Preview

Kaiser Permanente Executive Summary

Better Essays
Open Document
Open Document
4654 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Kaiser Permanente Executive Summary
Kaiser Permanente
BUS/475

Table of Contents
Executive Summary 3
Business Model and Strategic Plan Part I 5
Business Model and Strategic Plan Part II 11
Business Model and Strategic Plan Part III 16
Conclusion 20
References 22

Executive Summary
Kaiser Permanente has been in the process of developing a new division of the company. The addition will be a new wing designed especially for children patients. The expansion will be able to provide better care to the children who are sick, receiving treatments, and who are admitted to the hospital. Kaiser Permanente prides itself on providing the best care and feels that this expansion will help it continue to do so. The growth
…show more content…
It has been determined that the expansion is the best option for the company. The company will have minimal risk associated with the expansion. The cost of the expansion should be made up for in the additional revenue generated. The management team will add a member to oversee the new department. The team will continue to work together to make the company successful and provide a high level of customer satisfaction. All people involved in this expansion will benefit from it. The revenue will only increase more and more as time goes on. The more time that passes the more patients that will be insured and seen in the …show more content…
The company will adapt to needed changes quickly and has predicted changes that could occur because of internal and external factors. The company will remain organized, and a board will be developed for the construction of the new wing. The board will provide guidance and help to monitor the progress of the strategic plan. The board will address any issues that arise and suggest changes if needed. The board is a direct link to the employees and the director. This project will not be successful without the team work this company is known for.
The company has to follow all local, state, and federal regulations. Remaining legal is a priority to the company. The company will implement any new or revised laws immediately. The company will not refuse service, in a life-threatening situation because a person does not insurance. The company wants to help as many people as possible. The company will remain ethical in its practices.
The company plans to target as many customers as possible. The company will aim to all people including young adults, married couples with or without children, and seniors. Everyone needs to have medical insurance. The company will provide presentations to groups, and explain why insurance is needed. It will show costs compare between different companies. The customer will leave the presentation knowing without a doubt that Kaiser Permanente is the best choice for him or

You May Also Find These Documents Helpful

  • Better Essays

    My strategy will consist of three phases. These phases include: capital shortage, funding options for equipment acquisition and funding options for capital expansion. During these three phases I will observe the necessary financial statements and documents. From this information I will analyze the information and decide the best strategy for improvements. I will not only focus on the goals for the clinic, but long term budget goals as well.…

    • 1100 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Doctor's facility industry has experienced an emotional change throughout the years that is from beneficent associations up to a period where expanded clinic costs constrained the administration to reassess its part in human services, and individuals began paying for the administrations. Pate Memorial Healing Center is 600-bed doctor's facility which goes about as not revenue driven association ("Pate Memorial Hospital", 2017). It is an obligation free clinic with one of the most elevated inhabitancy rate in the region. The organization opens another facility in the five squares north from PHC. The association additionally confronts new rivalry as the market is productive.…

    • 947 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    making When the financial manager chooses one of the options among the available alternatives. When opting to update their facility Dr. X and Dr. Y spent several months researching information on new resources and services that their community could benefit. They viewed health reports, statistics, and evaluated what would be most useful and bring in the most revenue for their facility. After analyzing, they realized that their community needed more radiology equipment and persona. They decided to focus on establishing a radiology department during their expansion.…

    • 406 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Hsm 546 You Decide 1

    • 699 Words
    • 3 Pages

    I have been asked by Cooper-Pearson to research different medical insurance plans that they could consider as one of their selected insurance programs for their marketing company. My goal is to provide them with enough details in order for the company to make an informed decision as to which program they would like to consider. This information will allow them to provide their employees with an effective compensation package that is both affordable and desirable and I believe that once an attractive compensation plan is in place; we should expect the retention rate of the company to improve and the recruitment of quality employees to increase as well. First I will start by demonstrating the comparison and contrast between an HMO plan and a PPO plan. The HMO plan requires participants to have a primary care physician with the network and the participant does not have the option of visiting a physician outside of the network. They must be referred by the primary care physician to see a medical specialist and the specialist must be within the approved network, the plan normally costs less than the PPO plans, however the co-pay is significantly high.…

