...Benefits of Tuition Reimbursement Program March 5, 2011 Why make out employees take out expensive student loans when we could give them the benefit of having a tuition reimbursement program that could be both beneficial to them as well as for the company. Paying for tuition may seem expensive for the company, but it could actually save us money in the long run. Our company could offer the tuition reimbursement program for employees that are interested in taking courses that are related to work. We could have certain policies and guidelines to ensure that upon completing their degree they will not leave the company. I believe this is a good idea even if we don’t pay for the entire degree we could at least pay for classes that are related to the job. Adding the tuition reimbursement program to our company we are giving our employees the opportunity to develop new skills that will make them more productive at work. Our employees will be able to take on additional assignments and have the chance to become leaders in the workplace. In my opinion, the more employees that we have to earn a degree will improve the company’s professional image. The skills as well as the knowledge that our employees will gain from their education can transform into higher productivity and possibly more revenue and profits for the company. It is very hard to find good employees, but I feel that by offering the tuition reimbursement program will help our company retain good employees....
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...Assignment 01: Reimbursement Models Grid |Accountable Care Organization (shared savings) |Primary Care Medical Home |Bundled Payment |Partial Capitation |Full Capitation | |Strengths and Weaknesses |-Providers are accountable for total per-capita costs. -Patient “lock-in” is not required. - Reinforced by other reforms that promote coordinated, lower-cost care. |-Supports coordination of care between physicians. -Does not require accountability for total per capita cost |-Promotes efficiency and care coordination. -Does not require accountability for total per capita cost |- Combines FFS and prospective fixed payment, providing “upfront” payments that can be used to improve infrastructure and process. - Accountability only for services/providers. - May be viewed as risky by many providers. |- Provides “upfront” payments for infrastructure and process improvement and makes providers accountable for per-capita costs. - Requires patient “lock-in.” - May be viewed as risky by many providers. | |Strengths for Primary Care |YES - Provides incentive to focus on disease management. - Additional support by adding medical home or partial capitation payments to primary care physicians. |YES – Changes care delivery model for primary care physicians, allowing for better care coordination and disease management |YES, indirectly – Bundled payments result in greater support for primary care physicians |Yes – Partial Capitation allows for infrastructure and process improvement...
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...Resistance of Nurses in Use of Electronic Documentation The field of health information technology for nursing is rapidly growing. Advancements in electronic documentation for health care, such as the electronic medical record (EMR), can be an overwhelming addition to the workload of nurses. There is resistance by nurses in use of electronic documentation (Sharifian, Askarian, Nematolahi, & Farhadi, 2014). It is this writer’s opinion that nurses are under informed regarding the rationale for changes taking place in documentation and the implications. The purpose of this paper is to provide nurses with the basics of the Federal regulations outlined in the Health Insurance Portability and Accountability Act of 1996 (HIPAA) and the Health Information Technology for Economic and Clinical Health Act of 2009 (HITECH) that require electronic documentation to be compliant and receive reimbursement. It also reviews how data are collected to determine the reimbursement for care (meaningful-use) and its role in evidence-based practice (Wright, Feblowitz, Samal, McCoy, & Sittig, 2014). Included is a review of the negative impact resistance generates on health organization reimbursement and the relevance it has on nurse staffing, jobs, wages, and satisfaction, along with, evidence reinforcing the training and support of nurses as a means to promote proper use of electronic documentation and increase user satisfaction. Federal Laws and Requirements for Compliance Health care...
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...The Financial Environment: Questions & Problems Questions 2.1, 2.2, 2.3, 2.6, 2.8; Problems: 2.1, 2.5 2.1 The three primary forms of businesses are: Proprietorship, Partnership, and Corporation. Benefits: Proprietorship: Easy to create form a legal perspective, inexpensive to create, subject to few governmental regulations Partnership: Low cost and easy to form, income is taxed as personal and not corporate. Corporation: Corporations have unlimited life, easy to transfer ownership, owners have limited liability. Disadvantages of proprietorship and partnership: Selling interest is difficult, owners have unlimited liability, the life of the business is limited to the life of the owners, restricted to small business status. Disadvantages of Corporations: Double taxation, time consuming and costly to set-up the corporation and file periodic reports. 2.2 Differences: Investor owned vs. not for profit: Investor owned: Individulas become owners when they purchase shares of common stock, shares can be either publicly held or privately held, stockholders have the right of control, a claim to residula earnings, and a claim on liquidation proceeds. Not-for-profit corporations: are tax exempt, run exclusively for the public - profits are not used for private gain, no single body...
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...Kimberly Daniels HCA-240 Paula Arceneaux November 23, 2013 Accounting and Finance Accounting and finance what are they and what’s the difference? Many people who are not in the profession may think they are the same thing and though they have a close relationship they are defiantly not one in the same. Accounting is the bookkeeping part of the business. It is the collection and organization of the financial data of an organization. Accountants are those who are certified and educated in the collection and organization of this data. They must present this data to the company’s management in the form of statements such as balance sheets and income statements. These statements are them used by management to help keep the organization financially healthy. Accounting also involves the reporting of the organizations taxes. Finance which is different but just as important is the use of the accounting data to make decisions for the organization. The data collected and given to management is now used to help with the financial planning, performance review of the organization, and to ensure the company is meeting all obligations including tax reporting. Finance helps with the management of the organizations funds. It helps management decide how and when the funds will be used so that the company can run smoothly and at its highest potential. The accounting department is the backbone within a healthcare organization without it, it would be impossible for the organization to operate...
