Factors Of The Regulatory Forces In The Healthcare Industry

After reading the case study it seems that one problem between the hospitals and upper management seems to be lack of communication. It seems that Singh and Mrs. Manzoni have not affectively communicated to the hospital administrators what the goals of the company are and what is best for the company. I believe that Mrs. Singh and the hospital administrators value the importance of two different things. Mrs. Singh values the importance of correct data entry into the firm’s management information system. While, the hospital administrators seem to be placing more value on the importance of patient services. In addition, it seems Mrs. Singh does not know what

A governmental agency is a public authority in control for exercising independent authority over human’s action in a controlling or managing capacity. An independent regulatory agency is a regulatory agency that is independent from other branches of the government. The governing of health care Play a big and important role in the management of medical organizations within the range of laws and all health agencies with its own tasks and all health organizations follow one of these agencies and their laws. . This paper attempts to explain the role of governmental agencies, its effect on the health care industry, provide examples and an analysis of laws and regulations currently facing the industry with the effects on health care providers, and ways that effect in life or the community. https://en.wikipedia.org/wiki/Regulatory_agency

There are a number of agencies that may affect the healthcare industry such as Joint Commission, the Food and Drug Administration, and the Center for Disease Control (Immunization of Healthcare Personnel, 2014). All of these have specific guidelines that have an impact on how a business is

According Lindsey Dunn, labor is the largest single expense for hospitals hence hospital must take strategic steps in containing labor cost in other to be profitable (Dunn, 2009). Dunn also noted that hospital can contain cost and be more profitable by better managing supply vendors to reduce supply cost (Dunn, 2009). In the same vein Cleverley & Harvey “cost-reduction strategies (length-of-stay reductions, labor productivity enhancements, overhead cost controls, and substituting capital for labor when possible) are the single most important factors influencing profitability” (Cleverley & Harvey,

Apart of government support, reduced financial incapacity has been caused by the institutional programs and invention of new technologies in the healthcare sector. Advancement in Medicare has reduced the number of inpatients and consequently reduced the aggregate returns. However, the Intermountain Healthcare Centre has maintained the level of quality services and the positive corporate image (Richard & Alexander, 2009). The institution has a positive and strong employee involvement and motivation that make it attain annual goals. However, the increasing cost demand of the organization, and that do not balance with the company revenues, result in an absurd situation which loss implications for the company. Such state of affairs involves the company to balance it expense with the reduced returns. The institution has to make decisions regarding staff reduction and capacity reduction or retrenchment. Impressively, such decision has

There are different factors that determinate the services that are rendered by different health care services. The competition in the health care industries has tremendously increased, and thus the government authorities have regularized the rules that govern the health care industry. Physicians play an important role in determining the medical expenses for different patients. Such individuals act as a health care consultants sand play a key role in controlling the quality of the services that are provided to the patients. As per the amended rules, the physicians are entrusted with the task of controlling the expenses related to medical care and also making way to utilize the services in the best possible manner. Doctors usually provide services based on fees and there is a proper arrangement between the health are centers and the doctors.

This research paper outline presents the key strategies that hospitals should take to ensure success in their organizations. Hospitals have the job of maintaining the delicate balance between providing affordable, high quality healthcare, and ensuring that the workers are fairly compensated, the buildings are maintained, and the stakeholders are satisfied.

The healthcare industry has dramatically "changed in the past 20 years and these changes affect both" the workers and patients. The restructuring of the healthcare "industry refers to a sweeping" selection of changes in the organization such as ownership and the delivery of services. These changes have gotten customer concerned about the cost, increasing competition,and technological advances. As the policies and decision are making a move "outside of the individual doctor/patient relationship attention has focused on the quality of care." The issue at hand must be addressed at a national level in light of the fact that all 50 states are involved in the healthcare industry. There is a high demand for better healthcare coverage coming from the

A paper co-authored by Atul Gawande, examined how the hospital board and management related to the overall quality of the hospital. Thomas et al. (1306) looked at 103 hospitals in the United Stats and England. Surveys were filled out by workers at the hospital that ranked the hospital’s management and board and then examine the hospital’s performance. The study showed that the effectiveness of the board and management are closely related in hospitals, and that a better management leads to higher quality hospitals (Thomas et al.1309)

There are many different forms of competition among health care organizations. Some of them are the prices of services, different co-pays someone will have to pay out of pocket, lower premiums, they have to be competitive in the quality of the service in which they perform daily. The health care competition is being advertised every day. The competitive nature of business cause them to reach out to the community. The health care industry has to fight for the approval of the community, the government, the insurance companies, the pharmaceutical companies and of course the stake holders as well as future investors.

The major problem, they have within the healthcare industry is the lack of government funding and the total expenditure on health per capita is $109, compared to the $7290 per capita in the United States. Healthcare consumes 4.9% of India’s GDP versus the 16% in the United States. The outcomes equal long lines, fewer facilities and inefficient staff. The supply of healthcare in India is on par with that in sub-Saharan African countries. According to the World Bank, 75% of all health expenditures is in the private sector, where 90% of healthcare costs are paid out-of-pocket.

The hospital’s revenue and expenses are broken down into specific categories. These categories offer the organization a means of analyzing each area individually from the others. Breaking down revenue and expenses into smaller categories allows for more oversight and control of the financial management of the hospital. These smaller groups can be used to better understand what areas are generating revenue and/or what areas are draining revenue. A category breakdown can help the facility focus its resources on areas that consistently generate higher revenue streams. Historically problematic expense categories are also easily exposed, which is helpful during cost control exercises. The manner in which the hospital groups its revenue and expense categories is very beneficial to both the planning and control processes (Patton-Fuller Operating Budget , 2008).

Hospitals in today’s world require organizations that have a variety of people on their boards. Hospitals are usually run by administrators, board of directors, and other departments. Each of the many tiers of the hospital organizations has varied goals and achievements that they wish to accomplish. This article is designed to discuss some of the strengths; weakness, opportunities and threats (SWOT) of the hospital organization (Roussel, 2013). Internal and external forces will be discussed as factors of influence upon the decision making body of the hospital. An example of a problem found in many hospitals, the threat of patient falls will be analyzed. This article hopes to give a better picture of hospital organizations,

The growth of healthcare firm in India is at a very rapid pace and is estimated to be a huge industry, as high as, a US$ 280 billion. The critical contributing factors for this growth include increasing income levels as well as the elder population. The other factors like altering demographics, various disease patterns and their outcomes and a transfer from chronic to the lifestyle diseases within India has contributed to an increased expenditure on the healthcare services.

Hospitals are the key institutions in providing relief against sickness and disease. They have become an integral part of the comprehensive health services in India, both curative and preventive. Significant progress has been made in improving their efficiency and operations.Effectiveness of a health institution - hospitals or nursing homes, depends on its goals and objectives, itsstrategic location, soundness of its operations, and efficiency of its management systems. The administrator's effectiveness depends upon the efficiency with which he is able to achieve the goals and objectives. Some of the major factors determining the