Health Care Management - Research Paper Example

Comments (0) Cite this document
Summary
HEALTH CARE MANAGEMENT (Strategic Alliances) Name of student (author) Name of university Introduction The healthcare industry has become a big and complicated business. It is a highly-competitive private industry that seeks to promote higher quality of service, a greater degree of innovative practices, lower prices, and more output in services rendered, while giving healthy profits and reasonable rates of return to industry investors…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.2% of users find it useful
Health Care Management
Read TextPreview

Extract of sample
"Health Care Management"

Download file to see previous pages Like any business or an industry driven by healthy competition, the healthcare industry undergoes several stages as it goes through the normal business cycles, such as mergers and acquisitions for consolidation. The idea is that being bigger brings about certain advantages such as economies of scale. Continuing consolidation can also result in concentration that brings about oligopolies. Discussion Health care organizations are no different from any other business entities, so they also enter into strategic alliances to further their chances of success by reducing business risks. This industry has been in a state of flux due to the recent developments which impacted it; the fairly-recent passage of the healthcare reforms signed by President Barack Obama and called the Patient Protection and Affordable Care (PPAC) Act, or simply as Obamacare, has altered the landscape of the healthcare industry. It has expanded the number of potential clients who are now mandated to get healthcare insurance by approximately 30 million (Pear, 2012, p. 1). Competitive pressures to lower insurance costs will propel new re-alignments and mergers. Part of the law requires that state health insurance exchanges be put up in every state; it compels insurance firms to offer competitive prices for coverage but hospitals, to remain viable, must still comply with the EMTALA Law despite this provision (Fosmire, 2009, p. 1). This will probably shortcut some of the stages that strategic alliances normally go through. The usual route is the so-called industry life-cycle model that pertains to the various stages of growth, namely emergence, transition, maturity and critical crossroads. However, there are new changes in the industry operating environment, termed as environmental jolts, which may compel alliances to bypass some stages; an ability to do so depends on leaders who can pull off, by sheer intelligence and pure charisma, a short-circuit route without putting their organizations at risk. The four primary drivers of business success are strategy, execution, culture and, lastly, structure. These four can be supplemented by any of these four secondary management practices, namely talent, leadership, innovation and mergers (or partnerships). It is clear from the above that it is important to have the right leader at the top, to make this a so-called 4+2 formula work to the best outcome (Nohria, Joyce, & Roberson, 2003, p. 42); a dynamic, inspirational and transformational leader can bring this about by carefully choosing the right healthcare partners, best fit in terms of objectives and cultures. The said leader must focus exclusively on working out the solutions to common problems and overcome resistance to change (Kan & Parry, 2004, p. 468). In this regard, not every strategic alliance has to go through all four phases; the current situation may compel some leaders to go from emergence to maturity without passing through the transition stage to hasten consolidation and capture market shares quickly. However, success depends on the type of leader and the leadership style. If there is a clear or overriding congruence of goals, good leaders can overcome resistance and achieve good results. Alliances are admittedly very risky undertakings, as evidenced by a high failure rate. It is incumbent on leaders to carefully articulate their ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Health Care Management Research Paper Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved de https://studentshare.org/health-sciences-medicine/1454130-week
(Health Care Management Research Paper Example | Topics and Well Written Essays - 750 Words)
https://studentshare.org/health-sciences-medicine/1454130-week.
“Health Care Management Research Paper Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/health-sciences-medicine/1454130-week.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
State mental health care management
...of the programs provided. The focus of decision makers is on how to customize public mental healthcare so that it is outcome oriented and offers the customers high quality care consistently. Just like all other management decisions, there is need for elaborate planning including precise goals and well-researched support systems that will be required to ensure accountability. Additionally, there will be need for constant evaluation of the plans and actions to see whether they meet the set out goals in both the short and the long term. Visionary public mental health managers should ensure that the health system developed is seamless and integrated and is...
12 Pages(3000 words)Term Paper
Debate on Health Care Management
...?Running head: DEBATE ON HEALTH CARE MANAGEMENT Debate on Health Care Management The paper discusses the increasing dominance of market-based health care services in America against the setting and environment of the present problems with health care quality, increasing health cost, declining physician-patient relations because of ethical concerns, and the continual inequalities of health care access and outcomes. The current health care delivery system in the country is summarized by...
