Assignment 5.3: Memo to Milwaukee Surgical Supplies‚ Inc. Board of Directors Average collection period is the time taken by the business to receive the cash payment from the customers who have bought the goods on credit from the company. Milwaukee Surgical Supplies is selling 100% on credit but the customers return cash within a month. On an average‚ it takes 27 days to receive the cash from the customers. The 30% of the customers pay in 10 day‚ 40% in 30 days and 30% in 40 days. Home Infusion’s
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The struggle with diverse community among healthcare system has been a part of the cultural competency and the diverse cultural limiting the ability for health care professionals to facilitate and deliver patient-centered care across cultural lines. The studies has predicted that the rise of Asian American and their descendants is increasing quite fast by 8% of the United States of America (USA) population by 2020 (Park‚ Chesla‚ Rehm‚ Chun‚ 2011). As the numbers rapidly increases‚ the cultural
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Healthcare Associated Infections (HAI) Presentation objective: Increase awareness of ways to prevent Healthcare Associated Infections Leann Bibbs Sheila Gerald Fnu Harvinder Kaur Marcela Rodriguez How HAI Costs? Millions of Dollars Much Pain and Suffering Loss of Limb and Life Are the leading cause of preventable deaths •Institute of Healthcare Improvement. (2015) 100‚000 Lives campaign. Retrieved from: IHI.org Individual‚ Family and Community • “The names of the patients whose lives we save
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The Effects of Biotechnology in Healthcare 2 Technology continues to have a major impact on healthcare and how it’s delivered in the U.S. The use of the technological developments in healthcare is what raises basic questions and the issue of whether or not it is ethical or moral to do so. The technology and research used in the US have no ranked one of the highest‚ are known as the best worldwide‚ and have therefore allowed Americans promising breakthroughs in the areas that include cancer
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Healthcare for Jail Inmates Tamera Robinson HCS/430 Legal Issues in Health Care: Regulation and Compliance January 29‚ 2012 Marsha Smith Healthcare for Jail Inmates The definition of health care is the prevention‚ treatment‚ and management of illness and the preservation of mental and physical well-being through the services offered by the medical and allied health professions. Human beings are entitled to receive adequate healthcare‚ even those humans locked up for
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HUMAN RESOURCES FOR HEALTHCARE MANAGERS Compensation and Benefits Options Within The Healthcare Industry Kaplan University Abstract The Human Resource Department is one of the most significant areas inside a business. Their job functions consist of providing effective policies and procedures‚ administrative duties‚ and staffing; In addition‚ HR must ensure the company’s vision‚ mission‚ and values are being followed by other departments in the organization
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Value-Based Healthcare I. The metamorphosis of health care is underway with the shift from a volume-driven‚ profit-oriented environment towards a holistic‚ value-based care approach. A recent study by Managed Care shows that “Three-fourths of providers currently participate in at least one value-based payment model‚ and more than 60 percent expect them to become the dominant payment model (pg. 1).” But what really is value-based health care‚ why do we need it‚ and why is it portrayed as the
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Privacy and Security Privacy‚ in healthcare is defined as patient’s right to control the disclosure of his or her confidential personal information. Security is defined as all the methods‚ processes and technology used to protect the confidentiality and safety of patient’s personal information. Privacy is very important aspect of the patient–physician relationship. Patients share personal information with their physicians to facilitate correct diagnosis and treatment‚ and to avoid adverse drug
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Social Change in Healthcare Managing in Social Change OMM 612 April 02‚ 2012 Social Change in Healthcare Healthcare in my community has been a major issue since the new millennium. The main reason has been that some people feel they do not deserve to have health care. Although people will continue to debate‚ the issues have recently been brought to justice. President Obama signed a new legislation into law on March 23 and March 30‚ 2010. The goal is to repair the nation’s health care
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Healthcare fraud is a major issue in our Healthcare system. It affects our overall economy and well-being of our citizens. There are many different types of healthcare frauds such as insurance fraud‚ drug fraud and billing fraud. Insurance fraud occurs when the insurance provider is given false insurance claims with the intent to defraud. As a result of frequent false insurance claims‚ the inspection procedure uses the best available experts and verification process to check the false claims
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