The benefits of medical advances exceed the costs

Assignment Help Operation Management
Reference no: EM131228553

Medical technology is valuable if the benefits of medical advances exceed the costs. The new releases in technology in the health environment have caused many positive advantages as well as challenges that they still facing.

Some of the advantages that the USA Healthcare system recently implemented was the use of Electronic Health records. This new technology can improve work practice, improve care processes, and impact on efficiency and productivity. Additionally, EHR technology provide physicians and other health allied providers with ready access to a patient medical history. In addition, electronic communication has improved the quality of service provided to the patients, but as well had helped the administrators to keep track of employee’s information, certification and licensures with the use of alerts.

On the other hand, one of the challenges that healthcare system is facing is the threat to privacy of patient information. For example, during a visit to the ER room or hospitalization, there are many users that will have access to your information, this can lead to a misuse of such personal information. It is remarked that one of the biggest challenges nowadays, is the sale of consumer information to pharmaceutical companies (Health IT n.d).

Another challenge that is happening with all these adoptions includes the need to enhance training for the use of the new software and hardware technology.

Reference no: EM131228553

Questions Cloud

Does your organization have an affirmative action plan : Does your organization have an affirmative action plan? Describe it. What is your organization doing to promote workplace diversity? Critique your company’s plan as well as that of 2 classmates. If you do not work, use the plan of a public agency tha..
Statement be written in intro to formal logic : How would this statement be written in intro to formal logic? Translate the following statements into symbolic form using capital letter to represent affirmative english statements: A necessary condition for a sucesful buisness venture is good planni..
Pros and cons be for push strategy involving pharmaceuticals : Direct-to-consumer advertising for pharmaceuticals is a pull strategy designed to get consumers to ask their doctors to prescribe certain medications. What are the pros and cons of this practice? Are there always pros and cons to a pull strategy? Wha..
State the null hypothesis and the alternate hypothesis : Arbitron Media Research Inc. conducted a study of the iPod listening habits of men and women. One facet of the study involved the mean listening time. It was discovered that the mean listening time for men was 35 minutes per day. The standard deviati..
The benefits of medical advances exceed the costs : Medical technology is valuable if the benefits of medical advances exceed the costs. The new releases in technology in the health environment have caused many positive advantages as well as challenges that they still facing. Another challenge that is..
What elements of the consumer decision making model : What elements of the consumer decision making model might Build-A-Bear leverage to enhance the unique workshop experience? Why would this be important to consumers?
Illustrates the first step in the self-fulfilling prophecy : Which of the following illustrates the first step in the self-fulfilling prophecy?
Calculate the customer lifetime value if this shopper remain : Assume that a customer shops at a local grocery store spending an average of $350 a week, resulting in a retailer profit of $25 each week from this customer. Assuming the shopper visits the store all 52 weeks of the year, calculate the customer lifet..
Firm plans to begin production of a new small appliance : A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor at $7 each or to produce them in-house. Either of two processes could be used for in-house production;

Reviews

Write a Review

Operation Management Questions & Answers

  Discuss risk assessment in project planning

One of the sites selected for the oral health day of caring is a large metropolitan city that has been hit hard by economic recession. The city leads the nation in unemployment, homelessness, and crime. The need for oral health care far exceeds what ..

  Demonstrates why globalization is good or not good

Write an argumentative paper of no more than 750 words that demonstrates why globalization is good or not good for a business. The paper should define the term good, and should identify the premises and conclusions.

  Discuss risks and hidden costs associated with outsourcing

SysDev, Inc., a major systems integration and migration company located in Arlington, Virginia is planning to develop an outsourcing strategy, which will be turned into a formal company policy for outsourcing within the U.S. Briefly discuss the risks..

  Example the ordering policy for white percale sheets

Dunstreet’s Department Store would like to develop an inventory ordering policy of a 95 percent probability of not stocking out. To illustrate your recommended procedure, use as an example the ordering policy for white percale sheets.

  Presence important for attracting-retaining new customers

E-commerce. business. technology. society. KENNETH C. LAUDON AND CAROL G. TRAVER. What are some examples cited in the video as to how a customer might use the Internet on a typical morning? Why is a company’s Web presence important for attracting and..

  Illustrate what percentage of parts will not meet the weight

Illustrate what percentage of parts will not meet the weight specifications. Within Illustrate what values will 95.44 percent pf sample means of the process fall, if samples of n=16 are taken also the process is in control (random).

  Calculate forecasts for days 11

Using simple exponential smoothing with a smoothing constant of α = 0.2, and the demand and forecast data as given above, calculate forecasts for days 11 through 15. Put your answers in column 3 of the table below.

  What are the pros and cons of option

The CEO of Merit Corporation reviewed the company’s business records. Business had been brisk for the last two years, and the board of directors wants to dramatically expand the company's production capacity. What are the pros and cons of Option 1? W..

  Which activities would be cost effective to accelerate

As a project manager you have a project that may be accelerated by added revenue. However, each activity has its own individual acceleration cost. Based on what we have learned thus far in the course, what decision rules do you think can be developed..

  Magnificent attractions

A study by the National Park Service revealed that 51% of the vacationers going to the Rocky Mountain region visit Yellowstone Park, 39% visit the Grand Tetons and 34% visit both. What is the probability that a vacationer will visit at least one of t..

  What is the required return for second stock

You are considering two stocks. Both pay a dividend of $3, but the beta coefficient of A is 1.3 while the beta coefficient of B is 0.6. Your required return is k= 8% + (15% - 8%)\beta. What is the required return for first stock? What is the required..

  Necessary to reevaluate the priorities

Why is it important to establish priorities among different problems and under what conditions might it be necessary to reevaluate the priorities?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd