Posts

Post #4: Irma Creating Financial Troubles

For this week’s blog post I wanted to explore a specific area in the health field that I may want to pursue as a career. I am taking a class called Health Care Financial Management. This is my first class on anything related to finance and so far I have been enjoying it. So, for this blog I am pairing my interest and the current news event, Hurricane Irma.             I discovered an article from HFMA titled, Florida Hospitals to Feel Long-Term Impact of Irma: PwC . This article talks about all of the impacts hospitals faced when Irma happened. Hospitals in general are expensive to maintain and develop from staffing to purchasing technology. As a CFO they are constantly making decisions about what is worth spending thousands of dollars. When a disaster hits there are even more financial troubles. This article specifically states, “Hospitals can face closure, unpredictable revenue cycles, disrupted supply chains, credit downgrades...

#3 Article from Harvard Business Review

For this blog post I thought it would be good to focus on a similar topic as my second blog which focused on making health care a team sport. I found an article from Harvard Business Review titled, The Strategy That Will Fix Health Care. They initially state that to fix any problem you need to define the goal. I agree with this, not just with health care but in any type of organization. I have found myself trying to solve personal problems within school, sports, and social life, and in each area I always come to the step of finding out what I want my end outcome to be, and to do that I have to define the goal I want to achieve. This article says, “ In health care, the overarching goal for providers, as well as for every other stakeholder, must be improving value for patients, where value is defined as the health outcomes achieved that matter to patients relative to the cost of achieving those outcomes.” I understand this goal can be very challenging as health care in itself is very ex...

Blog number 2!

For my second blog I thought it would be fun to watch a ted talk and reflect back on it. I chose the ted talk, “Health Care Should be a Team Sport” by Eric Dishman. In this ted talk he says we need to update our health system to a more personal one. In his own words, “Our health care system is based on passive patients who just take it and don’t ask any questions.” Many people say we need to fix our health care system, make it more accessible to people who can’t always afford it. Eric Dishman gives a real solution to this. He says we need to have these three pillars: care anywhere, care networking, and care customization. Since the focus is management, I would like to analyze care networking. Eric Dishman says we need to make health care a team sport. No individual doctor or specialist has the answer to every patient needs. In the history of medical care there was always an emphasis on having a one on one, patient doctor environment. Our health care is now beyond that. Like Eric Dis...

First post!

Hello! My name is Molly Mercier and this is my first blog I have created. I'm hoping I can explore myself and my career goals throughout this blog. A little bit about myself, I am a junior in college and my major is Health Management and Policy. I recently joined HMP this summer and have never felt so excited about my future. I thought my first post should be about the biggest current event happening regarding Houston Texas. Hurricane Harvey has caused so much damage to Houston that many managers of hospitals, schools, and other businesses have had to make serious choices. I thought it would be interesting to find out what positions managers of hospitals have been put in because of Harvey. I found this article from the Washington Post, called Flooding disrupts care at Houston hospital, cancer center. One of the struggles they had was transporting the patients to a safe area. Transporting a large amount of patients is a difficult task when put with flooding and limited staff. On...