Got a tricky question? Receive an answer from students like you! Try us!

writting health care paper - Essay Example

Only on StudentShare
Author : maximillian78


Today we are living in a market driven economy. The competition has made its mark not only in sectors like auto, consumer goods, retail etc. but it is also true for services like insurance and healthcare…

Extract of sample
writting health care paper

Looking at the financial statement and the type of assets the MCMPC owns gives an impression is MCMPC is in need of further strengthening its finances in order to take on the competitors. The key features are;
• No long-term debt, that implies company can better exercise its options in expansion and diversification.
• MCMPC used its financial resources to open a new department, used one million to set up the cardiology department
• Over the last 20 years MCMPC has seen consistent growth and its revenues reached $22 million in 2007 with good profit margins.
• Despite operating for the last 20 years, the organization is not yet large enough, and has its presence at limited locations only.
• Company scores poorly on the management of HR. For quite some time, company is not able to recruit specialists and subspecialist because while some are associated with competitor company Innovative hospital or there are some who are not impressed by the leadership skills of Dr. Balko.
• Since the year 2008, the balance sheet of the company is in red, with projections for 2010 also pointing towards a loss.
• MCMPC had to use cash to setup cardiology department, which in turn resulted in poor showing on financial figures and ratios. The current ratio was the only part of the statement that was above standard ...
Download paper

Related Essays

Arguement paper on Universal health care
If they do, they offer high-deductible insurance that covers a small percentage of health care costs. In addition, employees share the cost of premiums, which are too expensive. Due to these facts, it is time for Universal Health Care.…
5 pages (1255 words)
writting health care business paper
Threats …
6 pages (1506 words)
Health Care System Paper
The NCPA paper stated that "Canadian health economist Cynthia Ramsay ranked the health-care systems of Singapore, Canada, the United States, the United Kingdom, Switzerland, Germany, Australia and South Africa".…
5 pages (1255 words)
Critical Thinking paper in Health Care
When he was experienced the creativity decreases, which makes him apply his known and time tested strategies and techniques he found successful. This is in general but not be certainly…
2 pages (502 words)
writting paper"
It is in this regard that this essay aims to present what the concept of culture is. Further, this paper would delve into the influence of this concept to perceptions of health and illness in the health care profession. Finally, a determination of the importance of understanding culture when planning health care would also be identified.…
5 pages (1255 words)
writting paper
It is also found that the Ms. Werther favors certain surgeons and allots more time to their surgery than other.…
3 pages (753 words)