It was on a very strong growth trajectory, was financially stable, and had accumulated a lot of tangible and intangible assets, and a good relationship with other health system members. However, the rapidly evolving healthcare environment in China created many uncertainties. Instead of relying on the political instincts, Jiang believed that it was wiser to base the success of his company on a strong organizational culture, good management techniques as well as a clear strategy. This case describes the seven-year evolution of Peace Medical and the role and pressure to other types of stakeholders in the health care products in China supply chain. In this case study, we are going to analyze the PETS and SWOT, and assess the five medium-term strategic objectives Jiang has articulated and identify possible synergies that may arise in the implementation of these objectives.
There was the stiff competition to become director among consultants without developing the competency of facing challenges. Role of Beauty Consultant * Order products | * Sell products to customer | * recruit new consultant | Solution: 1. Reducing total car program costs (especially VIP Costs) as a percentage of sales. 2. Redirecting dollars behind other elements of its incentive compensation plan for greater cost effectiveness.
G.G. Toys is a manufacturer of dolls located in the United States which was leading supplier of high quality “Geoffrey dolls” to retail stores throughout the US. Increasing production costs required the company to shift the product mix toward specialty dolls. Because of the high margin, Mr Parker was willing to accept many orders for specialty branded dolls even if this meant that the company had to lower production of the standard Geoffrey doll. At the same time, Mr Parker wanted to discuss about adding two more product lines with GG’s controller and manufacturing manager.
Many different companies are implementing new technological processes in order to increase productivity and areas. The healthcare industry is no different. Healthcare facilities are constantly looking for or thinking of ways to increase quality and quantity in care and that is why a large amount of facilities are converting to Electronic Medical Records (EMR). Any electronic system will have its advantages and disadvantages, but with the implementation of EMR systems within medical facilities, there seems to be more benefits for the patient and caregiver than drawbacks. There’s an abundance of advantages when utilizing EMR in a facility, ranging from patient safety and security, decline in medical errors, cost efficiency and etc.
It states that because the costs of healthcare continue to increase so does the number of uninsured which in return increases the costs even more. “Primary care coverage for the uninsured is the first necessary step to reform and can be more cost effective and tolerable than a major system.” (Stephens, J. H., & Ledlow, G. R., 2010). Hospitals and physicians would spend much less on uncompensated care and patient’s health care debts would be much less. The idea of providing basic care as a right for all citizens would not only help the healthcare systems cost issues it would also increase the quality of healthcare. Everyone would then have the availability to preventative services and treatments meaning that less people would be likely to wait to seek medical care for an acute illness and the number of people attending emergency care departments would decrease.
The initial urgent care centers opened in the 1970’s. Some people also referred to these centers as Doc in the Boxes. Since then this sector of the health care industry has rapidly expanded to approximately 10,000 centers. Many of these centers have been started by emergency room physicians who have responded to the public need for easy access to unscheduled medical care. Much of the growth of these centers has been fueled by the significant savings that urgent care centers provide over the rising cost of treatment in a hospital emergency room (Wikipedia).
Evolution of Health Care Information Systems In the mid-1960s, President Lyndon B. Johnson signed Medicare and Medicaid into law, which gave health benefits to poor and elderly Americans. Because of the reimbursement methods of these public systems, large hospitals and health care institutions began incorporating health information systems into their business. They discovered that better record keeping and faster billing resulted in rapid collections and fewer lost charges. Over time, these systems improved and became more accessible to smaller institutions through shared systems (Wager, Lee, & Glaser, 2009). The United States health care system has experienced a rapid growth with the use of health information systems and technology over the last two decades.
The job of medical assistant is very promising. The employment of medical assistants is expected to grow much faster that the average for all occupations through the year 2012 as the health services industry expands. Increasing utilization of medical assistants in Duties * On the clinical side, medical assistants prepare patients for examinations, help doctors during exams and explain procedures to patients. Their duties include taking patient vital signs and medical histories. For example, medical assistants usually record a patient's height, weight, blood
Because of tough competition, hospitals are investing heavily in new technologies to attract new patients. Reduced Medicare reimbursements and expenditures on the new techmologies significantly affect hospitals bottom line. It is imperative to understand the financial structure and financial management strategies to ensure fullest utilization of the available financial resources. Both Investors-owned and not-for-profit hospitals have several common elements of organizational structure, but vary significantly on financial structures. Government health care organizations such as Centers for Disease Control and Prevention (CDC) have unique financial structure and financial management strategies to comply with the organizational objectives.
Impact of Technology in Healthcare Delivery Technology makes the world go round and it comes as no shock that it continues to have a major impact on how healthcare is delivered in the U.S. Hospitals depend on many different types of technology to allow them to be able to function daily. One example would be information technology. About 10 years ago, most hospital records were kept in files and folders in cabinets. But over the years there has been a shift to information technology.