1000+ documents containing “healthcare management”.
Health Care Management:
In light of the circumstances in the current health care system, health care organizations need to continue enhancing their operating performance, particularly in improving patient outcomes and satisfaction. This objective can be achieved through adopting best practices for health care organizations based on several competencies such as establishing the right kind of governance, enhancing coding compliance, focusing on patient-oriented care, and elimination unnecessary differences. An example of a best-practice health care organization is Capella Healthcare, which was recently named among the 40 fastest growing healthcare organizations based on revenue growth.
Capella Healthcare was founded in 2005 and has grown to become a national leader in the development and operation of healthcare organizations. This organization was founded by experienced healthcare professionals with the goal of offering medical, operational, and financial expertise to community healthcare facilities in order to make positive contributions to the local health environment ("About Us," n.d.). The….
"About Us." (n.d.). Capella Healthcare. Retrieved February 26, 2014, from http://www.capellahealth.com/about-us/
Herman, B. (2012). Size Matters: How Capella Healthcare Executes its Development Strategies.
Retrieved February 26, 2014, from http://www.beckershospitalreview.com/hospital-transactions-and-valuation/size-matters-how-capella-healthcare-executes-its-development-strategies.html
Health Care Management
There is both cohesiveness and autonomy within Samaritan Medical Center and its affiliates, which primarily include long-term care facility Samaritan Keep Home, assisted living community Samaritan Summit Village, and both Samaritan Auxiliary and Samaritan Medical Center Foundation of Northern New York, Inc. (Samaritan, 2014). Samaritan Medical Center is the principle organization in this collective and provides a variety of inpatient and outpatient health care services to both the military and the civilian communities within upstate New York. The organizational structure includes a top down approach which is led by a respective Board of Trustees for each of the preceding five organizations. Board members have specific positions including chairperson, secretary, treasurer, and others, and are responsible for governing the administration team which implements the directives and general direction denoted by the board members. The administration team for Samaritan Medical Center includes heads of all the major areas of health….
Samaritan Health. (2014). Administration. www.samaritanhealth.com. Retrieved from http://www.samaritanhealth.com/about-us/administration
Samaritan Health. (2014). Boards of trustees. www.samaritanhealth.com. Retrieved from http://www.samaritanhealth.com/about-us/boards-of-trustees
Samaritan Health. (2014). Our story and mission. www.samaritanhealth.com. Retrieved from
That there is a high level of preparation, but that this level is not considered enough, is something that calls attention to how serious the problem of bioterrorism is. It can be almost impossible to deal with a situation like that because most areas of the country simply cannot marshal the resources necessary to treat the numbers of potential victims.
The question also calls attention to another issue, which is the role that government agencies play in health care. There are a lot of agencies involved, and the level of coordination that is required is intense. Government is in a unique position to bring all the different stakeholders together to address the problem, but at the same time government is complicated by all of the agencies, overlapping jurisdictions and lack of established communication channels. So this question was interesting and the research I conducted was informative.
The second question wasn't as….
CDC. (2012). Bioterrorism overview. Center for Disease Control. Retrieved September 25, 2012 from http://www.bt.cdc.gov/bioterrorism/overview.asp
CDC (2012, 2). Preparation and planning for bioterrorism emergencies. Center for Disease Control. Retrieved September 25, 2012 from http://emergency.cdc.gov/bioterrorism/prep.asp
Courtney, B., Toner, E. & Waldhorn, R. (2009). Preparing the healthcare system for catastrophic emergencies. Biosecurity and Bioterrorism Vol. 7 (1)
AHA. (2012). Hospitals and care systems of the future. American Hospital Association. Retrieved September 26, 2012 from http://www.aha.org/about/org/hospitals-care-systems-future.shtml
Health Care Management
The financial pressure points faced by firms in the health care business can be determined by looking at the flow of funds diagram. In this diagram, the health care organization sits in the middle, and as a result acts almost as a conduit or intermediary between different entities. Funds come into the health care organization from third party payers, and go out to suppliers and employees. There are other pressure points as well, however, wherever intermediaries exist.
