The United States Health Care System - 1483 Words

The United States health care system is problematic. On average the U.S. has 440,000 deaths a year from care in hospitals due to accidents and hospital acquired infections; harming patients and the pocket books of families and insurance companies with unnecessary cost and procedures (Allen). With the Affordable Care Act (ACA) the government is hoping to decrease these unnecessary cost; cutting down on medication administration, providing more preventive care, and merging many different healthcare members’ jobs into one position in order to cut cost on staff. There has been great strives with the new reform of health care, but there has also been downfalls and uncertainty. Preventive care has come to the forefront; this will help save patients and money for all those in the market for healthcare, so everyone. While preventive care is great, it is leaving many health care members are questioning what is next for them. The ACA is moving into the general public, but with immunizat ions already being taken over by drug stores, people are worried about the stability of job opportunities outside the hospital. As a nursing student myself I have concern of what the job market will be when I graduate; because when I started it was in high demand and now many student are struggling to find jobs. Therefore, I have concerns with the ACA and that some provisions will need to be reevaluated. The ACA is transforming the â€Å"non-group insurance market in the United States,† while mandatingShow MoreRelatedThe United States Health Care System1369 Words   |  6 Pagesplans for the United States health care system. The United States health care system has been in need of adjustment for years, with prices being paid over double per capita compared to other countries. While they have some similar views on current issues, there are drastic differences in the candidates’ ideas for change. To begin, Bernie Sanders, a Democratic candidate, believes that health care in the United States is a human right regardless of a person’s income. Universal health care is a foundationRead MoreThe United States Health Care System1449 Words   |  6 PagesThe United States health care system is the most expensive in the world. It spends more than 16% of its gross domestic product (GDP) on health care, (the highest per person in the world), but ranks behind most countries on many measures of health outcomes, quality, and efficiency. In 2012, over 47 million people were un-insured and millions were under-insured⠁ ´. The cost of health care is rising at least twice as fast as the rate of economic growth. Major companies are passing more of the cost ofRead MoreThe United States Health Care System Essay1905 Words   |  8 PagesThe United States health care system is lacking the needs to create a reliable system to achieve quality, access, cost, and educate for the consumers. Despite the efforts of the government to find a common ground to meet the standard for the societies, the system has yet to have a major improvement. These issues must be reexamined to fix the broken system. The United States health care expenditure is another issue that needs to be addressed to achieve the future goals of the healthcare system in theRead MoreThe Quality Of Care Of The United States Health Care System2125 Words   |  9 PagesThe quality of care In the United States Health Care System, unlike a lot of people’s perceptions, is not the best in the world. In fact, Rose Ann DeMoro, the Executive Director of National Nurses United, Which happens to be the nation’s largest professional association and union for registered nurses, wrote in â€Å"How US Private Insurance Healthcare is Failing,† â€Å"A study published [in June 2011] from the university of Washington in collaboration with researchers at Imperial College London found lifeRead MoreThe H ealth Care System Of The United States As A Whole Essay1369 Words   |  6 Pagesthe health care system in the United States as a whole. Within this article, the subjects of health care that are reviewed are a) the US government’s position as the insurer for roughly 60 percent of the healthcare spending in the US via the public sector, b) the analysis of the funding for government health care programs such as Medicare, Medicall, and Medicaid and c) the programs in place for the health care of children and program administration for war veterans. The author discusses health careRead MoreUnited States Health Care System Essay3779 Words   |  16 Pages17 Nov 2006 US Health Care System: Does the Public Get the Best Return vs. Investment The United States spends more of the Gross Domestic Product (GDP) on healthcare then any other industrialized country in the world and because of this one would think that the U.S. provides one of the top universal healthcare plans for all citizens without health insurance. Furthermore, the U.S.’s overall health system performance is 37 out of 191 (qtd in U.S. Census Bureau), obviously 37 out of 191 is horribleRead MoreComparing The Canadian And The United States Health Care System1151 Words   |  5 Pagesthe United States health care system. the first part of the paper will focus on describing each country health care system. The second part will focus on analyzing, evaluating and comparing these two countries system efficiency and benefits. The last part, is an overview of the recent policies changes and its effect (positive and negative) on each country citizens and proposed future reforms for better coverage in these countries. Canada health system Canada provides a national universal care thatRead MoreSafety Net Hospitals And The United States Health Care System903 Words   |  4 Pageshospitals have played an important role in the United States