Moreover, Alliance’s customers are sensitive to delivery times. In the long run, Alliance Concrete’s best option to satisfy its customers and potentially cut unexpected cost by renegotiating with the bank to invest in capital expenditures, and not paying National its dividends. Alliance Concrete has the financial ability to pay it’s debt obligations and $3 million in dividends, but not if they wish to engage in capital expenditures. The best course of action for Alliance is to stress to National that paying dividends will
Many social and economic barriers are a part of why many Americans are not receiving proper healthcare. (Lavizzo-Mourey, R, (2009). We can reduce this by Coordinating care through family doctors and Use insurance to manage chronic diseases (Arnst, C. (2009). Example, if more people seek preventive care and are able to speak to their doctor longer than the 10 minutes most providers are with the patient more problems can be addressed and preventive standards can be set in place. This can save the nation an estimated $25 to $50 billion a year for not repeating visits for duplicate complaints or follow up cost.
If reasoning was put into this process, the facts are that by treating the young, we have allowed them to live longer, yet as they live longer and age, we no longer consider it important to treat their illnesses and diseases. With an already stressed and dysfunctional health care system, the new boomer elderly will stretch it to its limits. When this generational phenomenon began there was an increase I hospitals, pediatric professional and maternity physicians, yet as this same phenomenon reaches its golden years, there has been little preparation to accommodate it. The reality is that most medical schools do not require full courses in the care and illness of the elderly and most primary care physicians practicing do not have training in
In today’s data medication errors result in at least one death per day and 1.3 million injuries per year. (1) The FDA has reported hospital drug errors have increased from 35,000 in 1998 to about 2005 in 2005. (1) Due to staffing shortages and increasing amount of work the staff is put on amount of stress put on them, the err is human. The implementation of the Electronic Medication Administration Record (Emar). Medication errors are any preventable event that may cause or lead to inappropriate medications error when in control of health care professional.
Initially, for at least the first few months, there will be a lag between what we have available and what the customers or clients know we stock. This could cause decreased inquiries or sales of the specific new models until updated marketing materials are distributed and the website is updated. Another potential risk is the longevity, or “shelf-life” of both the pediatric and bariatric models. We expect there to be increased “wear and tear” for both models, which could reduce the rentable time by 5-10 weeks, decreasing the profit for the rental models. Lastly, increased inventory requires more space.
Managed care organizations scrutinize expensive procedures to be sure they are necessary. At times patient desires and needs come into direct conflict with economic pressures. Studies have shown that about 30% of operations recommended by surgeons are unnecessary, the majority of these procedures would accomplish their purpose, and other methods would achieve similar results without operation. Managed care organization will refuse to pay for an operation if they feel it is unnecessary. Another way managed care organizations control costs is by eliminating expensive doctors from their provider list.
Stage 0 where only one or two of clinical system is installed to stage 7 where the healthcare provider has a fully functional EHR system. Cost seems to be a major issue when healthcare providers are transitioning to EHR system. There is a need to have functional and national standards, Hebda notes that EHR needs both clinical and technical standards. Lack of vocabulary standards is also an issue. Cost seems to be another impediment to the implementation of the system.
The division anticipates that the brand's cash flow in the coming periods will allow the company to pursue new opportunities in emerging markets. However, the division manager responsible for Allround has become concerned with the competitive nature of the OTC cold remedy market. In the past three periods, the industry has seen several product introductions as well as major increases in promotional and advertising expenditures. There is concern among senior management that this competitive activity will lead to declining market share and profitability for Allround. The brand has lost one full share point in the last period.
At this point, sales are virtually diminished, pricing is considerably offset from market trends, and the ability to maintain a level of profitability becomes a major challenge. An organization can put forth efforts in the attempt to reverse, or otherwise avoid, the decline stage by a few idealogic strategies, all of which are designed to readapt and conform to newly enhanced demands by the industry and its respective consumers. Most importantly, an organization can empower itself to readapt and act in a proactive manner by analyzing market trends and determining the future scope of a certain type of product or service within a reasnable timeframe prior to the onset of saturation and declination. Perhaps it would be in the best interest of an organization to produce/ provide a product of similar fashion, yet a unique alternative, before actually retiring or discontuing a product. For production to end indefinitely of a specific good, an alternative must be researched, produced, and introduced into the marketplace at the same time to create an equilibrium of market introduction of one product and declination of another.
Healthcare 1 Healthcare Cost Control Sherry Jones English: Composition II 121 Michelle Pinkard July 6, 2009 Healthcare 2 When it comes to healthcare we all wonder how we will be able to afford the cost. Being able to control healthcare cost is up to the people, for example if you can go see a doctor instead of going to an emergency room that will be saving money not only for you but for the insurance company as well and it will keep insurance cost down. Healthcare premiums has raised 25 percent since 2004. “Healthcare costs have increased dramatically over the past few decades and are now thought to be excessively high. That has caused current political revaluation of our health care costs.