Company
Hospital Transition Services Consulting, LLC is a limited liability company, with a small staff of specialized individuals who are well suited to providing services to small-and-medium-sized healthcare facilities. Our services include: assessing, planning, organizing, managing and evaluating mergers and acquisitions of hospitals, hospital based services, and large scale moves.
Company Ownership
It is equally owned and operated 100 percent by its partners. Each partner has contributed $ 20,000 dollars to the startup of this company and is in agreeance that half of the $20,000 will be deposited into an interest bearing business account, in addition to the $200,000 received through a business loan with Wells Fargo. This money will be
Dissimilar to the next two new businesses, Healthcare Transportation Services, Inc. (HTS) had an administration group set up which had been working the organization for about ten years. As opposed to following his initial introduction, which was to clean house (terminate all the managerial workers), Mr. Allison, with William Valentine, spent every morning at HTS working with the current staff and endeavoring to check their capacities. Toward the evening Mr. Allison would then drive to the principle office and work with his own regulatory staff. Toward the finish of the second week Mr. Allison concluded that "I can't stand all that driving" and asked Mr. Valentine to assume control administration of HTS. Like alternate organizations, all
The company has an agreement with a bank that allows the company to borrow the exact amount needed at the beginning of each month. The interest rate on these loans is 1% per month and for simplicity we will assume that interest is not compounded. At the end of the quarter, the company will pay the bank all of the accrued interest on the loan and as much of the loan as possible while still retaining at least $50,000 in cash.
We would like to take over the ownership of a liquor business named By-Pass Liquor store located at 3118 South School Avenue, Fayetteville, Arkansas 72701. This is a turnkey business with good costumer flow and in a prime location of Southern Fayetteville. The business property is in market for a listing price of $335,000 for real-estate, furniture equipment, building and including inventory about $30,000. In order to transfer the ownership of this business to us we are seeking funding from the First state bank, and it will be utilized to buy the real-estate, all the equipment and inventory. We also have cash amount about $135,000 that also can be used to operate and improve the business. Repayment of the loan and interest can begin promptly as the bank 's policy. We have already seen all the paperwork and monitored this business, and from our observation and experience we are pretty sure that this business can repay the mortgage and give us $5000.00 of net profit monthly.
For the personal goal aspect of the project everyone choose their own goals and we could compare our results to better understand our team members. Another aspect that the group discussed was the amount of money that should be spent on purchasing market research. We decided to go with the most expensive plan because it will have the most accurate results and one of the most important parts of starting up a business is understanding what the consumer wants. For the 3 month certification of deposit the group agreed on investing $800,000 at a quarterly interest rate of 1.50. By investing this large sum of money our company can generate 12,000 in interest revenue. Therefore, this is a brief summary of the startup quarter of the company, Speedy Solutions, and how the group members determined how to invest the company assets and come to an agreement on team
Lou and Jose are in the process of setting up a future business of a restaurant and bar. The financial backing of
Relationships among workers in the ICU of Changeable Medical Center are at best, strained. In the past six months, the unit has expanded from 8 to 12 beds, changed to a different electronic health record vendor, and changed unit managers. Ten of thirty registered nurses have resigned or left, two of the remaining twenty are out on sick leave, and absenteeism is at a record high. As the new unit manager, you are looking for ways to improve morale and deal constructively with the many problematic relationship issues.
The biggest take-away I have from watching the Improving Transitions of Care videos is that transition of care has been and continues to be a huge ongoing problem with poor communication between the healthcare providers and the patient. As posited by Dr. Eric Coleman in the Module 1 video, we should consider one in five Medicare patients being readmitted within 30 days of discharge from the hospital as unacceptable (Joint Commission Resources [JCR], 2010). According to the video series, there are several projects being implemented to improve the discharge planning process and thus decrease the need for hospital readmission (JCR, 2010). A few of the tools being used such as, the After-Hospital Care Plan, more comprehensive teaching about diagnosis,
• Owner has limited capital: $15,000 for feasibility study; and $500,000 of trust money that will be made available for investment.
Drakes Western Outfitter will be a partnership comprised of five people, meaning that each person will have 20% ownership in the business. The five people in the partnership are Colton Drake, Muhammad Thanvi, Reina Cruz, Damond Jackson and Eduardo Camacho. Each person brings a unique set of skills to the business and therefore we decided to make a partnership to increase our profitability. As a brand new business starting out we are each investing $5,000 and will be applying for a SBA (7a) loan. The loan is going to be used to cover our startup cost, which will be explain in greater detail in Startup Expenses and Capitalization. The loan will make our business more profitable because it will allow us to advertise and purchase inventory, two very important aspects of a business.
The city of Murfreesboro held a council meeting on Sept. 22 that covered the potential expansion of Trustpoint Hospital, the city’s only hospital for behavioral health. However, many nearby neighbors had a lot to say against the augmentation of the health care facility.
The total startup cost for the agency is $8,500 and the start up cost at this time is out of pocket. The agency wants to possess at least $100,000 in working capital for any additions in employees, or for unexpected expenses. The owner understands that at startup the business will need two full-time contracts to maintain monthly expenses as well as retain reserve capital. The two contacts total an amount of $5,000 and the monthly expenses for the agency total $2,483 and as one can see, there is about a 50% profit margin at start-up. In the event the agency decides on obtaining capital by means of acquiring bank loans, private investors, angel investors, and loans from the small business administration, the organization is in position to provide evidence the agency can meet financial responsibilities.
Northwestern Memorial hospital used related and unrelated diversification by building a world class one million square foot outpatient pavilion. This state of art building includes 25 floors. The outpatient center was designed to offer patients and physicians an extraordinary experience. The outpatient center consist of retails stores, lobbies, outpatient surgery center, latest technology, clinical areas, physicians offices, digital imaging, medical imaging, diagnostics, vision care, and seven floors of parking garage. Northwestern Memorial hospital is using vertical integration by collaborating with Northwestern University Feinberg School of Medicine. Come back 219 middle. All organizational strategies at Northwestern Memorial
Organizational change is about constructing modifications to the organization's culture, structure, purpose, and processes in response to seen or projected changes in the environs. Strategic management of change is entirely about ascertaining and ingraining in the corporation those moves that will ensure the long-term survival of the institute. Therefore, how do we as individuals think about evolution? This paper aims to identify the problem of insufficient oncology nurse navigators and patient dissatisfaction in the oncology outpatient clinic where I am currently employed. Furthermore, I plan to foster a proposed change that will improve patient satisfaction, patient care and strengthen the way the
For this business we would like to have an $18,500 ACCION loan. The loan amount will be in the long-term liability of the start-up summary. The owners’ investment of $6,200 will also be included along with a short term line of credit of $4,000 for inventory renewal.