health care system. They provide a significant amount of care to low-income, uninsured, and vulnerable populations. While treating these types of populations, they are still able to provide high cost services such as trauma and burn care. They often take on additional roles and responsibilities such as the training of medical and nursing students (Coughlin et al., 2014). These hospital systems are well known for their open door policy (WynnRead MoreComparing The United States Health Care System With The Federal Republic Of Germany2322 Words   |  10 PagesTHE UNITED STATES HEALTH CARE SYSTEM WITH THE FEDERAL REPUBLIC OF GERMANY During the past few decades in the United States, health care cost has been skyrocketing, and many people have lost their insurance as result of the high cost. Approximately 45 million American s are uninsured or they don’t have a real health care plan that can cover all their needs. Some Americans have the perception that even with coverage, cost and other problems in the system, the quality of the Healthcare System in theRead MoreThe Health Care System Of The United States857 Words   |  4 Pages 1.) Briefly describe the US Health Care system. Identify the people, professionals and organizations that have something to say about how health care is delivered -- and paid for -- in the US. The Health Care System in the United States is provided by many organizations. The Healthcare facilities are largely owned by private sector businesses. A large part of community hospitals are non-profit and government owned, and only a small percent is for profit. The non-profit hospitals include 60 to

Small Business Idea - 1156 Words

Small-Business Idea Paper University of Phoenix ACC 561 Small-Business Idea Paper There are numerous factors affecting the type of business organizations that an owner should form, so that it is most beneficial for him and the product or services provided. In this paper, the four business structures are evaluated and the association of the legal, tax and accounting implications with the different structures are also discussed. Suppose that the government has released funds to set up small businesses, I would set up a language services company. The services will include translation, transcription, interpretation, copywriting and proofreading. Most companies nowadays provide services internationally. It is, therefore, important to be†¦show more content†¦It is, therefore, subjected to â€Å"double taxation†, which means that profits are taxed and shareholders are taxed on the dividends that are paid on the stock they own and any profits they receive on shares of stock that they sell (Tiwary, 2008). The ownership claim in corporations is defined by the amount of shares owned and can be easily transferred by selling off the shares. Because individual share can be easily bought, raising capital is easier for a corporation than the other business structures, particularly in â€Å"S† corporations. In corporations, the stockholders are protected from the liabilities and debts of the company, although they pay higher taxes on the dividends received from the company. A corporation also ensures the continuity of life if one owner dies. A corporation has more legal issues to handle than the other business structures because it is large and publicly traded. Everything needs to be documented and filed and general meetings must be held at least per annum. All actions affecting the operations of the company, such as mergers and establishing new business ventures, must be discussed, recorded and filed. This also means that because corporations trade publicly, they are required to provi de extensive financial statements such as the balance sheets, income statement, cash flow statement and retained earnings statement. They need these statements to attract more investors and increase capital. Corporations are also liable to the SOXShow MoreRelatedSmall Business Idea1521 Words   |  7 PagesSmall Business Idea ACC 561/Accounting January 30, 2012 Small Business Idea Introduction Starting a small business can be daunting, exciting, and rewarding. A proprietor must consider which form of business organization is best suited for his or her product or service. There has to be consideration with legal, tax, accounting, and other implications when selecting from the four business types. This paper will explore the advantages and disadvantages of sole proprietorship, corporationRead MoreThe Importance Of Business Ideas With Small Capital880 Words   |  4 PagesBusiness Ideas with Small Capital Filipinos are naturally creative. And it is just a waste how some would rather do nothing when they can make use of their time doing something that can help their families. Probably, one big reason that stops them from engaging themselves with worthwhile activities, such as building their own business is the lack of capital. And I do understand how some of them would rather try their luck winning the lotto instead. However, if one would really think of all the opportunitiesRead MoreEnterprise, Entrepreneurship And Intrapreneurship. Enterprise1638 Words   |  7 Pagescan use to develop a business and how a new/fresh business can help the economy and third world countries too. This report explains what can go wrong within a business and what sorts of misconceptions there are, and if they’re true or not. Definition of enterprise, entrepreneurship and intrapreneurship Enterprise is a project that is especially bold, difficult or complex such as starting a business for example THE BBC or Oxfam. An entrepreneur is somebody who creates a business/company with a higherRead MoreThe Concept Of An Entrepreneurship1345 Words   |  6 Pagesby many different people. The Business in Action textbook defines entrepreneurship