STRATEGY ANALYTICS GROUP ASSIGNMENT-02 IIM – KOZHIKODE 2017 Submitted By:- Team members SL. Name Roll Number 01 Clifford Glasso EPGP-08-023 02 Aditiya Prasad EPGP-08-001 03 Tesel Thomas EPGP-08-122 04 Rishi Thaper EPGP-08-081 05 Manish Khaitan EPGCSM-09-21 06 Raman Marwaha EPGCSM-09-26 Faculty:- Prof. Deepak Dhayanithy CASE STUDY Fargo Health Group Case Managing the Demand for Managing Examinations Using Predictive Analysis-BAB266 ASSIGNMENT DETAILS QUESTIONS: Present the business problem and emphasize the necessity for a data-analytic solution Clearly explain your teams data analytics approach to tackle the business problem that your client is facing. Explain the nature and structure of the received data and how data inconsistencies and …show more content…
5) It shall help to study the trends of patients, availability of doctor’s location wise. 6) It shall help to identify risk & remove demand supply imbalances etc. 7) The success criteria shall depend on deployment, centralized monitoring, better predictions etc. FARGO ANALYSIS The summaries of analysis of data are as follows:- Type of Examination Violet Lafayette Baton Rouge New Orleans Total Angina 18 19 37 Aortic Valve Stenosis 21 12 06 39 Arrhythmia 28 28 56 CAD 06 02 02 10 Cardiac 327 419 320 1066 Cardiovascular 238 238 Chest Pain 18 09 06 33 Cor Pulmonale 05 05 Coronary Artery Disease (CAD) 18 01 01 20 Cor Pulmonale 22 22 Dermacology 04 04 04 12 Endocardtis 15 15 ENT 311 108 131 172 722 Gastro 383 10 04 16 413 Gen Med 311 311 Hearing 460 270 268 216 1214 Heart 121 424 545 Heart Palpitations 10 10 Ischemic Heart Disease 07 07 14 MRI 288 219 57 464 Myocardial Infraction 26 46 72 Myocardial Ischemia 17 05 22 Myocarditis 29 11 33 73 OBGYN 276 25 19 339 Opthalmology 263 168 19 548 Premature Ventricular Contraction 09 28 15 197 52 PTSD 276 27 19 337 Ringing in Ears 108 178 15
Last summer, the Delaware Supreme Court held that a lawsuit challenging an acquisition by a controlling shareholder seeking monetary damages against corporate fiduciaries must plead a non-exculpated claim against disinterested, independent directors to survive a motion to dismiss. The Court’s decision resolved two separate consolidated appeals by directors of Cornerstone Therapeutics, Inc. and Zhongpin, Inc. In each case, the Delaware Chancery Court denied the independent directors' motions to dismiss, analyzing that if the underlying transaction is subject to the “entire fairness” standard of review, all of the directors must remain defendants until the end of the litigation, regardless of any exculpatory language contained in the companies’ charter provisions.. In reversing on appeal, the Delaware Supreme Court held:
Background statement: Heritage Valley Medical Center has had a wonderful reputation for providing excellent health care services to their community. Initially, their community was 80% Caucasian, 40% African American, and 5% Hispanic. However, in the last 5 years, the population has changed to more minorities and the whites have moved out to the suburbs. This caused the Center’s occupancy rate to go down 40% because many of their traditional, more affluent, private-pay patients had left the neighborhood. To bring in revenue, they campaigned to bring in more Medicaid patients.
Per Pauline and Terence, you overlooked quite a few things such as (1) 2 chemo patients with the incorrect treatment dates, (2) hamp1/hamp2
Managed Care Systems: What are the economic benefits of Managed Care Systems? The economic benefits of managed care systems are derived from providing the best quality care for a lower price. When people are able to afford healthcare and utilize it earlier, their health outcomes will be better and cost of treatment will be lower. Managed care systems allow insurance companies to be in contract with health care providers so that they can provide health care at lower prices.
