...Health Management Inc. Kasus yang menimpa Health Management Inc. (HMI) merupakan kasus pertama untuk penerapan Undang-Undang Reformasi Pengajuan Perkara Sekuritas Swasta/Publik Securities Litigation Reform Act (PSLRA). Sebelum PSLRA, firma-firma akunting seringkali ikut menanggung kerugian yang diakibatkan oleh manipulasi akuntansi oleh klien-klien mereka, karena undang-undang sebelumnya mengharuskan para terdakwa untuk menanggung bersama kerugian penggugat. Jika satu atau beberapa terdakwa tidak sanggup untuk memenuhi kewajiban tersebut, terdakwa lain yang secara financial mampu harus menanggung kewajiban tersebut sepenuhnya. Hal ini seringkali merugikan firma-firma akunting karena dalam kasus semacam ini, seringkali merekalah satu-satunya pihak yang secara financial mampu. Mereka sering dipaksa menyelesaikan kasus yang sebetulnya mereka tidak bersalah. Kehadiran PSLRA merupakan hal yang menggembirakan bagi firma-firma akunting karena beberapa hal berikut. Pertama, PSLRA mengharuskan penggugat untuk menyatakan bahwa terdakwa setidaknya telah lalai, agar kasus bisa diteruskan ke pengadilan, serta mengemukakan fakta-fakta yang jelas untuk mendukung pernyataan mereka. Kedua, hakim berhak mendenda pengacara yang mengajukan perkara secara tidak keruan. Kedua hal tadi membuat para pengacara berhati-hati dan tidak bisa lagi iseng-iseng memancing seperti yang dulu biasa mereka lakukan sebelum PSLRA keluar. Ketiga, dengan PSLRA, sekalipun lalai, firma-firma akunting hanya...
Words: 1006 - Pages: 5
...Performance Management at Vitality Health Enterprises, Inc. The Health and Vitality of Vitality Health Enterprises James Hoffman, the newly appointed vice president of Human Resources of Vitality Health Enterprises, was pleased when he saw an early preview of the earnings figures for the fourth quarter of 2011. But he knew better than to relax. Competition in the personal care products sector was cutthroat, and complacency was a recipe for obsolescence and loss of market share, particularly in cosmetics and nutraceuticals. Vitality was riding high on a six-quarter string of strong revenue growth that had surpassed analyst expectations. However, as emerging markets represented a growing portion of business revenues, the company was becoming increasingly exposed to volatility and uncertainty and, without prompt corrective action, would soon be poised to trip over its own feet. The cost of research and development continued to climb, and Hoffman feared that the chain of success was allowing employees to relax, leading to a culture of ineffective performance management. There were even whispers of discontent from the marketing team about a growing number of missed product launches. Hoffman knew that Vitality had recently struggled to maintain its position as an industry leader in innovation and he worried about the slow but notable increases in employee turnover, especially among the highly talented research scientists. Without their expertise, Vitality couldn’t remain vibrant...
Words: 1463 - Pages: 6
...Health Information Tech. By: Shequita Kelly Table of contents: Career OverviewTraining, Qualifications, and AdvancementEmploymentJob OutlookEarnings/ Works Cited Introduction I chose to research the profession of an health information technician. I chose this profession because I like working with technology and want a career in healthcare. I am also detail-oriented, organized and interested in science and medicine. I believe that a job as a health information technician could be the right fit for me. My paper will inform you on the advantages of following a career in the health information technician career field. First of all, this one of the few jobs in the medical industry that has no hands on contact with patients. Another advantage is the wages that can be made and the benefits provided by employers. The last point to be made is that the employment rate is expected to grow it fastest ever in the years to come. The first advantage that will be discussed is the work environment and the different specialties. This job is done mainly inside the comforts of an office, at a desk. The majority of the work is mainly done on a computer. Even though most of the work is done on a computer there is still some work that is done over the phone and paper work that may need to be filed. A health information technician has no hands-on contact with patients what so ever. People in this field tend to work the standard 40 hour work week, with all national...
Words: 2339 - Pages: 10
...Healthcare Information Systems Management Name Institution Advantages and Disadvantages of Electronic Health Records In the modern world, every sector aspires to adopt computerization. The health sector is not an exemption and I would state that the health sector has made tremendous steps to adopt the electronic health records (Gungor, 2011). Electronic health records has some advantages and disadvantages as explained below. The Benefits of Electronic Health Records Reduction in Human Errors It is eminent that the electronic medical records have played a very vital role in reducing the chances of human errors in maintaining the health records. The health records that are created by electronic data are in electronic form. They are not stored in the files as it was the case with the old record keeping methods. There is less handling of electronic health records as compared to the manual health records (Gungor, 2011). This eliminates the chances of human error which occur when incompetent persons handle health records. Errors of misplaced files are eliminated. Safety and Security Electronic medical records provide a safe and secure way of storing information. Medical records are very essential and have to be stored safely. Electronic medical records can be duplicated easily and stored in computer systems (Gungor, 2011). This is unlike the paper files which can easily get lost, or damaged by natural disasters or even stolen...
