Financial managed is an important tool for any organization. In the healthcare settings, the management must ensure that affordability of the medical acre is enforced. The government has put various measures to ensure that health care is affordable compared to what was happening in the past. It is important to note that financial analysis affects management decision in various ways. First, the management must ensure that the financial analysis is relating to what the government has stipulated in relating to the cost of healthcare. One of the main agenda of the government is to ensure affordability regarding health care. In that case, all the financial analysis must ensure that it relates to what the government has set forth. Also, any health care must ensure that they are making profits (Eisenberg, 2010). As much as their main objective is to ensure the wellbeing of the patients, they must also be able to pay the workers. In that light, the management must ensure that as much as the health care services are affordable, it also ensures that the institution is making an adequate amount of profits.
Operation assessment relates to the process in which all the activities within the health acre are analyses to ensure effectiveness. In most cases, it entails evaluating the performance of the employees and how they are conducting their operations. The success of the healthcare will depend on the role played by such people within that facility. Based on that, the management must ensure all that all the departments within that institution coordinate for better services delivery. Operation ascendant Also is about checking on how other eras will be improved in that facility. It is also important to note that operation basement must relate to financial analysis since all the operating must be to make profits (Eisenberg, 2010). Many people tend to misunderstand the services provided in the healthcare facility. As much as they must ensure that the patients are sure well-taken care off, there should also make profits to sustain its operations.
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Quality improvement is another important tool for any healthcare organization. In fact, with the increased number of healthcare facilities in the countries, patient are more attracted to an institution that offers better quality services. In that light, the management must put various measures in place to ensure that quality is improved (Eisenberg, 2010). One of the ways of improving quality is through training the health care workers on how to deliver better services' it is the responsibility of the management also to include quality improvement as parts of the organization culture. Such move will ensure that the management works towards improving quality. Also, the patients should be able to report any cases that the feeling that the healthcare worker did not perfume his or her job as expected. With such move, the health care institution is likely to improve regarding quality.
Arkansas Surgical Hospital is one of the healthcare facilities in the United States. The hospital is indicated as one of the most performing healthcare institutions in the country. The government introduced various health care reforms as way o ensuring the reduction of healthcare cost. As such, the financial amendment of Arkansas Surgical Hospital is similar to others in different parts of the country (Eisenberg, 2010). Regarding payment, Arkansas Surgical Hospital has used the insurance aspect as its form of payment. In that light, consumers are supposed to pay premiums every month for various types of insurance com apneas. In that light, when any member of that family falls sick, the patient can easily seek treatment at Avery affordable price since the insurance will cover that cost. Also, the government tends to release a certain amount of money to care for the health acres services. The purpose of this money is to ensure that the management of Arkansas Surgical Hospital reduced that amount of health care cost that they charge to the public. The patients are also allowed to pay for private pay if they feel like doing so. However, in most cases, such measures are practiced by the people who are wealthy.
Arkansas Surgical Hospital is one of the healthcare institutions in the country that is very strict when it comes to the ethical standards aspects. Every worker is supposed to perform his or her job under the set ethical standards, For example, one of the ethical standards is for the health workers to ensure that they observe patient privacy and confidentially. Any health worker who violates such ethical standards is liable to punishment.
Regarding Accreditation, the institution is ranked among top ten health institution that is performing very well in the country. With such type of reputation, they have received a lot of patents. With the measures put forward by the management, it is lily that with it will improve very soon on its Accreditation.
Awards are one of the methods that the management of Arkansas Surgical Hospital has used to motivate their employees. Through awarding some of the performing employees, others are motivated to put the same effort to ensure that they are also rewarded. Motivation is very important for any organization (Malek, 2016). In some case, the employee tends to do with such incentives as a way of motivating them. Based on that, the management has established different ways in which the employees are warded. First, the employees are awarded regarding the quality of their work. To ensure that all the employee ensure that they deliver biter work, the patient will have to rate them regarding service delivery. The worker that will get the most rates will be awarded at the end of a certain period.
Arkansas Surgical Hospital has put various regulations in that facility. Also, the management has ensured that employees who do not abide by such rules are regulations are discipline (Rosoff, 2014). One form of disciplinary action is a suspension for some of the employees who are not performing as expected. Such move is for the purpose of ensuring that the rules and regulation are followed. Also, the culture of the origination is more focused on the service delivery aspects (Rosoff, 2014). In that measure, the employees tend to ensure that all the activities are followed. Also, during the selection process, the management ensures that they hire people who can easily follow instructions.
Regarding ethical care for those receiving care at the organization, the Arkansas Surgical Hospital management has ensured that all the people receive the equal type of treatment (Rosoff, 2014). Any discrimination within that facility is considered to be inappropriate, and the management is very strict about it. In the recent years, the government introduced policies that would ensure all the people within the health acre institution received the same type of treatment irrespective of their age, gender color or religion.
Marketing
One of the strategies that Arkansas Surgical Hospital has used to market is services is through advertisement. In the recent years, the use of social media has been referred as the best type of advertisement. It is evident that millions of people around the world have subscribed to different platforms of social media (Taylor, 2010). In that light, Arkansas Surgical Hospital has opened by certain social media sites such as Facebook in which it connects with their patients as well as the management. The use of Facebook is a mode of reaching to patients is very appropriate. Any people who want to find any information about the hospital l with sending them a message in which they will respond. Through such m easers, they have been able to market their services.
Another strategy in which the hospital has been able to market is services are through ensuring quality services. Consumers will always be attracted to quality services. Once a person is satisfied with a certain service delivery, the person will need informal another. Such measures will ensure that more people are a where of their services. Also, the hospital has invited in the use of modern technology to ensure better service delivery (Taylor, 2010). In the recent years, technology has been used a way of having a competitive advantage over other firms. Another strategy is to ensure that the affordability of their services. It means that much custody in the country can be able to afford their services.
Branding is another measure that the Arkansas Surgical Hospital has used as part of its marketing process. To understand branding, it is important to look at the 4Ps of the business market. One of them is the place in which Arkansas Surgical Hospital is located in the central business places in which many people operate. As such, its locations are very conducive for most of the people in the parts of the country. Another aspect is the pricing, in which the hospital has branded its services as affordable (Taylor, 2010). In that light, it makes their customers feel at ease to seek their services at any time. Regarding product, the topsail has used a unique logo as part of its branding. According to an economist, customers tend to reconsider a certain type of logo for a company. Barding is very important since it is the thing that standouts in the marketplace.
Arkansas Surgical Hospital is a health care institution that has ensured that it promotes the growth of the community. For instance, it has established schools in which the children around that region could attend. Also, the hospital has developed water services for the community. What is more, most of the employees are people from those parts of the country which is Texas. This means that the hospital has created employment opportunities for the local people. In fact, 78% of the employee's parts of the medical practitioner are people from that community. Also, since it's a major hospital, the infrastructure in that region is well developed in which the community also benefits. Such measures show that the hospital has ensured the growth of those regions.
References
Eisenberg, M. G., Falconer, J. A., & Sutkin, L. C. (2010). Communications in a health care setting. Springfield, Ill: C.C. Thomas.
Malek, M. H., & Symposium on Health Care Strategy. (2016). Setting priorities in health care. Chichester: John Wiley & Sons.
Rosoff, P. M. (2014). Rationing is not a four-letter word: Setting limits on health care.
Taylor, G., & Hawley, H. (2010). Key debates in health care. Maidenhead: Open University Press.
