...UnitedHealth Group Name of Student Institutional Affiliations UnitedHealth Group The UnitedHealth Group is a company that offers diversified health care management services. It is based in Minnesota in the United States of America. It is located at Minnetonka (UnitedHealth Group, 1974). It is ranked the 14th on the Fortune 500 List of the best companies and business enterprises in the world. UnitedHealth Group has two companies that offer their services and products to the consumers. The two business entities are Optum and UnitedHealthcare. It has approximated that it serves over 70 million people in the United States of America. This paper discusses the company in various dimensions. Firstly, the history of its strategic evolution is presented. The important development highlights the various changes that have been done on the company since its introduction. The changes include the introduction of new services, products, and business branches. Notably, these changes are responsible for the success that the company has registered in the few past decades. The SWOT Analysis, Environmental Assessment, Financial Assessment, and Strategic Issues that the organization faces are also discussed. The paper concludes the evaluation of the company by recommending some strategies that could be used to improve the performance of UnitedHealth Group. These recommendations aim at improving the quality and quantity of production, profitability, as well as reducing customer complaints and enhancing...
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...Organization Case Study Paper for United Health Group MaryAnn Dennis Grand Canyon University: NRS-451V Instructor- Kathy Skromme October 5th, 2014 Case Study for United Healthcare Organization Availabilities of selected several health care plans exist that people can benefit from in order to meet their budget, preferences and personal needs. It becomes obvious that the health care system plan remains difficult, not consistent and often expensive. In maintaining and improving the health care business, the organization involved will consistently be innovating and evolving in meeting demands of people concerned. In this writing, the United Health care group case study is been discussed, including what it entails, their management resource as well as their network, their nursing view and their ways of satisfying their individuals in care. Explaining United Healthcare United Health Group is the largest profit carrier among other organization in the United States of America, and has it’s headquarter in Minnetonka in Minnesota. It remains a more diverse company and was founded in 1977. It remains number 17 among the top 500 companies in the U.S.A, as Fortune magazine explained. Total workforce of the United Health Group approximated to be 150,000 in 50 states of America as well as 20 other countries. They served eighty five million people in the whole universe (UnitedHealth Group, 2013). United health Group provide wide spectrum and vast health services including equipment...
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...Self Study Term Paper Report on Current Management Practices at (Name of the Company) BY (Student Name) (SRN) Submitted to PES UNIVERSITY, Bengaluru In partial fulfilment of the requirements for the award of the degree of MASTER OF BUSINESS ADMINISTRATION Under the guidance of INTERNAL GUIDE (Designation) (University Logo) MBA Program PES University, 100 Feet Ring Road, BSK 3rd Stage, Bengaluru – 560 085 (Batch: 2014 – 2016) CERTIFICATE This is to certify that Term Paper report on “(Title of Term Paper Report)” is prepared by (Name of the Student) bearing SRN (xxxx), under the guidance of (Name of the Guide), in partial fulfilment of the requirements for the award of the degree of Master of Business Administration of PES University, Bengaluru, Karnataka. Name----------- Name----------- Internal Guide Department Chair Person Signature Signature & Seal Name----------- Dean- Faculty of Management Studies Signature & Seal Date-------------------- DECLARATION I, (Student Name), bearing SRN ………….., hereby declare that the Term Paper report entitled “(Title)” with reference to “(Organisation with place)” is prepared by me under the guidance of (Guide Name) Prof............. of M.B.A Department, PESU. I also declare that this Term Paper work is towards the partial fulfilment of the...
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...Introduction United Healthcare comes under UnitedHealth Group, the largest healthcare industry in United States. It was established in the year 1977. United healthcare’s goal is to provide quality healthcare to all its members and better serve all the users (physicians, members, employers) with better functionality (tools, services, health benefit plans etc). Strategy Information Systems plays an important role in United Healthcare, as a implementer of business strategy and source strategic advantage/resource. The striving effort of United HealthCare is to provide public with better tools, services and products by conducting innovative research that improves the quality of healthcare and admits to user needs. United Healthcare mainly focuses on delivering quality of health care to its customers. UHC came up with a new strategy called Bridge2Health; an integrated approach which helps users to gain better health. This approach allows the physicians to know more about the member’s health information which helps them to take better decision and provides appropriate guidance. UHC started a new program which assists users in searching for physicians and hospitals depending on their specialization and rating; this reduces users time and cost. The program was mainly established to support users from not being wrongly diagnosed with poor quality care. It consists of “712,622 health care professional (physicians), 5,594 hospitals and 64,000 pharmacies [1]”. This large network allows...
