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In the first reading by Chris Kiefer, Doing Health Anthropology, Kiefer talks about anthropology

Alejandra Villegas

ANTH 2311

In the first reading by Chris Kiefer, Doing Health Anthropology, Kiefer talks about anthropology where he postulates that culture distinguishes between anthropological thoughts and anthropological research. He states that cultural anthropology is unique to a kind of people in different societies. The concept of culture is derived along such features as; culture being a holistic concept which means the way of life of a people follows certain realistic patterns of belief and behavior. Furthermore, culture is a comparative concept that focuses on the shared and patterned similarities and differences amongst human groupies. He also asserts that culture is learned and no one is born with a specific culture. Apart from that, culture is shared manifested across a group of people and is a feature present in human life with value to the specific group. He further says that the holistic concept makes a culture unique across various groups of people in different societies. Through anthropology, one can understand health and illness by study the way of life of a people. Among the main aims of anthropologists is to understand human behaviors and beliefs to determine the connection between a people’s history, religion, health, politics, economics, art, technology, etc. Kiefer believes that tampering with people’s culture by changing the way they think and how they behave is a step in health and diseases prevention. In his writing, he suggests that social perspective should be used in anthropology research, but then the perspective has experienced limitations as much as it is quite practical. The strategy is complex and expensive which may attract politics. The strategy also has a couple of assumptions which renders it limited in study behavior change and measuring the decree of the change.

In the second reading by Kenneth J. Rothman, Sander Greenland, Charles Poole, and Timothy L. Lash, Modern Epidemiology Essentials of Epidemiology, they write about causation and causal hypotheses. The authors argue that the disease occurs due to a case which they define as an event, condition, or characteristic that gives rise to the occurrence of a disease at a specific time. They articulate certain conditions to diseases and infer that if certain cases occur differently, it influences the chances of disease breaking out. The disease may occur or may not occur at all depending on certain conditions. According to the authors, one event may not be responsible for causing certain illness, but rather multiple events lead to the illness. For instance, one may break ribs while riding a bike, but that does not mean that anyone who rides a bike will break his/her ribs. There should be other events such as bad weather or inexperience in riding bikes etc. the sufficient-cause model provides for the other unknown causes of disease. Some causes are sometimes bound to combine thereby causing diseases. The authors examine the various scientific inferences which hold a certain degree of truths. Some diseases are genetic or caused by environmental factors. Some diseases can be predicted as well. However, there is no sufficient specific criterion for determining whether an observation is causal. The observations are still a subject to explanations that may register certain patterns that can be predicted. Prediction of certain patterns is responsible for the causal inferences provided. The model may not work for all hypotheses which are bound to leave other causes of diseases unsolved.

In the third reading by Lawrence Gostin, Global Health Law, Gostin writes about the International Health Regulations (IHR). The major concern of IHR is to provide health security through the management of global responses to the emerging international health threats such as Ebola. The health threats need to be prevented from spreading across the various trading routes to different countries. Gostin suggests checkups and surveillance at the international ports before letting ships or aircraft into a country. Quarantines are also put up at the sites to help contain the epidemic and prevent it from further spreading to the various countries. In the past, immigration has been recorded to cause disease as well as causing economic consequences in the host countries. He insists that the government should enforce actions to bar the infected groups from entering a state. Tests, medication and quarantines should be mandatory at ports or borders to different states. Upon detection of the diseases too, the host state should notify WHO for immediate action in treating and containing the endemic and preventing further spread. Gostin calls IHR a ‘all-hazards’ approach to solving global health threats because it applies to not only people but also goods, food, water, animals, and the environment. The major pillar of IHR is the preparedness of the states. Some states, however, lack the necessary systems and equipment for testing, treatment, and quarantine which Gostin proposes as a limitation on IHR’s side. The IHR is considered as more powerful and instrumental as compared to WHO even thou WHO has established partnership across the globe including the key NGOs. For equitable global health care provision, WHO should consider negotiating fairer agreements on behalf of states.