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...TUITION REIMBURSMENT BENEFIT XCOM 285 – Essentials of Managerial Communications Instructor: David Harris Week 7 Assignment Claudia Pino Our company has had a very profitable 2012, and the goal is to continue this raising trend. In order to continue achieving these results our company is looking to expand employee benefits by adding tuition reimbursement. I currently work in the benefits department and I have been recommended by my manager to prepare a report regarding the benefits of adding a tuition reimbursement program for our employees. This program will cover tuition reimbursement for qualified employees that will be enrolling to complete their Bachelor’s Degree. The report will present the effects and benefits that adding tuition reimbursement will have on both our company and our employees. The report is also going to present the type of degrees that should consider for reimbursement through this program. “Employers have vested interest in making sure employees...
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...Westmount Nursing Home and Cogeneration sale Town Hall Meeting Supervisor Doug Beaty Supervisor Peter McDevitt Supervisor Mark Westcott 5/1/2014 Opening Remarks We believe the public should have the opportunity to weigh in There are major financial challenges facing the county. Where possible favor privatizing County functions including Westmount. We don t understand why other county run facilities running similar deficits aren t looked at with the same steely gaze taken to Westmount. The Cogeneration plant has hindered the county s ability to attract buyers for Westmount. One potential buyer was not willing to pick up the future co-gen payments to Siemens and dropped out. We want people to know the truth about the Cogeneration plant. Finding a caring operator is every bit as important as the initial sale price. We do not support how this sale process has been handled and the deal terms with the one remaining buyer. We re here tonight to tell you why. Doug Beaty, Peter McDevitt and Mark Westcott Agenda Overall Economics o The State of the Nursing home industry o Westmount Nursing Home o Cogeneration plant Cogen Impact: o How the deal was originally structured o The financial impact to Westmount o The impact on the current sale. Alternatives We will propose other options. Conclusion - what is this really all about? Town Hall meeting Presentation first, questions and comments after. Supervisor Beaty or Westcott will recognize each ...
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...HR POLICY AND PROCEDURE MANUAL TEMPLATE Note: Delete this and the next 2 pages once you complete tailoring the template for your own business. Who should use this template? This manual is designed to be used by any Small business owner or operator who employs people in their business. Why use a HR policy and procedure manual? In short this manual helps you to establish robust structure and a basic set rules that you will use to manage your people on a day to day basis. This is important because using a structured approach from day one will help you to ensure: • that: you meet your basic legal obligations • that you help your people managers to make consistent and reliable decisions – this promotes a culture of fairness • that you have established a clear understanding of expectations, rules and consequences • that you welcome and introduce your employees to your business and their new job It takes some effort to complete, but brings definite long-term benefits as it will minimise the incidence of people reverting to their own set of rules which in turn reduces disputes or grievances caused by confusion, and it adds to the overall professionalism of your business operations. How to complete this template Designed to be customised This template for a HR manual is made up of example topics and sections. It is completely customisable based on your specific requirements, in fact the more time you spend tailoring it to your specific requirements the more...
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...National Bank of Pakistan [pic] Maryam Naeem MC080202354 MBA (HRM) Session-Feb 2008-Feb 2010 Submission Date: March 22, 2010 Virtual University of Pakistan [pic] Letter of Undertaking Internship Certificate: Dedication I dedicate this effort to my dear Grand Maa (Late) whose prayers made me able to reach where I am today. Thanks Amma! Acknowledgement “IN THE NAME OF ALLAH, THE MOST GRACIOUS AND MERCIFUL, THE BENEFICENT” first of all I would like to bend over my head in front of ALMIGHTY ALLAH. It was HE who direct me in every stage of my life, and who bestow me with capability to accomplish the best and helped me to conquer every attempt and difficulty I faced during my journey of getting professional education at VU. At this important moment of my life when I completed my last project, I am feeling a sense of relief and sadness at the same time, relief for having completed my MBA program and sadness for leaving an institution, which has given me so much. I am great full of all my instructors of Virtual University who have taught me very well. My report will remain incomplete if I do not mention the people who helped me in completing this work but honestly speaking there is an unending list of persons who helped me in completion of my professional education...
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...Internship Report: BANK ALFALAH LIMITED Submitted By: MAIDAH MASOOD Roll # 107 Section: “C” Morning B-Com (Hons) Session: 2005-2009 Hailey College of Commerce, University of the Punjab, Lahore. The evolution of Bank Alfalah signifies a movement from concept to reality; a reality to bring about a change in the banking industries of Pakistan; offering an alternative way of banking; providing people an opportunity to practice beliefs in their financial matters. Following privatization, Bank Alfalah emerged as new identity of Habib Credit and Exchange Bank with a revived purpose and commitment. Charged with the strength of Abu Dhabi consortium and under the leadership of His Highness Sheikh Nahayan Mabarak Al-Nayayan, the bank has already made significant contributions in building and strengthening both corporate and retail banking sector in Pakistan. At present the bank has expanded its operations across Pakistan in 74 cities with 189 operational branches. However, it has total 195 branches that include 23 Islamic Banking branches, five overseas branches three in Bangladesh and two in Afghanistan and one offshore banking unit in Bahrain. It is pertinent to note that all of its branches commenced their operations in “Real Time Online Mode”. Today Bank Alfalah is the fifth largest Banking operation in Pakistan. Since its inception, it has registered the fastest growth rate ever...
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