The Importance Of Partners In Health

1233 Words3 Pages
bulb-icon

Recommended: The importance of funding to ngo

Introduction
For this paper, the non-governmental organization I chose to represent was Partners in Health. Partners in Health was started in 1987 in Boston ("Our History | Partners In Health”). “Partners in Health’s mission is to provide healthcare options to people in need. Partners in Health is building long-term relationships with sister organizations, to achieve two goals: to bring the benefits of modern medical science to those most in need of them and to serve as an antidote to despair.” (“Our Mission | Partners In Health”).
This is an important issue because non-governmental organization like Partners in Health change the world for the better by providing healthcare to the people and communities in need. Partners in health started helping people in Haiti and later expanded their cause to around the world. Reviewing the annual reports, we can see that the amount of donations has drastically dropped since 2008 to the 2012. There is no really concrete reason as to why the donation have decreased, but we suspect that it is most likely due to the financial crisis. We think it is important to address the financial situation that our organization and other non-governmental organizations face and figure out ways to minimize operational costs as much as possible so we can spend it more on providing necessary healthcare or services and to keep an organization like ours in operation.
Background
After analyzing our most recent annual report from 2012. We noticed that our operational cost is approximately $20,000 over our revenue. Looking at our data from previous years, the $20,000 over-budget has occurred in the past. In 2010, Partners in Health had approximately $90,000 in unused funds which carry over at the end of ...

... middle of paper ...

...Currently, there are no other alternatives, but since the emergence of cloud computing it has already started evolving. CIO’s Florentine suspects that cloud computing will be more software based rather than hardware based in the years to come.(Florentine, & Olavsrud, 2013).
Conclusion and Recommendation
Even though cloud computing is still an emerging technology there are many benefits to our organization by adopting this technology. For instance, the reduction of operational cost, the ability to access data from any network and device, and the ability to upgrade and downgrade with ease whenever needed. Looking at the statistical data from companies that have adopted this technology, I think Partners in Heath should adopt Cloud computing. It think it is the perfect technology to solve our financial problems, as well as adding several benefits mentioned earlier.

Show More
Related

  • Healthcare Financial Measures

    944 Words  | 2 Pages

    The purpose of financial measurement in healthcare is to provide the community with the services it needs, at a clinically acceptable level of quality, at a publicly responsive level of amenity, at the least possible cost. This is done by providing healthcare finance managers with accounting and finance information to help accomplish the purpose of the organization (Nowicki, 2015). When making accounting decisions about budgeting and inventory control, an understanding of economics, statistics, and operations research is needed. Major Financial Measures

    Read More

  • Growth Strategies for Ophthalmic Consultants of Boston

    1827 Words  | 4 Pages

    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 ...

    Read More

  • Case Study : Titus Lake Hospital

    1024 Words  | 3 Pages

    First, let us analyze General Practice Affiliates’ current financial position. The income and expenses report shows a net revenue of $230,250. The net revenue is obtained after expenses, including taxes, of the company have been subtracted from revenue (Paterson, 2014, p. 124). The balance sheet shows a $306,180 in retained earnings. Retained earnings represent stakeholders’ equity (Paterson, 2014, p. 128). Retained earnings are usually invested back in the form of inventory or debt payments (Albrecht, Stice, Stice , & Swain, 2008). General Practice Affiliates’ cash flow analysis shows that the practice invests in new equipment. However, General Practice Affiliates mainly used cash during 2012. The main source of cash from operations came from depreciation expense, which is not a reliable source of funding (Paterson, 2014, p. 130). Accounts receivable increased by $50,000, while accounts payable only increased by $10,000. In addition, cash flow analysis shows a balance sheet data that is affected by future transactions (Paterson, 2014, p. 128). General Practice Affiliates choose to stretch the time to pay suppliers instead of paying its bills. ...

    Read More

  • Kaiser Permanente

    999 Words  | 2 Pages

    The health care organization with which I am familiar and involved is Kaiser Permanente where I work as an Emergency Room Registered Nurse and later promoted to management. Kaiser Permanente was founded in 1945, is the nation’s largest not-for-profit health plan, serving 9.1 million members, with headquarters in Oakland, California. At Kaiser Permanente, physicians are responsible for medical decisions, continuously developing and refining medical practices to ensure that care is delivered in the most effective manner possible. Kaiser Permanente combines a nonprofit insurance plan with its own hospitals and clinics, is the kind of holistic health system that President Obama’s health care law encourages. It still operates in a half-dozen states from Maryland to Hawaii and is looking to expand...

    Read More

  • Case Study: Performance Management and Peel Memorial Hospital

    841 Words  | 2 Pages

    1995 was a “watershed year” for Peel Memorial Hospital (PMH) in Brampton, Ontario (Harber, 1998, p. 59). The corporate goals and objectives were not being met as they were in the past. Additionally, the mission statement was not clear as to the objectives of the organization and there was no knowledge (among staff) as to what strategic direction the organization was moving in.