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...Applying Organizational Behavior When Motivating Employees ADM 521 Applied Administration Concepts Dr. Michael Provitera 2/26/2014 Chauvaunia Goodman 1. Introduction Employee motivation can be regarded as one of the key practices for an organization to build long-term sustainability in any respective business industry. In relation to the recent phenomenon, the performance of employees significantly depends upon a number of factors including employee motivation, employee satisfaction, performance appraisal, compensation, training and development (T&D) along with adequate security of job role and organizational structure among other factors (Muogbo, 2013). However, the specific area of this study is focused on employee motivation, which tends to highly influence employee performance within an organization. In relation to the rapidly growing global business environment, marketers have been widely witnessed to implement a number of strategic measures in order to keep the workforce more optimistic with regard to their specific roles and responsibilities within the organization. In this regard, Organizational Behavior (OB) has long been observed to play an essential role for the entrepreneurs to develop strong workforce in accordance with the vision and postulated business goals (Tishman et al., 2012). Emphasising the notion of OB to play as an essential role in employee motivation, the primary objective of this report is to critically analyse the practice of OB by...
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...UnitedHealth Group is a diversified health care company, and a worldwide leader in helping people live healthier lives and taking the necessary steps in making the health system work better for everyone. The UnitedHealth group serves more than 85 million individuals worldwide with health benefits and services. In 2012, they produced revenues of $110.6 billion and were ranked number 17 in the Fortune 500. The economic and political segments would rank the highest in influencing the UnitedHealth Group. The economic segment includes factors such as interest rates, inflation, trade factors, personal, and business savings. These factors affect the income received by individuals, business, and the company in question in this discussion. Inflation is a very critical factor in the operation of UnitedHealth Group organization because inflation rates affect the level of premiums that are determined by the company’s underwriters. When the inflation rate is high, the decision to raise the insurance premiums may be affected as the general prices of goods and service are also high. The economic segment also influences the profitability of the corporation at the great extent. When the economic conditions are favorable, the corporation may attract large customer base. Taxes imposed on a company, is another factor to consider when looking at the economic segment. When there is a budget deficit, the government has to tax the corporation more to fill the deficit. This will affect the corporation...
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............... 13 The Patient Protection and Affordable Care Act (PPACA) .......................................................................... 15 Strategies and Foresight ............................................................................................................................. 18 Bibliography ................................................................................................................................................ 20 2 United Health Care Company Profile and History UnitedHealth Group is one of the largest health care companies in the United States. UnitedHealth Group is currently made of three entities which are UnitedHealthcare, OPTUM, and Amil. UnitedHealthcare is the entity in responsibility of providing health benefits. OPTUM is the entity that offers health services. Amil is the health care entity doing business in Brazil. According to the company’s 2012 annual report to shareholders, UnitedHealth Group has 133,000 employees working for 84 million customers worldwide. There are 780,000 physicians...
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...al. 2007, p.1) However, due to the transactional nature of options that they can be cashed in there exists motivation for executives or firms to manipulate the price so as to receive the greatest gain. Prior to 2002, a company was not required to, “report the issuance of stock options until after the close of the fiscal year.” (Raiborn et al. 2007 p.3 ) As such many firms decided to retroactively increase the value of their share options, particularly executives options. However, by 2002, the time the control measure, Section 403 of the Sarbanes-Oxley act, was passed, 1 out of every 5 companies were suspected to still utilise the practice. Widespread backdating caused a media stir in 2006, with prominent companies such as Comverse and UnitedHealth being indicted. This caused a ripple through the business community as other organisation came under investigation. In 2006, 173 companies were purported to have retroactively altered the stock options of prominent members of their organisations. Retroactively dating options is defined as follows: The process of granting an option that is dated prior to the date that the company granted that option. In this way, the exercise price of the granted option can be set at a lower price than that of the company's stock at the granting date. This process makes the granted option in-the-money and of value to the holder. (Investopedia 2013) In simplest form a $90 option in today’s...
