...underlying health care information systems and determine the most pressing need for innovation. The modern health care system involves managing an enormous amount of information about millions of people. Only with the help of modern information technology can the health care industry provide quality care to its patients. Health care information systems come in two forms: practice management and electronic health records (EHR). Practice management software allows the organization of patient appointments, lab results, and referrals, but does not organize with the specific information on each patient. EHR stores data on a patient's health history. An electronic health record contains the same information about a patient as a regular medical chart, such as medical history, medications, allergies, lab results, immunizations, and billing information. All health information systems consist of the software itself and the hardware. Although health information technology (HIT) software is utilized on computers by receptionists and medical staff, the data is often stored and managed off site by the HIT provider. Scanners and printers play a big role in EHR because of the amount of data that must be transformed into and from a digital format. Wireless routers are the next essential piece of a full EHR system that allows doctors to work with laptops or tablets for ease of workflow. “The management of healthcare organizations can be improved through the intelligent use of information. This requires...
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...Center for US Health System Reform Business Technology Office The ‘big data’ revolution in healthcare Accelerating value and innovation January 2013 Peter Groves Basel Kayyali David Knott Steve Van Kuiken Contents The ‘big data’revolution in healthcare: Accelerating value and innovation 1 Introduction1 Reaching the tipping point: A new view of big data in the healthcare industry 2 Impact of big data on the healthcare system 6 Big data as a source of innovation in healthcare 10 How to sustain the momentum 13 Getting started: Thoughts for senior leaders 17 1 The ‘big data’ revolution in healthcare: Accelerating value and innovation Introduction An era of open information in healthcare is now under way. We have already experienced a decade of progress in digitizing medical records, as pharmaceutical companies and other organizations aggregate years of research and development data in electronic databases. The federal government and other public stakeholders have also accelerated the move toward transparency by making decades of stored data usable, searchable, and actionable by the healthcare sector as a whole. Together, these increases in data liquidity have brought the industry to the tipping point. Healthcare stakeholders now have access to promising new threads of knowledge. This information is a form of “big data,” so called not only for its sheer volume but for its complexity, diversity, and timeliness...
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...technology underlying health care information systems. I also have made a recommendation of an innovation and explained how my recommendation can improve the overall level of health care in my community. Lastly, I have suggested a key action that senior health care leadership can take in the community to push the boundaries of information technology management. Most New Significant Technology Requirements for Health Care I believe that the most new significant technology requirement for health care is the use of electronic medical records (EMR). This is a digital form of a paper chart which encompasses the medical and treatment history of the patients in one office. An EMR permits a physician to track data over time, easily pinpoint which patients are due for preventive screenings, and check on how patients are doing on particular parameters like blood pressure readings or vaccines (Electronic Medical Record, 2014). They also monitor and improve the general quality of care within the clinic or hospital. Providers should approach the implementation of the EMR with seriousness. I say this because As of January 2014 all public and private healthcare providers must have adopted and established meaningful use of electronic medical records in order to uphold their present Medicaid and Medicare reimbursement levels (Digital Record-Keeping Will Be Required of Public and Private Healthcare Providers, 2013). Therefore, consequences do exist for non-compliance, meaning the health care...
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...Index Page 1 – Index Page Page 2 – Team Members Contribution Page 3 – Introduction Page 4 &5 – Profile (Part1) Page 6&7-- Theory (Part 2) Pages 8, 9, 10 & 11 – Change (Part 3) Pages 12, 13, 14 & 15 – Opportunity (Part 4) Page 16 – Conclusion Pages 17, 18& 19 – Bibliography, References & Journals Pages 20&21 – Log of Team Meetings Pages 22-29 – Copy of PowerPoint Slides Team Members Contribution Introduction – ******* Part 1 – ****** Part 2 – ***** Part 3 – ***** Part 4 – ***** Conclusion – ***** References- ****** Bibliography – ****** Introduction Innovation and entrepreneurship are generally regarded as critical activities for economic development, regeneration and growth both in the private and public sector. The aim of our presentation is to access the innovation capability in the life and health sciences sector. We chose Norbrook laboratories as they are a worldwide international company and we felt they were a leading example. Innovations& Entrepreneurship Sector :Life& Health Sciences Company Norbrook Part One – Profile Owner Lord bally Edmond Company Name: Norbrook Laboratories Limited Year Established: 1969 Norbrook is the largest privately owned pharmaceutical company in the world. Company Name: Norbrook Laboratories Limited ships product to 120 countries around the world has manufacturing plants in 4 continents. “Since its foundation over 40 years ago, our company has grown to be one...
