As CEO of Middlefield Hospital for 2 ½ years now, I analyzed, observe and came up with a plan of execution to finally rectify the current workforce challenges that not only burden but also tormented the hospital when I first arrived. Recently meeting with the chief of financial officer (CFO), documentation was presented, regarding the hospitals financial performance and how it’s worsen for the past 6 months. Because of the financial performance is not meeting the hospitals standards the (CFO) as
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Inventory Systems Summary QRB 501- Quantitative Reasoning for Business /MBAA0PUHA2 June 7, 2010 Inventory Systems Summary Inventory characterizes one of an organization’s largest operating cost and the maximum prospect for improving profits. With inventory systems, organizations are able to centralize control of inventory across today’s multi-channel environment. Each team member will describe his or her inventory systems with the advantages and disadvantage of each system. Description of
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prospective payment system (IPPS) is a payment system that includes the cases of diagnosis-related groups (DRGs) as acute care hospital inpatients. It is based on resources that are used to treat Medicare recipients in those groups. Each DRG has a payment weight assigned to it, based on the average cost of treating patients in that DRG. IPPS plays an important role in deciding all hospital costs including the costs of all devices for treating the patient during a particular inpatient stay (CMS. Gov, 2012)
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Healthcare Name Here Course Here Date Here Professor's Name Healthcare In every hospital that believes in offering quality and attainable care good facilities and qualified and experienced staff is very necessary. This coupled with good management defines the success of a good health facility. Staff not only need to be enough, but also motivated, for that’s what ensures that they enjoy working in a place for a significant period of time (Heathfield, 2005). Proper staffing benefits the clients
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fifty-bed hospital, the institution is the nation's only teaching hospital located on the campus of a historically Black university. The rich tradition of leadership and service at HUH dates back to 1862. Over the course of its 145-year history of providing primary, secondary and tertiary health care services, HUH, a Level 1 Trauma Center also has a Center for Weight Loss Surgery, Cancer Center, Center for Sickle Cell, Diabetes Center, and a Heart Center. In April 2007, the Hospital ranked number
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I. Description of Project The project for this week or course was to: "Identify one of the waste "wedges" or categories identified in the JAMA article by Berwick and Hackbarth and explore the opportunities where managerial epidemiology principles applied in accountable care models of care can reduce waste". The reason for the project is to explore the reasons why, and possible changes that can take place to lower the costs of healthcare. Healthcare in the United States is at an astounding 18%
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Perpetual Mercy Hospital Internal Analysis: Overall objective: Expand the hospitals referral base, increase referrals of privately insured patients, establish a liaison with the business community, become self-supporting three years after opening. Overall strategy: Preventive health care, minor emergency care, referral for acute and chronic health care problems, specialized employer services. Market penetration. Target market: The potential users of DHC consist of 11,663 office workers, Young
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Financial Laws and Regulations DeVry University HSM 340 Professor Black Financial Laws and Regulations 1) There are five elements that pertain to the establishment of a false claim under the false claims act. The first element that is identified by Cleverley et al (2011, p.90) is that the false claim act is that the claim, either to receive payment or to not pay the government, must be established as false. The second element that Cleverley et al states is that must be identified is that
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240 1/16/2013 Tirizia York Explanation of the Monthly Budget A variance report is a report where it demonstrates and compares the cost for our hospital. This reports shows what the budget was estimated for, the actual amount spent, and the variance. The variance means what we profited in or lost. I work in one the few bigger hospitals as a finance manager. There was recently a tornado that killed eight people, destroyed over a couple dozen homes, and injured about hundred people. Obviously
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waiting time. The failure modes will include the overcrowdedness, the disaster that cannot be prevented, the reduced capacity of hospitals, the financial and geographic barriers, a provider-focused approach to scheduling, and the care and reimbursement difficulty (White, 2015). Each of these failure modes is significant to explain. The overcrowdedness is the daily hospital emergency routine that has to be solved somehow. A lot of people are in the waiting lines for the medical help. The natural or
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