Tuesday, February 25, 2020

Case study (Cost Analysis) Example | Topics and Well Written Essays - 750 words

(Cost Analysis) - Case Study Example It is essential for the Chief financial officer to develop a budget that retain and influence doctors input. Managing the physicians could be adequately done by proper management of time so that those who may seek to make more money do not do it at the expense of BCH. As a CFO, the management can be effected by converting hospital staff’s net paid days worked to a factor. BCH CFO Office is open and staffed seven days a week, per as a work agreement with a well managed care plans. The office manager prepares a worksheet, which displays 9 holidays, 15 vacation days, 7 sick days, and 3 education days, equaling thirty four paid days per year not worked. The physicians’ cluster allows 5 sick days, 8 holidays, and 1 education day. A physician must work one full year to receive 5 vacation days. An employee ought to have worked full time for 3 full years before getting 10 annual holiday days. This is a cost effective approach that can be implemented to allow physicians get comm itted (Nowicki, 2008). As a CFO, the iron triangle of health care must be implemented to cater for the physicians, patients and organization. Health policy analysts normally refer to an iron triangle of healthiness. The three edges of the triangle are the quality, cost, and accessibility of care. This means that, in equilibrium, improving the performance of the health care organization along any one of these perspective can compromise one or both of the other aspects, regardless of the quantity that is spent on health care (Zelman, McCue, & Glick, 2009). Such tradeoffs are not frequently required, of course. For instance, tying payments to physicians to the quality of services offered could improve providers’ enticement to contain costs and progress quality. As a CFO, cost effective programs implementation is essential. Dealing with hospitalist issues Hospitalist is the term applied for physicians who are specialized in the care of sick clients in the hospital. This movement was started about ten years ago and has transformed due to many factors. These factors include; convenience, cost-effectiveness for hospitals, financial strains on primary care doctors, efficiency, patient safety, and need for more dedicated and synchronized care for hospitalized patients. As a CFO, funds must be budgeted to enable implementation of the hospitalist. Financial costs Cost accounting system; Bobcat Community Hospital has a strong billing and collection constituents but a weak cost accounting coordination. Financial incentives have always maximized on reimbursement but not in controlling costs (Brent, 2003). The cost of implementing this would not change the 2010 budgetary

Sunday, February 9, 2020

The place that we grow up in shapes our personality and our life Essay

The place that we grow up in shapes our personality and our life forever. Did you grow up in a rural town, in a crowded city, in - Essay Example I attended elementary school in this town, went for my first nature trail here, learned how to ride a bicycle and most importantly learned how to live with other people by interacting with the people of Flagstaff town. All my childhood memories are based on this beautiful town. The beautiful sceneries of Flagstaff and its caring community have influenced my persona and shaped my personality. The people of Flagstaff are warm and very friendly even to strangers. As I was growing up in Flagstaff, many of the people I interacted with believed that one should treat others the same way he or she would want to be treated. Their actions are filled with kindness and they conduct themselves with humility. The people of Flagstaff imparted these qualities on me when I was a child and I have lived to practice deeds that emulate them even when other people try to take advantage of my nature. My parents, who are Flagstaff natives, have treated other people respectfully and they have instilled the s ame on me by being a great example, thus demonstrating the manner in which I should conduct myself when interacting with other people. Flagstaff is considered one of the safest towns in Arizona as the criminal activities are isolated. The people of Flagstaff are very close and this aspect has helped them foster peace with one another. Every individual enjoys a close relationship with the people from the surrounding area, therefore, making perpetration of a crime, a difficult task. Some people from our neighborhood often joked that the little criminal activities present, were perpetrated by non-Flagstaff residents as they believed that the community did not host any criminals. Growing up in this community, one was taught to ask but never to obtain anything without the owner’s consent. My neighbor, an elderly woman, usually left her backdoor open so that the cool breeze could cool her house during the summer and no one took a piece her delicious pies without asking her for it. This is a tradition of the people of Flagstaff and assimilating it has led me to become an honest person who loves to interact with the people that I live with. Other people are able to trust me because I am able to foster honesty with them. Flagstaff is well-known for its scenic beauty, the mountainous outdoors, the nature trails and the ponderosa pine forests that make it an amenable place to camp. I fell in love with nature when I was still a kid and my father used to take my siblings and me for camping, mountaineering and mountain biking in the adjacent parks. Flagstaff is surrounded by various parks like Buffalo Park, Thorne Park and Wheeler Park, which provide great camping sites for the camping enthusiasts (Tripadvisor). It always turned out to be a great experience whenever my father took us camping as we were able to watch the different kinds of birds and animals during the day, and watch the constellations of stars at night. Camping in these areas of Flagstaff revealed tha t I had a passion for nature. Whether it was the beautiful green scenery filled with cold fresh air or it was the sandy, dry desert climate, it brought a feeling of calmness as I strolled peacefully across the environs of Flagstaff. The beautiful scenery of Flagstaff that is characterized by a pollution free environment inspired me to appreciate the environment for the many advantages associated with it. The natural beauty surrounding Flagstaff is phenomenal and the amazing places a person can