How did WW1 Affect Canada Economically: In the early years of the war, Canada’s economic situation was bleak. In 1914, wheat yields plunged because of a severe drought. In 1914 and 1915, more than 50,000 people lost their jobs as the railway sector floundered under massive amounts of debt. Furthermore, construction and building activities shrank substantially from a lack of capital. With the outbreak of the war, however, demands for soldiers, nurses, farm labourers and factory workers increased simultaneously.
This change affected the current ratio of the hospital, which was 15.51 to 5.41. The drop in net receivables and cash equivalents according to the ratio computations dropped which had caused a change in the quick ratio of the hospital from 9.49:1 to 3.44:1. In reference to the hospital’s operating costs; What plans should the hospital Board make for next year and the next five years? After reviewing Patton-Fuller Community Hospital balance sheets, the balance sheets show that they break even at the end of the fiscal year. The hospital is currently making enough to cover the debts, which equals to no profit.
Identify and describe three reasons why there may be a physician shortage rather than a surplus in the U.S. William &ump; Torrens (2010) provided a table to show the first time since 1965, between 2000 and 2005, there was a slight decrease in the ratio of physicians per 100,000 civilian populations. The three reasons why there is a physician shortage rather than a surplus in the United States is caused first of all by more restrictive elements that have been blunted due to widespread physician and patient dissatisfaction, particularly with limits of choice (Williams &ump; Torrens, page 270). The move away from more efficient forms of organized medical practice commonly means that more physicians will be necessary to deliver the same level
A decrease in personal income creates a slump in consumer splurges, spending that drives two-thirds of the economy (mckinsey.com, 2009). The longer a recession lingers the more impact it has on companies. Retailers had been hit hard and several well known brands have gone out of business or downsizing. Retail Traffic an industry publication, reported 3,000 stores closing in 2011 was down from 5,000 closed in 2010. However, the battle is not over.
For the past six years the media have been reporting a shortage of registered nurses (RNs) in the United States This shortage is most severe for hospitals, in western and southwestern states, in New England, and for specialized advanced practice nurses. Estimates of average nurse vacancy rates at hospitals range from 10.2 percent to 13 percent, with one in seven hospitals reporting more than 20 percent. (Projected Supply, Demand, and Shortages of Registered Nurses, 2000-2020) At PFCH the Chief Nursing officer has approached the President requesting that some consideration be taken into hiring more nurses. It has been mentioned that the nurses are over worked and it has begun to take a negative effect on patient care and frustration among the
In fact, 30 U.S. states today have nursing shortages. And by 2020, the government projects, 44 states plus the District of Columbia will have shortfalls. Many people don’t want to do this job anymore because it’s demanding work and can be dangerous. Diana Mason, editor in chief of the American Journal of Nursing says, “we will never have enough nurses unless we fix the work environment.” In order to address this problem, some facilities have tried out some different solutions, for example, more than 1,000 nurses from the Philippines were hired in the U.S. in the last five years. Other facilities are increasing salaries, and providing better hours and working conditions.
The research has a level of about 7.5 percent with lowest rate of heart rate problems or deaths”. Over medicating can be a particular problem for seniors. More than half of them take 3 or more medications per day. Drug interactions can be worse than the disease. If they cannot afford the amount for medication copay then they may hold out just to be able to save for another week or so.
The aging population: As the Baby Boomers come of (old) age, there are fewer workers paying into the Medicare program. These Baby Boomers are, of course, requiring more healthcare services, simply because of the volume of people. There’s particular strain on the parts of Medicare that pay for nursing homes. Fraud: Medicare is vulnerable to fraud because only 5% of its claims are audited, according to The Government Accountability Office. Medicaid Medicaid is for eligible individuals and families with low incomes and resources such as low-income adults and their children, and people with certain disabilities.
It was hard enough with just a recession, but now banks are much stricter when it comes to lending. Surveys done show that 63 percent of companies with less than 100 employees are having trouble with credit, 12 percent had to lay off employees because of it, and 1 in 5 of 600 polled are at risk of going out of business in the next six months. In a brief interview with Mr. Paul Braungart III, entrepreneur and president of Regional Capital Group, a commercial real estate lender and investment company based in Marlton NJ, Mr. Braungart explained that the crisis has impacted values of property and the ability to buy and sell. Therefore, no one’s doing anything really, which paralyzes the market because everyone’s afraid to make any potentially risky moves. The commercial real estate market isn’t as bad off as the residential market, but it has a significant ripple effect on the mind state of the nation.
But poverty alone is not the main eligibility to receiving Medicaid. The program is the largest health and medical related resource for people in the United States. As the” baby boom” generation begins to go into nursing homes, a decrease in the federal and state governments will cause major problems. Since Medicaid is a state-ran organization, the state has say in how much the medical cost will be and how much it will cover. States may also come together with other programs including Children’s Health Insurance Program, so the same program that handles Medicaid may also handle any other program that it is in charge of.