...Capital Expenses Financial Resource Management HSC571 July 21, 2014 Capital Expenses At Baptist Hospital Cancer Center it has been determined that a proposal for expenses for a digital imaging system is needed. This system is the BioVision by Faxitron. It is a Digital Surgical Biopsy Specimen Imaging System. The total cost is $99,875.00. With this acquisition it will include an instant corroboration of an effective biopsy procedure. This system has over twenty features. Some of these includes the 10cm x 15cm digital detector, high resolution 2.3 MP flat-panel LCD monitor, Ergonomic Keyboard, Transparent Imaging Door, 3 Hour Battery Backup Operation, Battery Life Indicator, Automatic Exposure, Automatic Calibration, 2 times Magnification, and DICOM compliant. The best feature will be the time saved in the operating room by using this imaging system. Additionally it includes one year warranty and one day of in-service training by a factory trained professional. This proposal explains how the acquiring of Faxitron’s BioVision is supported by the organizations goals and management needs and improving the financial well being of the Miami cancer center. The purpose for this report is to establish the need to invest in this system. The report will disclose financials and operating costs. The Baptist Hospital Cancer Center is a corporation that provides outpatient treatments to patients in its targeted area. Most of our patient about 85% to 90% will have health...
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...Company G 3-Year Marketing Plan Assessment Code: 318.1.5.06 - 15 Table of Contents Introduction 3 Mission Statement 3 Product Description and Classification 3 Consumer Product Classification 3 Target Market 4 Competitive Situation Analysis 4 Analysis of Competition using Porter’s 5 Forces Model 4 SWOT Analysis 5 Strengths 5 Weaknesses 6 Opportunities 6 Threats 6 Market Objectives 7 Product Objective 7 Price Objective 7 Place Objective 7 Promotion Objective 7 Marketing Strategies 7 Product Strategies 7 Price Strategies 7 Place Strategies 8 Promotion Strategies 8 Tactics and Action Plan 9 Product Action Plan 9 Price Action Plan 9 Place Action Plan 9 Promotion Action Plan 9 Monitoring Procedures 10 Introduction Company G is a well-established firm that is highly regarded in the electronics market. The engineers and designers at Company are always coming up with new and innovative products to keep Company G in front of its competitors. Working hard to maintain a low debt to equity ratio and a high credit rating the business managers have positioned Company G well in the market. Company G’s has worked to maintain an excellent working relationship with all of its suppliers by paying a fair price for their materials. Mission Statement “We enable consumers to improve the quality and convenience of their lives by providing innovative electronics solutions...
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...19 Management System 19 The Board of Directors and Executive Committee 20 Corporate Auditors and the Board of Corporate Auditors 20 Nikon Board of Directors and Corporate Auditors 21 Canon corporate governance 22 Board Of Directors 25 Porter Five Forces 26 Rivalry 26 Threat of Substitutes 27 Buyer Power 28 Supplier Power 28 Threat of new entrants 28 corporate culture 30 Nikon 30 Canon 30 Conclusion 31 References 32 Strategic Management Comparison between Nikon and Canon Introduction “One image has more value than a thousand words.” Every day we see that normal citizens are using Imaging (from cellular cameras to complex systems) for the benefit of the community: at one side demonstrating and fighting corruption, violence, governments lies and at the other side presenting beauty, art and sharing love stories. Imaging industry has come a long way in the last century. Today one has access...
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...Ryan Senior Vice President, Business Operations McGraw-Hill Construction Background McGraw-Hill Construction—which includes Dodge Reports, Sweet’s and other web information services and publications—is the leader in providing information, intelligence, tools and resources to the $4.6 trillion construction industry. It’s constantly looking for ways to improve its operations to connect its customers to projects, products and people. A few years ago, the company’s MHC Dodge division decided to streamline the way it added new content to its vast digital database of architectural plans, specifications and other information related to active construction projects. The valuable database is subscriber based and contains more than 65,000 projects that are updated daily. At the time, the organization relied on five geographically dispersed in-house imaging facilities to convert hard-copy construction documents into digital form. The internal imaging process was not optimized, however, because it required scanning each document twice—once to produce microfilm and once for the digital image file. The operation also was time-consuming, because the hard copy originals had to be returned to the people who provided them. That required meticulous tracking. To sharpen its focus on its core competency— providing the best source of up-to-date construction information to subscribers—the company decided to outsource its imaging operations. The company was looking for...