One such pressure point is with the third party payers. They take in money from patients and employers, and disperse it to health care organizations and to physicians. They earn their profit on the difference between what they take in and what they pay out. This makes the third party payers a key pressure point, since not only do the people that pay them want to pay less, but the people they….
6. Universal Health Services in the company for which I have obtained the 10-K, for the fiscal year of 2011. The customer base depends on how one views the issue, as there are two types of customers -- the end user (patients) and the payers (usually third-party). Hospitals of different types provide 55% of the company's revenues; behavioral centers provide 45%. The largest payer is commercial insurance, followed by private pay, Medicare and Medicaid respectively.
The best place to find out about the company's cash flows is in the Consolidated Statement of Cash Flows. This details that the company's cash flow from operations was $718 million last year. It spent $285 million on investing activities, primarily in the acquisition of new property and equipment. Such investments are the norm for the company. Financing activities cost the company $420 million last year. Most of this was in the repayment of debt. The previous year, the company borrowed $3.2 billion, giving it a surplus of $1.7 billion in cash flow from financing activities.
There is a lot description in the 10-K of the different risks that the company faces. There is considerable discussion of context in terms of the economy and market, and in terms of the legal context as well. Numerous laws that affect the company's business are given discussion in the 10-K form. Returns are on the income statement, but need to be calculated by the reader based on the figures in the income statement and balance sheet (so return on assets or return on equity will reflect both of those statements).
The ureau of Labor Statistics expresses that the profession of healthcare management is experiencing rapid growth, which can mainly be attributed "to the expansion and diversification of the healthcare industry"[footnoteRef:1]. Employment of health service and medical managers is expected to grow by a massive 16% between 2010 and 2018. Healthcare management is about providing direction and leadership to healthcare organizations and to the units, departments, and divisions therein, and ensuring the personal satisfaction of the men and women who dedicate their lives to serving, and wanting to make a difference in others' lives. In order to effectively achieve this, healthcare managers-to-be need to understand the succinct details around the functions, responsibilities, and roles tied to these positions. [1: 1 John Thompson, Sharon uchbinder and Nancy Shanks, "An Overview of Healthcare Management," Jones and artlett Learning, 5, http://samples.jbpub.com/9780763790868/90868_CH01_FINAL_WithoutCropMark.pdf (accessed March 3, 2014) ]
The Functions of Healthcare Management
Healthcare management is accomplished….
James, Brent, "Quality Management for Healthcare Delivery." Inter-Mountain Health. http://intermountainhealthcare.org/qualityandresearch/institute/documents/articles_qmmp.pdf (accessed March 3, 2014)
Thompson, Jon, Buchbinder Sharon, and Shanks Nancy, "An Overview of Healthcare Management." Jones & Bartlett Learning. http://samples.jbpub.com/9780763790868/90868_CH01_FINAL_WithoutCropMark.pdf (accessed March 3, 2014).
WHO, "Leadership and Management." World Health Organization. http://www.who.int/hiv/pub/imai/om_10_leadership_management.pdf (accessed March 3, 2014)
Healthcare Management and the Knowledge Economy
Today, the healthcare industry is undergoing myriad changes, most of these stimulated by a combination of regulatory need and technological advance. here the two intersect, the industry is under a considerable amount of transformation. This transformation has a direct impact on the roles and responsibilities of healthcare professionals and particularly on those who must demonstrate effective leadership through such change. For those serving healthcare management functions, roles are increasingly being defined by these dramatic shifts in policy, procedure, practice and other dimensions of care impacted by reform or advancement.
Therefore, perhaps the most important role that the manager will play in today's healthcare system is that as a leader in reform. Quite certainly, new legislation and the demand for better ways of meeting the challenges of a currently struggling industry will demand effective internal stewardship and commitment within the management corps to the goals of reform.….
This can lead to both autonomy and cooperation within the group, as no member will feel that his or her skills are not utilized to an optimal level.