Words: 1834 - Pages: 8
...Health Information Technician Health information technicians work from behind the scenes of healthcare. Health Information Technology is an emerging, growing field in medicine, offering many career opportunities. They make it possible for healthcare providers to better manage patient care. Working in health information technology is a great way to enter the workforce in the growing healthcare industry. A health information technician is a unique job because it doesn’t require direct patient care. They collect, organize, and analyze data used in healthcare. In hospitals, doctor’s offices, clinics, and insurance companies, they ensure the accuracy and security of medical records. The purpose of this research is to identify the requirements for a Health Information Technician in the United States. Secondary research includes a review on numerous job related websites, library research, and textbooks. The research contains the following parts: Education, Licensing and/or Certifications, Credentials, Salary Range, Job Opportunities, and Job Growth. Primary research focuses on questionnaires and surveys about this specific topic. The limitations of research were due to time management and a lack of face-to-face interviews. Education The type of Health Information Technician degree or certification depends on the desired career path pursued by the individual. A high school diploma is necessary for admission to a college level program in this field. Some individuals already working...
Words: 809 - Pages: 4
...improve health record quality. What are AHIMA’s Mission, Vision and Values? AHIMA leads the health informatics and information management community to advance professional practice and standards.AHIMA is working to promote this mission through: Informatics: Transforming data into Health Intelligence Leadership: Developing HIM leaders across all healthcare sectors Information Governance: Being recognized as the health industry experts in information governance Innovation: Increasing thought leadership and evidence-based HIM research Public Good: Empowering consumers to optimize their health through management of their personal health information AHIMA … leading the advancement and ethical use of quality health information to promote health and wellness worldwide • AHIMA is the worldwide professional association of recognized leaders in health information management, informatics, heath data technology, and innovation. • AHIMA proactively promotes the technological advancement of health information systems that enhance the delivery of quality healthcare. • Based on AHIMA’s Code of Ethics and applicable law, AHIMA will promote the ethical and appropriate use of health information, and its members will ascribe to and conduct themselves in accordance with the Code of Ethics as part of their professional responsibility. • AHIMA recognizes that quality health and clinical data are critical resources needed for efficacious healthcare and works to assure that the health information...
Words: 978 - Pages: 4
...Patient Protection and Affordable Care Act (ACA) for several years now. This act signed into law by President Obama on March 23, 2010 has been one of the biggest steps towards a comprehensive health care reform for all Americans. The fundamental goals of the ACA are to decrease the cost of health care, increase the quality of health care services and make health care accessible to all, particularly the uninsured (Williams, 2013). The increase of individuals that will be soon be insured will have a huge impact on the existing structure of our health care system, especially the quality of care that can be provided to patients along with the implementation or improvements that are being made to the electronic health record systems being used (or implemented) in hospitals or other health care settings. There have been many critics and supporters of the ACA since it was signed into law in 2010. One of the most significant changes being discussed is the requirement for all individuals to have health insurance either provided by their employer or by purchasing an individual insurance plan; all individuals are required to have health insurance by January 1, 2014 or pay tax penalties that will be imposed. Individual health insurance plans will be available through a state-based American Health Benefit Exchange (Kaiser Family Foundation, 2013). These exchanges promise to make purchasing qualified insurance coverage easier by requiring all states to adopt a single set of operating rules...
Words: 929 - Pages: 4
...It is not an understatement to say that the typical Health Information Management (HIM) area plays a critical role in the revenue cycle, largely due to the fact that the revenue cycle begins and ends with medical records (Anderson & Underwood, 2005). The term revenue cycle covers all events that take place in the patient care process that permits the organization to receive payment for the services rendered, and it is important to be aware that this is heavily reliant upon data (Dunn, 2009). In order to fully appreciate the participation of HIM in the revenue cycle process, it is imperative to first gain an understanding of who the key players are, and to summarize the flow of activities that comprises the revenue cycle of a healthcare facility. The key players in hospital revenue cycle management are Administration, Finance, Patient access, Health information management (HIM), Patient accounting, and Clinical services, which includes physicians, diagnostic services, and therapeutic services. Administration sees to strategic goals and operational efficiency and effectiveness. Finance deals with cash flow and contract management. Patient access is responsible for data integrity, demographic and financial data, insurance verification, and pre-certification. Clinical services is responsible for documentation of services, as well as documentation and recording of charges. Health information management takes charge of coding, abstracting, and data validation. Finally, Patient accounting...
