Healthcare Paper Number 4

In: Miscellaneous

Submitted By jbilovecoffee
Words 3234
Pages 13
PPA-782
2011
Park Place Nursing Home
An Exercise in Organizational Change
Julie Bower
Health Services management

1. What operational opportunities can you identify? * Park Place has already obtained benchmarking information therefore it is easy to identify some of the areas that they already need to work on. However, there are so many issues to tackle that they will not be able to tackle them all at once. The leadership/organizational issues opportunities are identified in question 2. * The first thing Park Place must do is collect on their accounts receivable because their cash situation is dire. They have $2,590,609 waiting to be collected and they average around 47 days in accounts receivable, which is unacceptable for any business. Once they have collected a large portion of their accounts receivable they need to look into settling some of their current liabilities. They average 90 days in accounts payable, which means it takes them twice as long to pay their bills compared to their peers. The inability to pay their bills leads me to believe that their credit score and ability to borrow from banks if needed is poor. They are probably paying a mark up on some of their services because they are unable to pay vendors on time. This is the start to cleaning up their financial situation. It is important that they do this because their long term debt to total assets ratio is .75 compared to the benchmark of .51. This is a poor indicator of performance that anyone can observe, including lenders. Since Park Place is strapped for cash, if an emergency were to arise they would probably not be able to secure a loan or would have to pay an extremely high interest rate which would continue to hurt them financially. Park Place could also look to leverage some of their PPE since they seem to have a great deal of it to help pay off some of their debts…...

Similar Documents

Healthcare Reform Research Paper

...com/essay-on/Healthcare-Reform/115333 Kyle LaBelle Participation in Government Healthcare Reform Research Paper My question is, how long is it going to take for the world’s most powerful country to create a sustainable healthcare system? We have spent too many years with small reforms, ; we need big changes, and we need them soon. Healthcare has a long and detailed history in the United States. Since the beginning of the 20th century, it has been a major source of political debate. Both federal and state governments have made efforts in trying to take steps toward a universal health care system. Early reform poured the foundation for today’s government healthcare programs. The United States witnessed social movements that demanded access to the American dream. People who were viewed as second-class citizens banded together and demanded reform on their behalves. The largest of these movements was a demand for universal healthcare. American’s greatest issue was sickness and missing work. When working individuals missed work due to “sickness” they lost their wages. The loss of income made sickness the leading cause of poverty. Reformists saw a need for national healthcare and the campaign began. Health insurance that would protect the worker against wage loss and expenses incurred from medical treatment. In 1906, the American Association of Labor Legislation (AALL) became active in the push for national health care. They created a committee that concentrated on......

Words: 1391 - Pages: 6

Short Paper – Healthcare Reform

...Seminar 3 Short Paper – Healthcare Reform Philosophy of Ethics Healthcare Reform According to Teitbaum & Wilensky (2007), policies developed in different industries form an integral part of how individuals perform various activities aimed at assisting the society. Signing of Patient Protection and Affordable Act by the United States by President Barrack Obama led to a lot of changes in the health sector. The introduction of healthcare reform in the health sector act brought about many reforms that ensues affordable healthcare services to all regardless of financial status. The healthcare reform ensures every American citizen has a private or government insurance to take care of their hospital bills. In addition, more than 60% of citizens have their insurance covered by employers while Medicaid covers most low income earners, disabled people and people over the age of 65. Healthcare reform has introduced both virtue ethics and care ethics in the health sector through human resource capacity building and development and knowledge sharing as well as information management systems. The ethical issues that relate to health care requirements should ensure that clinicians and physicians have adequate training on how to handle ethical values in health problems. The health care practitioners are obligated to understand the ethical frameworks as well as moral theories related to influencing health care practices positively. Healthcare reform must follow a clear moral......