as the combination of innovation, initiative and willingness take risks required to create and operate new businesses and an entrepreneur as a person with positive, forward-thinking desire to create profitable, sustainable business enterprise. According to this definition, a small business owner could definitely be classed as an entrepreneur, as anyone who runs and owns their own business is taking risks with their financesRead MoreRaising Capital For Any Startup1324 Words   |  6 PagesRaising capital for any startup in Nigeria is hard, and it is discouraging to invest in a business idea that is not easy for some entrepreneurs. Applying for secured personal loan or even a loan without collateral is not promising to anyone too. So, if you are looking for a business loan without collateral, you have to understand that getting a small business loan without collateral is certainly tough in today’s economy. That’s why you find a lot of searches on internet about â€Å"how to get loan withoutRead MoreEntrepreneurs Case Study1127 Words   |  5 PagesIntroduction The White House would like to raise exports by small business, however the unreliability of the global market is frightening the enterprise. President Obama would like to help out small businesses by asking Export-Import Bank to rise export funding by more than a third, to 6 billion dollars. With these increases he hopes to double American exports and encourages small businesses to go abroad. It is extremely hard for small businesses to go abroad though when the larger businesses dominateRead MoreImpact Of Entrepreneurship On Business Management1495 Words   |  6 PagesEntrepreneurship is defined as the process of designing, launching and running a business. It typically begins as a business idea such as starting a small business, offering a product or service. What is unique about this venture is the possibility and level of risk involved for instance lack of funds, an unforeseeable economic crisis or poor business decisions. Entrepreneurship is about how people identify opportun ities, evaluate whether they are viable and then decide to exploit them or not. TheRead MoreEssay on Innovation At International Foods744 Words   |  3 PagesBig business versus small business has been an issue since business started. Small businesses need to have a solid structure and a large backing of consumers to survive against big business. Josh Novak had a successful model for Glow-Foods and International Food Group (IFG) saw that. They were so impressed with his IT plan at Glow-Foods, they offered him a job at their IT office with a team to help their demographic. Josh was excited yet hesitant as he knew IFG was nothing like his small businessRead MoreBreak Even Analysis1227 Words   |  5 PagesBreak Even Analysis In business planning, asking the proper questions and obtaining answers to those questions is arguably the most important thing. Questions such as; how much do we have to sell to reach our profit goal? How much do our sales need to increase in order to cover a planned increase in advertising costs? What price should we charge to cover our costs and allow for the planned profit goals? Is our business going to be profitable? Answers to such difficult questions become accessibleRead MoreA Study On A Business997 Words   |  4 PagesStarting a business does not necessarily make one a startup founder - as the business may not necessarily be a startup at all! While it may have the potential to make the founder wealthy, it still may be a small business that can become huge in the future. Although these sound similar concepts, startups show up stark differences from conventional small businesses once we understand their fundamentals. I have had the fortune of being and working with hugely talented and entrepreneurial folks over

Analysing The Present Macro And Micro Environment Of The Hotel Karma

Question: Discuss about the Analysing The Present Macro And Micro Environment Of The Hotel Karma. Answer: Introduction Karma is a medium sized hotel that has around 250 air-conditioned rooms, all fitted with private bathrooms. The hotel even contains a lobby lounge, a full-service restaurant and a pub bar with snack service. There is a separate enclosed garden and some of the outbuildings get used as office or storage. The hotel has its location at Bondi Beach in Sydney, which is in itself a world-class tourist attraction, attracting huge visitors each year. This report is composed with the aim of analysing the present macro and micro environment of the hotel. Porter's Five Forces Model, PEST, and Value Chain models would be used for this process. Vision, mission and CSR related strategic approaches would be developed, with final recommendations provided for the initial year. Macro and Micro Environment Analysis PEST The strategy team chose PEST model for macro environmental analysis. It has the capability of analyzing the external factors that have an impact on the organization. PEST is short for Political, Economic, Social, and Technological factors (Gupta, 2013). Political Australia is a democratic nation that has a capitalist system (Walker, 2012). The political forces of this country do not hamper with legitimate business activities. Economic The economic development in this country is fast. The commercial quotient of the Bondi Beach area is high. Social Australia as a country boasts of multiculturalism and is highly migrant. The Bondi Beach area experiences visits from a lot of international visitors. Technological Australia has invested a lot in RD and the country has become technologically advanced in their industries in a fast and advanced manner. Porters Five Forces The strategy team chose Porter's Five Forces model as their main tool for external analysis