Economic Issues Simulation Paper Heather Pennington University of Phoenix Mark Williams HCS/440 Making financial and economic decisions for a business is never an easy task. It is a lot harder because employees have to know what is best for the business in order to profit from it and grow larger. There are three types of Castor plans which are Castor Standard, this covers any incidentals but will not cover any pre-existing health issues. Then there is Castor enhanced, this covers pre-existing health issues and then there is Castor enhanced minor which covers pre-existing health issues and coverage such as obesity, substance treatment, etc. can be excluded and this include mental health.
Low paid jobs demand people to overexert their self’s never turning off work mode. In sum, it is hard for individuals to draw a boundary between professional life and personal life due to the will to keep a job, a technological leash and low wages. Consider today’s economy in which the job market isn’t all that good, so finding work is a job in of its self. For the most part people once they find a job are willing to do anything in order to keep that job. This could mean working long hours, even not taking a much needed vacation.
Working as an indentured laborer was hard, and due the economy at the time, some laborers, after they finished the amount of their original contract, had to take jobs with their old employers. Addition the length of
However, to run an office is also very expensive and companies tend to economize much on offices, which could lead to undesired outcomes, that are sometimes directly related and obvious but most outcomes are hidden indirectly and people are not aware of it. Many outcomes are revealed thanks to the work of ergonomic scientists. The science of ergonomics tries to find out all the aspects that improve system performance and human wellbeing. ("Human factors and," 2013)The following essay will explain why ergonomic office solutions should be considered by companies, who want to improve office performance and save cost, in order to be more competitive. Ergonomic office solutions can decrease human resource costs and increase health of employees.
What is the business, political, and social impact of not digitizing medical records (for individual physicians, hospitals, insurers, patients, and the U.S. government)? Many smaller medical practices are finding it difficult to afford the costs and time commitment to upgrading their record keeping systems. EMR systems cost a lot from individual physicians and hospitals. Although stimulus money should eventually be enough to cover that cost, only a small amount of it is available up front. Small providers are less likely to have done any preparatory work digitizing their records compared to their larger counterparts.
Rates are to low for quality of services provided * Problem solving component * Identify and describe problems There are several problems with in the case. One major problem is that the revenue is down and the company’s expenses are increasing. Another problem is that the nurses are over-worked and under paid. The rates that are charged are too low. BCH can put programs or incentives in play that will pay doctors for menial service.
Comparative Summary of Financial Environments Financial management is the backbone of any organization. Not-for-profit, Investors-owned for-profit and governmental health care organizations are facing significant challenges because of the shrinking operational budgets. Health care organizations must utilize the available resources to the fullest to remain viable in the health care industry. Nonprofit hospitals are facing stiff competition from their neighboring hospitals and out patient health care centers. Because of tough competition, hospitals are investing heavily in new technologies to attract new patients.
However, working adults can use the benefits of the medical insurance, which will give them an opportunity for a decent medical service and reduce the general taxation burden. The issue of health care throughout the years has been a major issue in the society in the United States and it is one of the most important aspects of an election campaign of any political party. One issue concerning healthcare is that it is very expensive and more than 52 million people do not have any coverage or they have less adequate coverage. In addition, it is very important for people to have coverage for general healthcare maintenance and just in case, something drastic occurs, in their life. A well-organized, efficient health care system is not that easy to provide and one of the key problems on the way to the ideal hospitals and medical help is proper funding.
Certainly not, if you believe that payment should be related to a person's value to society. The skilled nurse probably saves more lives than either the doctor or the surgeon who, in most countries, are paid infinitely more. In the UK the State Registered Nurse is paid more than the State Enrolled Nurse, because he or she has higher qualifications. Yet, even the highest qualified nurse today cannot afford to service a mortgage on a house. Their union deplores industrial action by the profession, but nevertheless it has meant strikes in the UK to force a reluctant government into financing better incomes in the National Health Service, and in the view of many these incomes remain inadequate.
Many times we often find ourselves at a job that we don’t like simply because that is what pays the bills. Extrinsic factors are important to consider when looking for a career. Now days everyone seems to be over worked and under paid. If the pay compensation was a rate higher then everyone wouldn’t mind the chaos. I believe money can’t buy you happiness, so if you are at a job were you are not happy eventually it will start to affect your work ethics.