Hello Cat, Thank you for connecting with me on LinkedIn. I am a graduate accounting student from Indiana University the Kelley School of Business. My senior year in college, I had done researches about the costing issues in the healthcare sector and thus developed a strong interest in this industry. This past summer, I interned with a Pharmaceutical company in Louisville, KY. I learned about your organization from the school career website.
Cardiac causes. 4.4. Cerebrovascular causes. 4.5. Other causes.
Patient 4: Meredith B., Female age 38. She’s a lawyer/rep. With an annual income of $102,000. She has type one diabetes and is expected to live eight months without the procedure. Patient 5: Hiram Y., Male age 44.
PERSONAL STATEMENT FOR INTERNAL MEDICINE CLINICAL ROTATION The physician should look upon the patient as a besieged city and try to rescue him with every means that art and science place at his command (Alexander of Tralles). My decision to enter internal medicine as the next part of my venue responds to several driving forces. Besides deciphering the wonders of the human body, I know how important is to deal with the prevention, diseases detection, and treatment of adult illnesses.
The victim has chronic pain, she's been diagnosed with scholasis, spinal scholasis, and has a knee injury that requires she remain in a wheel chair. The victim is able to care for basic needs but needs assistance when she's in her wheelchair. Ms. Larington stated that her mother hit and slapped her a week ago after she found her outside smoking a cigeratte. The reporter stated words were exchanged and the victim was slapped after calling her mother a bitch. The reporter stated her mother doesnt ask her if she's hungry or needs anything and that her mother is hard of hearing.
Abstract The paper reviews the organizational chart and stakeholders relationships for Sheppard Pratt Health Systems. The organizational chart for each health care organization is different depending on the size and services offer by that organization. Most organizational charts begin with either a board of trustees or the CEO. Stakeholders are anyone who has vested interest in an organization.
Diageo The importance of organisational values to improve care-quality and patient experience A strong value driven culture is critical to the success of a high performing organisation (Great Place to Work, 2014). Many organisations such as Twinnings and Archer Daniels Midland Company (ADM) have values that underpin their vision. Strong values create a compelling purpose, build company resilience (Great Place to Work, 2014), improve staff wellbeing (Pruyne, 2012), staff practice (Aitken, 2000) and in the NHS improve patient outcomes (Gregory, 2009). This in turn has a significant impact on the patient experience.
The changing climate as a result of the advent of value-based care continues to place significant demands on hospitals, medical providers, healthcare organizations, and physicians to take a completely new look at the marketing strategy. A coherent strategy and sustained quality are critical in today’s healthcare market to attract new patients, retain existing clients, and maintain positive and productive relationships between the patients and hospital staff. To be viable today, healthcare organizations have to utilize effective strategic planning to develop integrated marketing strategies that makes it efficient and easy for the target population to identify what they need, make informed decisions, and provide insights and new information – not just basic promotion. Also, such efforts have to be constantly evaluated to ensure highest quality that fosters better outcomes and more value for the
Three healthcare organizations were the focus for this study: Care Oregon: Transforming Medicaid Health Plan from Payer to Partner, Genesys Health System: Primary Care Based Delivery System, Integrated Self-Management support and Community Partnership, and Quad Med: Transforming Employer Sponsored Healthcare through Workplace Primary Care and Wellness Programs.
Based on this case the cost driver is to properly distribute the direct cost among the different divisions. Dr. Julian would like to control her departments costs by having them distributed fairly among the divisions without affecting the hospital’s reimbursement/revenue. Carroll University Hospital is currently using the standard costing unit, which is based on the cost of bed/day for inpatients. Currently the present cost accounting system that is being used at CUH takes the total direct cost of the departments, then allocates the indirect costs and distributes it among the departments evenly regardless of the actual resources being used in those departments, and without considering that there may be some patients in these divisions that may require more resources than others, this method does not seem to recognize the different activities,
PERSONAL STATEMENT (NURFATIN BT MOHD SHAH) I want to further my study in this course because it is thrilling and rapidly- moving subject area, that is highly pertinent to the problem facing by society today. As far as I concern, cardiovascular disease is one of the popular cause of death. I am keen to learn more and involve in the latest advances in cardiovascular research. Over the years of studying, my interest in this area has increased.