    Read More

  • Honor Health Vision

    763 Words  | 2 Pages

    The John C. Lincoln community that was used for this essay is comparatively poorer than the average, with large immigrant populations and face transportation issues that limit the ability of patient to receive both outpatient and emergency care (Honor Health, 2015). The mission statement of Honor Health is broad and perhaps uninspiring to key stakeholders, as is the organizations vision statement. Honor Health could benefit by expanding their mission and vision statements, thus increasing their value in directing and guiding their future strategic plans and goals. Randall’s (2015) assertion that a great organization is only achievable by having specific, measurable and achievable goals that are linked to the organizations vision and mission is correct; while the flexibility of Honor Health’s statements is interesting, the statements could be improved by being more descriptive and personal to the organization reason for existence and

    Read More

  • Bsbwor501 Final Proposal

    616 Words  | 2 Pages

    Objective 1: Improve services in the region area where the nonprofit organization is located by 40% by the end of the year. The health services within the organization needs improvement. To evaluate, we will need to determine how much funding available to improve services and to order new medical equipment. Each facility administration will keep account of the number of medical equipment supplies over the course of each year. Each facility will need to be addressed and examined to see what the needs are in each facility. To measure improve services, we will have surveys to give to the patients and families to ask how they feel bout new current healthcare services. The improve services will have better hands on medical help and quality and efficient medical technology equipment. Data will be

    Read More

  • Australian Health Care and Reform

    3441 Words  | 7 Pages

    A country’s health care system refers to all the institutions, programs, personnel, procedures, and the resources that are used to meet the health needs of its population. Health care systems vary from one country to another, depending on government policies and the health needs of the population. Besides, health care programs are flexible in the sense that they are tailored to meet health needs as they arise. Among the stakeholders in the formulation of a country’s health care system are governments, religious groups, non-governmental organizations, charity organizations, trade/labor unions, and interested individuals (Duckett, 2008). These entities formulate, implement, evaluate, and reform health services according to the needs of the sections of the population they target.

    Read More

  • The Mayo Clinic

    732 Words  | 2 Pages

    After physicians from other outside organizations were invited into the Mayo Clinic, the Mayo Clinic ceased to be a small hospital that it used to be before. It transformed into an enormous health care facility that offered a number of people in Minnesota comprehensive medical services that were based on advance health care techniques and approaches. The hospital began conducting extensively advanced surgical services to their patients. (Fasano, 2013). After this, the Mayo Clinic proceeded for a profit-oriented organization into a non-profit organization. This change was prompted by the fact that the physicians never had the o...

    Read More

  • Case Study of Ericsson and Amazon Web Services

    734 Words  | 2 Pages

    ...Implementation of cloud systems can be implemented in stages with costs that coincide with usage. The ROI outweighs the issues or problems that could occur. Cloud computing gives a competitive advantage of being able to keep up with changes in technology without having the cost involved. Amazons cloud computing allowed companies like Ericsson to remain competitive and thrive.

    Read More

  • Cloud Computing Essay

    897 Words  | 2 Pages

    Cloud computing is a very ambiguous term as everyone seems to have a different definition of what it means. One definition was suggested by Simon Wardley and Connonical (2009) who believed cloud computing to be a “generic term used to describe the disruptive transformation in IT towards a service based economy driven by a set of economic, cultural and technological transformations”. As a metaphor for the Internet, "the cloud" is a familiar term, but when it is combined with the term computing, the meaning gets broader and much harder to explain. Some individuals define cloud computing as an updated version of utility computing which started up in the 1960’s while others believe cloud computing is a term that defines a much larger range of services that include Saas (software as a service), platform as a service, MSP (managed service providers)
 and more. Cloud computing came into the spotlight when firms started thinking about a way to increase capacity or add capabilities instantly without investing in new infrastructure, training new employees, or licensing new software. Therefore it can be argued that cloud computing includes any subscription-based or pay-per-use service that extends a firms existing IT capabilities.

    Read More

  • Public Health Informatician Essay

    842 Words  | 2 Pages

    The improvement of health, enforcing policies, and monitoring comes from interrelationships between governmental and non-governmental entities. Since the 21st century the apparent need for an improved public health infrastructure has been a recurring topic on the state, local, and national level. In 2010 the Affordable Care Act authorized numerous clinical health reforms, a big step towards providers being accountable. {ACOs} Accountable care organizations are conducting health assessments and reporting metrics to payers. According to Magnuson and Fu, Jr., “Public health agencies must, in turn, evolve from being the only entities capable of assessing and monitoring population health to strategic and enabling partners involved in population health practice” (2014). A sense of involvement and shared work load is needed to help shift the challenges public health officials face. Public health officials promote and protect the community. With the involvement of other organizations more polices can be enforced and created to improve population

    Read More

  • Faith-Based Healthcare Organizations Essay

    538 Words  | 2 Pages

    In the past most of America’s hospital were religious based and funded by churches For example, “In fiscal year 2013, OhioHealth reinvested nearly $260 million in the communities we serve. Our Community Benefit increased $27.5 million over the previous year and included $120 million in charity care and $94 million in unreimbursed Medicaid costs. The total does not include millions of dollars in free care provided by the 3,600 affiliated and employed physicians practicing at neighborhood clinics throughout central Ohio.” Not only do these organizations contribute a significant amount of money to the community but also some facilities, such as SCL Health, provide amenities, such as educational programs and health screens, for the underprivileged. It is clear to see that faith based organizations have a closer relationship with their patients and the surrounding communities than that of their for-profit

    Read More

  • Characteristics Of Cloud Computing

    1003 Words  | 3 Pages

    Cloud computing is able to increase the speed of business. Cloud computing offers the speed to make computing resources on an instance basis, not just need to first survey time and skilled resources in design and implement infrastructure and applications to deploy and test it. Cloud computing can engance revenue, share bigger market, or other advantages.

    Read More

  • Strategic Purchasing In Health Care

    1089 Words  | 3 Pages

    Alongside with stewardship, creating resources, and service delivery, financing is considered one of quadruplet functions of every health system (1). The ultimate goal of financing is making enough resources so providers can be incentivized for improving access to health services. Success of health care financing depends on efficient performance of three functions: revenue collection, resource pooling and purchasing health services(1, 2). Purchasing is the process in which pooled resources allocates to a series of effective health services which are useful in promotion of people’s health by payment systems. Purchasing can be either passive or strategic.

    Read More

More about The Importance Of Partners In Health

Open Document