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...Cover Sheet For all handins Course Code: FEAD06 Course Name: Service Innovation Title of Work: Service Innovation in Different Industries The Last Date: 2011-09-16 Name of Student/Students Family Name Given Name T-Number Bhatty | Usman Tariq | 840415-9256 (R238) | | | | | | | | | | | | | Name of the Teacher: Lars Witell Name of the Administrator: Frania Johansson ------------------------------------------------- Filled out by the examiner First Return: _____ Second Return: ______ Fourth Return: _________ Passed: _________ Received Points: _________ Grade: _________ Examiner: __________________ Service Innovation In different industries Contents Introduction 1 Service Innovation in Industries 1 Financial Services 1 Health Services 3 Hospitality Services 5 Brief Analysis & Conclusion 6 References 7 Appendix-1 1 Introduction The study of services innovation immediately poses the question of how a ‘service’ should be defined. From a conceptual standpoint there are a variety of views. Crespi et al. (2006) review the literature and conclude: “...it is often useful to think of services as either intermediation activities, such as transport, that arise because consumers want to separate production and consumption, or contact services, such as haircuts or medical services, where production involves the consumer directly and where the output of the activity is embodied in the consumer ..... An important aspect of...
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...ASSIGNMENT INTRODUCTION TO MANAGEMENT PIRAMAL HEALTHCARE LTD. [pic] INDEX SR.NO. PARTICULARS PAGE NO. 1 INTRODUCTION 3 2. VISION AND VALUES 4 3. ORGANIZATION STRUCTURE 5 4. HUMAN RESOURSCE MANAGEMENT 6 5. INNOVATION 9 6 OPERATION MANAGEMENT 11 INTRODUCTION Piramal Healthcare Ltd., a Piramal Group company, is a globally integrated healthcare company that fulfills unmet medical needs across the world. It has a growth track record of above 29% CAGR since 1988. Piramal Healthcare had consolidated revenues of THEM$ 656 million in FY2009. PHL is currently ranked 4th in the Indian market with a diverse product portfolio spanning several therapeutic areas. It is also one of the largest custom manufacturing companies with a global footprint of assets across North America, Europe and Asia. VISION AND VALUES They believe they can create value only if they care for the ones they serve, that their care will have an impact only if it is followed by timely and bold action, and that they will take timely action if it is backed by knowledge. ...
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...Running head: AHRQ Health Care Agency for Healthcare Research and Quality Research Training and Education is one of the programs the Agency for Healthcare Research and Quality (AHRQ) has. Research and education are two primary mechanisms of the discipline as they direct the way to the advancement of new technologies, the innovation of new pathological treatments, and evidence based medicine. They both affect every aspect of the healthcare field. While pathologies change and invasive procedures are needed less and less, it’s important that research and education maintain pace to keep up with these changes and diseases and continue to grow. Therefore, it is essential these types of programs receive funding. Applications are accepted by the Training and Education program from persons interested in research and training for improving the quality of healthcare services. Students and researchers that are either interested in pursuing a career in the healthcare field or currently in the field can apply for these funds. Grants and stipends are awarded to researchers under defined time constraints. They have that time to establish their ideas for eliminating waste in hospitals, reduce the number of hospital related infections for example; CLABSI and MRSA, create environments free of medical error and overly expensive care, develop the functionality of the prescription drug market, and to increase funding of programs such as Medicare/Medicaid reimbursement. (AHRQ...
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...one must be committed to their cause and posses certain qualities that help support their end goal. Entering into the GCU College of Business it is important to understand the three pillars that embody a graduate business student. The three pillars include servant leadership, entrepreneurial spirit, and innovation. Servant Leadership describes a leadership style that focuses on serving the needs of the team, client or community rather than the needs of the leader. “Characteristics of servant leaders include but are not limited to listening, empathy, awareness, persuasion, foresight, stewardship, and commitment to the growth of people” (Campbell & Rudisill, p. 27). As a registered nurse and nursing supervisor it is imperative I support my patients and peers through a servant leadership style. Today's healthcare system has become very complex; and in turn can be intimidating for patients and overwhelming to healthcare workers. In my professional practice I try lead by example and promote health and wellness through my commitment to caring for others. Servant leadership, like nursing is dedicated to promoting the growth and success of those around you. Everyday is a new opportunity for a servant leader to empower those in which they lead. Through a commitment to caring and service a servant leader will promote growth and independence in those who follow. WIth the proper support some individuals may separate from the pack and go on to become entrepreneurs in their given field. An...