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...Us”). Along with offering to so many Americans, UnitedHealthcare makes finding a physician, dentist and even pharmacy a simple task. In the United States there are 751,609 physicians, 80,000 dentists, and 5,629 hospitals that are in the network and accept UnitedHealthcare benefits (“About Us”). Not only is the range of physicians, dentists and hospitals quite wide but the pharmaceutical group at UnitedHealthcare provides programs that provide more affordable access to prescription drugs (“About Us”). Not only is UnitedHealthcare known for their wide range and magnitude of company size, they are also well awarded and highly recognized. UnitedHealth group was ranked No. 1 company in the insurance and managed care sector on Fortune’s 2013, “World’s Most Admired Companies.”("Awards and Recognitions"). Along with this award, UnitedHealthcare has received many more awards in the last few years that have given them the recognition that they deserve. Not only is the company as a whole receiving recognition, but individual employees are also receiving recognition. President and CEO of UnitedHealth Group, Steve Hemsley was ranked No. 7 on the modern healthcare’s ranking of 100 most influential people in healthcare ("Awards and Recognitions"). Also being recognized is UnitedHealthcare CEO, Gail Boudreaux. Gail was ranked No. 28 on a list of 50 for the most powerful women in business ("Awards and Recognitions"). So not only is UnitedHealthcare as a company prospering, but it’s the people...
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...There are several health insurance companies around the world that have been able to sustain the economic downturn. Just to mention a few of the major health insurance which are: WellPoint, Cigna, Aetna, Humana, Blue Cross Blue Shield and United Healthcare group that have ranked in the top ten list of health insurance. Everybody's talking about health care. It's too expensive; too complex; too exclusive. While there's a lot of debate about what can be done to fix it, there's one thing that cannot be refuted: we need health insurance. Going without health insurance is a constant stress and worry. Not only is there a nagging threat of serious things happening- where a week in the hospital can cost as much as many make in an entire year - but even the cost of a simple doctor's visits and prescriptions can empty your wallet faster than you can fill it. With the importance of health insurance comes the necessity to pick the best health insurance company for our needs. So the company I choose to discuss that I think has the best health insurance plans to me is United Healthcare because I have had experience with three out of the six insurance companies I mentioned above. United Healthcare is a division of the United Health Group. The organization is the largest health carrier in America; they are top contenders in leading the industry in the insurance business, customer service, community involvement, and philanthropy contribution. The company originated in 1977 and continues to grow...
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...of this paper is to discuss a case study of UnitedHealthcare Group, what they are about, their network and resource management, their view on nursing and how they satisfy their patients. About United Healthcare The largest for profit healthcare carrier in the United States (US) is UnitedHealth Group, the parent of UnitedHealthcare. Headquartered in Minnetonka, Minnesota, UnitedHealth Group is a diversified managed health care company founded in 1977 and ranking #17 in the top 500 companies in the US, according to Fortune magazine. UnitedHealth Group has a total workforce of approximately 150,000 in the 50 US states and 20 other countries and serves more than 85 million individuals worldwide (UnitedHealth Group, 2013). They offer a wide spectrum of health care services and products through two operating businesses: UnitedHealthcare, which provides benefits services to individual consumers and employers of all sizes and health care coverage: and Optum, which provides technology health services and information in care delivery and improving the operating and clinical elements of the system and population health management (UnitedHealth Group, 2013). “UnitedHealthcare is dedicated to helping people nationwide live healthier lives by simplifying the health care experience, meeting consumer health and wellness needs, and sustaining trusted relationships with care providers” (UnitedHealthcare, webpage). UnitedHealth Group was named the world’s most admired insurance...
