Healthcare Management The penalties instituted on the hospital by Medicare are witnessed among several other medical organizations. They were adopted in 2012 as a mechanism to ensure that hospitals reduced their rates of readmission and gave value treatment to their customers. The penalties have their implications on the financial wellbeing of the healthcare facility. Therefore, it is only suitable for the organization to work towards reducing readmissions. They pose an issue with how the organization is managed and how patients are treated while at the same time, affects hospital financial stability and operations negatively. Parameters of the Issues What is happening? As depicted on the Medicare penalties, the organization has had a high number of hospital readmissions. One of the issues that have not been held with the due seriousness that they deserve by medical organizations is the transitioning of patients from hospitals and their recovery at home. The hospital seems to be failing at the process. There is a need to ensure that the patients being released from the facility are only those who can cope and move into…
Affordable Care Act (ACA) Healthcare issues have always been at the center stage of politics in the United States. They include healthcare insurance, Medicare and Medicaid Services, premium cost, healthcare reforms, and healthcare access to underserved and vulnerable populations. Interests in universal healthcare insurance came up in political spheres before the mid-19thcentury, but none of the proposed plans came into effect. It was during Harry S. Truman’s presidency that Congress presented the most notable proposal on universal coverage and its implementation. It was not until the passing of the Patient Protection and Affordable Care Act, also referred to as the Affordable Care Act (ACA) or “Obamacare” in 2010 by President Obama that a significant step was made to achieving universal healthcare insurance. The main goals included reducing the number of uninsured Americans, making healthcare coverage more affordable, and expand access to care. The healthcare policy achieved these goals through amending Medicare, expanding eligibility for Medicaid, providing subsidies for insurance purchase for people of moderate income, creating new market places where individual without the coverage of employers could purchase policies directly…
ARIZONA TUITION IMMIGRANTS The United States faces one of the highest immigration rates in the world currently, with a majority of the immigrants entering the country illegally. The state of Arizona is a borderline state that has illegal immigrants and has come up with a model that considers the effects of immigration on workers, capital owners, and aggregate welfare. In the article, the state of Arizona has different tuition rates that are dependent on whether one is an immigrant, either legal or illegal, or a US citizen. Immigrants have significant effects on a state; for example, the increase in labor means that the real wage rates will decline due to the excess supply of labor compared to the scarce demand for labor. Expanding eligibility requirements for the tuition program means that more immigrants will be able to access higher education, thus increasing their competency in the job market. The US, however, consists mostly of immigrants considering they had an open border in the past, improving the welfare of the source country and destination country. The increase in welfare is a…
business plan for Kau Travel Agencies Executive Summary This paper seeks to present a business plan known as Kau Travel Agencies located in Kaula Lumpur, Malaysia, and specializing in airline ticketing, hotel reservations, tour guiding about specific destinations, and creating itineraries among other services. Kau’s mission is to serve the Malaysians and the growing number of tourists coming from China and India and other foreigners who frequently visit the country. The vision of the agency is to provide high, quality, and standard services that will maintain the reputation that Kau is enjoying from the customers. The plans are to partner with major airlines in Malaysia, which will enable the customers to enjoy exceptional services with more quality and value creation and to establish a five-star hotel that will accommodate a number of its customers and offer quality services. Additionally, the firm will provide online travel services where the customer will have the privilege to choose from any of the partner airlines to ensure customer quality service. The company expected to establish an Estimated annuals sales turnover of the agency is…
A Taxi Company Facing a Competitive Challenge Introduction and the Problem Statement Recently, the world has seen a phenomenal rise in digital platforms that seeks to revolutionize the mobility industry. The seasoned venture capitalists run these platforms aiming at seizing the market from the traditional players in the mobility industry (Hughes, 2017). Among the top players disrupting the taxi market include Uber, Lyft, Didi Chuxing, Taxify, and Ola (Pernicka, 2017). Through apps and websites, these players offer competitive services that substitute Taxi services (Cramer & Krueger, 2016). Unlike taxi players, ridesharing companies offer customized mobility services allowing travelers to have better experiences (Eisenmeier, 2018). Apart from this, these companies are convenient, cheaper, and accessible to travelers. Therefore, the vast benefits offered by ride-hailing platforms over taxi services are factors contributing to a shift in consumer behavior in favor of rideshare companies. The ridesharing platforms have disrupted not only the taxi businesses but also the entire mobility industry, with the entry of players such as Uber and Lyft in the market. In this research, the market analyst will examine the implications…