    • 699 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Sam’s to Sell Health Plans to Some Customers. (2005, December 30). Wall Street Journal, p. A.13. Retrieved February 13, 2006, from ABI/INFORM Global database.…

    • 7785 Words
    • 32 Pages
    Powerful Essays
  • Satisfactory Essays

    Administrators must continuously seek opportunities to increase the profitability of their practice or facility. Throughout this course, you will develop a plan to integrate a current and emerging trend in health care in your organization. Your Executive Summary to integrate a current or emerging solution into your organization will include the following:…

    • 327 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    I’m trying to add new services into my organization. These new additions aim to offer quality care and integrated services. I plan to offer medical legal review and medical bill management.…

    • 190 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Two forms of growth present themselves to the company. They can either expand into the hospital segment (which falls in line with core competencies); or they could buy up GSD consequently growing their SLF customer base.…

    • 386 Words
    • 2 Pages
    Good Essays
  • Better Essays

    The health care industry is the fastest growing field. As the years go by, more and more discoveries will be made. This paper will discuss the changes from the past 10 years, what I believe will be the biggest change in the next 10 years, my role in the industry, adapting my skills to grow with the change, my perception towards the changes, technologies role, and financial and economical issues.…

    • 1135 Words
    • 5 Pages
    Better Essays
  • Good Essays

    The Marketing Process

    • 766 Words
    • 4 Pages

    References: Berkowitz, E.N. (2006). Essentials of Health Care Marketing. Sudbury, Massachusetts: Jones and Bartlett Publishers.…

    • 766 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Better Unit

    • 695 Words
    • 3 Pages

    Ted Jones, the Surgery Unit Director should present his proposal for four things for his unit. Those four things, in my opinion, should be that Ted should ask for more space, the budget to allow new improved equipment and equipment renovations, hire part time employees, and better the accommodations for patients. It is imperative that these four things would allow the facility to grow substantially in many areas as well as provide safety to the patients. These four requests being made would also allow the facility to make more money.…

    • 695 Words
    • 3 Pages
    Good Essays
  • Better Essays

    390 Summary Report

    • 2455 Words
    • 7 Pages

    Wise Medical Center is regarded as one of the largest and best-managed hospitals in Eastern City. After appointing Dr. Dante in 2001 as the CEO the medical center has only elevated from financial despair to absolute success. Instilling Dr. Dante’s philosophy of “growth and investment” throughout the medical center, Dr. Francis and Matthews took over as chair and administrator for the Department of Surgery and recruited more than 30 faculty, increased total faculty practice by more than 150 percent and in 2010, the department earned more than $40 million in physician receipts for the first time in its history (Kaplan, 2013). However, both the department and the medical center are recently facing increasing financial pressures as the state and federal government look to reduce funding for Medicare, Medicaid, and other related programs. Simultaneously, the medical center is also grappling with space constraints due to the rapid expansion of all the departments (Kaplan,2013). Therefore, Dr. Dante and the department heads are trying to determine the most effective response to these increased financial pressures such as, creating a plan to address the future reductions in expenditures for each department within such a…

    • 2455 Words
    • 7 Pages
    Better Essays
  • Good Essays

    The population within the United States is growing every year. Not in the sense of the overall population but instead focused solely on the older demographic, specifically those 65 years and older. In 2009 the population represented 12.9% of the U.S. population which is one in every eight people. This number already seems very high; however it is expected to approximately 19% of the population by 2030. This is a very substantial growth in a respectively short period of time. (AOA) This means that many businesses are going to have to refocus the services in order to accommodate this newly expanded demographic. This holds true for Alegent Health Hospital in Omaha…

    • 899 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Company X Ethics Program

    • 1435 Words
    • 46 Pages

    It is the policy of the Company to comply with all applicable laws, to act fairly,…

    • 1435 Words
    • 46 Pages
    Good Essays
  • Satisfactory Essays

    stakeholder chart

    • 384 Words
    • 2 Pages

    The company will make sure all health and safety procedures are followed to the letter of the law that has been put in place by the government.…

    • 384 Words
    • 2 Pages
    Satisfactory Essays