Preview

Weaknesses Of Jackson Memorial Hospital

Satisfactory Essays
Open Document
Open Document
91 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Weaknesses Of Jackson Memorial Hospital
Jackson Memorial Hospital has several weaknesses which are similar to its competitors and other health care organizations. There are many resources available that Jackson Memorial can access to avoid further issues with poor strategic and internal control planning. Both Strategic planning and internal control are paramount in all organizations. Internal control is only effective if well established and properly monitored. Organizations without an internal control in place are at high risk for fraud. We can conclude that together the internal control and strategic planning intertwine to improve an organization’s overall
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Case study 2 Devry University acct 504
    • 1086 Words
    • 6 Pages

    Case study 2 Devry University acct 504

    Background LJB Company , a small business local distributor who understands to go public in the future, the company should be in accordance with the law and may need to take more stringent internal control principles . At the request of the president , an independent internal evaluation of internal controls was conducted to evaluate the direction of strength and weakness.…

    • 1086 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Jackson Memorial Hospital Case Scenarios
    • 175 Words
    • 1 Page

    Jackson Memorial Hospital Case Scenarios

    I can relate to your story. In 2004 a similar situation happened to me. As an emergency care nurse at Jackson Memorial Hospital located in the downtown area of Miami Florida, you are exposed to every situation. During changed of shift, the nurse reported that a patient came with an open abdominal wound post an altercation. She also mentioned that he is a newly diagnosed HIV patient, and the primary doctor just informed him of his diagnosis. As we were making rounds, I realized that I knew the man, and his wife is my hairdresser. Like you, I manage to keep my professionalism and care for him. We were not friends, but I am sure he was worried that I would tell his wife, not knowing that would be an HIPA violation, and I could lose my license.…

    • 175 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Powerful Essays

    Internal Control: Integrated Framework
    • 2817 Words
    • 12 Pages

    Internal Control: Integrated Framework

    Internal Control - Integrated Framework Executive Summary Senior executives have long sought ways to better control the enterprises they run. Internal controls are put in place to keep the company on course toward profitability goals and achievement of its mission, and to minimize surprises along the way. They enable management to deal with rapidly changing economic and competitive environments, shifting customer demands and priorities, and restructuring for future growth. Internal controls promote efficiency, reduce risk of asset loss, and help ensure the reliability of financial statements and compliance with laws and regulations. Because internal control serves many important purposes, there are increasing calls for better internal control systems and report cards on them. Internal control is looked upon more and more as a solution to a variety of potential problems. Internal Control Internal control means different things to different people. This causes confusion among businesspeople, legislators, regulators and others. Resulting miscommunication and different expectations cause problems within an enterprise. Problems are compounded when the term, if not clearly defined, is written into law, regulation or rule. This report deals with the needs and expectations of management and others. It defines and describes internal control to: 1. Establish a common definition serving the needs of different parties. 2. Provide a standard against which business and other entities--large or small, in the public or private sector, for profit or not--can assess their control systems and determine how to improve them. Internal control is broadly defined as a process, effected by an entity's board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in the following categories: 1. Effectiveness and efficiency of operations. 2. Reliability of financial reporting. 3. Compliance with applicable laws and…

    • 2817 Words
    • 12 Pages
    Powerful Essays
    Read More
  • Best Essays

    Kudler
    • 2941 Words
    • 12 Pages

    Kudler

    Pearce, J.A., & Robinson, R.B. (2009). Strategic management: formulation, implementation, and control (11th ed.). Retrieved from the University of Phoenix eBook Collection database.…

    • 2941 Words
    • 12 Pages
    Best Essays
    Read More
  • Good Essays

    Huntsville Hospital Case Study
    • 1016 Words
    • 5 Pages

    Huntsville Hospital Case Study

    Huntsville Hospital (HH), located in Northeast Alabama, is part of the Huntsville Hospital Health System, originating in downtown Huntsville, Alabama in the late 1800’s. As the not-for-profit, public hospital system developed, HH became the second largest employer in Madison County, Alabama with an estimated 7000 employees, 2000 nurses and 1000 physicians.…

    • 1016 Words
    • 5 Pages
    Good Essays
    Read More
  • Better Essays

    Long Term Care Strategic Plan Part I: Organizational Structure
    • 1403 Words
    • 6 Pages

    Long Term Care Strategic Plan Part I: Organizational Structure

    Swayne, L. E., Duncan, W. J., & Ginter, P. M. (2008). Strategic management of health care organizations (6th ed.). Hoboken, NJ: Wiley.…

    • 1403 Words
    • 6 Pages
    Better Essays
    Read More
  • Better Essays

    HCA421 week 2 Assignment Competition in Health Care
    • 1099 Words
    • 4 Pages

    HCA421 week 2 Assignment Competition in Health Care

    For this assignment the class was instructed to describe the different forms of competition that take place among various types of health care organizations, evaluate the benefits and pitfalls of competition in health care and suggest alternatives if competition was not the primary driver of operations in the U.S. health care system, explain the elements of successful competition and the use of competitive intelligence, describe the influence competition has on the services offered by health care organizations and the choices patients have.…