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...SIEMENS COMPANY ANALYSIS Matthew Ady, Mark Marcus, Mariana Florea Strategic Management Dr. Carrick May 3, 2014 Section I: Energy Sector Macro Analysis The external environment for international business is always complicated and dynamic. The macro-environment analysis of Siemens is based from two perspectives: one is that Siemens run its business in German and the other condition is that it runs its business internationally or in other destination countries. Political: Political factors always have great impact over the macro-environment in which the business runs, so multi-national companies need to do research on political environment before their international marketing planning. Siemens is doing well in evaluating political risk before it enters a new market. It is lucky for it that Germen government has steady relationship with lots of countries. Siemens often need to evaluate the historical relationship between countries that would benefit or do harm to its business. The influence of communities or unions for trading is also in its consideration. For example, trade barrier is also implemented in different firms of local laws. If necessary, a report regarding the political risks needs to be completed before its international marketing (Bell, 2001). Economic: The economic situation in destination countries, the impact of currency fluctuations on exchange rates, the development of local market, the local market structure (Barney, 1996), the local human resources...
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...the case study, a 350 bed not for profit supplier of surgical and medical services, Scarlett Hospital was presented with a dilemma of losing patients. The improvements in infrastructure of transportation have sourced the Scarlett Hospital top executives to reflect on the effect of a construction of new highway might have on the facility. Easy admission to the larger Salem city and its institutions of healthcare fetches the risk of prospective consumer’s loss to Scarlett Hospital. CEO and the president of Scarlett Hospital, Timothy Rogers is endowed with the decision making of discovering finest strategy for the Scarlett hospital to continue being competitive with the bigger facilities in Salem. Timothy Rogers believes his beliefs to convey the utmost medical care quality will carry on helping Scarlett Hospital contend in the additional competitive surroundings. For 14 years Timothy Rogers has been working with Scarlett Hospital proceeding to the merger amid two contending hospitals. With having earlier experience countenancing challenges from additional institutions of healthcare, I believe Scarlett Hospital and Mr. Rogers are prepared to contend with the additional effortlessly accessible Salem institutions. Complacency Complacency relates to self-satisfaction particularly when escorted by ignorance of real danger or deficiencies; it can be a case of typically uninformed or unaware self-satisfaction. When tackling with complacency, the pitch habitually place by irritated...
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...Becky Foster Stopping Outshopping In the case study, Scarlett Hospital, a 350 bed not for profit provider of medical and surgical services, was presented a dilemma of the possibility of losing patients. The transportation infrastructure improvements have caused the top executives of Scarlett Hospital to consider the impact a new highway system may have on the facility. Easier access to the larger city of Salem and its healthcare institutions brings the threat of potential loss of consumers to Scarlett Hospital. Timothy Rogers, the president and CEO of Scarlett Hospital, us trusted with the decision of what is the best strategy for the hospital to remain competitive with the larger facilities in Salem. Mr. Rogers’ feels his philosophy to deliver the highest quality of medical care possible will continue to help Scarlett Hospital compete in the more competitive environment. Mr. Rogers has been with Scarlett Hospital for 14 years prior to the merger between two competing hospitals. With having previous experience facing challenges from other healthcare institutions, I feel Mr. Rogers and Scarlett Hospital are prepared to compete with the more easily accessible institutions of Salem. Complacency Complacency is the self-satisfaction especially when accompanied by unawareness of actual danger or deficiencies; it can be an instance of usually unaware or uninformed self-satisfaction. (www.merriam-webster.dictionary.com) When dealing with complacency, the tone often set by...
