Abstract The purpose of this paper is to identify a strategic management plan of a healthcare organization. My selection is a false managed care organization called GreenLine that is based on a well-known health insurance company that provides a variety of health care plans . In this paper the following will be discussed: factors affecting managed healthcare organizations, strategic initiatives, financial information, and organizational structure. Socioeconomic Factors Socioeconomic status
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CHESAPEAKE HEALTH PLANS Financial and Operating Performance Analysis Report September 18, 2015 Executive Summary Chesapeake Health Plans is an insurance company that offers prepaid health coverage to more than 400,000 members. It is Virginia’s largest managed care organization, offering various products including HMOs, PPOs, and POS plans as well as Medicare HMOs. Moreover, Chesapeake was the first HMO in Virginia to receive accreditation from the National Committee for Quality Assurance
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Formal Paper Heather Shuping Theoretical and Professional Foundations in Nursing Assessment/Background In the time that I have spent in the clinical setting during my nursing education, I have noticed several problems that concerned me. One of the main concerns I have seen in the hospital setting is staff turnover among the nursing profession. The turnover can ultimately lead to temporary problems like understaffing. Thankfully though, I believe this problem is amendable with proper intervention
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Forecast special project workload if applicable. 3d. Coordinate assumptions for proportionate share of interdepartmental projects. 4. Will additional resources be available? 5. Will this budget accomplish the appropriate managerial objectives for the organization? Checklist A-3 Balance Sheet Review 1. What is the date on the balance sheet? 2. Are there large discrepancies in balances between the prior year and the current year? 3. Did total assets increase over the prior year? 4. Did current assets increase
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that aid physicians in modifying and updating treatment plans to improve health and prevent complications. The level of safety of hospitalized patients and the degree of quality care that they receive has more to do than fixed nurse-to-patient ratios. It has been well established in the literature that when nursing workload increase to unmanageable levels; weather it be from the addition of patients, increases in acuity and/or care complexity, or from high levels of fluctuation in patient turnover
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Financial Statement Review Team B December 10, 2014 HCS/405 Mr. Henderson The Patton-Fuller Community Hospital represents a structure organization within the healthcare setting where the highest quality of care is aimed among all employees. Although the quality of care holds a vital of importance within the healthcare organization, finance and budgeting plays a very important role as well. Finance with any organization paves the way to great success for their consumers along with their medical
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the mission towards delivering an affordable, high quality of healthcare services to all the patients that walk through the doors of Scott and White. Recently, on September 30, 2013, the hospital merged with Baylor Health Care System in Dallas, TX to increase the spectrum of Healthcare in North and Central Texas. It consists of 43 hospitals and more than 500 patient care sites (Baylor Scott and White, 2013). Type of organization. General Hospital, Level 1 Trauma Center Tax Deductible
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Determining Financial Viability Accounting and finance are closely related to a certain extent in which both deal with the financial aspects of a company. Accounting and finance work together in creating “a company’s budget or working capital analysis” (Wise-Geek, 2012, p. 1). Accounting involves recording of an organizations operations of a business as well as showing the information in the outline profit and loss accounts, which demonstrates the gain or loss of the organizations throughout the
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Financial statements Brandywine Homecare, a not-for-profit business, had revenues of $12 million in 2007. Expenses other than depreciation totaled 75 percent of revenues, and depreciation expense was $1.5 million. All revenues were collected in cash during the year and all expenses other than depreciation were paid in cash. a. Construct Brandywine’s 2007 income statement. An income statement
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Thomson Reuters Financial Analysis Introduction The Thomson Reuters Corporation is a leading provider of electronically delivered information and support tools to business and professional customers worldwide. Specializing in real-time financial information networks, Thomson Reuters provides analytical information and technology platforms to customers in the financial, legal, tax and accounting, healthcare and scientific sectors. A recent merger with Thomson Financial and Reuters Group PLC’s has
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