It is also possible that non-constructive conflict can arise from the diversity within a group if not managed effectively. Jokes that are not meant to be so may for example be taken as offensive by certain members of the group. Other members might feel that they have skill sets that are not fully utilized. In order to mitigate such conflicts, a paradigm of continuous communication should be established among group members, with the understanding that each opinion and skill set should receive equal and due attention.
10. A food service worker could be motivated by encouraging creativity in dishes created for the establishment on a daily basis. Rewards could be offered for excellence and variety. This also relates to task identity and significance,….
Allen, Gemmy (1998). Management: Motivation. http://telecollege.dcccd.edu/mgmt1374/book_contents/4directing/motivatg/motivate.htm
ChangingMinds.org (2002-2007). Management vs. Leadership. http://changingminds.org/disciplines/leadership/articles/manager_leader.htm
National Center for Healthcare Leadership (2005). Competency Model. http://www.nchl.org/ns/documents/CompetencyModel-short.pdf
Shapiro, Karen, Stoughton, Mark, Granff, Robert, and Feng, Linda (2000, July). Healthy Hospitals: environmental Improvements Through Evnrionemental Accounting. http://www.epa.gov/oppt/library/pubs/archive/acct-archive/pubs/hospitalreport.pdf
These revenue sources fluctuate significantly over the year, often requiring a rationing of budget for critical supplies. The clinic's budget is one that fluctuations on a quarterly basis depending on funding from the foundation donors and how quickly Medicare, Medicaid and insurance companies reimburse for treatments given. The facility has never had excess revenue and routinely operates unprofitably, continually seeking funding from the foundation to keep the staffing levels up and hire new doctors in the areas of specialization including pediatrics and orthopedics. The most challenging revenue stream is that of the insurance companies, many of which have completely different processes for approving treatment vs. paying for it. At least 50% of the office staff's time is spent going through arbitration calls with insurance companies to make sure the clinic is paid on claims. The foundation also audits the financial records quarterly and will also interview doctors who go….
The first is to distinguish Methodist Healthcare in the market place; second to create an information systems strategic plan; third to create a system by which the right place, right people, right time and right focus are aligned strategically, fourth to review finances in order to ensure funding for future projects and strategies, and finally to establish Methodist Healthcare as a learning institution focused on the education of associates.
The Care Transformation Initiative was implemented to more strongly align the objective of excellent patient care with the workplace needs of physicians. It has been mentioned above that the new vision of Methodist Healthcare focused on strengthening the institution as an excellent and desirable workplace for physicians. As such, an educational strategy has been implemented, which is focused on upgrading the knowledge and skills of physicians in the health care of patients.
Other strategies that could help in the goal of aligning….
A not-for-profit hospital must also provide an assessment of how they are continually upgrading their training and services departments, and show through financial analysis and reporting how the funds set aside for these areas is actually used as well (Greaney, 2006). Not only is the auditing and compliance requirements significantly different between for-profit and not-for-profit hospitals, the visibility and reporting into key technology investments to benefit a hospitals' performance is also reported as well. Of all areas of difference however the most significant is in the area of how each charges for services from a market and competitive valuation standpoint (Zaleski, Esposto, 2007). This area of pricing is what separates for-profits in terms of their ability to quickly raise prices if needed, in addition to changing pricing strategies quickly. This often results in for-profit hospitals having a very expensive financial operations and financial reporting function, with specialists on the….
Carlson, J.. (2010, January). Not-for-profits: more scrutiny. Modern Healthcare, 40(1), 28.
Thomas L. Greaney. (2006). Antitrust and Hospital Mergers: Does the Nonprofit Form Affect Competitive Substance? Journal of Health Politics, Policy and Law, 31(3), 511.
Speizman, R.. (2009, February). tax-exempt status for hospitals: where have we been -- and where are we going? Healthcare Financial Management, 63(2), 62-6.
Peter a Zaleski, & Alfredo G. Esposto. (2007). The Response to Market Power: Non-Profit Hospitals vs. for-Profit Hospitals. Atlantic Economic Journal, 35(3), 315-325.