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...this is also true with healthcare organizations. Organizations have come to the conclusion that no simple one measure can provide a clear performance target or focus attention on the critical areas of the business. Managers, today, want a balanced presentation of both financial and operational measures. Therefore, while they still require the financial measures, associated with the traditional approach, in order to assess the overall health of the organization, they also require measures that will allow them to concentrate more directly on their strategic performance and long term vision. The concept of the balanced scorecard was developed in order to provide managers with such a tool. The balanced scorecard can be described as a comprehensive framework that translates an organization mission and strategy into a comprehensive set of performance measures that provides the structure for creating a strategic measurement and management system. As a result the objectives and measures of the balanced scorecard are more than a collection of financial and non financial performance measures; they are derived from a top down process driven by the mission and strategy of the business. The face of healthcare is changing at an alarming rate and a balanced scorecard links the health system’s mission to strategic implementation. The Clinic’s goal is to be number one in world class care, number one in patient satisfaction and be an innovator in healthcare initiatives. By utilizing...
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...As nursing students, our training is not limited to one area because we are expected to function in all areas of the hospital. The period given for each area of training is, suppose to readily equip us for optimal functioning in the settings if given the opportunity to work there. I do not think that it is a problem to continuously orient us because the experience is knowledgeable and crucial to our training. I am a psychiatric nursing student and I still have to be generally trained. The experience gained from being in different areas in a clinical setting has thought me more than when I am sitting behind my computer or in a classroom. These innovations are not helping to build healthy nurse-client relationships, just more negligence. In my opinion, I believe this will cause an increase in the already high cases of injuries and deaths caused in the healthcare system. I think that the staff will be lazy and negligent. Staff will expect this machinery to do the majority of their job, leaving patients in the care of the machines and barely supervising them. The computer-based systems mainly deal with physical problems but what about the patient’s mental status. In the clinical...
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...Kaiser Permanente (KP) is a well-known example of a fully integrated healthcare delivery system (IDS). It uses a “closed-group” staff HMO model, which implies that it is a payor and a provider of healthcare services. Through tight integration of its clinical services, KP offers one-stop shopping for most services including hospitalization, outpatient offices, pharmacy, radiology, laboratory and surgery. It uses care pathways, innovative IT Systems to derive Insights and lessons for improving patient outcomes and places a strong emphasis on Preventative Care. KP enables constant patient communication and continuously strives to achieve its ‘Home as a Hub’ goal of providing care. Thus, using the Single Connect Model, KP engages in a pro-active strategy. KP operates within the US managed Healthcare Industry. Over the last 2 years, the implementation of the Affordable Care Act (ACA) created significant opportunities for insurance providers by opening up an untapped market of individuals who were previously uninsured, and combined with increased premiums, resulted in higher Operating Results. Most recently, we witnessed the announcements of mergers and acquisitions among 4 out of the 5 largest insurance providers (Aetna’s merger with Humana for $37 billion and Anthem‘s acquisition of CIGNA for $54 billion). In 2014, KP had 9 million members and annual revenues of $ 56.4 billion, thus, creating big opportunities for high volume Suppliers, while increasing KP’s bargaining power. KP...
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...and Management Contents Executive Summary 4 1 Company Profile 5 2 Mission and Vision 6 2.1 Leadership Statement 6 2.2 Mission 6 2.3 Vision 6 2.4 Brand Promise 6 2.5 Four Values 7 3 Goals and Strategy 7 3.1 Ambition for 2015 7 3.2 Healthcare 7 3.3 Consumer Lifestyle 8 3.4 Lighting 8 3.5 Priorities for 2015 9 4 Organisational structure 9 4.1 The Board of Management 10 5 SWOT Analyses 12 5.1 Strength 12 5.2 Weakness 12 5.3 Opportunity 12 5.4 Threat 12 6 Philips Competitors 13 7 Share Value of Royal Philips Electronics 13 Annexure 15 Reference 17 Executive Summary Philips has been a leading brand in electronics in India and across the world. Philips with its wide range of products caters to the premium segment of the market. Philips faces intense competition, especially from the low-cost, local rivals of the market. With intense competition, Philips has to satisfy the various needs and demands of their consumers. This project targets at identifying the organisational structure, marketing strategy, market condition, and competitors with reference to Lighting, Consumer Lifestyle and Healthcare sectors of the company Royal Philips Electronics. Through this project we have found that Philips faces intense competition from the local rivals and the major market share belongs to the low-cost companies. Also, Philips has created an impression in minds of upper class people...
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