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Park Unit 3 Operational and Financial Performance in Healthcare Discussion
Unit 3: DiscussionHealth Services ProfessionalsIntroductionRetention refers to keeping good staff at an organization. Turn ...
Park Unit 3 Operational and Financial Performance in Healthcare Discussion
Unit 3: DiscussionHealth Services ProfessionalsIntroductionRetention refers to keeping good staff at an organization. Turnover is costly in terms of the time spent to replace a staff member and the dollars spent to advertise, review applications, interview candidates, and train new hires. Effective administrators look into why good staff members leave their organization and what encourages them to stay.In this LearnScape, Bright Road Healthcare System is experiencing financial problems, for example insurers with late payments, Medicare patients with high readmission rates within 30 days (lost Medicare reimbursement), high staff turnover increasing costs, and low admissions to its obstetrics service. The Chief Administrative Officer (CAO) is very concerned as he knows this reflects poorly on him and may affect his continued employment. The student, a financial consultant, will work with Bright Road Healthcare System staff members to review and analyze how operations in the healthcare system negatively affect its finances.In the continuing evolution of healthcare, in the U.S., the industry has adopted more of a corporate model of service delivery, whereby the focus is on how to maintain a competitive advantage in the marketplace. This requires offering the right products and services, talent acquisition and retention, maintaining a healthy payer mix, managing the revenue cycle, cost containment, quality management, and innovation. Since we’re in a service delivery business, it cannot be over emphasized the significant role that people play in our industry. More specifically, we rely heavily on the competencies of highly skilled professionals when it comes to the delivery of health care services to a broad base of clients. While some turnover in an organization is healthy and perhaps even necessary, if the voluntary turnover is too great it can have a significant impact on access, cost, and quality. In the LearnScape scenario, students will begin to appreciate the impact that personnel play in the operations of a healthcare organization and the impact that personnel issues can have on almost every aspect of the business. In addition, the students will gain an appreciation for the roles and functions of certain personnel and what they perceive to be satisfiers and dissatisfiers. A discussion on the role that technology plays in improving operational efficiencies and freeing up caregiver time to better engage clients is explored. Unit Learning OutcomesULO #1: Analyze current healthcare workforce trends, transitions, and issues from a macro (industry) perspective. (CLO 7)ULO #2: From a micro level (organization), examine the impact that personnel have on the operational and financial performance of healthcare entities. (CLO 7)ULO #5: Distinguish between key health services personnel. (CLO 3)DirectionsLearnScapes ScenarioInitial PostingPeer ResponsesLearnScapes Scenario(Initial Posting) Students are to complete the LearnScape for Health Care Delivery: Episode 2: Financial Issues (Scenario).To view the Scenario:Click on the link below to access this Unit's ScenarioCopy and paste the appropriate Access Code you received from http://www.shopjblearning.com/ into the Subscription Activation fieldFinancial IssuesBased on the information provided in the scenario and on an outside review of the relevant literature, the students will carefully consider options that will improve the financial position of the healthcare system by addressing the negative trends experienced by the organization. The students will prepare a formal recommendation on changes that can improve the operational and financial performance of Bright Road to the Chief Administrative Officer. When formulating the recommendation, it is important to take into consideration the current healthcare workforce trends and best practices in the area of talent retention. The recommendation needs to be well supported, logically presented, and thoroughly vetted.
3 pages
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Organizational Change,management homework help
ABC Company, Inc. has been in existence for 10 years. They have 50 employees, currently have one location, and they only m ...
Organizational Change,management homework help
ABC Company, Inc. has been in existence for 10 years. They have 50 employees, currently have one location, and they only manufacture one product: widgets. They have managed to stay in business by holding onto a small portion of the widget market, but they are far from the market leader. Over the last 5 years, their market share has stayed more or less stagnant. The president of the company is an older gentleman and mostly works from home. He makes decisions through meetings with his managers over the phone and is rarely seen at the company. Mid-level managers don't have much contact with each other and basically focus exclusively on their individual departments. The rest of the staff members are very distrustful of management and there has recently been a lot of turnover. Outside of interoffice griping, there is rarely any company wide communication. Recent economic developments and technological advances in the widget industry have resulted in a greater demand for widgets in emerging markets, as well as in the U.S. In order to stay competitive, ABC Company is considering expanding its operation globally. ABC has come to you, an expert on organizational change, for consulting advice. Evaluate ABC's current OCC. What advice would you provide in order to better position ABC to successfully implement this change? Be as thorough and specific as possible, covering as many issues as you can. Guidelines for Submission: Short papers should use double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according to a discipline-appropriate citation method. Page-length requirements: 1–4 pages.
Harvard University Technology and Globalization Summative Assessment
Request: Write 2 essays, each 1500 words. Please deliver each topic in a separate document with its own references and cit ...