In the fourth reading by Moyses Szklo and F. Javier Nieto, Epidemiology: Beyond the Basics, the authors have written on epidemiologic study design. The authors provide the well-explained concept of cohort analysis and application of ecological studies. The book also examines the measures of the occurrences of diseases and association with the cohorts. Furthermore, the book focuses on study designs that are relevant to the study of distribution and determinants of health-related events in specific populations and its application. The designs are supposed to allow assessment of hypotheses of associations of suspected risk factor exposures with health outcomes on a group of cohorts or individual cohorts. In a cohort study, cohorts are picked and studied for a certain period to determine any events related to their ill health. The authors also touch on other studies including the case-control study which involves comparing cases and the controls concerning exposure to suspected risk factor to determine the relative risk. The other study is case-based case-control study whereby a group already in contact with the disease is used as the cases. Controls are then picked from the community and a comparison with regards to exposure to the suspected risk factor. The cases and controls are however expected to have a common origin in the society and should possess the same characteristics. The purpose of these studies is to determine the causes of epidemics among the populations and the level of associations. The study is not perfect as much as it is practical and has limitations such as being open to bias and in the case of case-control study, if the cases and controls are from different origins with different characteristics, it will affect the results.

All the above readings are concerned with the causes of diseases except the third reading by Gostin which focuses on testing, treating, quarantining endemics and keeping them from spreading from one state to another through the states trade routes. The first and second reading is about the causes of diseases directly. Kiefer in the first reading asserts that diseases are connected to the behaviors and beliefs of people. By studying the patterns of people, over time one can determine the causes of common diseases. In the second reading by Kenneth J. Rothman, Sander Greenland, Charles Poole, and Timothy L. Lash, the causes of disease are confined to certain conditions or events, for instance, smoking cigarettes is normally associated with lung cancer. The fourth reading Moyses Szklo and F. Javier Nieto also focus on origins of epidemics in which the authors feature some studies that are used to infer the causes and the extent of the effect of diseases amongst the chosen individuals for the study. This reading is experimental tough; it is considered practical just like the second reading. They both have limitations thus making the less accurate in determining the causes of diseases since they are dependent on certain variables thus may not be effective for all the diseases. Going through the fourth reading on epidemiology had me thinking about the several studies under it and left me wondering its effectiveness. Are the case studies viable? Have they been tested or are they merely theories yet to be tested? Gostin’s book also has limitations related to the course of action in case of an endemic. The IHR requires certain equipment and systems to work well in containing a situation which is barely available in all states. Is WHO more capacitated than IHR?

In the context of gap analysis, under what circumstances

In the context of gap analysis, under what circumstances would the use of the Determinant approach be favoured over the AR or OS approach?

The role of a gap analysis is to make a comparison of performances, ideally looking at what is there currently versus where the firm desires to be at a given period. To achieve this, businesses use either the determinant, the AR, or the OS methods. The determinant approach is favored over the AR and OS approaches in a number of scenarios. First, the determinant method uses the managerial expertise and experience to arrive at a judgment. The AR and OS approaches involve customer attributes and perceptions respectively. Based on this, the use of customer attributes or perceptions require time and resources, therefore making the decision making process a little bit slower. The determinant approach comes in handy to cove this gap. By using managerial insight, the decision making steps are significantly reduced in a way that saves the company some time and money. In a case where an urgent decision is required, or when there are no resources for customer insights, the determinant approach would be preferred.

In the context of gap analysis, under what circumstances would the use of the Determinant approach be favoured over the AR or OS approach?

Gap analysis enables firms to compare current performance with their expectations. The determinant gap analysis approach is based on the expertise of the management and their judgment of a situation or process. The AR approach is founded on customer attribute ratings while the OF strategy is based on consumer perceptions of overall similarities. The determinant approach is used when there is a need for a speedy analysis and one that adheres to a cost efficient approach, in line with other organizational objectives and analysis. Therefore, the determinant approach is important and usable only when internal input and managerial expertise are required in the decision making process. It is best chosen for its speedy nature and the ability to reduce costs. Additionally, it involves market expertise that managers have gathered throughout their years in management. Other approaches require a lot of time and input from customers, a process that would take up a lot of time and resources.