Words: 821 - Pages: 4

Paper Number 1

...enzyme lab conducted was to observe the chemical composition of cells. In order to do so we tested for the presence of organic molecules. Molecules are what forms when atoms bond together. Organic molecules of cells include proteins, carbohydrates, and lipids, which are composed of smaller molecules known as monomers and polymers. Polymers are joined monomers. A chemical reaction links monomers together occurs and releases a water molecule, this is called dehydration synthesis. Hydrolysis separates polymers into monomers by using water to break bonds. Organic catalysts called enzymes are proteins that increase the speed of a chemical reaction. In the lab we used Biuret reagent to test for proteins, iodine solution to test for starch, paper to test for lipids. In the first lab, we tested for the presence of proteins in samples by using blue solution called Biuret reagent, which changes to purple when a protein is present and pinkish-purple for peptides. First test tubes were marked at 1cm and then filled to the mark with water, albumin, pepsin, and starch. Next, five drops of Biuret reagent was added to the sample, covered with Parafilm, and swirled to mix. The water remained clear, indicating the sample lacked the presence of proteins, and thus was our negative control. The albumin sample observed changed to an orange-purple color, indicating the presence of protein. The peptin sample changed to a pink-purple hue, testing positive for presence of peptides. The......

Words: 286 - Pages: 2

Healthcare Paper

...Title of Article Davis, K. L. (2014, Sep 15). Hospital Mergers Can Lower Costs and Improve Medical Care; stand-alone hospitals have too few patients to thrive in the new era of population health management. Wall Street Journal Retrieved from http://0search.proquest.com.leopac.ulv.edu/docview/1562020216?accountid=25355 Summary U.S Healthcare expenditures are too high - nearly $9000 per capita. With healthcare cost rising rapidly, a change to how we approach healthcare systems has to be reviewed. Dr. Davis, the writer of this article makes the point that as times have passed; due to the higher cost of care, a huge opportunity for hospital mergers to happen is needed in order to continue to improve and drive higher quality in care and more efficiency. Currently the fee for service model of healthcare is transforming into the population management model of healthcare. Most hospitals don't mitigate risk effectively, most not keenly aware of the population they serve as it changes, are not able to serve the populations. In some cases some hospitals do not offer a wide range of services to a large population and thus manage risk poorly and drive up post acute cost and are not able to manage patients who are high utilizers of care services. As these hospitals work and are currently dependent on using the current fee for service model, which incentivizes physicians to over utilize resources to treat illnesses, it does not support or help maintain patients in good......

Words: 1346 - Pages: 6

Cmgt 583 Week 4 Individual Assignment Peachtree Healthcare Paper

...CMGT 583 Week 4 Individual Assignment Peachtree Healthcare Paper http://homeworkfy.com/downloads/cmgt-583-week-4-individual-assignment-peachtree-healthcare-paper/ To Get this Tutorial Copy & Paste above URL Into Your Browser Hit Us Email for Any Inquiry at: Homeworkfy@gmail.com Visit our Site for More Tutorials: (http://homeworkfy.com/ ) Assignment Preparation: Activities include completing independent student reading and research. Assignment: The Harvard Business Review presents a story about Peachtree Healthcare called “Too Far Ahead of the IT Curve?” and some challenges it faces in IT integration. After the case study’s formal presentation, four commentators weigh in on what solutions they would propose. The commentators include a CEO of a large health care organization, an airline CIO, a researcher knowledgeable about service-oriented architecture, and a professor of medicine. Read the article until the commentaries and then stop. Before reading the commentaries, jot down a few of your thoughts, ideas, opinions, and relevant experiences related to Peachtree’s situation and how you think they should proceed. You need this information for your final paper. After you have jotted down your thoughts, finish the article. Write a 1,050- to 1,750-word paper, which explains what you would recommend to Peachtree to solve their IT problems as if you were hired as a consultant. Support your recommendations with references and outside citations. Address the following......