Words: 962 - Pages: 4
...Health records administrators (RHIA) and health records technicians (RHIT) both work in the organization and management of patient information. In comparison to administrators, technicians have less educational requirements, fewer managerial responsibilities and receive lower salaries. A Health records technician (RHIT) is involved in assembling medical data and charts, maintaining secure records, coding diagnoses and ensuring access to healthcare information. A Health records administrator (RHIA) is also responsible for the security and organization of patient data, but their responsibilities are greater, as they are involved in the planning and supervision of records systems. They run and supervise records departments, stay up-to-date with changing healthcare regulations and legislation and manage electronic databases. One of several differences between a RHIA and a RHIT is administrator (RHIA) manages or supervises all the medical staff at a medical facility. Secondly a technician (RHIT) can assist an administrator, while an administrator is responsible for reviewing a technician’s (RHIT) work. An administrator (RHIA) has to be knowledgeable in medical requirements, standards, procedures, regulations, and methods. A technician (RHIT) has to know a wide range of medical codes, medical terminology, and medical record content and organization. Also a technician has to be well-informed in psychology, diseases, anatomical systems, read and comprehend a medical chart, and be familiar...
Words: 355 - Pages: 2
...Career in Health Information Kaplan University Raven Pine Health information management is the practice of attaining, evaluating, and protecting digital and traditional medical information providing quality patient care. Health information management is the combination of business, science, and information technology. HIM professionals work in a variety of settings and job titles. For example, Health information technology refers to manage health information and the exchange of health information in digital formats. HIT professionals are typically from information technology backgrounds. A career in HIM means you would work with physicians, nurses, lawyers, administrators, and executives. As a HIM professional one can choose from a variety of career paths some being; HIM Department director, Clinical coding specialist, and Physician practice manager. With the various roles comes with the variety of workplaces that HIM professionals could work in; Hospitals, Rehabilitation centers, Insurance providers, and more. HIM professionals collect patients health related information, ensure confidential patient information is kept private. Certifications show that you meet a standard of professional knowledge. The means of demand for obtaining certifications and/or degrees, to distinguish yourself in a growing competitive field, validate your knowledge, and credibility, also demonstrate commitment of continuing professional development, finally it also expands career opportunities...
Words: 346 - Pages: 2
...Park West Health Systems, Inc., incorporated in 1972, to provide family medical services from four locations to the community and residents in Park Heights community and surrounding areas of Baltimore, Maryland ("Park West Health Systems", n.d.). The Park Heights community is composed of residents that are at, near, and below federal poverty income levels. This establishment offers full range health services to men, women, and children, in the form of medical care, dental care, internal medicine, pediatrics, OB/GYN, and substance abuse and HIV/AIDS services ("Park West Health Systems", n.d.).. Most forms of health insurance are accepted, including Medicare, Medicaid, and Commercial Carriers. Individuals without health insurance may qualify for Park West Health Systems Sliding Fee Scale Adjustment Program ("Park West Health Systems", n.d.). The mission of Park West Health Systems, Inc. is to provide quality comprehensive health care services to individuals living in the communities of Baltimore, Maryland, in a professional and successful manner ("Park West Health Systems", n.d.). They also want to provide access to primary care services to the residents paying attention to those individuals who do have medical coverage. Park West Health Systems, Inc. serves more than 50,000 patients per year ("Park West Health Systems", n.d.). Park West Health Systems, Inc., organizational design is a community-based nonprofit, therefore the centralized design is supervised by a panel...
Words: 459 - Pages: 2
...Advanced Auditing Term Paper: World Health Alternatives, INC – Fraud Brian O’Rourke, Katharina Ryska 10/14/2013 Introduction Scandals like Enron, Worldcom and Tyco have taught society about CEO’s fudging financial statements in order to make some extra money. With millions of dollars lost for the shareholders, members of the management engaging in fraudulent activity face high penalties. However, these penalties do not stop executives from trying to scam the system. World Health Alternatives, Inc got negative press following a big fraud investigation. The company with its number of wholly owned subsidiaries provides “medical, professional, and administrative staffing services to the healthcare industry in the United States.” By comprising nurse and physician staffing one would expect the company to have integrity. This paper is going to look at the fraud case, auditor’s responsibility, financial statements as well as the charges against the auditor. Furthermore, this paper is trying to see if the SEC allegations were warranted against the auditor. Overview of the Case According to the SEC, World Health Altneratives, Inc (World Health) engaged in fraudulent and improper conduct from at least May 2003 – August 2005. They manipulated accounting entries by understating expenses and liabilities, which made World Health look more financially sound. According to the SEC Website, “every annual and quarterly report that World Health filed with the Commission contained false...