Harvard University Technology and Globalization Summative Assessment
Request: Write 2 essays, each 1500 words. Please deliver each topic in a separate document with its own references and citation. I am also attaching below the topics the marking criteria. The following are the topics and title for the two essays:Topic 1 : Technology went hand-in-hand with the rise of globalisation – but today’s innovations risk something worse" Topic 2: "Ignore the pessimists – technology is still creating a more open and interconnected world economy"Marking criteria for Summative AssessmentKnowledge and understandingDoes the essay demonstrate comprehension and application of knowledge and concepts delivered and discussed in the unit? Does the essay convey the results of independent research and reading? Does the essay apply issues and debates raised by wider global challenges (political, economic, social) to the practical concerns faced by businesses in the global business environment?Argument and analysisDoes the essay present a coherent and logical analysis deploying themes and concepts from broader academic and policy debates? Does the analysis show evidence of a strong underpinning argument? Is the argument reinforced with reference to ideas and material covered in lectures, podcasts and readings?Structure and styleIs the essay well written, with minimal mistakes in language, grammar and syntax? Does the essay show signs of effective planning and organisation, with a clear structure and argumentative/analytical flow between and within paragraphs? Is due credit given to the sources of ideas and evidence?Formatting, referencing and deadlineFormattingAssignments should be formatted using Arial or Times New Roman font in size 12, double-spaced with normal margins.Word limitsEach part of the assignment should be around 1500 words. So both essays together should have around 3000 words. There is no direct marks penalty for going below or above the recommended word count, but a failure to stick to the recommended word length may indicate the essay is overly concise or long-winded and may thus merit a lower mark.References and bibliographyYou will not be assessed on the presence or quantity of references and citations, but in order to avoid plagiarism, you must ensure that you give credit where elements of the argument are not your own. As such, just as in any Economist article, you should refer to a lecturer or author by name where you are drawing upon ideas or information from a lecture or text – e.g. ‘as Jon Beaverstock has argued…’, ‘as Jeremy Green writes in his book Is Globalization Over?...’, ‘as Pankaj Mishra has written…’.
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Park Unit 3 Operational and Financial Performance in Healthcare Discussion
Unit 3: DiscussionHealth Services ProfessionalsIntroductionRetention refers to keeping good staff at an organization. Turn ...
Park Unit 3 Operational and Financial Performance in Healthcare Discussion
Unit 3: DiscussionHealth Services ProfessionalsIntroductionRetention refers to keeping good staff at an organization. Turnover is costly in terms of the time spent to replace a staff member and the dollars spent to advertise, review applications, interview candidates, and train new hires. Effective administrators look into why good staff members leave their organization and what encourages them to stay.In this LearnScape, Bright Road Healthcare System is experiencing financial problems, for example insurers with late payments, Medicare patients with high readmission rates within 30 days (lost Medicare reimbursement), high staff turnover increasing costs, and low admissions to its obstetrics service. The Chief Administrative Officer (CAO) is very concerned as he knows this reflects poorly on him and may affect his continued employment. The student, a financial consultant, will work with Bright Road Healthcare System staff members to review and analyze how operations in the healthcare system negatively affect its finances.In the continuing evolution of healthcare, in the U.S., the industry has adopted more of a corporate model of service delivery, whereby the focus is on how to maintain a competitive advantage in the marketplace. This requires offering the right products and services, talent acquisition and retention, maintaining a healthy payer mix, managing the revenue cycle, cost containment, quality management, and innovation. Since we’re in a service delivery business, it cannot be over emphasized the significant role that people play in our industry. More specifically, we rely heavily on the competencies of highly skilled professionals when it comes to the delivery of health care services to a broad base of clients. While some turnover in an organization is healthy and perhaps even necessary, if the voluntary turnover is too great it can have a significant impact on access, cost, and quality. In the LearnScape scenario, students will begin to appreciate the impact that personnel play in the operations of a healthcare organization and the impact that personnel issues can have on almost every aspect of the business. In addition, the students will gain an appreciation for the roles and functions of certain personnel and what they perceive to be satisfiers and dissatisfiers. A discussion on the role that technology plays in improving operational efficiencies and freeing up caregiver time to better engage clients is explored. Unit Learning OutcomesULO #1: Analyze current healthcare workforce trends, transitions, and issues from a macro (industry) perspective. (CLO 7)ULO #2: From a micro level (organization), examine the impact that personnel have on the operational and financial performance of healthcare entities. (CLO 7)ULO #5: Distinguish between key health services personnel. (CLO 3)DirectionsLearnScapes ScenarioInitial PostingPeer ResponsesLearnScapes Scenario(Initial Posting) Students are to complete the LearnScape for Health Care Delivery: Episode 2: Financial Issues (Scenario).To view the Scenario:Click on the link below to access this Unit's ScenarioCopy and paste the appropriate Access Code you received from http://www.shopjblearning.com/ into the Subscription Activation fieldFinancial IssuesBased on the information provided in the scenario and on an outside review of the relevant literature, the students will carefully consider options that will improve the financial position of the healthcare system by addressing the negative trends experienced by the organization. The students will prepare a formal recommendation on changes that can improve the operational and financial performance of Bright Road to the Chief Administrative Officer. When formulating the recommendation, it is important to take into consideration the current healthcare workforce trends and best practices in the area of talent retention. The recommendation needs to be well supported, logically presented, and thoroughly vetted.