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...Facility Planning Shrunda Young-Johnson HCS/446 August 6, 2015 Janice Chilton Facility Planning Houston Texans new ambulatory clinic in Cleveland, Texas will be opening soon. It will feature state of the art surgical center. The Houston Texans Ambulatory Clinic will be have outpatient same day surgery center and imaging center. Our Ambulatory Clinic will have an unveiling in the summer of June 2016. This paper will focus on regulatory requirements and the effects on design and equipment, color selection implication and noise issues, electronic item needs, examination of budget planning and cost estimates, description of stakeholders and implementation plan. Health care organization know the regulatory requirement and their effect on design and equipment, especially for ambulatory clinics. Outpatient clinic have beds that are devoted to “hotel function” the typical nursing units of hospital and the extensive dietetic and housekeeping area that accompanying them (WBDG,2014). The implementation is organized in three steps which are routine, predictive maintenance and preventive. Manager for this ambulatory facility will have contractor and city of Cleveland public health to provide what compliance and regulation on material used for the facility. The color selection is very important in an outpatient ambulatory clinic due to it can create an illusion of a higher ceiling or a wider room or facilitate cueing in way finding orientation. In our health setting, there are...
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...“In-Depth Mobile Radiology” - A Marketing Plan Background IN-DEPTH MOBILE RADIOLOGY is a new medical staffing and mobile diagnostic company that caters to medical facilities that are in need of our services. Our company provides a couple of types of service who are in need of diagnostic machines or technologists. The first type of service is acquiring trailer truck based mobile MRI or CT scanner machines or providing ultrasound and mobile x-ray machines. The market is open for medical facilities, nursing homes or rehabilitation centers that do not have their own diagnostic equipment and instead of purchasing their own machine that cost so much our company can offer our services to bring our mobile machines into their facilities parked outside gets all their procedures done for the cheapest price possible. The second type of service is staffing for surgical centers or medical facilities providing technologists that would operate the advanced fluoroscopic x-rays, CT scans, MRI, ultrasound, bone density and other medical diagnostic equipment that needs a certification to operate. Most medical facilities have procedures daily but not all of their cases need x-ray, so it would be best for them to hire a temp rather than have a regular tech. IN-DEPTH MOBILE RADIOLOGY will base its main facility in the area of Palm Springs and Indio California by the 10 freeway for easier access to walk in clients. After surveying the area of southern California, we found that the Palm Springs...
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...THE CANON STORY 2 012 2012 / 2 013 Kyosei Contents 01 02 04 22 24 27 Kyosei : Canon’s Corporate Philosophy Message from Top Management Canon Now Excellent Global Corporation Plan Phase IV Canon up to Now Activities Focused on Tomorrow The corporate philosophy of Canon is kyosei. A concise definition of this word would be “Living and working together for the common good,” but our definition is broader: “All people, regardless of race, religion or culture, harmoniously living and working together into the future.” Unfortunately, the presence of imbalances in our world in such areas as trade, income levels and the environment hinders the achievement of kyosei. Through corporate activities based on kyosei, Canon strives to resolve imbalances in the world. Truly global companies must foster good relations, not only with their customers and the communities in which they operate, but also with nations and the environment. They must also bear the responsibility for the impact of their activities on society. For this reason, Canon’s goal is to contribute to global prosperity and the well-being of mankind, which will lead to continuing growth and bring the world closer to achieving kyosei. 01 Message from Top Management We aim to transform ourselves through flexible ideas in response to the changing times. 02 2012 is a year Canon embraces new challenges. In 2011, we faced many ordeals, beginning with the Great East Japan Earthquake. But Canon has always viewed...
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... * Health facilities are places that provide health care to people. A health care facility includes hospitals, clinics, specialized care centers, and outpatient care centers. Health care facilities range from relatively simple and small clinics to complex larger and costly research hospitals. A healthcare facility should communicate messages to patients, volunteers, visitors, and staff as an establishment of kind, comfort and welcoming compassion. Health care facilities commitment to patient’s and families’ is their well-being and safety, a health care facility should also influence employee behaviors and attitudes. Health care facilities evoke change and the advancement of a better delivery of healthcare. Very often healthcare facilities must be renovated to improve healthcare delivery. This paper will discuss Emory University Hospital’s in Atlanta, GA emergency room and surgical center new for renovations Regulatory requirement, color selection, equipment and electronic needed budget planning and cost estimate, and the role of stakeholders in facility planning and development Facility Planning Regulatory requirements and their effect on the design and equipment * * * Hospitals are the most complex of building types. Each hospital consist of of a wide series of services and functional units such as clinical lab, imaging, emergency rooms, diagnostic and treatment functions, surgical hospitality functions, and the basic inpatient care. These ranges of functions...
