Over the past ten years, I’ve seen the merging or acquisition of many hospitals and healthcare facilities (i.e., Aria buying Frankford Hospital Systems), giving the joint venture the competitive advantage in the marketplace (Harrison, p. 188, 2016). Besides having a competitive edge, this model has increased innovation combined with shared expertise, technology, and collaborative research. The joint venture continuum of care aligns with the same strategy and vision, trust and values; subsequently, the operational and financial goals are in sync as well. However, the disadvantage to this is if the above characteristics do not have similarities, there is a chance that the joint venture has an increase of eventual breakdown or
Undoubtedly, healthcare becomes tremendously complex as a business activity to manage diversified locations, changing organizational structures, mergers, employees, and multiple information systems across the globe. Healthcare organizations must strive for value addition across entire supply chain by monitoring supply chain performance. The latest innovations in RFID technology, Supply Utilization management & Virtually centralized Supply chain management holds the key to the future. Looking to the future, supply utilization management is an emerging recommended practice that will enable healthcare organizations to dig deeper and more broadly into their supply chain expenses to harvest new and even better supply savings. Exploiting the power of RFID technology is not simply about replacing bar codes with tags.
The aim of JCAH is not only a quality assessment in itself but also finding the ways to improve medical quality. Specific standards that were first used in the US to control the sanitary condition and the conditions of patients in the hospitals, later on, were formed in the accreditation procedure. Today Joint Commission is the largest and most authoritative accreditation organization, not only in the US but also around the
Mercy hospital provides care to the patients. Due to the increase in the workload of the internal and external stakeholders, it was essential for the mercy hospital to increase the size of its IT department so that the underlying hospital has increased the size of its IT department two years ago in order to fulfill the growing needs. In order to perform the functions of the IT department more effectively, the board of directors of the mercy hospital added the new senior vice president. According to the point of view of the board of directors, the addition of the senior vice president will help the IT department to perform its functions with more quality and the issues faced by the IT department will be easily resolved. The hiring of the senior vice president is the best opportunity for the mercy hospital in order to solve the problems faced by the IT department of the underlying hospital (Cooley et.al, 2014).
PruittHealth Pharmacy is entering into to a relationship with Kaiser Permanente whereas PH will provide drugs, supplies and pumps to be administer to KP’s chemo patients, by KP clinical staff within the KP Chemo department. We are very excited about this opportunity as we believe that not only will this relationship generate revenue, it may also lead to other financial opportunities. That being said, this is new to us and we want to insure that not only is our pricing is robust, but we need a contract/LOA in which we can operate feasibly, protect our interests, and provide an easy out of the relationship does not work for us. Attached is an LOA to begin the relationship, while we work through a contract to solidify the arrangement. Can you
The Columbian Exchange is a mark in history that has lead to pivotal outcomes that has affected the world today as well as the past. The Exchange between the old and new world has brought advances to today’s world due to sacrifices and interactions between two distinctly different populations. Both worlds introduced one another to new diseases, and resources that overall lead to advancements in research and new resources of survival to help sustain populations in both worlds, which have carried over into present day and has allowed for the development of the human population. Sustainable populations allowed individuals to no longer concentrate solely on survival rather have time to research and expand knowledge about health practices and give attention to preventing deadly epidemics. Although the interaction of disease did give rise to deadly epidemics in the new world the advancements made in medicine changed how disease and illness were treated and further allowed a change in perspective about health and survival.
Telemedicine, mhealth, wearable technology are revolutionary innovations that have the potential of taking over the health care world. Research experts predict that by 2030 there will be healthcare delivery teams that will be extremely different from today. Due to population management and advances towards a more value-based care, health care teams will take up a multidisciplinary role. Currently, now to some extent health care delivery has already started to make certain changes. A more localized and personal paradigm of care for all
This was a time period when Britain push for the innovation of new better products. This caused us to search for ways to make life easier this could be considered a major stepping stone. This era help us get where we are today in the the twenty first century it helped us make advancement in medicine for things we would not even think important but back then it could mean life or
As the facility begins to expand the services lines provided within the organization they could also recruit top physicians and other clinicians who specialize in oncology and other services. The organization could potentially expand the hospital so that it can provide more beds and private rooms for patients who come to the facility to receive their oncologic care. The hospital can continue to participate in and advance research opportunities that will propel the organization as the number one competitor and innovator of cancer research. Fox Chase Cancer Center takes the initiative to invest in its employees by provides continuing education opportunities for its clinical staff to ensure continued professional growth. This is an awesome tactic to maintain a low employee turn-over rate.
Limiting language barriers Because of the overwhelming evidence that cultural competence in healthcare add to better health outcomes, an obligation towards culturally competent care is growing among healthcare organizations. Healthcare organizations are starting to incorporate broad approaches to answer to the requirements of racial and cultural minorities. In addition, there are progressively more government guidelines that dictate better awareness of health organizations towards the increasing population diversity. Also, numerous health care organizations are concluding that creating and employing a cultural competence strategy is a noteworthy business move that augments the attention and contribution of both providers and patients (Dejesus, 2008) Growing the cultural competence of health systems also has the benefit of minimizing organizational and language barrier. The literature review demonstrates that culturally competent healthcare organizations create policies that attempt to address cultural concerns on all levels, from the establishment's Executive leadership to clinicians and administrative workers.