Premium Essay

Advanced Information Management

In: Business and Management

Submitted By lindsay7211
Words 1929
Pages 8
Advanced Information Management
Western Governors University
February 21, 2016

Regulation placed upon the healthcare system only seek to improve safety and security of the patients we care for. The enactment of the Health Insurance Portability and Accountability Act (HIPPA) and the enactment of Meaningful Use Act the United States government has set strict regulations on the security of health information and has allotted for stricter penalties for non-compliance. The advancement of electronic health record (EHR) systems has brought greater fluidity and compliance with healthcare but has also brought greater security risk of protected information. In order to ensure compliance with government standards organizations must adapt technologies such as CPOE and EHR. The use of such technologies also require organizations to develop policies and safeguards to protect both themselves but the community they serve.
Team Members and Responsibilities To ensure success in the merger of the health care system, a team of highly trained and competent members will be needed. An implementation manager would be the leader of the team, responsible for keeping the project on schedule, keeping a list of practice issues that need to be resolved, scheduling go live dates, and also be responsible to delegate task to other members of the implementation team. A physician lead is another valuable member of the implementation team. Acting as a liaison between physicians and the implementation team, they serve as a point of reference for how things are done from a clinical standpoint, and how the physicians needs the system to function. ("Creating a Leadership Team for Successful EHR Implementation", 2013) The physician leader bridges the gap between physicians and the electronic health record implementation, they are responsible to communicate updates to physicians within the…...

Similar Documents

Premium Essay

Advanced Project Management

...the structures manager have been dedicated enough to continue to work on his own? Why or Why not? This was running through my head for a little while after I read the text. It’s difficult to say. However, the structures manager did try to convince the project manager that it was a big risk to take and the project manager went ahead and took the risk. Even though the structures manager knew that this could potentially happen, the project manager did not listen to his advice. If he would have continued to work on his own, he would have disobeyed, he could have prevented the plant from exploding, however, he is kind of bound and can’t do much more than informing the project manager. He could have possibly tried to inform upper management of what is going on, but then again, it should be a conflict that is resolved between him and the PM. Also, I think that the PM should have tried to plan for conflicts better, since schedule constraints are some of the most common ones. I understand that the firm had a fixed-price and there is not much buffer when it......

Words: 348 - Pages: 2

Premium Essay

Management Information

...essential elements of a DSS are a collection of data. (Stair,R.,Reynolds,G.,Chesney, T. 2008. Principles of Business Information Systems. Singapore: Tom Rennie. P17) SKF obtained data from a database that contained nearly a century of operating data from machines around the world. The rich available data source of @ptitude was developed and made available internally and globally. SKF @aptitude Exchange is an on line web which provides analysts, engineers, technicians, operators and mangers to make efficient and effective decision making for improved reliability results. 1.2 Discuss how SKF’s system or a similar could be used in your own business, organisation or workplace. The Decision Support System (DSS) is a computer based information system that supports non routine decision making. (Laudon, K.C., Laudon, J.P. 2010. Management Information Systems (11th Edition). New Jersey: Pearson Education. P78) The focus of a DSS is on making effective decisions, assisting in all aspects of problem specific decision making and support customers by rapidly responding to their emails and telephone enquiries. Bright Idea Projects would benefit tremendously from using the Decision Support System, namely; * It would assist management with financial risks, forecasting and decision support. * It would elevate the challenges of customer relationship management. * The DSS will help the managers in the organisation to “do the right thing”. * Customers would be......