    • 1099 Words
    • 4 Pages
    Better Essays
    Read More
  • Better Essays

    HCS/466 Facility Planning I
    • 856 Words
    • 4 Pages

    HCS/466 Facility Planning I

    Strategic Planning is an essential first step in the development of a result-base accountability system,” (Schilder, 2013, p. 1). In strategic planning an organization must know their goals, missions, and how to reach them. Health care facilities are in huge demand for the elderly and for people who lives in low-income communities. A person who receives good quality health care services can prevent the spread of contagious diseases. This paper will describe the need of the community, population it is serving, and a brief description of the facility.…

    • 856 Words
    • 4 Pages
    Better Essays
    Read More
  • Good Essays

    A Case Study on Hammond Hospital
    • 2321 Words
    • 10 Pages

    A Case Study on Hammond Hospital

    Hammond General Hospital is a 334 bed general hospital located in a Mid-western town of 45000 and serves a countrywide population of approximately 140,000. Recently the board of directors at Hammond awarder the management contract of the Food Service Department to an outside company, Master Host Company. Master Host appointed Dave Smith as director of food service. It must be noted that this is the first time in the hospitals history that someone outside the hospital has been appointed as director of a department.…

    • 2321 Words
    • 10 Pages
    Good Essays
    Read More
  • Powerful Essays

    Comparative Summary
    • 1459 Words
    • 6 Pages

    Comparative Summary

    * Health care financial environments most common are for- profit, not-for-profit, and government funding. This paper identified one entity from each of these health care financial environments, described the financial structure of each financial environment, identified policies unique to each financial environment, identified financial management practices prevalent in the financial environment, and explained why effective financial management is more difficult in health care than in other industries. The first one is Health Management Associates, Inc. founded in 1977 to own, lease and manage hospitals throughout the United States (Health Management Associates, 2011). Today HMA operates fifty nine hospitals in fifteen states with approximately eighty eight hundred licensed beds. The Company employs approximately thirty two thousands associates and hosts a total medical staff of approximately eight thousands physicians (Health Management Associates, 2011). HMA is a for profit organization with the three key features of investor-owned corporations. First, the owners (the stockholders) of the business are well defined and they exercise control of the firm by voting for directors. Second, the residual earnings of the business belong to the owners, so management is responsible only to the stockholders for the profitability of the firm. Finally, investor-owned corporations are subject to taxation at the local, state, and federal levels (Gapenski, 2008). HMA vision states they will lead the hospital industry in quality, clinical metrics, patient outcomes, and customer service. HMA will achieve top tier in the hospital industry and customer satisfaction for their patients, their physicians, and their associates (Health Management Associates, 2011).…

    • 1459 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Hca 340 Final Paper
    • 351 Words
    • 2 Pages

    Hca 340 Final Paper

    health care administration field .In this paper I plan to explain why strategic planning, performance…

    • 351 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Better Essays

    Financial Reporting Practices And Ethics Paper Hcs 405
    • 1070 Words
    • 5 Pages

    Financial Reporting Practices And Ethics Paper Hcs 405

    Management needs to have a plan or purpose in motion and gather the necessary information which will make the health care organization successful. Controlling is when the healthcare organization is adhering to the plans that are developed by management. Organizing and directing a plan which the health care organization needs to follow and maintain certain steps, resources and stayed focused on the end result, which is success. The proper decision making choices are through education. The financial team is accountable for making sure the appropriate reports are up-to-date, and they are accountable for reporting the funds with principles set forth by the code of ethics and mission statements of the health care organization. Every organization must be willing to release the financial reports which are deemed to be correct. If a health care organization provides incorrect information, this can be immoral and cause financial difficulties to the…

    • 1070 Words
    • 5 Pages
    Better Essays
    Read More
  • Good Essays

    Financial and Ethical Reportinng
    • 759 Words
    • 4 Pages

    Financial and Ethical Reportinng

    It is very important to understand the four elements of financial management, which includes, “(a) Planning (b) Controlling (c) Organizing and directing, and (d) Decision making” (Health care Finance, p. 5. 2011) Planning is the financial manager’s responsibility to meet the organization’s goals and objectives. The purpose of controlling is to make sure the plans are carried out and this is achieved through feedback. Organizing is basically when the financial manager uses the resources available to accomplish the facility’s goals. Through directing, the manager will work daily with the staff and able to achieve the ultimate goal. Decision-making is when the financial manager is capable of making informed decisions through evaluating and analyzing with the resources available. If the financial manager of a health care facility comprehends and applies these elements along with an ethical judgment, the organization will be successful.…

    • 759 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    Assignment 1
    • 1535 Words
    • 7 Pages

    Assignment 1

    References: Swayne, L.E., Duncan, J., & Ginter, P.M. (2009), Strategic management of healthcare organizations (6th ed.). San Francisco: Jossey-Bass.…

    • 1535 Words
    • 7 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    Discussion 1
    • 342 Words
    • 1 Page

    Discussion 1

    Organizational management is a varitety of tools and assets that must be managed well in order to be successful. Patients are our number one stakeholder in health care and health care is a business that requires a strategic mindset to steer a health care facility not only in profitability but also in innovation to keep up with new medicines and technology. Having a strategic mindset not only look at the present but also looks at the past for mistakes that as a health care manager can learn from to ensure those mistakes will not happen again, but also looks abroad to the competition and future projects which can bolster opportunities to capture more patients for the facility. The key elements of organizational strategy, according to Patrice Spath and Stanley Abraham is, “…

    • 342 Words
    • 1 Page
    Satisfactory Essays
    Read More

Related Topics