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...DATABASE ASSIGNEMENT ONLINE STORE DATABSE TABLE NAME * STUDENT/CUSTOMER * ENROLLMENT * COURSES * CATEGORY * ORDERS * ORDER DETAILS * PAYMENT * PRODUCT * SHIPPERS * SUPPLIER/COMPANY TABLES ATTRIBUTES STUDENT/CUSTOMER STUDENT table contain attribute such as: * STUDENT ID-PRIMARY KEY * FIRST NAME * LAST NAME * ADDRESS * POSTAL CODE * CITY * STATE * COUNTRY * PHONE * EMAIL * PASSWORD * CREDIT CARD * CREDIT CARD TYPE ID * BILLING ADDRESS * SHIP ADDRESS * DATE ENTERED ENROLLMENT ENROLLMENT table contain attribute such as: * STU ID-PRIMARY KEY * COURSE ID-PRIMARY KEY * SEMESTER-PRIMARY KEY * INTAKE COURSES COURSE table contain attribute such as: * COURSE ID-PRIMARY KEY * COURSE NAME * FACULTY CATEGORY CATEGORY table contain attribute such as: * CATEGORY ID-PRIMARY KEY * CATEGORY NAME * DESCRIPTION * PICTURE * ACTIVE ORDERS ORDERS table contain attribute such as: * ORDER ID * STUDENT ID * PAYMENT ID * SHIPPER ID * ORDER NUMBER * ORDER DATE * SHIPDATE * REQUIRED DATE * SALE TAX * TIME STAMP * TRANSACTION STATUS * FULFILED * DELETED * PAID * PAYMENT DATE ORDER DETAILS ORDERDATAILS table contain attribute such as: * ORDER IDs-PRIMARY KEY * PRODUCT IDs * ORDER NUMBER * PRICE * QUANTITY * DISCOUNT * TOTAL * IDSKU *...
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.... Introduction top next gema actions are enough for everyday usage but occasionally you may need more power to define a complex transformation. You might, also, want to use the superior matching capabilities of gema to drive your program. GeL is a Lua 5 library that: allows the execution of Lua function (and hence of a C function) in a gema action provides the powerful text matching mechanisms offered by gema as a set of Lua functions it has been tested with Lua 5.0.2. Refer to the detailed documentation to build gel togheter with gema, . 1.1 Status GeL is not as mature as gema or Lua, please report any bugs you may find using SourceForge bug tracking subsystem (you don't need to log in as a SourceForge user) or sending an e-mail to Remo Dentato. 1.2 Licence GeL is released under the same licence of Gema. No specific reference needs to be made to GeL as long as the due reference to Gema and Lua have been made. 2. Usage prev top next 2.1 Gema like Gel may be used exactly as if it was gema, any valid gema script should work when executed by gel: gel [gemaopts] [-f rules.gema] [-l script.lua] [infile [outfile]] . The only differences are: The @lua{} function is available to execute lua scripts in actions Text enclosed between "![" and "!]" is considered lua code and is immediately executed Rules specfied with '-f' are loaded, the lua script specified with '-l' is executed (possibily defining lua function...
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...experience. My seminar topic was about examining the imagery that appeared in the play Hamlet. A skill I developed was using technological equipment to present a presentation.Each group had to pick a topic that was in their interest to research online for information. The requirements started with presenting the information in front of the class informing the audience what imagery means and discuss using concrete examples from the play. This presentation gave me the opportunity to work with PowerPoint and Excel and then to present my information. I believe that in order to communicate effectively with the audience you have to have a well prepared presentation that will capture their attention so that you can present your ideas clearly. A skill that I had trouble was to be able to work as a team. The imagery seminar was a great opportunity for me to develop my team work skills because we were put in to pairs to complete the seminar. Each member in the group had specific responsibilities to the team in order for the seminar to be successful. Being in the group to work on the seminar was a great experience for me because I was able to see where my strong and weak points are in group work. I found that it was easier for me to communicate my ideas with Rachna than to the whole class. A big part of group work is good communication between Rachna and I. Communication is also a big part of my learning experience because I will need to be able to get my ideas out by communicating well...
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...Inequalities Thomas Cunningham MAT221: Introduction to Algebra (GSO13360) Instructor: Justin Hazel Inequalities In this assignment I will be showing you how you can find out how to use Inequalities to find out how much you may or may not be overweight. You can use my equations and the examples of my work to find out exactly what category you might fall in. In this equation we are asked to use our own height to find out exactly if I might have a longer life span than the usual person. Before we start remember that W=my weight, and then H=my height. W=178.2 and then H=67 In this first compound inequality, I had to take the equivalent inequality and replace it with the BMI formula. My height and weight has been added in to replace the current H^. The next steps for this compound inequality I had to multiply all the terms by the denominator. There was some cancellation done towards the first phase of the problem. I then all three terms where divided by 703 to isolate W. People’s height of 67 might be different life span of those whom might weigh between 108lbs and 128lbs. 17<BMI<=22 17<703W/67^<22 17<703W/4489<22 17(4489) <703W<22(4489) 76313<703W<8978 76313/703<8978/703 108<W<128 In order to solve this second inequality, what I need to do is solve for W and place the values of W. The very first thing that happens is I multiply all the terms by H^ in order to take out...
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