Words: 286 - Pages: 2

Systems of Healthcare Db 4

...In the United States we face many difficulties that make it difficult for the community to have an opportunity to use the required benefits of human services. They are at in a dangerous situation due to the seriously ill, poor physical condition which doesn’t allow Americans underclass to stay healthy. Unfortunately due to the socially inapt and social inequity many people feel powerless to receiving healthcare. Other reasons for the population not to have healthcare is poor finances, poor geographic area, and immigrates that don’t understand the health system. Unfortunately one sees that this demographic is susceptible to get more chronic illnesses and unfortunately major illnesses such as HIV or AIDS. However there is some hope in 2015 President Obama mandated that congress put Obamacare into effect which gives everyone healthcare no matter the income. There the wake of decreased powerless feelings these Americans can begin to stay healthier and remain healthy. The general public will begin to acclimate to see more and more American receiving healthcare. Typically the scope of conditions is based on the current environmental changes which will affect the outcome in various cases such as social and human wellbeing. For example when looking into the changes in environment on must look into what and why the human race is directly be affected? Some simple affects in health of this population is water supply, food supply, and vitality. If one believes that the US will......

Words: 611 - Pages: 3

Short Paper Number 1

...Elijah Cox October 24, 2015 Short Paper #1: Ethical Dilemma Elijah Cox Professor Brandon Cohen BMGT 110 October 28, 2015 Short Paper #1: Ethical dilemmas and decision making is one of the most important aspects in business. Business owners will be confronted with situations where they must make a decision that could affect their company or individuals in your company. Most of the time there is no right or wrong answers, and most of the time they will be stuck in the middle. What makes ethical dilemmas particularly difficult is that they often involve conflicts between two or more deeply held beliefs. Employers and employees have a responsibility in every ethical situation, it should always start with the organization and how the conduct themselves. Let’s go over an example of an ethical dilemma and how they should deal with this dilemma. Angela’s is faced with an ethical dilemma. She was very helpful to her friend Carla and her nephew by helping him get a position with WellCare USA. Carla is very grateful, and Jaden is as well. Jaden is very happy with his current situation him and his wife are about to put a down payment on their first house. Angela is aware that a decision has been made to transfer that same position that Jaden is hoping to get. This accounting position will likely be moved to Chicago and this position will more than likely be given to someone else due to seniority. As Carla is expressing her appreciation and telling her about......

Words: 704 - Pages: 3

Cmgt 583 Week 4 Individual Assignment Peachtree Healthcare Paper

...CMGT 583 Week 4 Individual Assignment Peachtree Healthcare Paper To Buy this tutorial Copy & paste below link in your Brower http://homeworkregency.com/downloads/cmgt-583-week-4-individual-assignment-peachtree-healthcare-paper/ Or Visit Our Website Visit : http://www.homeworkregency.com Email Us : homeworkregency@gmail.com CMGT 583 Week 4 Individual Assignment Peachtree Healthcare Paper Assignment Preparation: Activities include completing independent student reading and research. Assignment: The Harvard Business Review presents a story about Peachtree Healthcare called “Too Far Ahead of the IT Curve?” and some challenges it faces in IT integration. After the case study’s formal presentation, four commentators weigh in on what solutions they would propose. The commentators include a CEO of a large health care organization, an airline CIO, a researcher knowledgeable about service-oriented architecture, and a professor of medicine. Read the article until the commentaries and then stop. Before reading the commentaries, jot down a few of your thoughts, ideas, opinions, and relevant experiences related to Peachtree’s situation and how you think they should proceed. You need this information for your final paper. After you have jotted down your thoughts, finish the article. Write a 1,050- to 1,750-word paper, which explains what you would recommend to Peachtree to solve their IT problems as if you were hired as a consultant. Support your recommendations with......

