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A diverse array of payer guidelines has created new challenges to streamlining processes. U.S. Health Insurance Impacts on Commercial Providers There currently is no standard health insurance provided in the United States, nor mandates that require individuals to purchase health insurance (individually or through an employer). Although low-income earners are automatically qualified for Medicaid through… read more →
Translating a comprehensive set of objectives into performance indicators is difficult. The Balanced Scorecard Overview Originally designed by Norton and Kaplan and now utilized in one form or another by most Fortune 500 companies, the Balanced Scorecard is a powerful tool in defining what management means by “performance” and measures whether management, business units, or… read more →
Technology can be a double-edged sword, if not employed strategically. Increasing Technology Integration with Business Technological advances in computer intelligence and memory has allowed for improvements in streamlining and automating tasks while increasing the output volumes and accuracy levels in all types of business environments. Technology has come to play a vital role in the… read more →
This article discusses the proven turnaround strategies that leading Private Equity firms use to turn around businesses. PE funds are sticking with their winning formula for generating big returns from dramatic improvements in operations. The results speak for themselves: The top 25% of North American funds raised from 1987 and 2006 have earned internal rates… read more →
Anticipating and understanding resistance to ideas can make the difference between a truly outstanding project and mediocrity. Why must organizations change? Today’s dynamic business reality forces organizations to continuously search for ways to improve and remain competitive in the marketplace. Being able to anticipate the ‘traps along the way’ and develop support for changes and… read more →
Effective strategic management of any business is essential to creating sustainable results in good times and in bad. Strategy lays clear the focus on what is critical to an organization or department and enables decision makers to make the tough choices necessary to succeed. Though vital to organizations, strategy alone does not provide the answer… read more →
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