Analysis from the Health Care First step toward Greater Kansas HC 466 - Strategy & Org Comm Hlth Services

Quest Statement and Vision

The Health Treatment Foundation (HFC) of Higher Kansas City is dedicated toВ the mission of providingВ leadership, care and solutions that remove barriers to quality well being for uninsured and underserved in our services area. Our vision is simple - Healthier People in Healthy Residential areas (Unknown, 2008)! Company History

Functioning since July of the year 2003, Health Midwest, a regional nonprofit health care provider which held or rented 11 general acute care and behavioral health centers in Missouri and Kansas, entered into an Asset Purchase Agreement with Hospital Corporation of America (HCA). The Attorneys General of Kansas and Missouri secure the property from the sales and establish two health care conversion footings – the Health Care Foundation of Greater Kansas and the REACH Healthcare Foundation. Based on a court-approved pay out agreement, HCF will include in Missouri and obtain 80 percent of the assets while the REACH Basis, will integrate in Kansas and receive 20 percent of the net takings (Unknown, 2008).  Operating Info

HFC is a nonprofit, public advantage corporation. The organization funds/supports the indigent or underserved. HFC funds a regional network, and provide low‐income patients a chance to establish a romantic relationship with a main care provider who can make them manage their particular health requires so that they don't have to count on hospital crisis departments to get regular proper care. There are 17 safety net affiliate marketer organizations functioning 33 main medical care treatment centers in the eight‐county region (Unkown, 2008). The HCF Company is an autonomously performing corporation. firm that There are seventy four Kindred private hospitals across the land. These hostipal wards provide long term acute attention services to the critically unwell and clinically complex sufferers. A few of these private hospitals also provide outpatient services including diagnostic image resolution, simple surgical procedures, and laboratory solutions. Currently, the hospitals are primarily dealing with patients with lung and wound attention problems and infections. During 2005 the patients' common length of stay was thirty days and about 74% of the sufferers were older than 65 years.. in April of 2001 after a significant reorganization (Mergent Online, 2005). In 2005, Kindred known into 4 operational categories: the hospital department, health solutions division, therapy division and pharmacy section. As of September 30, 2006 Kindred's hospital division managed 80 long-term acute attention hospitals (LTAC's); the health companies division managed 242 nursing jobs centers including skilled nursing facilities (SNF's) and aided living features (ALF's); the rehabilitation section provided rehabilitation services simply by contract to 366 nursing jobs centers, 70 hospitals and 80 additional health care spots and the chemist division controlled 45 medical stores (Kindred Health-related, Inc., 2006).

Today Kindred's hospital section is the most significant LTAC medical center holder inside the U. S. with $1. 7 billion dollars in earnings, the health solutions division may be the second most significant publicly placed nursing middle operator inside the U. S i9000. with $1. 9 billion in revenue, the pharmacy division is the third major in the U. S. with $635 mil in earnings and the treatment division is definitely the second major publicly organised contract rehab company in the U. S. with $288 million in revenue (Kindred Healthcare, Inc., 2006). Monetary Plan

Establishing goals and a plan means achieve these people is the very first step to ensuring the success of an organization. For a business, economic management and consideration of the " some C's”, costs, cash, capital and conservation are the basics of establishing a financial plan. Monetary plan must identify working costs and establish price controls, appreciate its circulation of cash and amount open to pay commitments, know how...

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HCS405 – Health Care Economic Accounting Study course Web site.