St. Jude children’s Research Hospital
What is the name of your organization? What year was the agency founded?
I would like to focus on one non-profit organization that has been doing very well in the recent years. The name of the organization is St Jude Research Hospital, which deals with the cure and treatment of children suffering from catastrophic diseases. In the five decades, it has been operational, the mortality rate has gradually reduced therefore saving lots of lives. St Jude started its operations in 1962. Danny Thomas was the one who started the organization and was helped by two other close friends (Pui, Pei, Pappo, Howard, Cheng, Sandlund and Gajjar, 2012).
What was the total revenue for the current year?
The total revenue of any firm is calculated by adding the total sales of good and services in a given period mostly one year as explained by Austin, (2002). According to St Jude children’s Research Hospital’s financial statement for the year ending June 2014, the total revenue totalled to $ 410,148,655. It was achieved by the addition of net patient service revenue ($ 104,014,142), research grants and contracts ($ 93,786,845), net investment income ($ 201,569,845), net assets released from restrictions (0) and other revenues ($ 10,778,398).
How does this compare to the previous year? Explain where the largest gain or loss was from the previous year?
In the financial year that ended June 2013, the total revenue was lower than that of 2014. The breakdown of
Gross Revenue – Gross revenue continued to make positive strides in March with gross revenue $327k in excess of budget. Gross revenue for the Hospital was $302k over budget for the month, with the largest over budget variances in Radiology ($329k), Lab ($111k) and Cardiology at ($70k). The largest under budget variances were in Med Surge ($112k) and Oncology ($85k). The Medical Group’s gross revenue was essentially on budget, with notable over budget variances in NLH Orthopedics ($82k)
Dignity Health Methodist Hospital of Sacramento is a nonprofit general acute care hospital located in the southern part of Sacramento on 7500 Hospital Dr, Sacramento, CA 95823. Methodist Hospital has been serving the Sacramento region since 1973. The hospital has 329 licensed bed in total, out of the 329 beds 162 are acute care bed type. Methodist hospital provides patients a full range of services ranging from skilled nursing, Family Birth Center, Emergency Room, Orthopedic, to Physical Therapy Center. It offers 24-hour basic emergency services but unfortunately, it does not offer trauma services. Provider Id 050590.
Net Sales – totaled $4,485,000.00 for year 6, and grew +33.3% or $1,495,000.00 between years 6 to 7.
The total revenue of any firm is calculated by adding the total sales of good and services in a given period mostly one year as explained by Austin, (2002). According to St Jude children’s Research Hospital’s financial statement for the year ending June 2014, the total revenue totalled to $ 410,148,655. It was achieved by the addition of net patient service revenue ($ 104,014,142), research grants and contracts ($ 93,786,845), net investment income ($ 201,569,845), net assets released from restrictions (0) and other revenues ($ 10,778,398).
Patton – Fuller community hospital’s network system consist of two major parts, the first part is the executive part that connects the hospitals executive management, human resources department, operations, IT and data center, etc., the first network is connected using a 1000base-T Gigabyte network connection that uses a typical Cat6 cabling (Apollo Group Inc., 2008), the second major part of the network connects the departments of radiology, operating room, wards, ICU’s, etc. using a 1000base F fiber optic based connection, this connection is a
St. Jude Children’s Research Hospital, founded in 1962, is a pediatric treatment and research facility focused on children’s catastrophic diseases. The hospital costs about $2 million a day to run no family ever pays for their child to go to St. Jude. I chose this organization because St. Jude does a remarkable job taking care of children in need. If I ever volunteer at a hospital, St. Jude would be at the top of my list along with Children’s Medical Center.