Words: 2938 - Pages: 12
...APLNG Project HSEMP Plan AUSTRALIA PACIFIC LNG HEALTH, SAFETY, AND ENVIRONMENTAL MANAGEMENT PLAN (HSEMP) Electronic documents, once printed, are uncontrolled and may become outdated. Refer to the electronic document management system (EDMS) for the current revision. Bechtel Confidential © Bechtel Oil, Gas and Chemicals, Inc. 2011. All rights reserved. This document contains information that is confidential and proprietary to Bechtel or its affiliates, clients or suppliers, and may not be used, reproduced or disclosed without Bechtel’s prior written permission. 0 5/21/11 A Issue for Use Issued for Review REV DATE RSB CM BS REASON FOR REVISION BY CK’D APPR BECHTEL Client Acceptance JOB NO. 25509 OG&C, INC. Document Number Revision 25509-100-GPP-GHX-00001 0 AUSTRALIA PACIFIC LNG PROJECT Client Doc No.: Page 1 of 82 Bechtel Confidential. © 2011 Bechtel Oil, Gas and Chemicals, Inc. All rights reserved. APLNG Project HSEMP Plan TABLE OF CONTENTS 1 . INTRODUCTION ...................................................................................................... 5 2. HSE MANAGEMENT SYSTEM ................................................................................ 6 3. PURPOSE ................................................................................................................ 6 4. SCOPE .......................................................
Words: 2400 - Pages: 10
...of Education | Winner | Tat Consultancy Services | Adult Literacy Program | India | | | Merit Awardee | Coca Cola Foundation, Inc. | Creative Writing Workshop on Children’s Books | Philippines | | | Merit Awardee | Hong Kong & Shanghai Bank Corp. Phils. (HSBC) | Model of Excellence School in Esteban Abada | Philippines | | Best CSR Policies | Winner | Union Cement Corporation | Union Social Development and Management Program | Philippines | | | Merit Awardee | Unocal Thailand | The Social Responsibility Ambassadors Program | Thailand | | | Merit Awardee | Central Azucarera Don Pedro | The Community Development Program | Philippines | | Poverty Alleviation | Winner | Hindalco Industries | Integrated Rural Poverty Alleviation Program | India | | | Merit Awardee | Allen & Overy | Supporting “Helpers from Domestic Helpers” | Hong Kong | | | Merit Awardee | Seylan Bank | Comprehensive Microfinance for Micro-sector Empowerment | Sri Lank | | Special Achievement Award | Winner | Philippine Business for Social Progress | | Philippines | 2004 | Best Workplace Practices | Winner | Hindustan Petroleum Corporation Ltd | Employee Friendly Project | India | | | Merit Awardee | Edaran Otomobil Nasional Berhad | Better Workplace, Better Performance | Malaysia | | | Merit Awardee | Johnson & Johnson (Phils.) Inc. | CREDO- Based Employee Care Program | Philippines | | | Merit...
Words: 1901 - Pages: 8
...POLYTECHNIC OF NAMIBIA HAROLD PUPKEWITZ GRADUATE SCHOOL OF BUSINESS Performance Management at Vitality Health Enterprises, Inc Case Report By Leonardo Imerne Strategic Human Resources Management (SHM910M) Date: 21 June 2014 2 EXECUTIVE SUMMARY This report will focus on the performance management at Vitality Health Enterprises, Inc, which is a cosmetics and beauty products oriented business. The business started off well with a fast expansion approach. As the company grows, performance management of its staff was necessary to reward top performers as a motivation factor, and also to identify poor performers so they could be trained further or relieved from their positions. The report will therefore highlight the problems associated with performance management and rewards appraisals at Vitality Health Enterprises Inc, such as failure to reward top performers accordingly, identify worst performers, and recommends solutions thereof. STATEMENT OF KEY PROBLEMS OR ISSUES Vitality Health Enterprises Inc was founded in 1987 in Ames, Iowa by an Fred Kikuchi who identified a market niche of health, wellness and beauty products in the Ames where he resided after he left Japan. The company at the beginning of its operations relied on importing re-branded beauty products from Japan until it established its manufacturing plant in the United States of America. As planned, the company grew rapidly and later acquired Herba Nutraceuticals to increase its market share and profitability...
Words: 1459 - Pages: 6