Words: 290 - Pages: 2

Healthcare Finance Ch. 4

...Chapter 4   | Questions 4.3, 4.6, 4.9 (p. 139);    | Problems 4.2,  4.4, 4.5 (pp. 140-141)   | 4.3 * a.What are assets? Assets are items that either possess or create economic benefit for an organization. * b.What are the three major categories of assets? Current assets, long-term investments and net property and equipment. 4.6 * a.What is the difference between liabilities and equity? Liability is a fixed financial obligation of a business while equity is the book value of the ownership position in a business. * b.What makes a liability a current liability? Current liabilities appear on the company's balance sheet and include short term debt, accounts payable, accrued liabilities and other debts. * c.Give some examples of current liabilities. Some examples of current liability would be short term loans or income tax owed to the government within a year. * d.What is the difference between long-term debt and notes payable? The main difference between long term debt and notes payable is the amount of time available for repayment. 4.9’ * a.What is the statement of cash flows, and how does it differ from the income statement? The cash flow reflects more of an at-a-glance income statement that shows a snapshot of money spent and received. The income statement on the other hand shows a more in depth picture of money in and out by also describing money gain or loss through things like depreciation. * b.What are the three major......

Words: 729 - Pages: 3

Healthcare Interview Paper

...Healthcare Interview Paper Introduction My paper is predicated on interviews with three generation of women in America, ranging from the age 78 to 32, and their experience in how healthcare is/is not accessible in America. We will attempt to convey to the reader each generation view on the accessibility of health care; how they paid for health care; where they received their health care; how they viewed their health care and health care providers; what changes they have seen in the health care system; and any other facts or information. Moreover, this paper will list all questions and answers as posed and stated by both the interviewer and the interviewee. As I have stated I will be interviewing three generation of women my mother an 85 year old, my sister a 60 years old and my niece a 37 years old. When referring to health care in this interview we will be discussing inpatient care, outpatient care and long term care. What is your name and age? What has been the biggest barrier to healthcare for you? Understanding the healthcare system in itself has been a hurdle for me to conquer. Medicare Part A, B, C, and D. (non-financial hindrance to access healthcare) How do you see healthcare in America today? If we had a more nationalized healthcare system, we could do a better job for our patients and physicians would feel more satisfied with their jobs. How has the ACA affected you? situation or obstacle you have overcome What do you think the future...

Words: 2587 - Pages: 11

Ethical Healthcare Issues Paper

...Ethical Healthcare Issues Paper Robert Cordero HCS/545 May 23, 2011 Richard Nordahl Ethical Healthcare Issues Paper There are numerous ethical healthcare issues that current affect our society. This one is at the forefront of what makes us a society, the ability to reproduce. One of the most important things for most couples who unite is to start a family. Children make up an important part of our society by ensuring that our species continues to evolve. The majority of couples accomplish this by reproducing by sexual intercourse or naturally, but this is not always the case as some couples have trouble conceiving. Also, same sex couples and single women who may chose to have a child without a partner cannot reproduce this way, thus requiring alternate methods in order to conceive a child and reproduce. Artificial insemination is a process that doctors might suggest for couples who have trouble conceiving a biological child. The process requires that the husband’s, partner’s, or donor sperm be placed directly in the female’s reproductive tract. Donor sperm is used if the partner’s or husband’s sperm count is too low or in the case of same sex couples or single females trying to conceive without a partner (Baxamusa, 2011). The doctor monitors a woman’s ovulation cycle and once the best day is determined semen is placed directly on the reproductive tract and the waiting period begins to see if fertilization occurs. There are several procedures used to......

Words: 1199 - Pages: 5

Paper Number 1

...Critical Analysis Gerald Holt English 216 Liberty University Ode to a Lyrical Masterpiece Introduction Creative writing is seen by many as a way to free the expression of the mind, allowing anyone who feels the urge to put their thoughts on paper can do so. There are a large number of people who have lived throughout time that have had their legacy live forever through their writing because they were able to eloquently configure their thoughts in a manner to reach others. Writing in literature has stretched over many long periods since the beginning of time and that could easily be established by taking note that the Bible is the highest selling book of all time. The Bible may have not been written all at one time, but the majority of the works and its authors were mainly from the same time period. Writing has gone through different ages where the majority of writers had the same idea, or style of writing that they wanted to focus on. Some of the ages of writing that had a strong influence on literature as a whole were that of the neoclassical and romantic age of writing. One piece of literature in particular that has been the topic of many discussions is the “Ode to a Nightingale”. This piece of artwork has been under much scrutiny for its lyrical anatomy, and it has also received much praise for its elegance in form. This short poem has given the world of literature much to discuss all the way down to when it was actually written and how many pages it was originally...