Words: 404 - Pages: 2

Premium Essay

Advanced Financial Management

...FI-516 – WEEK 2 - HOMEWORK ASSIGNMENT PROBLEM BASED ON CHAPTER 15 – WACC AND THE HAMADA FORMULA Bickley Engineering Company has a capital structure of 30% Debt and 70% Equity. Its current Beta is 1.3, and its Market Risk Premium is 7.5% Points. The current Risk Free Rate is 3.5%. Bickley’s marginal tax rate is 40%. What is the Unlevered Beta of Bickley? Bickley’s management would like to change its capital structure to 15% Debt and 85% equity by retiring its bonds yielding 8%. The remaining long term debt will be at 7%. The marginal tax rate will remain the same. What will be Bickley’s new Beta with this new 15/85 capital structure? What is the WACC (Weighted Average Cost of Capital) of Bickely with its 30/70 capital structure?Bickley’s average borrowing rate with this capital structure is 7.5%. What will be Bickley’s WACC with its 15/85 capital structure? PROBLEM BASED ON CHAPTER 26 – MODIGLIANI & MILLER EXTENSION MODELS WITH GROWTH ASSUMPTIONS Yancey Industries’ Free Cash Flow for the past 12 months is $2.0 Million, and the future expected growth rate of this FCF is 6.5%. Yancey has no debt in its current capital structure. Its Cost of Equity is 11.5%. Its tax rate is 35%. (Hint use Equations 26-16 and 26-17 from the textbook.) Calculate the Unlevered Value of Yancey (Vu). Calculate VL and rsLfor the scenario whereby Yancey uses $8.0 Million Debt costing 8%. Using the Unlevered Value from above calculate VL and rsLby using the......

Words: 276 - Pages: 2

Premium Essay

Advanced Financial Management

...Analysing whether the resources commited to the project are effectively used w.r.t to the value of opportunity cost to the economy in their best alternative use. Financial Institutions use cost benefit analysis to evaluate the projects. This is also called as Social cost benefit analysis . The impact of project on distribution of income in the society level of savings and investments in the society, contribution of the project towards the fulfillment of certain social needs like employment are analysed. 4. Managerial competence- The resourceful ness of the promoters, their understanding of the project, commitment of the promoters are assessed. The adequacy of managerial set up to manage the project , the expertise and skills of the management team is evaluated. Financial Feasibility: The basic data required for a financial feasibility analysis can be grouped as under: (i) Cost of project : The cost of project can be broadly classified into following: (a) Land & site development: It includes the cost of the land, conveyance expenses, premium payable on leasehold land, cost of leveling the site and other site development expenses, cost of internal roads, cost of fencing and compound wall and cost of providing gates etc. (b) Building and civil works: It includes the construction cost of main factory building, building for auxiliary services, factory administration building, storehouse, workshops, gowdowns, warehouses, open yard facilities, canteen, worker rest......

Words: 7835 - Pages: 32

Premium Essay

Advanced Management Accounting

...What’s the break-even units for AB Ltd that sells a product mix of 2 As with 1 B given the following information? • Unit selling price: $200 for A and $130 for B. • Unit variable costs: $120 for A and $ 90 for B. • Total fixed costs: $2,000. This variance/difference from standard is unfavorable because the actual cost exceeds the standard cost. The Management should focus on quantities of usage and purchase price to identify problem areas. • If break-even units of product mix of 2 As and 1 B are Q, • Q = total fixed costs/cm per product mix = $2,000/[2*($200-$120)+($130-$90)] = 10 • 10 units of product mix means 20 As and 10 Bs, a total of 30 product units. Amount Standard/ benchmark Direct Labor Direct Material Manufacturing Overhead Type of Product Cost Sources: Master budget and responsibility accounting, Horngren et al., 2003, Cost Accounting: a managerial emphasis. •Normal standards represent efficient levels of performance attainable under expected operating conditions (rigorous but attainable; more commonly used than ideal standards) Cost Variance or Difference from Standard Budgets vs Standard Costs for Control Total Actual VP cost =(actual price per qty x[actual qty per unit) x total actual units] • Budgets are total predetermined costs for a period of time – Budget helps identify unfavorable results at the end of the budget period – Budget information is available only to internal users: managers • Standard costs are predetermined costs......

