Financial Resource Management and Healthcare Reimbursement Research Paper

Financial Resource Management and Healthcare Reimbursement - Research Paper Example There is an increase in the number of Medicaid patients and children enrolled in the children’s health insurance program of the state. This has affected our payer mixing which has consequently led to a decline in our reimbursement and the quarterly disbursement that we give to the physicians. The pediatric endocrinologist has approached me with a proposal to have his remuneration increased. He is asking for an additional stipend to his regularly covered services. Many partners have also suggested that we ought to increase the clinic services. They have come up with ideas on how to implement this plan. The increase in clinic services is a costly affair that will influence our finances. One of the partners is of the opinion that we contract a pediatric oncologist who will be seeing patients on a monthly clinic day. Another has suggested that since the contract for the Indian health contract was up for renewal soon, we can target that patient population and serve it through an ou treach arrangement where one or two pediatricians can travel to clinics reserved for the patients or the patients can come to our clinic. These ideas are quite brilliant since they are ventures that have the potential of earning additional revenue to the institution (McKeever, 2012). Many factors influence the price charged across the pediatric services worldwide. One is the remuneration that is paid to pediatric practitioners that in turn depends on the level of qualification and the number of cases that the medic attends. The other factor is the cost of conforming to the laws of the state regarding pediatric services for example the cost of obtaining a license to do the business. The type of illness also determines the charges since some diseases require more resources to treat than others can. There is also the cost of medical equipment like syringes, stethoscopes, and microscopes among others. Revenue collection is a vital process for any business since it is the only way

A startup business EZ-learn Essay Example | Topics and Well Written Essays - 3250 words

A startup business EZ-learn - Essay Example This essay discusses that the country’s pre-school educational policies are reflective of the fact that the country has the potential need of products that could integrate efforts to enhance pre-school education and ease learning for kids. Furthermore, a vast majority of UK parents are working; they need easy tools and quick products for learning of little kids. EZ-learn products facilitate learning through activity and play. EZ-learn has adopted a flat structural design for its operations; which is based on five teams; management, product conception and development, marketing, human resource and finance & accounting. The company has identified its strengths, weaknesses along with the opportunities and threats existing in the industry. The target market comprises of teachers and parents. The competitive environment is severe as there are so many educational toy firms and learning centers. However, EZ-learn positions itself over two important dimensions; first it identify its p roducts as learning tools and secondly it categorize them as best gift items for kids. The marketing objective of EZ-learn aligns with the marketing mix of Snap-learn. It entails the key 4P strategies. The product strategy addresses the potential need by focusing 3 main areas of quality, functionality and intangible values which are responsible for strong brand development. Pricing strategy focus value pricing and set depth of sales incentives offered. Distribution strategy uses in/direct placement of Snap-learn. For direct distribution EZ-learn uses e-business strategies (online order placement) and for indirect distribution the company has collaborated with SMYTHS retailers. Communication and selling direct marketing efforts for designing promotional campaign; which uses social media networks to transform buzz marketing and below the line activities to stimulate purchase response from the target market. It offers sales incentives for a limited period. As the report proceeds, it en tails EZ-learn’s financial statements. They identify the numeric worth of EZ-learn. The operations, logistics, human resource and e-business strategies are also elaborated with detail. Finally the report ends with recommendations to the management and illustration of references and pictures of the products. Contents EXECUTIVE SUMMARY 1 Contents 3 INTRODUCTION TO EZ-LEARN 5 PRODUCT 5 STRATEGIC POSITIONING & EZ-LEARN STRUCTURE 6 Point of Parity, POP: 6 Point of Differentiation, POD: 6 COMPANY STRUCTURE 7 SWOT & PESTEL ANALYSIS 9 POTENCY 9 ACHILLES' HEEL 9 OPPORTUNITY 9 THREATS 9 MARKET & COMPETITIVE ANALYSIS 10 FINANCIALS (CASH FLOW FORECAST 12 CASH FLOW STATEMENT 12 Income Statement 13 VALUATION TECHNIQUES 14 Net Present Value 14 Average Return on Investment 15 INTERNAL RATE OF RETURN 15 FINANCIAL RATIOS 15 MARKETING AND SALES 16 Promotions: 18 OPERATIONS / LOGISTICS/HUMAN RESOURCES/EBUSINESS STRATEGIES 19 OTHER IMPORTANT INFORMATION 20 RECOMMENDATIONS TO MANAGEMENT 20 Bibliog raphy 22 Kaplan, R, & Atkinson, A 1998, ‘Advanced management accounting’, Prentice Hall, vol. 3, pp. 798. 22 Kieso, D, & Weygandt, J 2004, Intermediate Accounting. John Wiley & Sons, New York 22 Mason, C 2001, ‘What Do Investors Look For In A Business Plan?’, International Small Business Journal. Available from: [Accessed 20 March 2012] 22 APPENDIX 23 SALES GRAPH 23 NET INCOME OF THE COMPANY 24 INTRODUCTION TO EZ-LEARN EZ-learn is a company that is aimed to provide easy learning opportunities to mums’, mentors or even caretakers of a toddler or a preschooler. We aim to â€Å"simplify learning method† for little kids by developing new techniques and by coordinating elderly way of learning. Our vision and mission for EZ-learn is: EZ-learn is