Northrop Grumman has a “work hard” culture with a focus on teamwork. They have an aggressive focus on high tech services and are innovators and risk takers.
2). Raytheon has several resources strengths, such as strong brand reputation, established customer space, and patents. With more than 95 years operating in the A&D industry, Raytheon has established credibility and reputation in the A&D customer communities, shareholders, and other stakeholders. From corporate social responsibility awards, to best place to work for, to customer awarded recognitions, Raytheon has won many industry-recognizable awards and accolades (“Raytheon Recognized”, 2017). Since with years of business, Raytheon has served the defense and other customers and strengthened the customer relationship over time. This is an important resource in winning and maintaining the government contracts. Additionally, Raytheon has more than 745 patents filed with the United States Patent and Trademark Office (“Raytheon’s Patents”, 2017). These resources are important for Raytheon’s ability to create technologically advanced and cost effective products, services, and solutions for the customer and to satisfy the shareholders’ expectation.
The purpose of this document is to provide our Client an in-depth analysis, (including recommendation) as to whether they should or should not invest in Northrop Grumman Company.
Healthcare systems are highly complex, fragmented, and use multiple information technology systems and vendors who incorporate different standards resulting in inefficiency, waste, and medical errors (Healthinformatics, 2016). A patient 's medical information often gets trapped in silos, which prevents information from being shared with members of the healthcare community (Healthinformatics, 2016). With increasing healthcare costs, a system needed to be created that would lead to the development and nationwide implementation of an interoperable health information technology system to improve the quality and efficiency of healthcare. Introducing the National Health Information Network (NHIN), this organization can be defined as a set of
The healthcare industry consists of many strengths and weaknesses during the improvement of patient safety, efficient operations, reduction of medical errors, and ensuring that they provide timely access to all patient information. This will have to still comply with all legal guidelines as they control costs and protect patient privacy. The adoption of advanced information technology is a popular strategy being used in the healthcare industry because it allows their weaknesses to be progressively diminished as they gain and use the opportunities necessary as an analytical tool. This would allow their capabilities to be further developed with the new technologies and processes used as they unify the adoption of IT standards. In order to stay competitive within the healthcare industry, then there must be specific actions and measures that must be taken to ensure a positive outcome. This includes external opportunities to increase the capability of the IT infrastructure in a national environment as the growth of industry standards are met in order to decrease the pressured threats of legal compliance through patient trust and the high cost of IT. The growing recognition of strategic leadership often leads to both improved financial stability and contact accessibility of the system. Some challenges that may occur within the healthcare system may cause issues in a hospital setting because of the centralized society of an organization. This is because of the different visions and
In 1988, an information system called the Composite Health Care System (CHCS) was formulated by a company called Science Applications International Corporations (SAIC). Science Application International Corporations won the contract worth $1.02 billion from the Military Health System to design, develop and implement CHCS. Although CHCS information system was designed in 1988, it wasn’t until 1993 that the system was introduced. Since 1993, CHCS has become the biggest medical information system for the military medial facilities. CHCS is the most essential part for the Department of Defense (DoD) for inpatient and outpatient. The system supports 143 military installation worldwide, 1,100 military clinics, and produce thousands of daily
In today’s modernized society, health care organizations rely heavily on information systems. Information technology has improved tremendously over the years, becoming a major advantage to the health care industry. With proper planning, development, and management, information technology can bring about countless efficiency in structural maneuvers. With the constant changes in technology, a health care organization must stay up-to-date on technology and the lasted trends that offer the best patient care possible. Information systems designed for health care industries must help the organization meet the
Patton Fuller is a community hospital that has been proudly serving the community since 1975. Patience care is number one, and they thrive to ensure each of their patients experience is as pleasant as possible. Hospitals are under enormous pressure to treat patients in the most effective and efficient way. By leveraging the best IT systems, health organizations provide the type of patient care with the speed and efficiency required by the market. By analyzing Patton Fuller’s IT infrastructure, a determination can be made about the network and the devices supported on it as well. The outcome of the analysis will be used to recommend new
Healthcare information technology forms a pivotal part of today 's healthcare system. Improved quality of healthcare, patient safety, drastic reduction in medical errors and enhancement of care delivery is possible because of the induction of these solutions in the healthcare delivery environment. Today, healthcare IT solutions are enabling processes like planning, decision-making related to organizational development, strategic planning to drive growth, recruitment of competent personnel, managing employee benefits, payroll, intra-department communication, etc.
Information systems assist Patton-Fuller Community Hospital in setting and accomplishing it goals of improving and collaborating interdepartmentally with management, employees, staff, and customers (Apollo Group, Inc, 2013). Proficient information systems objectives are to provide effective and efficient services; add profit and cost-avoidance; and social responsibility (Blue Avenue Associates, 2010). Patton-Fuller objectives are to improve the efficiency of the hospital operations, relationship with current and future patients, and support finance management (Apollo Group, Inc, 2013).
Hoping to infuse a sense of functional modernity into their sprawling medical facilities, the Bacon County Hospital and Health System (BCHHS) of Alma, Georgia elected to join the Georgia Telemedicine Program (GTP) in 2005, and through the implementation of specialized informatics systems many aspects of the hospital's healthcare delivery system have since been significantly improved. Adhering to the stated mission of the BCHHS to "provide compassionate and comprehensive community healthcare that is cost effective," the multi-tiered health system which spans multiple campuses underwent the transition to electronic health records (EHR) with the goal of standardizing its procedures and streamlining its processes. According to the Georgia Partnership for Telehealth (GPT), one hallmark of the BCHHS' inclusion in the program is the hospital's status as a hub within "the Open Access Network, which is a web of statewide access points based on strategic partnerships with successful existing Telemedicine programs … to maximize opportunities for timely specialty services" (2012). One of the pillars of the cooperative relationship between the BCHHS and the GPT is the emerging field of healthcare informatics, which "brings together the various health sciences (eg, medicine, nursing, public health) and other relevant fields including information science, computer science, and cognitive science … to promote the effective organization, analysis, management, and use of information in
Information Systems & Technology: This segment’s expertise lies in specialized data acquisition and processing, in advanced electronics, and in battle space information networks and management systems.
Several advancements have been made in healthcare technology, from the highly-awaited ICD-10 coding to HIE and general interoperability projects. California has been a pioneer in leading efforts in this space, and is home to some of the best hospitals in the nation. As a consultant, I had the opportunity to work with one such innovative organization, Sutter Health, that serves over 100 Northern California communities.
With the rapid growth in technology, many healthcare organizations have embraced the use of healthcare information technologies. As such, the information technology department has various staffs that perform fundamental roles in the information technology-related activities. It ranges from activities of customizing a software to implementing and maintaining a network to ensure effective system backups. In addition, these healthcare information technologies bring about other
The acquisition of an information technology (IT) system by a healthcare organization must incorporate several different concerns. Generally, there is a process by which the organization determines what functions and capabilities are essential for the new IT system to provide. Much of that concern is dictated by specific goals of the organization, its mission, and the operational elements of the organization. Most importantly, the organization must consider the varied interests and needs of all of its stakeholders in relation to the new IT system.