Explain the following terms using your own words and illustrate with an example for each that is based around one or more of the firms listed in the project choice:

•    Product line extensions

Product line extensions are new services or products that differ slightly from what a company or business offers. For example, when a beer company produces a new beer to cater for a new market.

•    Product improvements

Product improvement denotes a process of ensuring more meaningful changes to a product with the intention of gaining new consumers or increasing benefits to the existing line of customers. For example, a phone company can add a new feature such as a bigger loudspeaker to improve an aspect of their product

•    Cost reductions

Cost reduction looks at the processes that identify and implement means that permanently reduce the unit cost of services rendered or manufactured goods to increase profits. For example, a company can decide to outsource labor in order to reduce costs and gain more profits.

•    New categories

New categories are new products or new markets that are relevant to a business in terms of goals and objectives. For example, if a company creates a new product to attract a new market segment such as women athletes for a shoe company.

Innovation may be the single most important key to a firm’s survival. Why is this so?

One of the most important roles of innovation is that it helps industries and organization to remain relevant in a market that is changing a lot and becoming more competitive by the day. Innovation is important because of how it creates an ability for a firm to resolve critical issues, create new products and markets, and appeal to newer consumers every day. By introducing something new, innovation introduces new processes, technologies, managerial strategies, policies, products, and other important elements of an organization. The changes that innovation brings are key to a firm’s survival because they enable better capacity to compete or respond to issues pertinent to an industry or organization. For example, in the present global business environment, firms have had to innovate in order to respond to the COVID-19 pandemic and the issues therein. Innovation enhances the ability of a firm to react to market changes and to adapt to the changing environment.

Consider the New Product Development process represented here: opportunity identification & selection -> concept generation -> concept/project evaluation -> development -> launch. Which Phase is the most important? Justify your answer.

In the new product development process, the most important phase is the opportunity identification & selection. It is the most significant because it involves the generation of ideas, the creative task of seeing problems, and using innovative means to create a solution. Generating ideas must involve a specific way of thinking and of looking at issues in a given society. For example, in a society with 90% middle-class working people, some of the main problems include low disposable income. In such a community, innovative products must consider price of commodities and the ability of people to afford it. Therefore, the new or improved product or service must consider such issues in order to create an innovative product/service or process of marketing. If this process is not done right, then all other processes are likely to fail. Therefore, the identification of an opportunity and selection must be the most important aspect of product development.

Financial-Statement-Analysis_jacquelyn-phillips

Financial Statement Analysis

Jacquelyn Hawkins-Phillips

Dr. Laura Forbes 

Health Financial Management- HSA 525

July 28, 2013

Based on your review of the financial statements, suggest a key insight about the financial health of the company. Speculate on the likely reaction to the financial statements from various stakeholder groups (employee, investors, shareholders). Provide support for your rationale

The UHS strategy is to build or purchase healthcare properties in rapidly-growing markets and create a strong franchise based on exceptional service and effective cost control. UHS owes its success to a responsive management style and to a service philosophy that is based on integrity, competence and compassion. UHS receives the majority of its revenues from its hospital facilities, while its behavioral health services segment accounts for most of the remainder. Acute Care Hospitals (73% of revenues): UHS’s largest segment consists of 25 general hospitals, as well as surgical hospitals, ambulatory surgery centers and radiation oncology centers. Behavioral Health Services (25% of revenues): This segment consists of 102 centers, including residential facilities for teenagers, psychiatric hospitals, and substance abuse hospitals. Because average patient stays at these facilities are longer than in traditional hospitals (15.4 days in 2009 compared to 4.4 days in UHS’s hospitals) (Palank, 2013) and their occupancy rates higher (73% in 2009 compared to 58% in UHS’s hospitals), Behavioral Health has much higher profit margins than its sister segment. Other (1% of revenues): This is a catchall segment for expenses and revenues not associated with hospitals or BHS facilities.

