Managing Entreprise On Health Care Sector

In economic theory, M & A is created by a defensive firm to make another firm more vulnerable. From a theorectical perspective, there are factors that arrive at mergers and acquisition. One major factor is to increase and maximize shareholders wealth and value. However, practitioners of U.S health care system do not follow this theory. So, what is driving health care mergers? From my perspective, I think many factors are responsible for takeover. For instance, most independent health care practitioners are struggling to break even. Due to weak profits, cuts in medicaid and in order to survive economically and maintain long term viability in the bevy of hospital chains, they are

Slowly he became market leader for that product. Entrepreneurship has been defined by several researchers as the progression of making a product or service valuable by gathering a distinctive set of resources and opportunities. This procedure comprises the set of accomplishments to recognise opportunities, business classification, evaluation and obtaining the essential resources, management and getting positive results. Furthermore, entrepreneurship has been seen as an organizational coordination that underlines the three extents: innovation, taking calculated risks and proactive orientation. There are many indications to provision the idea that the businesses which were engaged in entrepreneurial practices have been most effective and successful (Hills, Hultman & Miles, 2008).

Social entrepreneurship which has been applied in so many different ways by so many different analysts that it’s depth of vast complexity is still being unraveled and it seems it is still in infancy. It is a multi-interpretable concept and although the use of the term is widespread its use is either overrated or misused. Hence, it is important to firstly understand what social entrepreneurship really is.

Healthcare-Outline The United States is faced with a myriad of social and economic issues every day. Among these issues, The Affordable Healthcare Act (more popularly known as Obamacare) is a recent policy that has caused a lot of controversy. The Affordable Healthcare Act is a federal,

A) A real entrepreneur can take an idea and that can be change in to a service or product according to the needs of certain population. Because of this characteristic economists said that “entrepreneurship is becoming an important agent in the growth and wellbeing of the society”.an entrepreneur is motivated by family or society. They offer new completion and also promotes improved productivity. They can recognize and resolves social problems on a large scale. To create social value entrepreneurs act as a change agent for the society like designing and distributing new approaches. Entrepreneur react very quickly and effectively to the change so that they can take the advantage of opportunities. If they can’t capable of quick action it will be result on their process and success. Social entrepreneurs are stepping to solve the problems.

It is important to have a high entrepreneurial focus established in the foundation of the organization. As the guiding forces and ultimate framework of the company, by identifying and incorporating these ideas into the vision and values, these guides allow the firm to constantly re-focus its efforts based on these pillars. “A core part of a company’s strategy for entrepreneurship is the need to approach innovation in a strategic manner (Morris, 2011, p.216).” It is not enough to simply add words to the vision; many companies ignore entrepreneurship in their strategies. To be effective, San Luis Valley Health must focus their efforts on targeted implementation and on changing the organizational culture to match and follow this comprehensive strategy.

Olden, P. (2011). Management of healthcare organizations: An introduction (Second ed., Vol. 2, p. 329). Chicago, Illionis: Health Administration Press.

The healthcare industry has a key challenge which involves the shortage of doctors, nurses, and midwives. As a result, this calls for demand maximization for more new graduate nurses along with the requirement for employers to retain their hospital 's workforce. Although, personal adjustment towards the role transition is very critical and complex, and it requires personal development and interactions with organizational and socialization processes along with role requirements. However, there are a great proportion of new graduate nurses who change or leave their working positions few months after being employed due to the challenges they face during the transition. Therefore, this essay will focus on the potential systematic, personal,

The healthcare industry is an increasingly complex and dynamic environment. It is reported that the industry faces many criticisms because of the lack of mechanisms to achieve explicit goals (Preker et al 1341). Many healthcare organizations have already shut down as they did not establish clear strategies that will address the problems and create opportunities to succeed. Because of this, different healthcare organizations should know how to strategically plan to deliver exceptional medical care to patients. Strategically managing an organization will help to implement new goals, and set priorities. It can also

Background - Healthcare organizations now face increasing pressure to improve their operations, provide evidence of their continued quality, and the efficiency of the organization. For the modern organization, this means that managers who have traditionally focused on the quality of care now must now change paradigms in mid-stream and review the overall management practice for the sake of effectiveness, patient safety, and even cutting edge techniques (Kujala & Lillrank, 2006). In fact, this is so critical that reports from the Institute of Medicine suggest that almost 60 per cent of medical errors related to hospital deaths in the United States could have been prevented with a proper safety protocol and change of procedure (Institute of Medicine, 2000).

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 healthcare industry comprises diverse healthcare organizations, covered entities, and third parties. In turn they provide services via health maintenance organizations (HMOs), preferred provider organizations (PPOs), point of service (POS), and demonstrate their ability to share and exchange data via data interoperability technologies such as Health Level 7 (HL7), Digital Imaging and Communications in Medicine (DICOM), and Integrating the Healthcare Enterprise (IHE). This flow of information must follow proper Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (HITECH) guidelines to safeguard the patient’s private and confidential information. To collaborate with diverse entities, workflow management must flow from one entity to another while simultaneously maintaining the CIA (confidentiality, integrity, and availability) triad (Hernandez, 2015).

The present challenges for the healthcare industry are significant. With a population that is forever aging, escalating costs, and the unsure impact of the Affordable Care Act, healthcare providers are under tremendous pressure to meet the needs of their patients while maintaining or even reducing costs. One such organization feeling this pressure is BayCare which is a leading not-for-profit health care system that connects individuals and families to a wide range of services at 13 hospitals and hundreds of other convenient locations throughout the Tampa Bay and central Florida regions. Inpatient and outpatient services include acute care, primary care, imaging, laboratory, behavioral health, home care, and wellness. With over 3,100 practicing physicians and more than 58,500 surgeries performed annually, their budget for operating room supplies exceeds $80 million annually across all facilities. Morton Plant Hospital is faced with the challenge of reducing overall operating costs without sacrificing their high standards of patient care and safety. The hospital realized that surgical waste represented a huge opportunity to address. By providing visibility to information that was otherwise hidden, a case cart system would be able to track surgical materials issued, used, and returned; including between doctors, procedures, and locations. This could help the hospital to achieve a number of objectives including: guarantying that all material issued to the OR was accounted for

Entrepreneurship is difficult to define throughout its history research. Even nowadays, this concept is still a debatable point (Rajendra, et al., 2017). Based on four decades of research, Gartner (1988) concludes that entrepreneurs are founders of new firms. Shane and Venkataraman (2000) consider entrepreneurship as “a new venture’s risk-taking endeavor seeking an opportunity” and Fortunato (2014) adds innovative value into the concept of entrepreneurship. Thus, research on the definition of entrepreneurship continue. According to those diverse views, I will interpret six unique entrepreneurial characteristics and theoretically analyze each one. Risk taker, need for achievement and proactivity as my strengthens will be illustrated with my experience. Innovativeness, internal locus of control and tolerance for ambiguity are my weaknesses, thus I will describe relevant successful Entrepreneurs’ experiences.

Entrepreneurship is the process of designing, launching and running a new business while social entrepreneurs launch the business and implement solutions to social, cultural, or environmental issues simultaneously. Bill Drayton once said, “There is nothing more powerful than a new idea in the hands of a social entrepreneur.” In the world, there are billions of people have no access to education, healthcare, clean drinking water, food and even the basic human rights and respect. Violence, poverty and more global issues are at the alarm rate nowadays. These matters have to be tackled immediately before it is too late to do so. In our opinion, social entrepreneurship is the best way to help the needy and overcome the problem.