This is also an individually focused discipline, which relates to the development of critical thinking skills. The third and fourth disciplines are interpersonal, collective paradigms. The hared Vision discipline refers to a commitment within a group or organizational setting, in which a mutual purpose is developed. Team Learning focuses on group interaction, with high importance placed upon communication techniques through which collective thinking and learning are transformed. The final effect is then greater or better than the sum of the individual parts. The final discipline, ystems Thinking, revolves around an increasing understanding of interdependency and change on a larger scale than the individual organization. This can be built upon the basis of the other four disciplines. The most difficult of the disciplines for a learning organization to master is probably those based upon interpersonal learning, interaction, and common goals, such as the hared Vision and Team Learning disciplines. These….
Gordon, Buzzy (2008). Effective Networking for Busy People. About.com http://entrepreneurs.about.com/cs/networking/a/networking4busy.htm
Kruschwitz, Nina. (2008) the Five Disciplines.
Moore, Keith Diaz (2005). Design Guidelines for Adult Day Services. http://www.aia.org/SiteObjects/files/Diaz_Moore_color.pdf
Thus, this implies that, taking into consideration the two promotes the organization in providing improved services as compared to those provided by its competitors, hence, its excellent performance and competitiveness (Qader & Omar, 2013).
Cox, K. (2009). edefining Private Practice -- Smart Ideas for a Changing Economy. Social Work Today. Vol. 9 No. 6 P. 12. etrieved on April 5, 2014 from http://www.socialworktoday.com/archive/112309p12.shtml
Elefant, C. & Black, N. (2010). Marketing Your Practice Today: How to Use Social Media to Network and Build elationships. American Bar Association. 2010 Issue | Volume 36 Number 3 | Page 40. etrieved on April 5, 2014 from http://www.americanbar.org/publications/law_practice_home/law_practice_archive/lpm_magazine_articles_v36_is3_pg40.html
Mangold, W.G., & Faulds, D.J. (2009). Social media: The new hybrid element of the promotion mix. Business Horizons, 52(4), 357 -- 365. doi:10.1016/j.bushor.2009.03.002
Qader I.K. a., & Omar, a.B. (2013). The Evolution of Experiential Marketing: Effects of Brand
Experience among the Millennial Generation. International Journal of Academic
esearch in Business and Social….
Bitner, M. (1992). Servicescapes: the impact of physical surroundings on customers and employees. The Journal of Marketing, 56, 57 -- 71. doi:10.2307/1252042
Wadhwa. S. (2002). Customer Satisfaction and Health Care Delivery Systems: Commentary with Australian Bias. The Internet Journal of Health. Volume 3 Number 1. Retrieved on April 5, 2014 from http://ispub.com/IJH/3/1/4173
By contrast, divisional level adaptive strategies focus more narrowly on specific market segments that relate to the market strengths, potentials, and weaknesses of individual organizational divisions (Swayne, Duncan, & Ginter, 2006). Whereas corporate level adaptive strategies concern the viability and success of the entire organization, divisional adaptive strategies concern only the business environment of individual divisions largely irrespective of the overall strategic mission of the organization. Consequently, it is possible for the adaptive needs of the organization to dictate adaptive strategies that may seem antithetical to the strengths of divisional components, such as contraction in scope despite operational success at the divisional level (Swayne, Duncan, & Ginter, 2006).
Appropriate Conditions for Corporate and Division Level Adaptive Strategies
Generally, appropriate conditions for corporate level adaptive strategies are external factors that have the potential to present significant opportunities for growth and expansion, or alternatively, those that present potential challenges that threaten the future of….
Market share implies attracting new customers and increasing the customer retention rate with excellent service (this is in line with the fact that the company proposes a premium pricing strategy, something that implies premium service for a higher price). Profit maximization implies a balanced revenue to expenses approach, particularly since the premium pricing strategy implies better quality equipment and high-paid doctors.
How do we get there?
There are several essential areas that need to be supported in order to reach the proposed objectives described in the previous paragraph. The most essential component is the medical staff. As described in the previous parts of this plan, the medical staff will include prestigious physicians, specialized in assisted reproductions, particularly endocrinologists and embryologists. They will be paid both with a high salary with benefits and with a participation in the organization's profits.