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..."EMR as HUB” What an exciting time to become part of the health care industry! Medical research makes new discoveries to improve the quality of patient care and save lives on a daily basis. Health care reform is gaining momentum, revolutionizing the industry and requiring many administrative changes, such as the creation of the Health Insurance Portability and Accountability Act of 1996 (HIPAA). Rules and standards evolved from this act provide a way to ensure your protected health information remains confidential. In this digital age, it is particularly relevant. The digital evolution impacts many areas. Digital TVs, computers, smart phones and iPods have totally changed the way we do business and enjoy entertainment. In the medical industry, the digital evolution provided advanced imaging technology, and a variety of other significant improvements for treating patients. On the administrative side, the development of practice management programs and electronic health records streamline office workflow and helps provide patients a more efficient and cost effective experience. EMR is a digital version of a patient’s paper chart. EHRs are real-time, patient-centered records that make information available instantly and securely to authorized users. CPOE Computerized Physician Order Entry or CPOE is the process of capturing a physician's instructions for a patient's care electronically to improve the efficiency of care delivery. Use CPOE for medication orders directly entered...
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...require less skilled training as compared to licensed nurses. The second option for phase I is based on loan. It consists of a six month repay loan period with the total interest payout of $56,589 and $21,297 interest saved. The monthly payment period is over in twelve months with no prepayment limitation that is an excellent deal.. I chose option one loan plan because it has no prepayment limitation. Taking the first loan will help the hospital close the loan within three months, as compared to the second loan option which could take six months to prepay. Phase II: I chose to take the refurbished loan for the high-Speed CT scanner. Choosing refurbished machines will be a good option and will save the hospital almost 50 percent of the cost price as compared to a new one. With the X-ray option, I had a difficult time making the right decision. However, after searching and reading Gilbert Sanchez’s comments, the Chief Executive Officer, I realized that it might be best to go with Capital Lease. With Capital Lease, the center will get the ownership of the machine after the payment is up. Moreover, after the payment ends the center...
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...New Medical Devices in the US August 13 2010 Table of Contents 1. Introduction……………………………………………………………………………………………………………………………………2 2. Background and Framework……………………………………………………………………………………………………………4 2.1 Priority Medical Devices for the Netherlands…..……………………………………………………………………4 2.2 The US Vision: From see and treat to predict and prevent……………………………………………………6 2.3 Conclusions…………………………………………………………………………………………………………………………..7 3. Medical device sector in the US………………………………………………………………………………………………………8 3.1 Economic Impact…..………………………………………………………………………………………………………………8 3.2 The Sector by State…..…………………………………………………………………………………………………………10 3.3 Key Institutes: Patent Applications in the Cluster Areas…..………………………………………………….13 3.4 Conclusions…..…………………………………………………………………………………………………………………….20 4. Turning research into novel medical devices………………………………………………………………………………….22 4.1 The Medical Device Development Process…..……………………………………………………………………..22 4.2 CIMIT: A Structure for Medical Device Innovation…..………………………………………………………….23 4.3 Stanford Biodesign: Innovation as a Discipline…..………………………………………………………………..26 4.4 Conclusions and Recommendations…..……………………………………………………………………………….28 5. Summary and Conclusions…………………………………………………………………………………………………………….30 6. Acknowledgements……………………………………………………………………………………………………………………….32 7. References…………………………………………………………………………………………………………………………………….33 Appendices A1 Selection of Key Institutes A2 Results Patent Analysis A3 Research...
