Introduction
The aim of this background research report is to establish general background details on the company Aetna. This report will identify some key characteristics about the company. This will include a brief overview of the company history. Additionally, this report will provide details about the company mission, the range of services that Aetna provides, as well as logistical details of how Aetna goes about its operations. Lastly, this background research report will go over a few examples of how Aetna has appeared in recent news articles. Aetna’s financial reports are due in the last month of the year, December, so because of this time frame, a majority of the information in this research report will be in regards to publicly available information from 2015 and prior. By aggregating all of these details about Aetna, the report can provide insight into complex structure of the company, which may be influential in regards to internal communication issues within the organization. Synthesizing all of these details together into this report will allow for a complete story of the company that was assigned to the SI-506 group.
Company basics and Infrastructure
Aetna is for a publicly-owned for profit company, with revenues totaling about $60.3 billion as of 2015. Aetna was started back in 1853 as Aetna Life Insurance Company. The original aim of the company was to be organized as an annuity fund to sell life insurance. Throughout time, Aetna diversified its services and
Our company, AEY Company, has been given the opportunity to identify and analyze both contextual and structural variables and recommend the
The problems can be grouped into two categories: problems with estimating cash flows and problems with estimating discount rates. How long will it take to get a positive earning? What number should the discount rate be?
It all started in the year 1983 when Mr. Dilip Sanghvi decided to walk the extra mile from being a distributor to one of the biggest players in pharmaceutical industry. He named his brainchild as ‘SUN PHARMA’.
In the world of healthcare, it remains a rarity to find someone who cares. Moreover, this remains a general consensus among numerous patients who regularly visit healthcare facilities. Aside from battling an illness, they feel as though they have to deal with an outrageous health care bill and mediocre customer service. However, a significant amount of healthcare professionals take pride in providing the utmost service to their clients. Moreover, it remains a top concern among them. With that being said, Rick Shinto remains a prominent figure in the healthcare industry. For those unaware, Rick Shinto currently works as the CEO of InnovaCare Health. For those unaware, his company remains a proud provider of the Medicare Advantage plans, physician practice services, and so forth. Moreover, the company remains based in Fort Lee, New Jersey.
Aetna is an American managed health care company, which sells traditional and consumer directed health care insurance plans. The Aetna Insurance Company first began in 1819 as a fire insurer in Hartford, Connecticut. They sold their first life insurance policy and became The Aetna Life Insurance Company, Inc.
Extraordinary sales growth for AMT of 30% annually is resulting in major operating losses, and external funds are necessary to be able to continue with this rapid expansion. The net operating losses from 1983-1985 were $1,289,000 in 1983; $1,176,000 in 1984; and $1,487,000 in 1985. The bulk of these losses were a direct result of both
Columbia/HCA is one of the largest healthcare services companies in the United States. Founded in 1987, the company sought to provide one-stop shopping for managed care providers. In 1996, Columbia/HCA managed 314 hospitals, approximately 7 percent of hospitals in the United States. The company also conducts operations in the United Kingdom, Spain, and Switzerland, and recorded more than 40 million patient visits in 1996.
Another department within the AHRQ, is the Center for Delivery, Organization and Marketing which uses research to develop the company’s leading providers of healthcare delivery, organization and marketing advancements. This branch has researchers that pinpoint the needs of developing research, managing the collection of research contracts and grants, establishing which peer-research are published and finally it creates databases and software tools used within these databases. The Center for Financing, Access and Cost Trends, manages the study of the cost, financing and access to healthcare and its services and associated trends. This branch of the AHRQ also supports policy and behavioral analysis and research by creating data sets.
This paper will focus on the health-tech business and takes a look at Philips’ strategic plan, capacity plan, and how it implements these into its portfolio management process. I will be going over the program management plan and how projects are managed as well as identifying any conflicts in cost, schedule, or quality and how to resolve them. Additionally, there will be a change management plan that focuses on managing organizational and cultural changes. I will also create a resource utilization plan to analyze and plan resources.
Eli Lilly & Company (Lilly) was founding in 1876 by Colonel Eli Lilly in Indianapolis, Indiana. A veteran of the United States Civil War and a pharmaceutical chemist by trade, Lilly set out to start a company with three underlying goals. First manufacture high quality pharmaceutical products, second medications would be dispensed by medical staff rather than through a mobile tradeshows which was popular at the time, and finally, Lilly’s medication would be developed using current science data. In 1886, Lilly went on to hire a pharmaceutical chemist which led to Lilly’s esteemed research and development history that they are known for to this very day (Lilly, 2015).
The purpose of this analysis on Advaark is to determine the correct course of action the company should take. The question that will be answered is whether or not the company should expand the service they offer to their clients. Background/Situation Analysis:
1. What parts of the supply chain are most closely involved with the situation in this case? What is the responsibility of each part in order to maintain a smooth flow of material?
The author has chosen to analyse and evaluate the business and financial performance of AstraZeneca.
Aeon Corporate Malaysia Berhad is a leading retailer in Malaysia. The Company was incorporated on 15 September 1984. AEON was set up in response to the Malaysian Government’s invitation to Aeon Japan to help modernise the retailing industries in Malaysia. In year 1983, Malaysia Prime Minister Dato’ Seri Dr. Mahathir went to Tokyo, Japan and met the JUSCO CO.LTD President, Mr. Takuya Okada to determine the claim of bringing JUSCO name into Malaysia. Since March 2012, all the JUSCO stores and shopping centers in Malaysia are renamed into AEON. At the same time, AEON started to manage all the Aeon Retail Store in Malaysia directly. Now, Aeon Company has been known as one of the listed company on the main market of Bursa Malaysia. The ‘AEON’ name today is well established among Malaysians as well as foreigners, especially due to its association with the international AEON Group of Companies. AEON has established itself as a leading chain of General Merchandise Stores (GMS) and supermarkets. AEON’s constant interior refurbishment of stores to project an image designed to satisfy the ever changing needs and desires of
Hyundai Company is one of the largest South Korean conglomerates that was founded in 1947 by Chung Ju-yung. The first operational company of this conglomerate was established in the year 1947 with its key function being construction. The company then received massive support from different industries that were interested thus expanding its operations into various industries and attaining the state of the largest conglomerate in South Korea. Basically, the key objective of the company is to try as much as possible to satisfy its customers by offering the best possible products and services. Currently, the company is trying as much as possible to establish the best possible cooperation systems among its production basis across the world. Additionally, the present goal of the company happens to be customer-oriented as it continues to execute its global management operations. Thus, this report will focus on highlighting the organizations competitive priorities, operations management of the company, the common operations management of the company, issues and solutions of the company, and the company process map.