Page 10 - CIMA MCS Workbook February 2019 - Day 1 Tasks
P. 10

Chapter 3




                  CROWNCARE FAMILIARISATION








                  1 INTRODUCTION

                  It is absolutely crucial that you completely familiarise yourself with the pre‐seen information prior
                  to  attempting  the  Case  Study  exam.  Merely  reading  through  the  materials  is  unlikely  to  be
                  sufficient and it is also important that you consider which aspects of the three technical subjects
                  may be useful and relevant for the Case Study.
                  The exercises in the following three chapters will help you to gain a thorough understanding of
                  the Case Study scenario and ensure you are fully prepared to attempt the Practice Tasks later in
                  this Workbook.
                  Solutions to these exercises are provided but are not exhaustive. It is important that you attempt
                  the exercises yourself and makes notes of your answers before reviewing the solutions.


                  2 OVERVIEW OF PRE‐SEEN

                  Founded in 1947,initially by just two dentists, Crowncare took advantage of the development of
                  the Varentian Heath Service (VHS) which provided government funded health care, including
                  dentistry, to the residents of Varentia.

                  The business continued to grow steadily, by acquisition of other practices, over the ensuing
                  decades incorporating in 1980. Crowncare now has a current structure of 30 practises, employing
                  some 371 personnel (of which 105 are fully qualified dentists) with each practice having an
                  average of 5250 registered patients.

                  Increasing dissatisfaction with the treatment offered by the VHS during the 1990’s resulted in
                  Crowncare promoting the adoption of dental insurance (or a move to an alternative practice) and
                  by 1995 dental insurance had become the sole method that Crowncare was prepared to accept
                  new patients. Crowncare is now the largest dental practice in the area of Capital City its
                  catchment area.

                  Dentistry is a complicated, highly regulated profession with high academic entry and ongoing
                  training requirements. Excellence of service is also critical in this profession and Crowncare has
                  established an excellent reputation for quality of care. Dentistry is also a commercial business
                  however and as such there is a need for high levels of investment in the latest equipment,
                  technology across all aspects of the business, staff training and location. This investment is
                  required to ensure that the quality Crowncare offers is maintained, revenue continues to grow,
                  administrative processes monitor and control costs and as such both profitability and reputation
                  are maintained.

                  This highly competitive industry has recently been subject to further challenges from the external
                  environment e.g. those posed by new technology and the upsurge in cosmetic dentistry. This
                  clearly indicates a resultant opportunity for new product development and or service

                  KAPLAN PUBLISHING                                                                      7
   5   6   7   8   9   10   11   12   13   14   15