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...started its business in 1878 as Chas P. Hayleys and company in Sri Lanka, was incorporated as Hayleys Ltd in the year 1952. Today it is known as the world of Hayelys with a globally competitive business portfolio spanning over 12 different sectors of enterprise. The main business portfolio of world of Hayley’s fall under seven broad categories such as: * Global market and manufacturing * Agriculture and plantation * Logistics and transportation * Leisure and aviation * Consumer products * Power and energy Out of the sectors under consumer products comes the Hayleys Consumer Products Limited and the Consumer lighting, Consumer products contributes about 7% of the group’s total turnover. Hayleys Consumer Products limited hosts home for many of the world renown brands in Sri Lanka such as Downy, Gillette, Olay, Whispers, Tide, Pantene, Kiwi, Pringles, Fujifilm, GP Batteries, 3M, Head and Shoulders, Philips and etc. These brands are basically operated under few divisions such as Consumer Lighting, Consumer Imaging and Information, Consumer Healthcare, P&G products, New Business development. There is a supermarket channel owned by the Hayleys consumer named Haymart and there are outlets owned by Hayleys for perspective brands such as Hayleys Café Pixel for consumer imaging and information and Lighting craft for consumer lighting. Hayleys consumer products have reached a range of 70, 000 outlets throughout the country and expanding their business day by day...
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...Facility Planning Part 2 Pamela Jackson HCS/446 September 28, 2015 Rachel Rivera Facility Planning – Part II Facility planning for a health care organization or outpatient clinic takes on its own unique regulatory requirements. Regulatory requirements are requirements that have been mandated by various federal, states, and local municipalities regarding the operation and safety of business operations as well as services provided. They are the legal fence between education and catastrophe.”The basic regulatory frameworks and acts that govern the present business operations include Sarbanes Oxley Act ([SOX], 2002), Gramm-Leach-Bliley Act (1999), and Health Insurance Portability and Accountability Act ([HIPAA], 1996).” (Ezinearticles.com 2012) The main purpose of these regulatory requirements and tools is to ensure that society as a whole reap the benefits through accountability, integrity and confidentiality. The impact on regulatory requirements is based on how they are implemented. Regulatory Requirements Effect on the Design and Equipment Many times when planning a facility for use in an outpatient clinic it is important to research the regulatory requirements for equipment utilized in the care of patients and how it will impact the over all care, safety and wellness of the organization. The design of health care facilities is governed by many regulations and technical requirements. It is also affected by many less defined needs and pressures. The facility must...
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...flock to digital cameras, and cell phone manufacturers beganto offer camera phones. As if all that were n¶t enough, Fuji was slowly but surely exposing the cracks in Kodak¶s marketing strategy. This was especially true of the move toward one-hour photo processing. In early 2003, the company began a major reevaluation of corporate strategy. In the years following, Kodak reduced its dependence on traditional photography. The new direction for the company would focus on non-photographic markets, digital markets (such as inkjet printers and high-end digital printing), and medical imaging. The company would no longer invest in traditional consumer film, which, along with photography, accounted for 70 percent of Kodak¶s revenue and all its profits. By 2004, the company had been significantly restructured in a manner reflective of the new strategic directions. By 2006, it appeared that the new strategic plan was not working, as evidenced by heavy losses and a declining stock price. Discussion Questions 1. How are the market structure and demand, the nature of the buying unit, and the typesof decisions and decision processes in the proposed commercial and health care markets as compared with Kodak¶s traditional consumer market? In the traditional consumer film market,Kodak had to have its film everywhere. Although it could deal with large chains like Walgreen or Wal-Mart, it had to have its film available...
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...External and Internal Environmental Analysis George Benelli University of Phoenix Strategic Planning & Implementation STR/581 Lloyd Krieger June 27, 2015 External and Internal Environmental Analysis Introduction The University of Miami Hospital (UMH) is a 560-bed academic acute care center, located just a few miles north of downtown Miami. The hospital was acquired by the University of Miami in 2008; since then, it has become the center of healthcare excellence in South Florida. As any new business, the organization is constantly searching for opportunities to improve its physical infrastructure and financial status. In this paper we will analyze the external and internal environmental factors that directly or indirectly affect the overall operations of the hospital. We will also describe its competitive position as well as the hospital’s organizational structure. External Factors UMH mission is to provide healthcare services to the community it serves, as well as to being a point of interest for international patients. As most hospitals, it is aggressively influenced by the environment in which it operates. “A host of external factors influence a firm’s choice of direction and action and, ultimately, its organizational structure and internal processes.” (Pearce, pg.102). These external factors are divided in three major categories: remote, industrial, and international. Remote. These factors are independent from the institution’s operating situations...
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