Case Background This case is about the development of new technology at Century Medical – a large medical products company based in Connecticut. For the past few years, the company had made significant progress by integrating technology into its systems and processes. Sam Nolan is the Chief Information Officer at Century Medical. He has been working with Century Medical for the past 4 years. He has taken initiatives and led projects to design and implement various systems for Century Medical. One of them was a benefits-administration system for the HR department of the company. The other was a web-based purchasing system that improved the purchasing of supplies and capital goods. These new systems automated the various office processes. This not only drastically reduced the time required to carry out the related tasks but also left the managers with more time so that they could concentrate on the value added activities. The projections showed that the system was to save Century Medical $2 million annually. This technology upgrade was possible because Sam Nolan was successful in making the people in the company recognise the various benefits (like information and knowledge sharing, integrated business processes, better team co-ordination, etc) associated with the new technology. Problem Identification Sam Nolan had proposed a new web-based job posting system for the organisation. The idea was to ease the hiring of personnel from within the organisation. The system would link Century’s managers, recruiters and the job applicants. This would lead to a lot of savings in terms of recruiting and training cost. Sam Nolan also gathered a project team to develop the idea. Later the project got endorsed by the executive vice-... ... middle of paper ... ... system, Sam Nolan should approach Century Medical’s finance department and propose the same system to them. The finance department will then forward the proposal for the higher management’s approval. 4. Sam Nolan should talk to the CEO of Century Medical, explain the benefits of the new system and persuade him to support the initiative. Our Recommendations Based on the above analysis and the various alternatives, Sam Nolan should take the following steps – Sam Nolan should go ahead with the pilot implementation of the project. He should then present the cost-benefit analysis of the same to Tom Carr. Sam Nolan should use the results of the pilot project to persuade Tom Carr. He can also cite the examples of previous successful project implementations and the benefits derived from them. Thus Nolan should try to get a favorable response from Tom Carr.
Along the same lines as the capability gap for bundled payment models, ACOs are experiencing a similar need. CMS reported the financial results for more than 300 ACOs in August of 2015, and together, the ACOs generated savings of over $400 million. Despite these aggregate savings, more than 40% of those ACOs increased spend relative to their baseline expenditure. (Source: CMS, Medtronic analysis) As a result, there is significant opportunity for Medtronic to leverage the breadth of its product line and VBHC capabilities to play a role in bridging care settings and connecting disparate care teams in order to improve outcomes and lower costs over a longer time
Jack O’Brien, the head, was convinced that the tools would provide a robust means to communicate the project status to management and to identify critical issues.
This paper’s brief intent is to identify the policies and procedures currently being developed at Midwest Hospital. It identifies how the company’s Management Committee was formed and how they problem solved and delegated responsibilities. This paper recognizes the hospital’s greatest attributes and their weakest link. Midwest Hospital hired Dr. Herb Davis to help facilitate the development and implementation of resolutions for each issue.
...lthcare system is slowly shifting from volume to value based care for quality purposes. By allowing physicians to receive payments on value over volume, patients receive quality of care and overall healthcare costs are lowered. The patients’ healthcare experience will be measured in terms of quality instead of how many appointments a physician has. Also, Medicare and Medicaid reimbursements are prompting hospitals, physicians and other healthcare organizations to make the value shifts. In response to the evolving healthcare cost, ways to reduce health care cost will be examined. When we lead towards a patient centered system organized around what patients need, everyone has better outcomes. The patient is involved in their healthcare choices and more driven in the health care arena. A value based approach can help significantly in achieving patient-centered care.
Gershon, H., & Pattakos, A., (2004). Creating market opportunities: Innovation is key. Journal of Healthcare Management, 49(1), 9-11.
Once the new products are identified for your business (Milestone One), how has the use of technology helped or hindered this organization in determining which new products to
We at Capstone Health Consultants are pleased to provide the Board of Directors of Utopia University Medical Center our recommendations regarding design, development, and deployment of a multi-disciplinary Telemedicine program for outlying clinics.
With consolidation among hospital systems over the last few years there has been a trend toward ways to streamline processes. By having “shared services” such as laundry services, human resources and radiology and diagnostic services it’s possible to lower costs and have common processes. The advent of health care reform and the Affordable Care Act (ACA) with its Information Technology (IT) incentives has led to greater interest in risk management and IT solutions. While there was a decrease in 2012 on outsourcing IT services the finalization by the Supreme Court of the ACA and President Obama’s re-election cemented the need for an IT solution (Kutscher, 2012)
I had the opportunity to meet with Dee Laguerra for a few hours and learned so much about the Medical records side of our facility and its impact on healthcare organization. As Director of Health Information Management (HIM) she is responsible for many aspects of managing the medical record; which is a legal document. I did not realize how complex this department is and how vital this department is to the legal and financial position of the organization. Dee’s position as director is the responsibility for the collection, organizing, scanning, and completions of the medical records in a timely matter after the patient is discharged. The reason for the timeliness of scanning the medical records is for the preparation for the coders to review all the charts to code for insurance billing. The time requirement for th...
There are many challenges when it comes to our health care system that define the future strategic direction. The one chosen for this paper are reform and legislation, information technology advancements such as the electronic medical record (EMR)/ electronic health record (EHR), access to health care including the uninsured and those in the poverty levels, maintaining a skilled workforce and Pay for performance. These challenges pose threats to our health care system planning for the future.
One of the largest nonprofit organizations in presently in health care is Banner Health. It is their mission to give precedence to quality patient care and want to be known as an innovative national leader that is constantly and consistently growing clinically. The Samaritan and Lutheran Health Systems joined together to make Banner Health what it is today. They provide various programs and services so that they can readily address health care needs for the next decade such as eICU, iCare, Banner Research, and Alzheimer’s Care. Banner health’s network has grown since it has been established and is one of the top leaders in health care. Banner Health lives up to their mission of providing outstanding patient care by offering innovation through technology and performance management programs.
Unfortunately, the quality of health care in America is flawed. Information technology (IT) offers the potential to address the industry’s most pressing dilemmas: care fragmentation, medical errors, and rising costs. The leading example of this is the electronic health record (EHR). An EHR, as explained by HealthIT.gov (n.d.), is a digital version of a patient’s paper chart. It includes, but is not limited to, medical history, diagnoses, medications, and treatment plans. The EHR, then, serves as a resource that aids clinicians in decision-making by providing comprehensive patient information.
In the past several years the healthcare system has experienced new changes in its structure and technology. The macro trends in healthcare are healthcare reform and the regulations of technology in healthcare that the government has put in place. Healthcare systems in the past have had some real complications both in the provided care and computer technology
reimbursement determinations. As a result, the camaraderie among physicians has developed into a more aggressive approach to impede competition (Shi & Singh, 2012). Little information is shared with patients in regards to procedures or disease control. The subjects are forced to rely on the internet for enlightenment on the scope of their illnesses (Shi & Singh, 2012). Furthermore, the U.S. health care system fails to provide adequate knowledge on billing strategies for operations and other medical practices. The cost in a free system is based on supply and demand and is known in advance of hospital admission (Shi & Singh, 2012). The need for new technology is another characteristic that is of interest when considering the health care system. Technology is often v...
The health care industry has changed drastically in the last 10 years in aspect to preventive services, facilities that provide services to the underinsured or uninsured, and perspective health care professionals entering into health care. The use of technology