¶ … asses the financial status of the hospital, I've used the indicators frequently mentioned in the health-care literature and my conclusion is that the current management did a good job.
The operating margin [(Total operating revenue - operating expenses)/Total operating revenue)] increased from a negative 36.1% to 4.24% in 1993, indicating a constant progress. The gross margin also had an excellent evolution, from -30.24% in 1990 to 4.81% in 1993.
The return on equity ratio is probably the most impressive indicator, considering the relation to the difference between its value in 1993 and the one in 1990. It went from -69.62% to a staggering 14.88% in only 3 years. The values recorded in...
" (MediLexicon International, Ltd., 2006). The PCIP was formed from the recognition that high costs and low quality inherent in the Healthcare system of the U.S. is largely due to a system that is antiquated and fragmented (DOHMH, 2006a). The inability to properly collect and use health information is one of the primary problems associated with proper health care maintenance. The PCIP. was formed in response to this need. The primary
Establishing an NP Led Wellness and Recovery Center for Deinstitutionalized Individuals Historically, nursing, and medicine professions have been loath to utilize tools commonly linked with mercenary aspects of business, such as market research and decision analysis. In the contemporary health care setting, however, consumers hold numerous options for care providers. The division of the market or market segmentation into different subgroups allows the determination of target markets and the buildup of
(Chizek, 2003) The Role legal nurse consultant may provide service in a number of roles, including but not limited to: Consulting expert Testifying expert Facility-based investigator Trainer and in-service presenter Peer reviewer Quality improvement, risk management, claims management Liability insurance marketer and clinical resource" (Chizek, 2003) As standards of care constantly change, medical and nursing staff must keep informed of current standard to develop and/or modify policies and procedures, which must be maintained and secured indefinitely. In the
" (Finnerty, 2008) It is reported that those who suffer from co-occurring mental illness and substance abuse problems are also likely to be homeless. According to the Health Care for the Homeless Clinicians' Network (2000) "Co-occurring mental illness and substance abuse makes it more likely that people will be chronically homeless." (cited in Finnerty, 2008) Factors that are known to contribute to homelessness in those with co-occurring mental illness and
Desir, E. (2014). Exploring Obstacles to Success for Early Careerists in Healthcare Leadership. J Healthc Manag., 59(4), 250-3. The article begins with an introduction covering a short story about a young man of Caribbean descent. He showed remarkable leadership skills and attended a top-tier pre-med program. During his time as an MHA student, he was accepted into an internship program. However, his limited exposure to a healthcare environment led to not
Team Communication An interdisciplinary team is formed from a group of health care providers belonging to different fields of health sciences; they work together as a team to bring the best possible outcome for patient. The efficiency of this team is achieved by following three basic steps that include communication, coordination and sharing of responsibilities. In order to provide quality care in primary health care system, the hospitals need to get
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