The number of uninsured patients has been rising throughout the nation(Liederman,2013). Since hospitals are legally required to provide care to anyone who needs it, whether they are insured or not, UHS faces high expenses (specifically bad debt expense) from this trend (Liederman,2013). Because uninsured patients make up 18% of the firm’s revenues, higher than many competitors, UHS stands to lose more than its peers from this trend. At the same time, the percentage of uninsured patients has fallen in the past few years, which mitigates the potential negative impact of increasing bad debt expense on the firm.

Identify the current industry trend that has the most significant impact on your chosen organization’s financial performance. Indicate the trend’s impact on the financial performance of the organization. As the CFO, suggest at least one (1) way that you might minimize the impact of the trend on the organization.

The health information technology provisions of the American Recovery and Reinvestment Act (referred to as the “HITECH Act”) established criteria related to the “meaningful use” of electronic health records (“EHR”) for acute care hospitals and established requirements for the Medicare and Medicaid EHR payment incentive programs (Liederman,2013).    

During 2011, UHS began implementing EHR applications at certain of our acute care hospitals and continued to do so, on a hospital-by-hospital basis, until completion which occurred at the end of June, 2013. Our acute care hospitals are eligible for Medicare and Medicaid EHR incentive payments upon implementation of the EHR application, assuming they meet the “meaningful use” criteria.  As of June 30, 2013, fifteen of our acute care hospitals met the “meaningful use” criteria and we expect the remainder to do so by the end of 2013(Liederman,2013).

As reflected on the Supplemental Schedule, in connection with the implementation of EHR applications, our consolidated results of operations include the net unfavorable after-tax impact of $4.9 million ($7.9 million pre-tax) during the second quarter of 2013 and $5.0 million ($8.0 million pre-tax) during the second quarter of 2012.  In connection with the implementation of EHR applications, our consolidated results of operations include the net unfavorable after-tax impact of $5.3 million ($8.4 million pre-tax) during the first six months of 2013 and $5.0 million ($8.0 million pre-tax) during the comparable six-month period of 2012

As the CFO, suggest one (1) key strategy that you might use in order to improve the financial performance of the organization. Recommend an approach to implement the suggested strategy. Provide support for your recommendation.

UHS owns, operates or has under construction 25 hospitals (including a new facility being constructed) and 102 behavioral health centers located in 32 states (Palank, 2013). Many of the company’s facilities are located in suburban areas, but it also has a presence in urban markets, most significantly Las Vegas, Memphis, and Austin. UHS’s facilities provide healthcare services, including general and specialty surgery, internal medicine, obstetrics, emergency room care, diagnostic care, and behavioral health services.

The firm receives revenue from private insurers, including managed care plans, the federal government (under the Medicare program), state governments (under their respective Medicaid programs), and directly from patients. Over the past few years, the company’s growth has been fueled by both acquisitions and the establishment of new operations in mid-size markets with above-average population growth rates. As a result, its acute care facilities are highly concentrated in three key geographies: Las Vegas, McAllen-Edinburg, Texas and San Bernadino, California. Because UHS receives the majority of its revenues from its hospitals, the company has been significantly impacted by a shift in the hospital industry towards physician-owned healthcare facilities, which has increased competition for the company’s hospitals in urban markets (Palank, 2013). Another drag on UHS’s financial performance is bad debt expense resulting from rising numbers of uninsured patients nationwide (Palank, 2013). UHS’s behavioral health services segment, however, lets the firm benefit from a more favorable market environment and higher profit margins at psychiatric and substance abuse facilities (almost 20%, compared to about 7% in UHS’s hospitals.

REFERENCES

Lipkin M Jr, Putnam SM, Lazare A, editors. The Medical Interview: Clinical Care, Education, and Research. New York, NY: Springer-Verlag; 1995

http://www.wikinvest.com/stock/Universal_Health_Services_(UHS)/Sources_Revenue

Palank, Jacqueline. “Hospitals Face Financial Squeeze.” Wall Street Journal. April 30,2008.Liederman, Eric M., M.D., et al. “Web Messaging: A New Tool for Patient-Physician

Communication.” Journal of the American Medical Informatics Association, Vol. 10, No. 3,

May/June 2003. Pp. 260-270