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My 29 years in the medical field have been working in nearly every medical specialty and hospitals throughout the Mid-Atlantic and Northeast Region. During that time, I’ve been able to penetrate and access every area in both small and large medical practices to help educate a physician and their staff how to increase their practice revenue and referrals while providing state-of-the-art care for their patients. As a business owner, I have developed extensive experience negotiating contracts with hospitals, physicians, manufacturers, CEO’s and top executives. At the same time, build relationships with every level of management in companies, hospitals and physician practices as well as all personnel in the organizations. As a business person,
1. Summarize the main point of this episode on The Story of American Public Education
The United States has proven to be a world leader with their powerful military, democratic government, and stringent foreign policies. There is one category however, the United States struggles to be number one in, education. As shocking as this may sound, the public school system in America is not superior to other developing countries. I have witnessed this scandalous phenomena firsthand, engrossed in the public school system from kindergarten to freshman year of high school. The student body and the school administration is morphing into a nonproductive system with a zombie-like attitude. American students lack academic drive and curiosity compared to European and Asian countries because the standard for academic success is constantly lowered. Americans must reform the school system and change their perspective on how important an education is to the rest of the world.
In addition to this business plan, we must also address the financial issues plaguing this organization. To illustrate some of these issues lets look at some of the trends here at OCB and within our Industry: For example, OCB’s clinic operations profitability in 1990 was 60%, and now in 1996 our profitability is only 37%, which is down 23 percentage points! We can blame some of this on rising costs of overhead, consumables, etc, however this is happening as the industry as a whole is growing 5% annually, and as our customer base, largely senior citizens, population is growing at almost 1% as year. We should be capitalizing on these industry trends, however, as you all know, not all the trends work in our favor. For example, our lifeblood, the Insurance company’s managed care organizations, and government healthcare reimbursement programs shows a downward trend of allowable payments for our services (DRGs) For example in 1995 the DRG price of ...
The greatest country in the world still has problems evenly distributing education to its youth. The articles I have read for this unit have a common theme regarding our education system. The authors illustrate to the reader about the struggles in America concerning how we obtain and education. Oppression, politics, racism, and socioeconomic status are a few examples of what is wrong with our country and its means of delivering a fair education to all Americans.
The Brooklyn Hospital Center recognizes several goals within their strategic plan to assist them in achieving the highest quality patient-care and customer service, hiring the best possible employees, sustaining financial security, improving their research and education programs, and increasing patient accessibility to their services (The Brooklyn Hospital Center, n.d.). Their long-term goals include: achieving financial security to maintain their long-term viability; becoming the employer of choice within their com...
Cuellara, A. E. & Gertlerb, P.J. (2006). Strategic integration of hospitals and physicians. Journal of Health Economics, 25(1), 1-28. Retrieved February 21, 2011, from http://members.cox.net/mshachar/Cuellar_2006_via_TUI.htm.
Competitive advantage matters greatly to those responsible for the management of healthcare institutions. Together with rapidly escalating healthcare costs, increasingly complex medical technologies, and growing regulatory and legal pressures, healthcare organizations face a critical need to improve the quality of care at reduced costs (Cu...
Throughout the 20th and 21st centuries, the American educational system has undergone much transition in response to our changing society. Though there have been many problems raised throughout the years in regard to what our school systems should be teaching our children, there have also been many developments.
My current employer, Mayo Clinic, is a world renowned not-for-profit hospital that has been established for 150 years. Mayo Clinic is the first and biggest integrated not-for-profit medical group practice in the world and is a well-known brand name that is recognized world-wide. Working for an organization where the primary value is the needs of the patient come first, the organizations domain is held to a higher standard. The mission statement is to encourage hope and contribute to health and well-being by providing the best care to all patients through integrated clinical practice, education and research (Strategic statement of Mayo Clinic, 2012). The vision statement is that Mayo Clinic will offer an unparalleled experience as the most trusted partner for health care (Strategic statement of Mayo Clinic, 2012). In the medical field, innovations, research and technology motivate the business to perform and deliver care in a new standard. Mayo Clinic has a logo of three shields that are interlocked, presenting patient care, research and education.
WellStar Health Systems is currently the preeminent and largest health care provider in Metro Atlanta. WellStar Health Systems is a not-for-profit institution that is composed of 5 hospitals and an abundance of physician groups. Physician specialty groups included within WellStar are: ENT, Psychiatry, Endocrinology, Pulmonary Medicine, Infectious Disease, General Surgery, Rehabilitation, Pathology, and Rheumatology. WellStar’s organizational design is composed of internal and external factors that define the organization’s size, organizational structure, and processes. Internal and external factors are the basis for influencing managerial conclusions in decision-making. These factors vary from organization to organization and are the rationale for understanding WellStar’s strengths, weaknesses, opportunities, and threats. Understanding these variables is a necessity for the sake of WellStar’s survival
Healthcare organizations are designed to meet the healthcare needs of individuals and promote a healthy community. The three healthcare organizations that interest me are: The Heart Hospital Baylor of Plano, Texas Health Center for Diagnostics & Surgery Plan, and Parkland Health and Hospital System. Due to evolving healthcare industry, focusing on just patients and physicians is no longer a marketing strategy. According to Mycek (2015), “Marketing teams need to expand their consideration set and focus on the new 5 P’s of Healthcare Marketing” (p. 1). The new 5 P’s of marketing now impact the marketing potential of healthcare organizations by offering changes in sales rep – physician access, purchasing, formulary decision making, and growing patient empowerment. The new 5 P’s of marketing are: Physicians, Patients, Payers, Public, and The Presence of Politics.
At Mayo Clinic, the organization is driven by the needs of the patient and providing an unparalleled experience through integrated clinical practice, research and education for all patients. Analyzing the strategic plan for Mayo Clinic and identifying and summarizing long-term and short-term plans helps to develop an outlook for the future. “US News & World Report ranked Mayo Clinic as one of the 21 “Best Hospitals” in the United States in 2009” (Jones, 2010, p. 52.), and has been on this list for last 20 y...
After a 60 minute interview with Dr. Rob Geis, Director of Procurement at BayCare Health System, I was ready to take on the world. Dr. Geis completed his Masters and Doctoral degree at State University while working at BayCare. After completing the two advanced degrees he was promoted to Director. Currently he teaches two online classes at The University of Phoenix on Health Care management and procurement. As a director at BayCare Health System he has to hold trainings for potential vendors and current vendors along with the training sessions for employees that will directly intervene with the vendors of the behalf of the Health System. It was inspiring to see someone who has successfully blended three different adult learner experiences together; a student, corporate trainer, and adjunct professor.
Some of the subjects that are beneficial for those still in school and those looking to add to their skillset may seem more appropriate to a business curriculum, but can benefit health care. These include understanding strategic planning, theories of change management, critical thinking skills, visioneering, applying innovation, dealing with human capital, and creativity. Instilling these skills early can benefit any physician who will be highly desired by health care facilities, but it’s never too late to add to a skills repertoire for those physicians that feel that these types of skills were not adequately focused on during their time in medical school. Encouraging more physicians to take on the role of leadership whether inside of the management team of a medical facility or working without that granted
The healthcare industry is the fastest growing industry in the U.S. economy. Guaranteed success in this industry stems from the many positions developed by U.S. government agencies. Healthcare power is shared among federal and state governments to allow proper distribution of regulation throughout the United States. The need for healthcare will only become greater so it is important for everyone to be educated on who, and what, keep America’s health industry well run.