Healthcare Service Assignment Example | Topics and Well Written Essays - 2000 words

Healthcare Service - Assignment Example The vast services provided by the company consist of: brain injury, multiple sclerosis, stroke, tracheotomy, long-term ventilator support, genetic neurological condition, Parkinson's disease, motor neuron disease, and palliative care needs. The centres primarily function to provide top notch assistance in the recovery of patients. Capio emphasises on the provision of comfort and maximisation of individual capabilities. To further improve its services, the company promotes unlimited duration regarding the recovery period necessitated by the patients. As a private healthcare provider, Capio is operated through investments. It is, therefore, logical for the administration to seek for higher profits. Basically, survival in the industry requires sufficient profits to ensure that operations are maintained. Meanwhile, the nature of the company suggests that managers have to provide their share. In fact, the efforts of managers in determining the problems and providing efficient solutions will determine the success of Capio. Although the company appears to have robust operations, there are several aspects that have to be analysed in the efforts to improve profitability. Indeed, strategies are required and plans are needed to set the firms in the right direction. Regularly, the clinical managers and finance executives gather to discuss profit enhancement schemes. Part of the meeting tackles the major concerns of the company specifically the detriment to high income. The highlights of the meeting detailed several alarming circumstances. Part of these is the rising cost in operating the centres. In this circumstance, the role of the manager is to appraise the situation and create possible measures to prevent and mitigate adverse effects. The manager has to constantly communicate with the different entities involved with the firm. Most instances suggest that problems have to be viewed holistically. This approach, however, appears to be limited as some concerns are better comprehended specifically. Overall, the manager has to ensure that the functions of the centre remain within the context of its existence while evolving to a profit driven section of the company (Davidmann, 1998). The manager is provided with several approaches to resolve the current demise. In particular, traditional methods appear to be effective boosting the revenues of the centre. Also, modern strategies are useful in increasing the profit of the centre (Blanchard, 1994). It has to be noted that the manager has to follow processes and procedures. In addition, cooperation derived from other entities of the company is a major boost in the profit maximisation initiatives. Primarily, the centre is concerned with the exceeding cost incurred because of the operations. The two major contributors to the increase are the staff cost and the medical consumable. Accordingly, the use of agency staff has increased the burden of the centre. In addition, medical consumables have increased by 64% compared with the figures registered during the previous year. Basically, these are problems that will adversely affect the outcome of the net profit. Increased costs both in materials and in labour are valuable reductions to the revenues obtained for the year. Other important aspects that were revealed as a result of an investigation involved procurement and stock management. Based on the results of the investigation, the procurement process is independent from the