99 w Per Solid Flat Full 72 eSEG'S GAHDIt s, 315 N. Main A new face in KAYSVILLE town belongs to Bill Jacobs, a registered representative of Edward D. Jones and Company. to Jacobs is going introduce himself and his company to area residents. Centered in St. tibiiis, Mo., the company has 1,200" offices nationwide. They specialize in conservative type investments. They do not deal in penny stocks, commodities or fudoor-to-do- or tures. Main investments the Edward D. Jones Company deals with include mutual funds, some stocks and bdnds, individual retirement accounts and KEOGS. We bring Wall Street to Main Street," said Jacobs. New owners of The Basket Shack in Sunset are Carol Hipwell and Becky Drysdale. change, Inc., and of Securities vestor Protection Corporation. s 33! Mi 19.99 i i i i 99 24.99 26 99 28.99 920575811 92157581! It has been in business since P15580R13 9325758 P1S5K411 35,000 Mila Warranty 21.99 3099 9175KM 973S7S61S WIS 2L P205TSBI4 2799 P21575fl1S 30.99 mirni 23 99 P2257SB1S 32.99 P1S5WI TSR P23S75015 33.99 X 1871 and now does business in small towns nationwide. It is expanding in the Intermountain West. There are five offices in Utah with three or four more pending. We stay away from risky things. If you cant sleep with your investments, dont have them, said Jacobs. pening lale! V ph. The new office of Edward D. He and his wife and three children are making their homme in Layton. Jones and Co., will soon be located in Kaysville. Jacobs may be contacted at his home office by calling 546-623- nisrais ratsrns n 7 1 c iir js 1S5913 1W13 IW4 HSt5 585W.'5o7r 1 PROVO en raw. si ramts rassm 913SW4 raws raws raws raws so ssjs GRAND CO V Michelint! 53 99 97I57S81S 51.99 ssk raws raws sir s;r 59.99 38" P18570HR13 4199 rawm raSWUSI sin rasoHHis55!t NS'swtis 47 raswns 4i99 P1S, sis sa 70HR14 a ra'swnss; rasews-ss- p BIAS tSOISITT rsiss'i SWISS'! 47" S6TT P20S75R15 BIAS RWL RADIAL 4399 i to is.si OFfROADRV 30" 7.00--1 OPENING raiiSUl 44 99 i ooms.si 4999 5099 iwissn S W4tS S'l 79 99 99 73.99 79.99 Lugs torqurt to cn.ngM tr.i High IMh M.I GUARANTEED lowest Prices Best Service Quality Tires (No Seconds, No Biema) IlSCOUNVlREri RADIAL RWL 38'tSORiS 99 IS 71 FREE CUSTOMER SERVICES: . Mourning, rel.lton., ,uf0 T, cn,,,., lo. lu. repair Mio I AH SPEED RATED 130 MPH 5S HEAVY DUTY TRUCK 6 SCOUN-CriRE- Town On ? 1330 N. State St. ISCOONUIR8C In Iikri.l;lli:w4,wi.ia raws. 97ISWI 47.99 49" P17570R13 raws rawsJi P20570SM4 4799 Lower! Pricer 37" Hu99r raw$si 42)9 or P18580R13 155R12 Road BOUNTIFUL FRF REPLACEMENT CERTIFICATE FLAT REPAIRS MOUNTINO ROTATIONS raws raws raws -- 921SW5R R 9115 '10813 18.99 8 ASK ABOUT OUR 50.000 Mile Warranty UTQG Rating 300 A8 tMICHEUM XH 30.000 Mil Warranty 175 W32099 1ISW1. 21 99 IK'WI. 2599 1WI 2599 9032 S. State St. 6180 Vine Wa 16100 S vn Same People, Seme Compeny, New Name. Discount Tires Sates Is Now: nn kfiJUSEOVHITELETTERlADUa! MIDVALE MURRAY HOLLADAY 36" raws tor "SILVER EUTDOIT P16580R13 STEEL METRIC RADIALS1 SANDY Main St. FREE CUSTOMER The planning commission has recommended that the City Council approve the request. 9785W5 tsr raws 1625 South Redwood Rd. 9. erty is formed by Holmes Creek All of the land in Laytons boundaries near the property is and the south border is the border line. currently zoned commercial. 2399 pusiwnj 399-112- 1 SALT LAKE SUGARHOUSE 2195 South Jacobs PK'Wm nwraw Come see our new high tech look. We appreciate your patronage. ROY SALT LAKE 5387 S. 1900 W. WEST VALLEY stock-brokeri- Bill 21" 1987 Washington ; CENERATIOM P15580R13 OGDEN 'w' DEV 40,000 Mile Warranty Weve Remodeled m Jacobs comes to the business with a business and accounting background. He has been investing since high school where he and some friends formed an investment club. The Payette, Idaho native attended Ricks College and BYU and served an LDS mission to Peru. The land is currently zoned agriculture and the property is petitioned for a commercial rezone. $19" 28 99 Kisrai! 21 WSffifM Hearing set on Layton rezone i H SCOUNTTlfl STEEL RADIAL WHITEWALLS P16560B13 HWIM13 1MO N Ctata SL JUNCTION, 2820 North A public hearing LAYTON will be. held Aug. 6 at 7:15 p.m. in theCity Council chambers to consider the rczoning of property located at 900 S. Main on the roads cast side. The north border of the prop mm m SCQUN GLASSBELTED WHITE W In- . Edward D. Jones and Co., is a member of New York Stock Ex- - Kaysville 546-361- 7 Investment advice provided Lakeside Review correspondent CENTER Summer Hours 9 a.m. to 6 p.m. wsc I m-select RUTH MALAN Count Individual Cells 3110 57 99 IMS'S (5 99 'ISR 1j.It 51 W5 50P15 31'ICSMS CUSTOM WHEELS TOO! HOURS: Mon.-Fr- i. Sat. 0:30-6:0- 0 6:30-5:0- 0 ISCOUNUTRE 65 99 69 99 75 99 7199 |