Windber Medical Center Essay example
High school
Essay
Finance & Accounting
Pages 3 (753 words)
Download 0
Windber Medical Center was founded at the height of the coal mining industry in Western Pennsylvania by the Berwind White Coal Company to cater for its workers’ medical needs…

Introduction

Adherence to staff hierarchy and unquestioned physician authority were the norm. However, with the demise of the coal industry, Windber Medical Center lost its key clientele, influence and revenue dipped. To make matters worse Congress enacted the Balanced Budget Amendment Act that changed how reimbursements would be made to small, nonteaching and non-rural hospitals such as Windber. This meant that Windber would have to find a way to be more competitive in order to attract more patients, government funding and funding from other third parties. Diagnosis: What problems was Windber Medical Center facing? According to the report from Ernst and Young, Windber was not making enough money and it faced an imminent demise in five years’ time because of the changes in insurance reimbursements, changes in government reimbursements and heightened competition due to increased penetration of managed care products in the market. Furthermore, Windber was located in an area where the population was migrating out of thus reducing the size of its market. However, the root cause of Windber’s problems was that it operated in an archaic system that saw patients as “disruptions” rather than as customers. ...
Download paper
Not exactly what you need?

Related papers

Does lupron provide a better outcome for first line treatment in advanced prostate cancer
Introduction In spite of all the dramatic advances in the understanding of disease processes, medical science and medical technologies, cancer remains a disease of special focus in present times, because of the challenges that it continues to pose as a life threatening disease. Most of the cancer diseases tend to be chronic, with a strong possibility of causing the death of the individual, yet…
Calories restriction and health in medical improvement
Fasting prior to chemotherapy enhances the effect of the chemotherapeutic agent on the tumour and reduces the toxic side effects of the chemotherapeutic agent on the patient. However, before this benefit of calorie restriction could be used in human beings more studies are require to reinforce the findings of the twin benefits of calorie restriction. 1. Introduction 1.1. Calories Restriction Over…
Comparative Summary
It is against this backdrop that three major financial environments namely the profit making environment, not-for-profit environment and government environments have been identified in this study for critical scrutiny on how differences in financial management in each of the environments can be well harnessed to ensure that the collective goal of achieving universal quality healthcare can be…
Ethical issues in emergency medical service operations
Over years, there has been impressive growth in the field of pre-hospital medicine. With the continued growth in the body of knowledge, the challenges of pre-hospital emergency medical care have become more operational as compared to medical Ethical Issues in Emergency Medical Service Operations Abstract Over years, there has been impressive growth in the field of pre-hospital medicine. With the…
Financial Management and Accounting
In general terms, funding for medical institutions such as SUNY Downstate can come from various sources and that it also depends on the type of services provided. But the main source of income is of course its patrons - those individuals that receive and purchase its services: students, organizations and patients. For example, its academic institution has 1,751 students and 1,049 residents. The…
Sunshine center
Under the church’s control, the Sunshine is under the management of Barb who had no prior experience as a teacher, childcare provider or manager. The resignation of the first Sunshine Center committee led to the formation of a two person committee comprising of Olivia as the secretary and Sarah as the chair of the committee with the Rev. Andrew as an ex-officio member. The new committee has…
Health Insurance Analysis Report
Therefore, ACA ensures quality health service is affordable to people regardless of their social class. The Act requires more individuals to get a health insurance coverage that will enable them access health facilities anytime without finance problems. As the ACA health reform seeks to achieve all this it will inject many changes in the health sector. This paper, therefore, addresses the impacts…