SORENSON RESEARCH COMPANY Company Overview Sorenson, a medical research company founded by James Sorenson in 1970s, specialized in the production of catheter and catheter support devices. Their two main products REGUFLO and TRUSET were very popular in the market. Market reaction to these two new products was such that Sorenson expected growth to significantly increase in 1977 and beyond. Sorenson looked to reduce inventory cost that tied up their balance sheet in order to maintain customer satisfaction and reduce cost. Sorenson was focused on specialized and high technology niche products.
The Chief Financial Officer stated that it would cost the company $120 per square foot for 5,000 square feet to construct. If this center were built on hospital property it would cost a total of $600,000. This would be an advantage to the hospital, as their leaser wouldn’t supervise them. They would be free to make decisions and worry about the monitoring that goes along with leasing. They would be independent and not have another owner overseeing daily activities.
Hospital Glove Supply Chain Proposal OPS HC 571 December 8, 2014 Hospital Glove Supply Chain Proposal The creation and introduction of a material and process plan to address a new, Chinese vendor provides the opportunity for growth and development of the hospital. Issues surrounding reliable, consistent delivery of gloves created the need for change; however, this change requires planning, strategy, and implementation. This paper plans to highlight the necessary steps to consider while entertaining the concept of a new glove vendor including process evaluation, financial forecasting, and resource planning systems. Materials Requirement Plan Healthcare organizations can adopt current manufacturing processes such as materials requirement planning (MRP) to create a more efficient and descriptive usage pattern for materials. MRP utilizes a data and technology driven system to estimate demand from end-users to allocate the organization’s resources appropriately.
Promotion is the communication in which the hospital uses to bring a positive response from customers. The four P’s are vital in marketing of health care. The four P’s are what guarantees the hospital’s overall success. This can be proven by looking at the marketing mix of Piedmont Henry Hospital in McDonough, Georgia. Product As stated above, the product is the physical products and services in which the hospital provides.
Benefits and Challenges of New Age Healthcare Record Keeping Britannia Smith Walden University Benefits and Challenges of New Age Healthcare Record Keeping After completing reading materials and research information my beliefs and support of an electronic health record system (EHRs) is further strengthened. This support includes the use of personal health records (PHR) and electronic medical records (EMR) to provide quality care. There are many similarities with each of these systems and a few differences, but it is clear to me that all of these combined are the future of organized and efficient patient record keeping at its best (Englebardt & Nelson, 2002). Electronic Health Record (EHR) Electronic health record (EHR) is an integration of personal and medical records from multiple sources which allows for improve care and outcome (Thomas, 2009). It is composed of multiple sources that aid in decision support to provide ongoing care.
Case Study Case study analysis procedure * Assessment component * Make assumption * Organization objectives 1. To increase revenue while providing excellent service to consumers. 2. Maintain a facility that will attract physicians and investors. * Expectations 1.
The Health Information Technology for Economic and Clinical Health (HITECH) act of 2009 provides monetary incentives to healthcare providers(e.g., hospitals and physicians) who adopt electronic health record systems. Increase in Quality Care Computerized management systems can improve quality of care by increasing accessibility and providing higher quality documentation. These specialized systems allow for access to a patient's chart in multiple locations by multiple people, 24/7(Aravalo, 2007). This is necessary for quick exchange of information between disciplines in order to guide timely care. Different providers in different disciplines are able to review and document in a patient's chart at the same time.
The add on definition emphasizes the decision making with the patient rather than purely with the health care professional and it also recongnises the explicit knowledge that developed by clinical expertise with available resources. The three elements of evidence-based practice Source: Sackett et al, 2000 The rising popularity of the evidence base practice is due to its large scale benefit coverage for different types of stakeholders. It promotes confidence and trust in patient with healthcare service; allow nurses to communicate effectively with patients and healthcare team about the rationales for the decision making and care plans therefore boost confidence in their practice; provide positive image of the healthcare 2 organizations and allow significant cost saving; prevent resources wastage on delivery of ineffective intervention for the community. The development of evidence based practice has paralleled the availability of information with advancing in technology
If the hospital was able to electronically transmit these records, the doctor could review the patient’s records and get a head start on preparation steps for saving his/her life before the patient is even wheeled through the hospital doors. Consider a relatively larger hospital than in the example above. One that offers services that start from the beginning of one’s life to the end of one’s life. Residents in the community, as well as surrounding areas rely on this hospital for diagnostic tests, routine surgeries, rehab and emergencies. But, due to the size of its workforce, it does not have an in-house specialist for the Intensive Care Unit (ICU).
As a not-for –profit organization, Alliant’s mission was to become “the leading provider of value-driven, superior quality health care in Louisville and the surrounding region.” According to Petersdorf, hospitals are escalating costs, using the excuse of providing quality. But in reality, quality is still questionable. In fact, in order to provide true value, hospitals would have to consider both cost and quality. Quick respond to customer needs are also more important than ever. Petersdorf believed that the way would be continuous quality improvement.