10 Pages(2500 words)Term Paper
Health Care Management
...?Running head: SELF REFLECTIVE ESSAY Self Reflective Essay First Middle initial and of BHS427 Health Care Finance June 20, 2011 I have always been very interested in learning about the various aspects of health care management. This course on health care finance gave me the much needed perspective to understand the current health care scenario and the challenges that it faces from the financial perspective. As the course progressed I realized that health care finance is very important and relevant with respect to the current health...
1 Pages(250 words)Essay
Health Care Management
...? Health Care Management Health care management In order to live a disease-free life, individuals strive for numerous health checks to ensure that they are healthy. This is commonly achieved through frequent hospital readmissions and appearances in the emergency department and lab sections. Emergency departments offer vital treatment for other serious and urgent medical conditions (Ken, Young & Spillane, 1998). Recently, many individuals exploit emergency department services for a broad range of medical complaints, several of which could be handled outside the hospital premises. Frequent readmissions occur due to problems...
8 Pages(2000 words)Research Paper
Advanced Health Care Management
...of their treatment and interactions occurring between them. References Browning, H.W., Torain, D.J. & T.E. Patterson (2011). Collaborative Healthcare Leadership: A Six-Part Model for Adapting and Thriving During a Time of Transformative Change. CCL. [Online]. Retrieved on 19 June 2013 from: http://www.ccl.org/leadership/pdf/research/CollaborativeHealthcareLeadership.pdf Garman, A.N. & C.H. Lemak (2011). Developing Healthcare Leaders: What We Have Learned, and What is Next. NCHL. [Online]. Retrieved on 18 June 2013 from: http://www.nchl.org/Documents/NavLink/NCHL_Developing_Healthcare_Leaders__Nov_2011_uid11212011137292.pdf Hartley, J. & J. Benington (2010). Leadership for Healthcare. Bristol: The Policy Press. Snowdon, A. (2012)....
4 Pages(1000 words)Assignment
Health Care Management Program
...? Health Care Management Program: Draft Interview Assignment Dolores V. Rogers-900632091 Management Principles in Health Care, HCM 3020-003 Professor Garrett M. Chism September 26, 2013 According to Buchbinder and Shanks, Healthcare Management (HCM) can be defined as the use of clinical and information technology, as well as managerial and leadership skills to ensure the optimal delivery of healthcare. When we talk about healthcare management, we actually mean talking about the ways to improve the provision of healthcare facilities to patients. Effective healthcare management is essential...
5 Pages(1250 words)Essay
Health care Management
...literature surveys are simple, easy to understand and very detailed, where a step by step approach is used for identification of the underlying issue to implementation of the appropriate solution. The current report examines various strategies that can be implemented in order to improve the overall quality of services offered by health care professionals. The report analyses various strategies and skills, required to bring effectiveness and improve the quality as well as examining their exact application. It also explains the responsibility of a hospital manager that how he/she makes an effort to reduce waiting time by 10% for the next 3 years. Health...
12 Pages(3000 words)Essay
Health care management
...) New York: McGraw-Hill, 1990. Laurent, Christopher L. “Control Addicts: a 12-step Program for Nurse Managers.” Nursing Forum (35) 4 (2000), pp. 15 ff. Longest, B. Management Practices for the Health Professional. Norwalk, CT: Appleton and Lange, 1990. Rigolosi, Elaine La Monica. Management and Leadership in Nursing and Health Care: An Experiential Approach. New York: Springer, 2005.... chat about my work. In terms of actually being a manager, it is important to remember that management processes cover quite a wide area. There are at least four broad managerial functions that are absolutely essential: planning, organizing, motivating and controlling. (Hersey et al, 2001, p. 11). Instead of being a worker...
5 Pages(1250 words)Essay
Ethical issues in Health Care Management
... of the codes of ethics will guarantee that the healthcare managers are working in the interests of their patients and safeguard their personnel. References: Group Health Association of America. (1995), Innovative Answers for Americas Health Care: Best Practices in HMOs.  Pozgar,G. , Santucci, N., Pinnella, J., (2009), Legal and Ethical Issues for Health Care Professionals, Jones & Bartlett Publishers; 2 edition, USA Perry, F., and Fache, R.N. (2001) The Tracks We Leave: Ethics in Healthcare Management, Health Administration Press... and preserve their personal dignity in case of illness (Pozgar, Santucci and Pinnella, 2009). During healthcare problems people are more vulnerable and need higher protections of their rights. A landmark in the...
3 Pages(750 words)Essay
Health Care Management HA330
...HEALTH MANAGEMENT THE STRATEGIES AND IMPLEMENTATIONS OF HEALTH MANAGEMENT In today’s globally changing environment, a systematic approach is required to manage the changes in health care organizations. The role of managers and leaders to probe the different factors affecting the sustainability of organization along with its commercial value are discussed in the paper. The paper throws light on various strategies that a health care organization can use to improve the quality of its services. The pros and cons of each strategy are discussed. It also elaborates on the...
10 Pages(2500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Research Paper on topic Health Care Management for FREE!
Contact Us