Case Name: Community Health Systems I. Mission The Health Care System of Opportunity: Community Health’s System is committed to “building a network of thriving hospitals vital to the residents and economic development of the communities served.” They go on to say that they have assisted community hospitals with problems and challenges they typically face such as a lack of capital‚ difficulty hiring physicians‚ and retaining management with a high amount of experience and expertise. In addition
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quality of care for Medicare patients since the Affordable Care Act was passed in 2010. In 2012 CMS implemented a program called The Hospital Readmissions Reduction Program (HRR)‚ this program is intended to improve health care for patients with Medicare to improve the quality of care that is provided versus the quantity of care. This program provides incentives to hospitals‚ which is intended to reduce costly and unnecessary readmissions (Centers for Medicare and Medicaid Services‚ 2016). The conditions
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Balance of payments (BOP) accounts are an accounting record of all monetary transactions between a country and the rest of the world.[1] These transactions include payments for the country’s exports and imports of goods‚ services‚ and financial capital‚ as well as financial transfers. The BOP accounts summarize international transactions for a specific period‚ usually a year‚ and are prepared in a single currency‚ typically the domestic currency for the country concerned. Sources of funds for a nation
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Acquisition and Payment Cycle According to Arens‚ Elder and Beasley (2006)‚ “is considered as the third major transaction cycle.” The three major transactions in the acquisition and payment cycle include: 1. Acquisition of goods and services 2. Cash Disbursements 3. Purchase returns and allowances and purchase discounts Components such as‚ acquisition of raw materials‚ equipment‚ supplies‚ utilities‚ repairs and maintenance‚ and research and development plays a major role in the acquisition
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definitely an advantage to the company to motivate employees as much as possible. ‘The Carrot and the Stick Approach’ described by 19th Century philosopher‚ Jeremy Bentham‚ says that motivation can be achieved using a system of rewards (the carrot) and penalties (the stick). The new wage-payment structure in the company can be regarded as ‘the carrot’. Promotion to higher pay grades will be an incentive for employees to carry out their jobs as effectively as possible. Requiring employees to carry out certain
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Hospital Hygiene As Hospital Director‚ many actions need to be taken when it comes to keeping this hospital safe and free from bacteria as possible. Many infection control measure should be taken‚ and it is not an issue that should be taken take lightly. Many things will be implemented into the building of this hospital to prevent and reduce the risk of Hospital Acquired Infections (HAIs). One measure that will be taken to prevent HAIs is installing copper‚ bronze‚ and brass fixtures throughout
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Q: Analyse the impact of changes in the global economy on Australia’s Balance of Payments. The Balance of Payments is a record of all of Australia’s transactions with the rest of the world in one year. There are three main components; the current account (CA) and the capital and financial account (KAFA). The current account concerns the balance of goods and services‚ net primary and net secondary income. The capital and financial account consists of foreign aid‚ intellectual property‚ investment
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Acquisition and Payment Cycle – Audit Program Design Part II Acquisitions General: 1.) Review purchase and expenditure procedures with accounts payable personnel‚ receiving personnel‚ cashier‚ and vice president of finance department. 2.) Examine general ledger for large and unusual disbursement amounts. 3.) Determine whether purchases greater than $5‚000 have additional approval. Audit Objective: Recorded acquisitions are for goods and services received. 1.) Examine documents in
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Bitcoin‚ which receive lots of query from publics or professors‚ do have its positive side— both for the conveniences of international transfer transaction and for the healthy development of economics. Since the Bitcoin is a peer-to-peer payment system based on virtual transactions‚ the transfer fee was little (even none). Compared to Bitcoins’ little transfer fee‚ the transfer fee of banks and transfer institutions is much higher. From the up to date report of the profit of western union‚ an international
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Line Development Trinity Community Hospital New Orthopedic Line Business Summary The following is a summary of advantages and disadvantages of building‚ buying and leasing space for the new orthopedic line at Trinity Community Hospital. Included in this summary‚ is the option I recommend and my basis for this choice. When considering building‚ buying or leasing space for the new orthopedic service line‚ one must consider current trends in healthcare. Hospital construction continues to struggle
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