In addition, newer technology requires that the hospital invest even more in providing the updated technology to its customers to be relevant in the competitive health care sector. Market Share: Bert Fish medical center has been having a challenging external environment and has been competing to keep its market share. The market share of Bert Fish (BFMC) in Volusia County as measured by inpatient discharges has been between 6.9-8.4% during the period of 2011-2013. Similarly, the Emergency Department has been having a market share of 10.2-11.1% in the county during the period of 2012-2013. Operations
The Impact of Wellness Programs on Health Care Costs and Productivity Table of Contents Abstract 3 Chapter 1- Introduction 4 Chapter 2 - Literature Review 6 Chapter 3 - Methodology 10 Abstract Employer spending for healthcare costs is on the rise. This has led many organizations to incorporate wellness programs to address health and productivity issues in their workforce. With recent research indicating wellness programs to be beneficial in reducing healthcare cost, increasing productivity and employee morale; employers are becoming interested in quantifying the effects of productivity and the return of investment from wellness programs. There is ample literature supporting the impact and ROI for large companies, but small and midsized companies lack adequate research data to support wellness program implementation and results. This study will examine trends among small and midsized company wellness programs, and how program effectiveness is determined.
The interventions in behavior will make a great impact in many of the chronic diseases like asthma, and diabetes. Also, by integrating mental health and physical health, the cost of treatment can be reduced up to 50%. MCAT recognized the importance of behavior in health care and from 2015, the test includes a section on psychological, social and biological foundations of behavior. Studies also recognize that a good relationship between patient and health-care provider is necessary for a better treatment result. But, now by increasing productivity of the staff to reduce the expense, there is no time for staff to develop a good relationship with patients.
At Bounce Fitness, we tie worker productivity directly to the health care issue. We believe that traditional approaches to the current health care crisis are misdirected. Bounce Fitness contends that by helping employees change their behaviour patterns and choose healthier lifestyles, the health care costs to corporations will be considerably reduced through increased staff productivity, reduced absenteeism and turnover, reduced worker’s compensation claims and a healthier, motivated staff. Current economic and demographic changes will make health care issues worse. The environmental factors and the local competitive situation is a clear message to Bounce Fitness.
The lounge use to bring in a steady amount of revenue but as of late has taken a heavy dip in performance. With the loss of their long time popular bartender “DJ” and the recent opening of the Pirates Pub has caused many issues with the amount of money they are bringing in. The average monthly revenue in 1996 was $5555.55 and is now $3140 for 1997. GM Ronald Veinot is giving Heidi Smith a week or so to come up with some fresh ideas
The most concern to the public is the impact that provider risk sharing has on the quality of care a patient receives. Wondering that the providers are negotiating an agreement of their services at the expense of patient health to increase profits under capitation has a direct impact on their professional liability exposure. Among the current factors in the evolution of health plans, the most important is the steady rise in health care costs. Because of this factor this has made it necessary for health insurance premiums to be raised and that in retrospect has made it difficult for employers and consumers to afford
The popularity of jobs as an Athletic Trainer has increased in the past ten years as more people have become interested in health careers. Athletic trainers are meant to help you avoid unnecessary medical treatment by working with your healthcare provider to get you on the mend and keep you on the move; this is especially important for athletes who don’t have the time to wait for traditional treatment. The versatility of places where the job may be applied is so expansive that job prospects are much higher than that of a Physician. An athletic trainer may find a job in professional sports or even the performing arts (for those of us without two left feet), a high school, nursing home, or even a hospital. The title of certified Athletic Trainer can either be obtained through a bachelor’s degree or by meeting requirements set by the Board of Certification, which include classes such as Risk Management and
When there are changes in the for mentioned economic variables there is impact on the marketplace. These economic variables cannot be controlled. Social Consumers outlook towards their diet and health have changed over the yeqrs.. As a result there has been increase in the number of people joining fitness clubs and a increases demand of sports shoes, apparel and equipment. Nike has barrage of advertising that targets younger athletes. The number of women collegiate athletes have increased from a few thousand in the 1960’s to almost one million today.
PESTEL ANALYSIS for gym POLITICAL: With the help of government campaigns such as "active kids", "get set for life", "swap it , don't stop it" and "how do you measure up" these help influence the community into a more healthier lifestyle and aim at improving fitness levels. These campaigns into motive members of the community in purchasing more gym memberships. ECONOMICAL: Factors such as rising electrical and water rates and increase staff wages add to the gym club's running cost, but these can be minimised by negotiating a good deal with electricity companies and making spending cuts where needed. People on lower income wages do not spend money on leisure activities so won't join membership due to lack of funds. SOCIAL: Great for social networking, group exercise and the aged members because we supply great social interaction.
How can you evaluate the employees work performance if there is no means of comparison. In relation to the task identity the employees at Peppercorn basically performs the same task daily for long periods of time. Also there is no reward for non-sickness, and employees can get one and a half times the pay for sick days if they are on overtime. In relation to their tasks it seems that the employees are familiar with what they have to do. This skill variety at Peppercorn in my opinion is limited the employees there only get to work in certain positions when there's a shortage of staff.