St.

Scholasticas College - Manila

S.Y. 2014 2015

A research on
Inter-industrial Physician Medical Services, Inc.

Submitted by:
ZAMORA, Patricia Nicole R.
3BSA

COMPANY PROFILE AND HISTORY

Inter-industrial Physician Medical Services, Inc. (IIPMSI) is an industrial clinic that

caters to the need of the patients whether on private capacity or as employees or dependents of
the company it serves.
Founded on July 1978, IIPMSI has earned the distinction of being one of the most
efficient and principled medical service-oriented companies in Manila. More than two decades
later, IIPMSI has continued to specialize in Industrial Medicine, utilizing the latest technologies
and facilities that benefit everyones needs.
Backed by a group of competent specialists and affiliated with numerous leading health
maintenance organizations, IIPMSI is the ideal company to go to for annual physical
examination, pre-employment, medical or city health requirements, company consultations and
even personal medical welfare. It is a duly accredited clinic of the Paranaque City Health
Department.
IIPMSI also prides itself for their strict standards in sample analysis and has maintained
the integrity of result turnout. Various clients, past and present, have attested to the accuracy,
efficiency and promptness of data resulting from the varied laboratory, medical and dental
examinations performed.
A virtual one-step medical services company, IIPMSI aims to continue providing quality
and competent services while continuing to grow strong as one of the pioneers in the medical
service community.
IIPMSI is a corporation headed by the president Dr. Renato Bernabe. It is managed by
her daughter, Dr. Maria Elena Bernabe-Palis.
IIPMSI is strategically located along San Antonio Valley 1 main road going to Paranaque
City Hall and is surrounded by various residential subdivisions and commercial establishments.
IIPMSI is 50 meters from Dr. A. Santos Avenue (Sucat Road) and behind JAKA Plaza, a
business establishment in Paranaque City.

FACILITIES AND SERVICES

1. X-ray
- The X-ray Department is staffed by licensed x-ray technologists under the supervision
of a Radiologist and/or a Physician. The department can perform various x-ray
examinations on all parts of the body such as chest, extremities, vertebrae, skull,
abdomen and etc. Special procedures such as Upper Gastro-Intestinal series, barium
enema, small bowel series and etc. can also be done. Apart from a 200MA x-ray
machine, IIPMSI also owns one portable x-ray machine and one air-conditioned
mobile x-ray van for service requirements done outside the clinic. Also, IIPMSI offers
1 ultrasound machine.
2. Laboratory
- The Laboratory Department is manned by licensed medical technologists under the
supervision of a chief Pathologist. It offers complete examinations for hematology,
microscopy, chemistry, parasitology, bacteriology, serology, histopath and the like.
Other services are also offered based on doctors orders and on a special arrangement.
In addition, IIPMSI is a drug testing center duly licensed by the Department of
Health.
3. Medical
- The Medical Department has doctors for consultation on diverse field of medicine
like Pediatrics and Family Medicine. Various services under this department include
electrocardiogram (ECG), pre-natal check-ups, well-baby immunizations and
vaccinations, ear piercing and irrigation, minor surgeries such as circumcision, mass
excision, incision and drainage, wound cleaning, suturing and dressing.
4. Dental
- The Dental Department is manned by a licensed Dentist using the latest equipment in
the field. This department offers oral prophylaxis both for adult and children, tooth
extraction, filling, jacket crown, dentures and root canal. Other services may also be
availed by appointment with the dental department.

SCHEDULES

1. Doctors Schedule
Pediatrician
Monday 10:00 AM 12:00 PM; 2:00 PM 5:00 PM
Saturday 10:00 AM 12:00 PM
Family Medicine
Monday to Friday 9:00 AM 12:00 PM; 1:00 PM 6:00 PM
Saturday 9:00 AM 12:00 PM
2. X-ray and Laboratory Schedule
Monday to Friday 8:00 AM 6:00 PM
Saturday 8:00 AM - 2:00 PM

PLANNING
IIPMSI has both long term plans and short term plans. Their long term plan is to expand
the clinic by adding another floor or two floors to their building since IIPMSI is only a onestorey clinic. They are planning to expand so that they would be able to add additional doctors
like ob-gyne, cardiologists and neurologists. They are also planning to add another dental clinic.
Their short term plan is to have a circumcision project during the summer vacation.
When it comes to planning costs, the company sets a budget for each department. They
only buy supplies as needed by each department which helps reduce inventory. With this, it helps
them save money because all supplies bought are used immediately.
When ask how to set up their cost per service, they only use an estimate for each cost
element. For example, the price of their urinalysis service is P75 pesos which comprises 30% as
the of supplies, 35% as the labor and professional fee, 10% utilities and other expenses, and 25%
as the mark-up. The accountant said that their goal is to have an average of 25% to 30% of
profit.
ORGANIZING
In organizing the companys plans and projections, they usually have an annual meeting
which is participated by the employees and doctors. Through this annual meeting, every member
gets a chance to be heard. They get to say their suggestions and comments for the years
operation and also be able to state the problems that they have encountered for the year.

CONTROLLING
IIPMSI uses the traditional way of costing products. They compute it by adding
the cost of supplies, expenses and labor. When asked how they compute for the price per service,
they only said that they add a mark-up ranging from 25% to 35% depending on the service
provided.
In choosing their suppliers, they select those who provide supplies in a low price that has
great quality. They also want the suppliers to give them terms in order for their cash flows to run
smoothly.
The way that they choose their suppliers is their way of controlling costs and they buy
supplies only as needed. However, there are discrepancies in the efficient controlling of their
costs and that is when some unexpected expenses rise beyond the companys control like the
sudden repair of equipment, service vehicle and other minor repairs in the clinic that disrupts the
daily operation. In achieving managements objectives which are short term plans and long term
plans, they find it hard to achieve completely.

ON ENVIRONMENTAL ACCOUNTING
Sadly, the company does not apply environmental accounting in any way nor do they
have any knowledge about it.

SUGGESTIONS
As a current cost accounting student, I can say that they can improve their costing into a
better costing system such as the activity based costing system. The activity based costing system
will be able to help them provide a more accurate overhead allocation and not only on the basis

of estimates. This will also give term a better cost per service which will prevent them from
having losses or inappropriately allocating costs to each department.
PHOTOS

Interviewed representative: Celia Manalo (Accountant)

Contact number: 826-41-17 / 09228215518
Email address: manalo.celia@yahoo.com

X-Ray Department

Laboratory Department