Words: 1150 - Pages: 5

Premium Essay

Advanced Management Accounting

...SCHOOL OF ACCOUNTANCY COLLEGE OF BUSINESS BKAM3033 ADVANCED MANAGEMENT ACCOUNTING SECOND SEMESTER 2014/2015 (A142) GROUP E GROUP PROJECT TITLE: HUMAN RESOURCE ACTIVITIES IN UNIUTAMA PROPERTY SDN BHD (UPSB) PREPARED FOR: DR HASNAN AHMED PREPARED BY: NAME | MATRIC NO. | MOHAMAD AMIRUL BIN AHMAD ROSLAN | 222191 | SUBITHA VELAYUTHAM | 225322 | LEONG CHAI HUA | 226152 | YEOH CHOOI CHYI | 226156 | POOGANESWARY KESAVAN | 226298 | SUBMISSION DATE: 5TH MAY 2015 Table of Contents 1.0 Introduction 1 2.0 Literature Review 2 2.1 Gaining Competitive Advantage Through Human Resources Management Practice 2 2.2 Human Resources Development: Performance Is The Key 4 2.3 An Intellectual Capital Perspective of Human Resource Strategies and Practices 5 2.4 Influence of Supervisory Feedback on Goal Orientation of Employees 8 2.5 Human Resources Now More Than Personnel 10 2.6 New Developments in Employee Training 12 2.7 Managing Human Capital in a Privately Owned Public Hotel Chain 14 2.8 Strategic Human Resources Management: Where Do We Go From Here? 16 2.9 Motivation of the Human Resources for a Sustainable Organizational Development 18 2.10 The Effect of Human Resource Management Practice on Corporate Perfomance: A study of Graphic Communications Group Limited 19 3.0 Objective of the Study 20 4.0 Methodology 21 5.0 Findings 22 5.1 Recruitment 22 5.2 Job Training 24 5.3 Privileges and Rewards 26 5.4......

Words: 9295 - Pages: 38

Premium Essay

Information Management

...MANAGING INFORMATION QUESTION: For an organisation, or part of an organisation with which you are familiar: Analyse the information requirements of the organisation or part organisation, and prepare a proposal for improvement of the supply and use of information within the organisation of part organisation, identifying any new information systems required. You should include a business justification for your proposals and an implementation approach. CONTENTS MANAGING INFORMATION 1 QUESTION: 2 CONTENTS 3 GLOSSARY 4 INTRODUCTION 6 PART 1 8 TELCO A Seychelles’s Current Business Strategy 9 Overview of Current Information Systems 13 Value of information to support strategy 22 PART 2 26 SYSTEM RECOMMENDATION 27 PART 3 30 IMPLEMENTATION 31 PART 4 35 BUSINESS JUSTIFICATION 36 CONCLUSION 40 APPENDICES 42 References: 58 Bibliography: 59 GLOSSARY AOP Annual Operating Plan BU Telco A Business Unit TELCO A Telco A Seychelles GSM Global System for Mobile Technology INTRODUCTION Telco A Seychelles Ltd. was formed in 1989 when the Seychelles Government sold 70% of its shares in the Seychelles Telephone Company (GTC), to the international carrier, Telco A West Indies. The Telecommunications Act, established the same year, gave Telco A exclusive rights to provide telecommunications services in Seychelles. Telco A PLC (based in the UK) is the parent company of TELCO A West Indies whose principal operations are in the United Kingdom,......

Words: 6158 - Pages: 25

Premium Essay

Information Management

...PART A SWOT Analysis As Director of Information Management, I have been task to implement a new clinical information system for the pharmacy at this hospital. The hospital wants a pharmacy that will enable the physicians to have the capability of doing an automatic order through Computerized Physicians Order Entry (CPOE) in hope of reducing order delays, improving the legibility of orders, streamline operations, and ultimately improve patient safety by reducing medical errors. STRENGTH • Strong leadership and executive support • Focus on improved clinical practiced • Physician support • Leading technological hospital in the metropolitan area • Current hospital focus on patient safety • Wide-ranging: various professional groups will be impacted • Highly knowledgeable information system staff • Currently a pleasant and comfortable work environment for staff WEAKNESSES • Rising cost of resources • Limited budget constraints due to previous commitments • Lack of time for user training • New technology and staff attitude towards changes • Physician and clinical staff level of comfort with technology • Some hospitals already have CPOE OPPORTUNITIES • Desire to significantly reduce medication errors • Interest in standardizing medication ordering processes • Concerns of adequate training and assistance available for all involved clinical staff • Need for improved workflow processes in pharmacy services • Must have a positive impact on hospital......