The second essential component is the state-of-the-art technology and equipment: one of the….
HEALTHCAE Management. Allocation Health Care esources From review readings week, provide a critique quality -- life surveys health care economic analysis determine allocation health care resources
Issues in health care management
The healthcare sector is one of the more important ones within the American society, but it has recently proven unable to cope with all pressures. The economic crisis and the dramatic aging of the population pose additional threats on the healthcare system and raise new questions regarding the allocation of resources. At this level, a question is being posed relative to the appropriateness of using quality of life surveys and health care economic analysis to ensure the allocation of the health care resources. In order to answer this question, four specific issues have to be addressed, as follows:
The allocation for public and private health care services
The incremental and comprehensive reform
The ethical underpinnings of resource allocation, and last
The business opportunities for….
Douglas, H.R., 2005, Economic valuation: what does a nurse manager need to know? Journal of Nursing Management, Vol. 13, No. 5, pp. 419-427
Fuchs, V.R., Emanuael, E.J., 2005, Health care reform: Why? What? When? Health Affairs, Vol. 24, No. 6
Hirskyi, P., 2005, QALY: an ethical issue that dare not speak its name, Nursing Ethics, Vol. 14, No. 1, pp.227-239
Lubetnik, E., Jia, H., Franks, P., Gold, M.R., 2005, Relationship among sociodemographic factors, clinical conditions and health-related quality of life: examining the EQ-5D in the U.S. general population, Quality of Life Research, Vol. 14, No. 10, pp. 2187-2196
Health Care Management: In light of the circumstances in the current health care system, health care organizations need to continue enhancing their operating performance, particularly in improving patient outcomes and…Read Full Paper ❯
Business - Management
Health Care Management There is both cohesiveness and autonomy within Samaritan Medical Center and its affiliates, which primarily include long-term care facility Samaritan Keep Home, assisted living community Samaritan Summit…Read Full Paper ❯
That there is a high level of preparation, but that this level is not considered enough, is something that calls attention to how serious the problem of bioterrorism…Read Full Paper ❯
Health Care Management The financial pressure points faced by firms in the health care business can be determined by looking at the flow of funds diagram. In this diagram, the…Read Full Paper ❯
Business - Management
Healthcare Management The ureau of Labor Statistics expresses that the profession of healthcare management is experiencing rapid growth, which can mainly be attributed "to the expansion and diversification of the…Read Full Paper ❯
Healthcare Management and the Knowledge Economy Today, the healthcare industry is undergoing myriad changes, most of these stimulated by a combination of regulatory need and technological advance. here the two…Read Full Paper ❯
This can lead to both autonomy and cooperation within the group, as no member will feel that his or her skills are not utilized to an optimal level. It…Read Full Paper ❯
These revenue sources fluctuate significantly over the year, often requiring a rationing of budget for critical supplies. The clinic's budget is one that fluctuations on a quarterly basis…Read Full Paper ❯
The first is to distinguish Methodist Healthcare in the market place; second to create an information systems strategic plan; third to create a system by which the right…Read Full Paper ❯
A not-for-profit hospital must also provide an assessment of how they are continually upgrading their training and services departments, and show through financial analysis and reporting how the…Read Full Paper ❯
Business - Management
This is also an individually focused discipline, which relates to the development of critical thinking skills. The third and fourth disciplines are interpersonal, collective paradigms. The hared Vision…Read Full Paper ❯
Business - Management
Thus, this implies that, taking into consideration the two promotes the organization in providing improved services as compared to those provided by its competitors, hence, its excellent performance…Read Full Paper ❯
Business - Management
By contrast, divisional level adaptive strategies focus more narrowly on specific market segments that relate to the market strengths, potentials, and weaknesses of individual organizational divisions (Swayne, Duncan, &…Read Full Paper ❯
Market share implies attracting new customers and increasing the customer retention rate with excellent service (this is in line with the fact that the company proposes a premium…Read Full Paper ❯
HEALTHCAE Management. Allocation Health Care esources From review readings week, provide a critique quality -- life surveys health care economic analysis determine allocation health care resources Issues in health…Read Full Paper ❯