Words: 868 - Pages: 4

Healthcare Paper

...So, what is meant by the explanation in the humoral, anatomical, and germ theory. Explanation of each the three theories will be explained in this paper. Further, throughout the paper is explaining how each theory differs from one another and the significance historically in each, and how each of the theories today with the understanding of health and wellness. With the humoral concept of disease actually originated with Hippocrates in the early years of about 460 to 370 B.C. (Holtz, 2008). In the concept of the humoral theory balance had to be maintained and among the four different substances and humors within the human body. So, with this concept if the balance became out of line or undistributed then the first thought coming to mind people became sick or ill. Within those four humors were phlegm, red, yellow bile, and blood. Early ancient people believed that those substances actually ruled the personalities in the bodies when they are divided to the possible types of choleric, phlegmatic, sanguine, and sanguine, which depended of the substance in, which it actually dominated that person. Then with the theory that was known as the anatomical theory of disease actually lie within those organs internally of the skeletal and muscular body systems. Finally, the theory of the germ was thought that many of the diseases were caused in the presence and specific actions of microorganisms were found inside the body. With the germ theory was actually developed and gained......

Words: 1152 - Pages: 5

Access to Quality Healthcare Paper

...Running head: ACCESS TO QUALITY HEALTHCARE PAPER ASSIGNMENT Access to Quality Healthcare Paper Rudolphe Lubin University of Phoenix Lori Lewellen MBAJOGZL57 April 27, 2009 Quality Healthcare Introduction It will be evident to realize that financial, educational, and socio – demographic implications can bring serious impact on access to quality healthcare in the organization. Labor shortage will stay an important component that can affect as well the access to quality care. Socio – demographic changes linked with chronic illnesses can have an effect on the aging population, which may reduce the quality of life, increase costs for healthcare and rise resource allocation. In point of fact, both labor shortage and socio – demographic changes are exactingly dominant in the admittance to quality care in the United States. Besides, the demand for registered nurses and changes in science is already exceeding supply in U.S. nation, including more implications associated with other ethical dilemmas. Healthcare Labor Shortage People have to realize that progresses in medical technology, increasing expenses and market forces provide to the financial decline of many rural healthcare organizations. In reality, small rural healthcare suppliers, particularly hospitals, cannot meet the costs of the equipment and practitioners needed to treat the range of modern syndrome and......

Words: 1746 - Pages: 7

Research Paper Number 1

...Research Paper Number One Nathan C. Fears, Student Kaplan University Abstract The perception of the financial and the accounting field over the past decade has been very poor in the eyes of the public. Especially after many recent scandals that have more then embarrassed the industry. The overall idea behind the field of accounting is for accountants to serve the public for the greater good. Yet the public doesn’t feel that accountants can be trusted. Hence, the numerous amounts of regulations imposed by the government on the finance field. In this paper we discuss the field of finance and accounting, overall view of the public, several scandals that led to the lowly perception of the accounting profession and some of the numerous regulations imposed by the government. Are these regulations too many or too little and how do they affect the economy? Research Paper Number One The perception of the financial and the accounting field over the past decade has been very poor in the eyes of the public. Especially after the recent scandals that have more then embarrassed the industry. The overall idea behind the field of accounting is for accountants to serve the public for the greater good. Yet the public doesn’t feel that accountants can be trusted. Hence, the numerous regulations imposed by the government on the finance field. According to a recent poll done by U.S. News and World Report of the top......

Words: 4155 - Pages: 17