Benefits of Hiring Social Media Marketing Agency Social Media Marketing is a kind of internet advertising that uses social interacting sites as a publicity tool. SMM aims to produce content that viewers will share with their social networks to help a company increase brand exposure and reach clients. Most social media networks have built-in data analytics methods, which enable firms to track growth, success, and commitment to advertising campaigns. Social Media Marketing Companies or Agencies address many shareholders via social media marketing, including current and possible clients, existing and forthcoming employees, bloggers, journalists, and the general public. At a strategic stage, SMM comprises the management of a marketing campaign, governance, determining territory (e.g., more passive or active use), and forming a firm’s preferred social media “culture” and “tone.” Benefits of Hiring Social Media Marketing Agency Business Marketing Business marketing is an essential advantage of appointing a social media firm. Such a firm encourages the products and services of a firm by formulating effective policies. Marketing is the primary function of a social media company or agency. These agencies or companies…
Williams limited Management report Executive Summary William Company limited is considering some options in an attempt to increase revenue. The reason being William has been facing a cashflow problem. The company depends so much on its parent company in South Africa. To solve the cash flow problem, the company wants to invest in a new Software known as an advanced suite. The software cost is 9 million and will generate annual cash flows. Secondly, the company wants to open a new Drop-In Center in London. The company will sell the advanced Level package (ALP) and Entry-level Package (ELP) in the new centre. The costs and estimated sales for April, May, June and July are available. The company will invest 6,000 as startup capital and will get a loan of 21,000 with an interest rate of 3.5%monthly. The report outlines some methods that are used to analyze the investments such as Investment appraisal methods, cash budgeting and breakeven analysis. The methods will evaluate the company to determines its position and performance during the period. Since William Company Limited has been relying…
MANAGEMENT SYSTEMS Introduction The workers’ safety health and wellbeing are vital concerns to the millions of people working in the whole world. Statistics show that approximately two million people die globally from work-related accidents, injuries, or illnesses. Furthermore, depression has been highly attributed to occupational risks, thus negatively impacting on the worker’s health conditions. As such, the global action plan has deliberated on strategies to develop policy instruments needed to protect and maintain a worker’s health condition. Besides, the government and other stakeholders in the working environment have articulated the positive effects of productivity. So, the need to increase productivity has led to the development of ILO guidelines to help the workers, employers, and government to collectively improve OSH performance. Therefore, a critical analysis of the similarities and differences between ILO guidelines on OSH management and healthy workplaces, a model for action is developed. The scope of workplace safety, health, and wellbeing programs The ILO guidelines highlight the scope of workplace safety, health, and wellbeing programs as the expected behavior while responding to an emergency. Hence, ILO guidelines provide evacuation…
MANAGEMENT EFFECTIVENESS: LEADERSHIP, PSYCHOLOGY AND DECISION MAKING Management Effectiveness: Leadership, Psychology and Decision Making Leadership is the key to organizational success. Thus every company should recruit leaders with adequate knowledge, attitude and skills to ensure good relationships among workers, boost morality and productivity of staff to achieve its mission and vision. Organizations face daily challenges that require leaders’ decisions. However, some fail as a result of poor choices. Therefore, the study attempts to discuss issues of leadership and decision making in organizations. Precisely, the researcher will come up with an organization scenario that required leaders’ critical decisions. Further, the researcher will review the given article on leadership to summaries factors that influence leadership styles and decision-making, such as principles, theories as well as biases, and how well leaders can use them to arrive at the best decision to improve or save a company from collapsing. Nonetheless, every person can be a leader in different ways, but the leadership skills and knowledge differ, which determines who is a good leader and who is not. Perhaps, leaders are…
Major Technology Trends Affecting the Engineering Industry the Most 2020 is expected to turn out as one of the revolutionary years that shall be significantly transforming and advancing the exiting trends in technology. The major trends in engineering are taking over drastically and it can be assured that finally ‘the future is here to stay.’ As per recent surveys, the next-generation engineers are on the verge of coping with the dramatically evolving trends and collaborating with the emerging technologies by upgrading and polishing their skillsets. The ever-advancing paradigms are not only influencing the engineering industry but also the allied fields, and the job roles in the industry. The professionals responsible for design are experiencing the biggest challenge due to rapid technological changes. Other than that, the industry of engineering is also transforming aspects of design, manufacturing, project accomplishing techniques, usage f resources, cost and many more due to the rise of disruptive technologies. Here is a demonstration of some of the powerful technological trends that are shaping the future of engineering. Digital Currency Bitcoin is the new hype that today’s…