3 pages
Adult Learning
In essence, adulthood learning is quite different as compared to childhood learning. Learning particularly from experience ...
Adult Learning
In essence, adulthood learning is quite different as compared to childhood learning. Learning particularly from experience is usually something that ...
Leaders in Partnership
What steps should a criminal justice administrator take to build a
partnership between the agency's formal and informal ...
Leaders in Partnership
What steps should a criminal justice administrator take to build a
partnership between the agency's formal and informal structures? In your
opinion, what role, if any, do leaders of the informal structure have
in building such a relationship? Share your thoughts and experiences.One page maximum
Organizational Change,management homework help
ABC Company, Inc. has been in existence for 10 years. They have 50 employees, currently have one location, and they only m ...
Organizational Change,management homework help
ABC Company, Inc. has been in existence for 10 years. They have 50 employees, currently have one location, and they only manufacture one product: widgets. They have managed to stay in business by holding onto a small portion of the widget market, but they are far from the market leader. Over the last 5 years, their market share has stayed more or less stagnant. The president of the company is an older gentleman and mostly works from home. He makes decisions through meetings with his managers over the phone and is rarely seen at the company. Mid-level managers don't have much contact with each other and basically focus exclusively on their individual departments. The rest of the staff members are very distrustful of management and there has recently been a lot of turnover. Outside of interoffice griping, there is rarely any company wide communication. Recent economic developments and technological advances in the widget industry have resulted in a greater demand for widgets in emerging markets, as well as in the U.S. In order to stay competitive, ABC Company is considering expanding its operation globally. ABC has come to you, an expert on organizational change, for consulting advice. Evaluate ABC's current OCC. What advice would you provide in order to better position ABC to successfully implement this change? Be as thorough and specific as possible, covering as many issues as you can. Guidelines for Submission: Short papers should use double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according to a discipline-appropriate citation method. Page-length requirements: 1–4 pages.
Harvard University Technology and Globalization Summative Assessment
Request: Write 2 essays, each 1500 words. Please deliver each topic in a separate document with its own references and cit ...
Harvard University Technology and Globalization Summative Assessment
Request: Write 2 essays, each 1500 words. Please deliver each topic in a separate document with its own references and citation. I am also attaching below the topics the marking criteria. The following are the topics and title for the two essays:Topic 1 : Technology went hand-in-hand with the rise of globalisation – but today’s innovations risk something worse" Topic 2: "Ignore the pessimists – technology is still creating a more open and interconnected world economy"Marking criteria for Summative AssessmentKnowledge and understandingDoes the essay demonstrate comprehension and application of knowledge and concepts delivered and discussed in the unit? Does the essay convey the results of independent research and reading? Does the essay apply issues and debates raised by wider global challenges (political, economic, social) to the practical concerns faced by businesses in the global business environment?Argument and analysisDoes the essay present a coherent and logical analysis deploying themes and concepts from broader academic and policy debates? Does the analysis show evidence of a strong underpinning argument? Is the argument reinforced with reference to ideas and material covered in lectures, podcasts and readings?Structure and styleIs the essay well written, with minimal mistakes in language, grammar and syntax? Does the essay show signs of effective planning and organisation, with a clear structure and argumentative/analytical flow between and within paragraphs? Is due credit given to the sources of ideas and evidence?Formatting, referencing and deadlineFormattingAssignments should be formatted using Arial or Times New Roman font in size 12, double-spaced with normal margins.Word limitsEach part of the assignment should be around 1500 words. So both essays together should have around 3000 words. There is no direct marks penalty for going below or above the recommended word count, but a failure to stick to the recommended word length may indicate the essay is overly concise or long-winded and may thus merit a lower mark.References and bibliographyYou will not be assessed on the presence or quantity of references and citations, but in order to avoid plagiarism, you must ensure that you give credit where elements of the argument are not your own. As such, just as in any Economist article, you should refer to a lecturer or author by name where you are drawing upon ideas or information from a lecture or text – e.g. ‘as Jon Beaverstock has argued…’, ‘as Jeremy Green writes in his book Is Globalization Over?...’, ‘as Pankaj Mishra has written…’.
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