Words: 2661 - Pages: 11

Premium Essay

Information Management

...Information management (IM) and technology is playing a very important role in healthcare today. There are both positives and negatives when it comes to the advancement in technology and IM. Nursing is one of the last areas in the business world to take advantage of the advances in both IM and technology (Roussel, 2013). The need to search through patient records, having access to nursing measures at the bedside, quick educational sessions, and the ability to mine data for quality measures relating to reimbursements are all areas in which IM and technology plays an important role for nursing. The positive effects of IM and technology are numerous. Today’s nurses need quick access to information to assist them with caring for their patients. The use of informational technology systems by nurses minimizes the time spent in documenting, reduces redundancies, improves the communication, allows easy access to information, and provides information to the multidisciplinary team (Pacheco de Souza, Santiago, & Izu, 2015). Computers at the bedside provide nurses with an excellent tool to be able to use important information such as past medical history, drug allergies, lab values, and vital sign results. Not only does having fast access to this information save time, it also saves footsteps for the busy nursing staff. Nursing also utilizes IM and technology to adjust to new policies and procedures. At Jefferson Hospital, nurses are able to be competent with policy......

Words: 707 - Pages: 3

Premium Essay

C156 Advanced Information Management

...C156 Advanced Information Management– Task 1 A2. Analysis of Technology Two organizations migrating to a common health information system would need a system that meets current regulatory requirements, meets the needs of the combined organization and their practice environment. The implementation of a common health information system would require an interdisciplinary group of forward thinking innovators, and an interoperable electronic medical record system that includes standard nursing terminology. The technology needed in this scenario that would make this combination successful consist of network security measures to ensure security of protected health information under the federal requirements of HIPPA and HITECH. The use of emerging technology such as cellphones, tablets and remote technology should also be included in the discussions of creating a telehealth system that would accommodate both of the combining organizations. Telehealth not only includes communication between patients and healthcare providers, but also communication between healthcare providers in both of the combining organizations. Video conferencing can save healthcare providers time and money by allowing them to collaborate with one another without being physically near one another. A3. Identification of Team The interdisciplinary team on the project committee will consist of four team members. Team member A would be the project team lead in which I would nominate......

Words: 3168 - Pages: 13

Premium Essay

Advanced Financial Management

...  Xiamen University Advanced Financial Management Syllabus Instructor:  Professor Yunlue Fu Semester:  autumn 2010 -2011(September 12,2010 – January 30,2011) Instructor Information Office:  Jiageng2-512 Phone: 2186201 E-mail: ylfu@xmu.edu.cn   Course Description This is an advanced course in the financial management of the firm. Since the participants are assumed to be knowledgeable about the topics found in the first financial management course, the emphasis is placed on fully understanding the principles underlying a sound financial decision in the modern corporation. The course goal is to apply relevant knowledge, skills and exercise professional judgment as expected of a senior financial executive or advisor, in taking or recommending decisions relating to the financial management of an organization. The approach will be a combination of lecture and discussion, always with a focus on good managerial financial decision-making.  Prerequisites: Financial management or equivalent.   Topics Covered: 1. The role and responsibility of the senior financial executive 2. Evaluate potential investment decisions and strategic consequences 3. Acquisitions and mergers 4.Corporate re-organization strategies. 5.Advanced treasury and risk management techniques. 6.Financial management of multinationals. 7. Emerging issues in finance and financial management   Lecture Format: Lecture/Discussion.   Technical...

