There would be several things that I would change if money was unlimited. I would start at the base of the issues first and focus on employee recruitment. Instead of just putting ads in newspapers, I would spend money on advertising via the internet, television, billboards, and flyers. I would make sure the community knew about the benefits we offer at HealthSouth. They need to know the reasons they should work for us (Recruiting Orientation Guide, 2014). I believe if we had an adequate number of quality employees, patient and employee satisfaction would improve drastically. In the long run, this would reduce costs for the company by no longer using outside agencies and paying bonuses or overtime for our own staff. It would also provide
California Association of Health Plans (CAHP) represents statewide trade association with 46 full-service healthcare plans, which provide coverage to millions of California residents. Most member programs are introduced through group and individual markets to Californians. CAHP are dedicated to providing accessible, high quality and affordable health plans. All health plans through Covered California are members of CAHP. Their goal is to serve their members by providing and sustaining opportunities that allow them to grow and maintain viability as organizations. An organization like Kaiser Permanente, Anthem Blue Cross, Delta Dental, Bayer Healthcare LLC and Crowell & Moring are members of CAHP.
It's no secret that Health Maintenance Organizations, known as HMO's, have made healthcare affordable for many Americans, but at what risks? Most employers offer some type of health care plan that is an HMO. Let's face it, given the choice among insurance coverage through your employer, in which he pays half the costs, or acquiring private insurance coverage outside your employer, most Americans choose to go with employer-provided HMO's. Why then, has there been so much controversy with HMO's?
I first would look and see the age ranges of each employee and see what compensation they need to be lifestyle depends. I would gather data on each employee so I can see what compensation would benefit them the best. If I have a lot of employees with children, maybe one of the compensation benefits would be child care or if I have a lot of employees almost about to retire maybe I would need a retirement package or elder care. Also, if I have a lot of employees in school maybe a tuition program. Treating people right is good for the hospital since happy employees are better employees. I also want to be fair as well. I would want to treat my employees the way I would want to be treated. I know how important health care is so I would defiantly have a plan that would fit people needs. I would also provide some way for so employees would not
Impact to Healthcare organizations - These increases in cost raise questions of health care expenses at the hospital level. As higher profits are sought, the cost will become unstable for all, thus causing many to postpone going to the doctor. However, there are many complicated problems associated with our healthcare system. We will focus on main issues that can correct many related problems within the current structure. More importantly, we need to find ways to ensure all Americans have access to health care; and we need to hone in on how we can get the best value for the $2 trillion dollars we spend annually on healthcare.
Analyze the technology necessary to meet the federal mandated requirements that will affect the merged healthcare organizations in the given scenario.
The National Healthcare Employee Union (NHEU) asserts that the hospital 's retention and recruiting efforts concerning nurse staffing is deficient. This deficiency has led to diminished patient care and more nurses quitting because of the fatigue of being overworked due to staffing shortages.
There are millions of healthcare organizations all throughout our country. Some of these organizations have a significantly greater financial background than others, but that depends on the size, location, and demand of the patient population. The organization that is going to be discussed is Yale New Haven, which is a large hospital in southeast Connecticut. Their most recent data dates back to the fiscal year of 2014 when the hospital saw a total of 1.2 million patients, bringing in revenue close to 3.5 billion dollars. In fact, Yale New Haven has made close to a billion dollars more in revenue compared to the year of 2012. Without the help of the 6,000 medical personnel and the 20,000 members of the staff, this large hospital would never be as successful as it is today (Yale New Haven Health, n.d.). As one can see, the hospital is growing each and every year supplying the overall demand of the patient population.
A merger is a partial or total combination of two separate business firms and forming of a new one. There are predominantly two kinds of mergers: partial and complete. Partial merger usually involves the combination of joint ventures and inter-corporate stock purchases. Complete mergers are results in blending of identities and the creation of a single succeeding firm. (Hicks, 2012, p 491). Mergers in the healthcare sector, particularly horizontal hospital mergers wherein two or more hospitals merge into a single corporation, are increasing both in frequency and importance. (Gaughan, 2002). This paper is an attempt to study the impact of the merger of two competing healthcare organization and will also attempt to propose appropriate
HMO penetration is reflected by each state and are affected by an amount of factors, including employer offerings such as employee incentives which mix together of commercial and Medicare and Medicaid enrollees. HMO penetration figures show enrollment as a percentage of the total population for each state. Here in the United States largest markets vs. smaller markets divide the penetration. HMO Penetration continues to grow in larger markets, but grows more rapidly in smaller markets. The average HMO penetration here in the U.S. is currently 23.5%. Ranging from Alaska being the lowest of HMO members at 0.1% to Hawaii being at the top of the list at 55.1%. Here in NJ our HMO penetration is at 23.3%, which is near average.
Currently, Mark and Shelby have basic health insurance for the both of them. Mark may have the HMO health plan where they have to select their primary care physician and the premium is a descent rate. The couple is young so they would use the plan for annual check-ups for the most part but they will make sure their plan cover maternity. In the further they would need to add their children and change the plan to family coverage. Babies need to go to the doctor’s office all the time for cold, shots, and other minor illness. I think the disability income insurance they select need to be a plan that will begin after 30-days of loss of income due to an accident or illness. This will allow Mark and Shelby to continue paying their bills in the event
HealthSouth Corporation was incorporated in January 1984 in Birmingham, Alabma by the founder Richard M. Scrushy. HealthSouth Corporation is the leading provider of medical rehabilitation health care and outpatient surgery services in the United States. Richard M. Scrushy was the former CEO& Founder of HealthSouth Corporation, and there were 5 CFO which were Aaron Beam, Weston, Smith, Bill Owens, Michael Martin and Tadd Mcvay.
If I could do one thing to alter the healthcare system in our country, it will be to make available more free health centers with suited health professional and doctors to take care of the middle and lower class. Without insurance or Medicaid, it’s almost impossible to get quality healthcare, and by opening avenues where people can visit a PCP and get checkups at an affordable price will be very helpful
There should be a public option available in health care and the government should have control over the industry. Backing up a bit, what is wrong with the health care system in the first place to cause such an enormous reform?
What steps would you take to reign in hospital costs, which account for about one-third of health care
Blue Shield is a private insurance broker in California and they were billed four hundred and eight dollars by Torrance Memorial Medical Center and apart from the insurance claim the patient had to pay nearly three hundred dollars for their medical expense. The patient enquired about this expense to the insurer and they said that the cost for a simple blood test was charged around eighty dollars, the patient cross verified the information with the billing department of the hospital and was informed that they would have paid less if they had no insurance plan. But the actual cost for a simple blood test was only around fifteen dollars.