Issues2 III.Recommendations6 IV.References7 I.Introduction Hospital Corporation of America (HCA) is propriety‚ hospital management company founded in Nashville‚ Tennessee in 1968 with only one‚ 150-bed hospital and then grew to become the nation’s largest hospital management company. As of 1981‚ HCA owned or managed 349 hospitals in the United States and overseas. During the 1970s‚ HCA achieved its growth by acquisition of existing hospitals and construction of new ones. During the period of 1968-1981
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Introduction Hospital Corporation of America (HCA) is a proprietary hospital management company. The company has been following an acquisitive strategy by taking over hospital companies and not-for-profit hospitals. The firm is also considering expanding into new health service areas like home health care and outpatient surgery. The company is at a crossroads with regard to its financial goals; HCA currently faces the likelihood of adverse changes to the Medicare/Medicaid policy which could strain
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psychiatric hospitals have been used in America as an approach to control the mentally ill. As a matter of fact‚ “psychiatric hospitals‚ also known as mental hospitals and mental asylums‚ are hospital or wards specializing in the treatment of serious psychiatric illnesses” (“Psychiatric Hospitals”). Although the very first psychiatric hospital in the world was opened in 705 AD by Muslims in Baghdad‚ the first in America was not established until the late 18th century. These hospitals served as places
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goes to the GP. GP examines the patient and in some cases the GP will refer the patient to the hospital. In the hospital the person will be examined by a doctor and maybe there’s a surgery. After the surgery he needs to go to the local pharmacist for his medicines. The pharmacist sends him a bill. The payment of this bill will be arranged between the patient and the health insurer. 5. Four external factors that influence the costs of the hospital are: If the government doesn’t invest in the healthcare
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Panasonic Corporation of North America Panasonic Corporation of North America‚ based in Secaucus‚ NJ‚ is the principal North American subsidiary of Osaka‚ Japan-based Panasonic Corporation (NYSE: PC) and the hub of its branding‚ marketing‚ sales‚ service‚ product development and R&D operations in the U.S. and Canada. For more than 50 years‚ Panasonic has delighted American consumers with innovations for the home and business. Panasonic’s consumer electronics and technology products range from award-winning
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Executive Summary Statement of Problem Hospital Corporation of America (HCA) is a proprietary hospital management company that owns and manages chains of hospitals on a for-profit basis. HCA is currently facing a complex financial situation with their ratio of debt to total capital approaching 70%‚ as opposed to a target ratio of 60%. While some investors welcome HCA’s more aggressive use of leverage‚ others are worried that HCA’s capital structure could decrease the company’s current A bond
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Assignment #1: Shouldice Hospital case 1. How does the hospital’s operations strategy support its business strategy? 2. How well is the hospital currently utilizing its beds? 3. Evaluate the effects of the following two alternatives on the utilization of the bed capacity. a) a. Adding operations on Saturday (assuming that 30 operations would still be performed each day). b) b. Increasing the number of beds by 50 percent (assuming that the hospital would increase the number
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the provost. The provost being the head of both the medical school and teaching hospital is the most influential person and is in the best position to initiate decisions in solving the gap and inconsistencies between the two institutions. The case also indicated that the top management is the only one common among the two institutions so to address the problem occurring among the medical school and the hospital. The events that have transcribed in the renal unit should have been prevented also
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1.) How well is the hospital currently utilizing its bed? 90 beds x 7 days/ week = 630 beds available in a week 30 patients x 3 days x 5 days per week = 450 beds utilized 450 beds utilized / 630 availble beds = 71.43% The hospital is currently utilizing 71.43% of their beds‚ this is actually an ideal operating point. To increase its rate of utilization might decrease the service quality. 2.) Develop a similar
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Operations Management Shouldice Hospital January‚ 2013 Table of Contents Executive Summary ....................................................................................................................3 Scope .................................................................................................................................................. 3 Analysis ......................................................................................................................
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