Words: 670 - Pages: 3

Premium Essay

Advanced Information Management

...life as well. Biological/Spiritual body goals I have always believed that the act of kindness can go a long way. There is always someone near you, whether you know them or not, that is at a point in their life where they are struggling or less fortunate than you are. Acts of kindness can be as simple as introducing yourself to a stranger and building a relationship with them, donating toys on Christmas for the parents who are not able to afford any for their kids, or raising awareness for a certain illness that someone you know has overcome. Healing Environments Best Practices An optimal healing environment is one that goes beyond providing the maximum level of healing. This type of curative environment not only focuses on the management of illness and disease in patients, but also targets a healthy work environment for its employees. In order for a health care facility to be recognized as an optimal health environment it must focus on providing care on four elements of services. These elements include, internal environment, interpersonal environment, behavioral environment, and external environment. An optimal internal environment consists of developing intentional healing and experiencing personal wholeness. When healthcare providers implement immediate confidence of being well again in a holistic manner, they become more optimistic about what goals need to be set and achieved for the healing process to occur. A healthy interpersonal environment can be maintained by...

Words: 3916 - Pages: 16

Free Essay

Advanced Information Management and the Application of Technology

...always changing with new technology such as medical devices that assist with diagnosing and treating patients with the latest and greatest tools. One such device(s) are flexible endoscopes. There are several types of flexible endoscopes for every body orifice. Any flexible endoscope that has a lumen which is utilized for suctioning as well as a working channel for instrument or medication deployment becomes a potential for cross contamination in the health care facility. Flexible endoscopes when properly reprocessed according to the original manufactures instructions as well as the professional standards typically do not pose a huge health risk. However, in recent months, there has been numerous news articles releasing devastating information related to patients being exposed to illnesses including death due to improper care and handling of these flexible endoscopes. The purpose of this paper is to review the current practices and implement change through research, education and follow up as needed. It is also the purpose of this paper to implement best practices of how to document changes and ultimately, how to improve upon current nursing practice to better serve the patients, hospital and community. 1. Describe the current practice. Currently there is no consistent practice of cleaning the flexible endoscopes throughout the facility. There are currently no consistent checks and balances in place either. Flexible endoscopy procedures are performed in......

Words: 2366 - Pages: 10

Free Essay

Information Management

...------------------------------------------------- Information Lifecycle Management From Wikipedia, the free encyclopedia | This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (January 2008) | Information Lifecycle Management (sometimes abbreviated ILM) refers to a wide-ranging set of strategies for administering storage systems on computing devices. ILM is the practice of applying certain policies to effective information management. This practice has been used by Records and Information Management (RIM) Professionals for over three decades and had its basis in the management of information in paper or other physical forms (microfilm, negatives, photographs, audio or video recordings and other assets). ILM includes every phase of a "record" from its beginning to its end. And while it is generally applied to information that rises to the classic definition of a record (Records management), it applies to any and all informational assets. During its existence, information can become a record by being identified as documenting a business transaction or as satisfying a business need. In this sense ILM has been part of the overall approach of ECM Enterprise content management. However, in a more general perspective the term "business" must be taken in a broad sense, and not forcibly tied to direct commercial or enterprise contexts. While most......

Words: 1273 - Pages: 6

Free Essay

Advanced Project Management

...however, he is kind of bound and can’t do much more than informing the project manager. He could have possibly tried to inform upper management of what is going on, but then again, it should be a conflict that is resolved between him and the PM. Also, I think that the PM should have tried to plan for conflicts better, since schedule constraints are some of the most common ones. I understand that the firm had a fixed-price and there is not much buffer when it comes to the financial side. 3. Can a functional manager, who considers his organization as strictly support, still be dedicated to total project success? I think they could still be dedicated to project success because even though they only consider their organization as strictly support, they will be somewhat affected by the project success. Functional managers know that they must support the organization’s goals, therefore it is imperative for them to always have the best interest for a project in mind. The Bathtub Period (Chapter 15 – Page 708-709) 1. Should Jerry go to the General Manager? Why or Why not? I think Jerry should have informed the General Manager. Frank served as the intermediary between Jerry and and the General Manager, however, it doesn’t seem that both sides agree, therefore I believe that Frank did not do his job correctly. In addition to this, the management reserve should not be used in order to cover up bad estimations or budget overruns. It should be used to add valuable......

Words: 1169 - Pages: 5