I am in a unique and fortunate position as co-owner of my organization. My role encompasses many areas from administrative, financial all the way to facilities management. My “felt responsibility” is very strong as I have much at stake in a very personal and emotional manner. Our organization’s name is Reddy Medical Group, which carries my name. This in itself brings be much pride, however, along with this, tremendous responsibility. In the small community that we serve, our reputation is of immense gravity to me. The difference in the term accountability to felt responsibility lies in this feeling that cannot be bought. Accountability is a way to cover yourself and/or defend yourself so that you cannot be held liable. In my case, I would be where the “buck stops” and feel not only accountable but truly and ultimately responsible. I have grown with our organization over the past 30 plus years, therefore, creating processes and protocols as I needed with our growth. In areas where I lacked knowledge within the health care industry, I educated myself. I learn from courses, research or from questioning experts on the subject. …show more content…
Our first location began in a small rural area in a 1500 square foot office. From these small beginnings we are now in 6 counties with 10 business entities and over 100 employees. We own most of our facilities and the majority of our equipment. Our growth has not ended. We have opened two new locations in the past two years. With this growth, it is inevitable, that policies and protocols must be developed. With the help of many others, we have created a company with a strong work ethic, clear mission and high values in providing the best quality health care possible by our
Successful organizations develop both, short and long term goals focus on operational and financial strategies. This process needs constant evaluation in order to identify opportunities for growth. The goal of every healthcare facility should be to become a leader in the industry, attract high-quality staff and health experts, and establish cutting-edge services for the community. By reviewing current operational realities while working a market research enables the organization to develop strategy solutions to address environmental concerns.
Physician-owned medical groups offered effective measure to get quality care and innovative structural setting. Hills Physician Medical Group located in Northern California embarked on very innovative approach by interlinking physicians-owned nearly 1,600 offices, 30 hospital and 15 urgent care centers (Emswiler & Nichols, 2009). This business model not only attracted informed patients but physicians whom wanted their business leadership to be heard as well. The health care providers use innovative financial incentive systems and cutting edge technology.
Creating a new business is challenging, expanding an already established facility can be even more daunting. To ensure a successful venture requires the right set of marketing skills. “Marketing is execution of the conception, pricing, promotion, and distribution of goods, ideas, and services” (Berkowitz, 2006, p.4). In health care facilities this means developing a product or service to address health issues; establishing a price individuals and insurance companies are willing to pay; knowing what place is convenient for both the patient and the provider to give and receive treatment. Lastly, promotion of the product or service to ensure patients know what is available to address the health needs of the general public. These four
In the play Romeo and Juliet and the musical Wet Side Story, the two pairs of lovers were part responsible for their tragic fates. First, Romeo’s and Juliet’s families were enemies. In comparison, Tony and Maria of West Side Story were practically apart of gangs that were enemies as well. Second, both couples knew they shouldn’t have been together especially if they had to hide it. Third, Romeo and Juliet gave up hope when they committed suicide. Last, the couples knew their situations would be dangerous and would cause more feuding than there already was.
The Health care industry has many policies, rules and regulations that have to be followed in order to have a successful company in today’s world. The Health care industry has many policies that keep companies in compliance with all the rules and regulations in order to protect the consumers, patients and employees. In every hospital, doctor’s offices, therapy clinics, etc, there will always be certain protocol of running a successful and thriving business. A certain point in time where these policies were made, there was a process to developing a
This report will show that the healthcare industry in United States of America will go through three stages of evolution. Already through the first stage, this industry will restructure within an atmosphere marked by ambiguity in the regulatory environment, sustained scientific advancement, global economics and digital transformation. By 2030, the health care industry will be drastically different from today and ever more complexly tied to the global health market and its population. With the evolving changes in the industry over the time, our firm should realize the importance of creating new means of developing business and improve firm’s business strategy to continuously succeed in the healthcare industry.
Strawson argues that we cannot be ultimately morally responsible for our own actions. Explain and evaluate his argument.
The organization is one of the largest health care systems in New York with more than 30,000 employees and provides coordinated, compassionate, and expert care in a safe and comfortable environment for about eight million people in our service area. Our mission is to improve health and quality of life for the people and community we serve by providing world-class service and patient-care (Northwell health 2016). The most important stakeholder in our system is patient. Stakeholders are affected by the performance of the organization. Other important stakeholders are care givers, patient advocacy organizations, various government bodies, health insurance companies, and clinicians and their professional
The company is now in negotiations with four of these hospitals and a new practice is set to commence at a hospital in Winter Haven, Florida in March of this year. In addition to having learned how to think strategically about business development, I feel satisfaction knowing that as a result of my work, women in a rural part of Florida will soon have access to needed high level obstetrical care.
The buck has stopped. Personal accountability is like a ledger sheet, for your eyes only, which “accounts” for outcomes of your choices and actions. When you assume responsibility for holding yourself accountable, you will make right decisions more often, gain respect from other people and your self-confidence will grow exponentially.
The health care industry experiences several challenges, from economic pressures as well as regulatory compliance issues. This comprises of industry consolidation, and lack of qualified professionals. The
The health industry is growing and specially with more baby boomers becoming eligible for Medicare, the potential for increase in claim volume is huge. To take advantage of this growth in the industry, one must take the opportunity to form new partnership. With the new partnership, the organization does not have to risk it all and will be able to manage and balance workload. This is the trend the company is exploring a lot specially now with many competitors in the market. One of the advantage of the partnership is that the organization does not need to have facility in all regions. Strategic partnership will benefit all.
Ethics and morals, two of the most important traits in an educated human being, are interestingly not taught by schools. Ethics is defined, in Webster's Ninth New Collegiate Dictionary, as the discipline dealing with what is good and what is bad. Morals are defined in the same dicitonary as those principles of right and wrong in behavior. For Jonathan Kozol, in The Night Is Dark And I Am Far From Home, ethics and morals have similar meanings but extend to include a sense of compassion for others. I agree with his argument that the purpose of schooling is to educate an ethical human being: a person who not only lives his life by facts and knowledge but also by ethics and morals.
This company is considered a high tech company and in the past year opened offices in Boston, MA and San Francisco, CA closer to the hubs of other known high tech companies and innovation. The goal of these moves is to re-define the company as a true high tech company with a focus on health care as opposed to a health care revenue cycle vendor that has technology. They also want to take advantage of the local IT talent pool and attract the best and brightest.
It is now necessary to better define the concept of collective responsibility and understand how it is linked to the concept of individual responsibility. Responsibility for corporation can be defined as the accountability. Accountability is the obligation to answer for one’s actions, especially in cases in which they are wrong, whether legally or morally. In this concept of accountability, torts or