Summary Of New York Presbyterian Hospital

The Johns Hopkins Medical Services Corporation: not-for-profit corporation that contracts with the Uniformed Services Family Health Plan to provide and manage care for military retirees and active duty family members.

The United States healthcare industry represents more than 17% of its total GDP, making it one of the sort out investment opportunities in the country. As a healthcare Venture Capital group, we analyze and sort out the most lucrative and profitable Healthcare Organization in this massive industry. Moreover, these healthcare organizations ranges from hospitals, healthcare networks, healthcare systems, Accountable Care Organizations etc. However, my venture capital group is focused on investing in a healthcare system with funds of more than $1million dollars. A healthcare system is the organization of multiple healthcare institutions, providers and resources that provide healthcare services for a targeted population. My firm is interested in

Meadow Hills Hospital is a two hundred bed hospital with a large Medical Staff that serves a population of three hundred thousand. It is one of four similar hospitals in the region. They do not currently have an EHR, but they’re financial systems are well developed. They have a good amount of money in reserve to spend on any solution they feel is needed.

In terms of facilities, all these hospitals provide Emergency care and Acute care facilities. Both UCSD and Sharp match with Scripps in providing all facilities. So, UCSD and Sharp are the major competitors in this segment. Kaiser Permanent poses a moderate risk to Scripps as it outsources significant services to another hospital. Kaiser permanent is planning to grow in this segment as it has plans

In terms of space and resources, all of these hospitals provide emergency care and acute care facilities. Both UCSD Medical Center and Sharp Healthcare equally engage Scripps Mercy in providing a diversity of medical facilities. Moreover, UCSD Medical Center and Sharp Healthcare are the major competitors in this distinct segment. Kaiser Permanent poses a moderate risk to Scripps Mercy Hospital, as it outsources significant services to other hospitals. Kaiser permanent is planning to grow in this segment as it has plans to expand by three more hospitals by the end of 2030. In the near future, Kaiser Permanente will ultimately become a major competitor for Scripps (Tu et al., 2013).

On March 23, 2010, President Obama signed the Patient Protection and Affordable Care Act into law. Part of the new legislation added the clause that the tax-exempt hospitals in the United States (close to 60% of the total) will need to fulfill some additional requirements to continue enjoying their federal tax-exempt status in the country. Briefly, the requirements include developing community health needs assessment and a financial assistance policy to determine which patients qualify for treatment under ACA, putting a cap on the amount that can be billed to patients directly for healthcare and implementing new procedures for billing and fee collection (Lewis Roca Rothgerber et al. 2013).

Another term often used with both not-for-profit and for-profit hospitals is uncompensated hospital care. With not-for-profit and for-profit, revenues come from daily operations. What happens if a person cannot afford the care in a not-for-profit hospital? Regardless of the type operation, hospitals must stabilize the patient and transport to a public hospital, even though they are not required to treat these patients. This uncompensated care is classified as uncompensated care, bad debt, or charity care. For-profit hospitals write off this bad debt and use these figures to offset their profits and to assist in developing their costs to Medicare and Medicaid programs.

The organization provides the usual array of inpatient services expected in a moderate-sized community hospital. A local nursing home and retirement community is for sale, and the organization is considering the purchase of that agency. There is a regional hospital that is trying to establish a statewide hospital network. There is a local county health department that provides some clinic services, primarily for the uninsured.

New York Hospital in post-colonial Manhattan took place the nationwide “prank”, which influenced an incident that created havoc. This incident encouraged the formation of mobs. The mob’s goal to get revenge and their violent outbursts were the beginning of America’s first riot – The Doctors’ Mob Riot of 1788.

The Anatomy of Care (AOC) is an interactive game where the scenario is set at Metro Hospital, which has the best medical reputation in the area. Even with a prestigious reputation, it was evident that issues regarding facility, staff, organization and budget were affecting how the organization cared for patients, but more importantly, how patients were perceiving the organization. AOC allows the user to make decisions in the role of a hospital team member, choosing from a charge nurse (Janice), a transporter (Emilio), a doctor (Dr. Klinger), a desk clerk (Clara) or an environmental services technician (Kyung). No matter the role, every team member’s encounters had an effect on a patient’s or family member’s experience.

Temple University proves right on that strategy. Philadelphia is the only major city in the United States without a public hospital. Temple University Hospital steps in to meet the needs of underserved. Nearly 500 patients visit the emergency room everyday. They deliver affordable care to the poor Philadelphia citizens and Temple stands for value by meeting the needs of tens of thousands of low income Philadelphians.

In terms of competition, Kansas City based Cerner is a major competitor. KLAS research provided a report, “Clinical Market Share 2013: More than Meaningful Use, “showing that Verona, Wisconsin based Epic has the most new hospitals (47) for the fifth year in a

Barnes-Jewish Hospital is located at One Barnes-Jewish Hospital Plaza in St. Louis Missouri. It is the largest hospital in the state and employs the most people of any other company in the surrounding area. Two hospitals, Barnes Hospital, and The Jewish Hospital of St. Louis, merged in 1996 to create the facility of today. The hospital has been awarded many prestigious titles throughout its operation for

Through word-of-mouth, New York Presbyterian has a good reputation for caring for their patience. As you indicated, the conflict with earning a profit and patient care, finding ways to cut unecessary cost would be an interest for stakeholders. This is a good example of where ethics place a part and the external view can allow the corporation to obtain a realistic concern.

Non-Profit hospitals can often assist potential patients to care for the uninsured in their community (Kovner & Knickman, 2008).