This paper strives to answer questions based on the case study “Emanuel Medical Center: Crisis in the Health Care Industry”. As excerpted directly from the case study, Mr. Robert Moen, Emanuel Medical Center (EMC) president and CEO, was experiencing a number of challenges in 2002. The medical center faced numerous challenges in its external and internal environment. First, EMC garnered an onslaught of negative attention for the “Haley Eckman incident” in which a young man, who happened to be a gang member, died within view of EMC’s Emergency Department (ED) medical personnel rendered no care and watched. The emergency department at EMC was also experiencing greater pressure to deliver services in an increasingly
The non-profit organization I chose to research is St. Jude’s Children’s Research Hospital. This organization was founded by Danny Thomas in February of 1962. Thomas was a show entertainer, who prayed to St. Jude Thaddeus asking for success so that he would be able to repay others. Now, 54 years later, the hospital has over 3900 employees and is world renown for all of their work with children.
During the last week I have been observing spiritual needs of patients in the Carl T Hayden Medical center in Phoenix Arizona. A majority of the assessment was observation based and one patient was open to some questions. The assessment tool I used is a set of five questions and the tool is always preceded by observation. The assessment is based on the observation period involves looking for obvious signs of religious or spiritual activity. These signs could be religious literature in the patient possession, wearing religious insignia; such a necklace with a cross or Star of David, and noticing the activity of the chaplain rounds. My assessment is based off of the F.I.C.A
I think the strategic mission should be revised. The Medical Center is in an older urban area with smaller shops and businesses. The community is trending towards a predominantly elder population. There has also been a decline in compliance with T.J.C. standards. Staffing supports new program development and the physician staff is in abundant supply. There are also major issues that need to be addressed, such as shortages in clinical staff, non-interfacing information technology systems, antiquated facilities and infrastructure, and a shift to its financial mix. Careful assessment of the aging person's
North Carolina Children’s Hospital (NCCH) is part of a not-for-profit cohesive health care system owned by the state of North Carolina, based in Chapel Hill. It is part of a public academic medical center established in 1952 as North Carolina Memorial Hospital to provide patient care, educate health care professionals and advance medical research in partnership with the University of North Carolina School of Medicine (About UNC Children 's, 2015). NCCH is presently apart of a network which currently encompasses clinical programs with the University of North Carolina’s Medical school, and is associated with seven hospitals within its network, along with other hospital systems across the state.
1) In late 2000, Lucent announced that revenues would be adjusted downwards by $679m as a
The nurses at Memorial Hospital work a regular schedule of four 10-hour days per week. The average regulartime pay across all nursing grades is $12.00 per hour. Overtime may be scheduled when necessary. However, because of the intensity of the demands placed on nurses, only a limited amount of overtime is permitted per week. Nurses may be scheduled for as many as 12 hours per day for a maximum of five days per week. Overtime is compensated at a rate of $18.00 per hour. In periods of extremely high demand, temporary part-time nurses may be hired for a limited period of time. Temporary nurses are paid $15.00 per hour. Memorial Hospital has a policy that limits the proportion of temporary nurses to 15 percent of the
During the fiscal year ending Dec. 31, 2015, Pharmerica had revenue of $2,029 million a 7.1% increase from $1.895 million in 2014. However, the cost of revenue also increased by 8.9% to $1,693 million. The revenue growth rate was 7.8% in fiscal year 2014 and -4.1% in 2013; the change in cost of revenue was 8.7% and -6.6%. The gross profit of Pharmerica in fiscal year 2015 was $335 million (15.6% of revenue), which resulted in the net income of $35 million (the net margin of 0.8%). There was a number of reasons for the dip in revenue growth in 2013, due to lower contracted customer accounts in the institutional pharmacy segment and the cutbacks in state and federal reimbursement payments.
Throughout my career in the social sector I worked with a variety of for-profit companies; over the last few years I’ve noticed interesting trends. Corporations are changing how they structure and evaluate philanthropic partnerships and fewer and fewer organizations are opting to donate through traditional methods. Social entrepreneurs are even integrating philanthropy into their business models. Just consider, big names such as Toms and Seventh Generation and newer start ups like Bombas (a sock company that donates socks one-for-one for every pair they sell). One-time event sponsorship and foundation giving seems to be losing ground to newer, innovative community investment strategies. These shifts have encouraged non-profits, including