of the five factors that help analyse the fundamental competitive situation of any industry - Bargaining Power of Suppliers, Bargaining Power of Buyers, Threat of New Entrants, Substitutes and Rivalry (Dobbs, 2014). Bargaining Power of Suppliers Low - Sydney being a metropolis, it boasts of many suppliers. Therefore, majority of the suppliers and their products are substitutable. Bargaining Power of Buyers Medium Many of the international tourists have high demand for Bondi Beach and they have huge purchasing power. At the same time, they are extremely concerned regarding the hotels quality. Threat of New Entrants Low the barriers to entry are high as huge amounts of funding is required to be able to enter the hotel industry at Bondi Beach. Threat of Substitutes High as the products and services of the hotel can be imitated and replaced easily. Competitive Rivalry High as there is high level competition due to most of the hotels not being dominated. Majority of the products of the hotel are costly and similar. Porter's Value Chain The strategy team made use of Porters Value Chain model for determining the possible values of the resources and the competitive advantage, which directs to the view that each step is valuable for resource utilization, as that influences the ultimate creation of value and competitive advantage for the business (Michelini Fiorentino, 2012). For Karma hotel at Bondi Beach, the main products are the rooms and the dining facilities. The production and sales elements of the service asks for investment from each link. Therefore, in the analysis of the value chain for Karma, each step of the hotels operation would be influencing the end value and competitive advantage. Overarching Business Strategy Vision The vision for Karma hotel is having a long-term impact on the people who visit them, their potential customers and the local community they operate in. Karma is on the path of becoming the first choice of hotel for their patrons, employees and the communities they expand in after Bondi Beach. Within a year it would be difficult for Karma, a medium sized hotel, to acquire market segment monopoly. Mission The mission of Karma would be representing their specific business scopes for their purposes and operations that would also relate to proper allocation of resources and action decisions. Karmas main mission are: Making the guests happy at all times of their stay (Smith Ong, 2015) Guests would be always choosing Karma whenever they are visiting Bondi Beach Ethical Business Investment of CSR At the heart of Karmas operations and business is ethics, which would make them pay more attention to corporate social responsibility (CSR). CSR for Karma would imply them focusing in their stakeholder, market, finance, environment and community. Benevolent changes and investments made in CSR would help Karma acquire sustainable development (Chernev Blair, 2015). Strategic Direction The developed vision and mission, with the help of macro and micro-environmental analysis, would affect Karmas administration categories, including their exact operational measures. Karma lacks the capability of participating in the price war with its competitors, only have option of choosing blue ocean strategy, produced differences and carry out the development of niche market. The first decision would be of cooperating with organising with travel agencies and targeting the markets that are emerging currently, like India, China, and other South East Asian countries (Brotherton, 2012). Karma has a sustainable operational strategy. Therefore, its operations are completely subject to the needs of ethical business. As the decision is to be taken for the next year, the hotels CSR would be more worried about the community aspect and make use of citizenship strategy. The CSR strategy would be of building a CSR fund from every booking - a good way of serving the local community and benefitting the hotel (Hilson, 2012). Conclusion In conclusion, the environmental and resource analysis of Karma hotel was properly done with the help of PEST, Porters Five Forces and Value Chain models. The management has been able to develop an appropriate vision, mission and a completely ethical business operation approach, including CSR and its investments. Limitations are existing in the model and environmental monitoring, which is required to consider account internalities and externalities. More strategic research of the environment is required on this front, so that it is made sure that the teams strategic mission gets fulfilled in the first year of operation itself. References Brotherton, B. (Ed.). (2012).International Hospitality Industry. Routledge. Chernev, A., Blair, S. (2015). Doing well by doing good: The benevolent halo of corporate social responsibility.Journal of Consumer Research,41(6), 1412-1425. Dobbs, M. (2014). Guidelines for applying Porter's five forces framework: a set of industry analysis templates.Competitiveness Review,24(1), 32-45. Gupta, A. (2013). Environmental and pest analysis: An approach to external business environment.Merit Research Journal of Art, Social Science and Humanities,1(2), 13-17. Hilson, G. (2012). Corporate Social Responsibility in the extractive industries: Experiences from developing countries.Resources Policy,37(2), 131-137. Michelini, L., Fiorentino, D. (2012). New business models for creating shared value.Social Responsibility Journal,8(4), 561-577. Smith, R. A., Ong, J. L. T. (2015). Corporate social responsibility and the operationalization challenge for global tourism organizations.Asia Pacific Journal of Tourism Research,20(5), 487-499. Walker, D. (2012). Anxious nation: Australia and the rise of Asia 1850-1939.Anxious Nation: Australia and the rise of Asia 1850-1939, xv