1-In the area of Corporate Negligence, hospitals have moved from a duty to use reasonable care, to charitable tort immunity.
True/False
2- CEO/Administrator's have a responsibility to correct deficiencies found by regulatory agencies.
True/False
3-Who is responsible for Medical Staff Privileges?
Nursing
CEO
Governing body
None of the above
4- Physicians challenge a Denial of Privileges by using state and federal antitrust laws based on a conspiracy theory. This approach is:
growing more successful
not vaild due to the US Constitution
generally an unsuccessful claim
not an option for individuals
5-Negligent granting of privileges can lead to:
Iiability for injuries suffered by patients treated by physician whose credentials were improperly screened.
liability for breech birth by doctor with improper privileges.
liability for wrongful death caused by fugitive doctor.
all of the above.
6-During a lawsuit over suspension or termination of privileges, you may hear testimony about:
whether a physician exhausted all remedies available before going to court.
whether the health care organization denied due process.
all of the above.
none of the above.
7- The evaluation of professional services by a person licensed to practice is:
Clinical Review
Book Review
Peer Review
none of the above.
8- Who has the primary responsibility for taking corrective action when physicians provide inadequate care?
Patients
Nurses
Medical Director
none of the above.
In: Nursing
The Elite Mutual Fund associate director intends to invest in the stock of ABC Company. ABC Company is a merchandiser buying and selling mobile phones. ABC Company also provides mobile phones repairing services. Around 50% of the company’s revenues come from the sale of mobile phones. The remaining company’s revenues come from mobile phones repairing services.
The following are financial ratios for ABC Company and comparative ratios for ABC Company’s industry. Computations of the financial ratios for ABC Company are based on the information from ABC Company’s financial statements.
|
Aspect of financial ratios |
Industry average |
ABC Company |
|
(i) Market measures |
||
|
Price-to-book |
9.1 |
8.9 |
|
Dividend payout rate |
2.1% |
0% |
|
Dividend yield |
0.6% |
0% |
|
Earnings yield |
8% |
8.2% |
|
Price-to-earnings ratio |
29.1 |
27.9 |
|
(ii) Asset utilization |
||
|
Total assets turnover |
4 |
3.95 |
|
Fixed asset turnover |
15.65 |
15.4 |
|
Working capital turnover |
9.81 |
8.6 |
|
Sales to inventory |
28.8 |
30 |
|
Accounts receivable turnover |
8.25 |
7 |
|
Cash turnover |
39 |
40.9 |
|
(iii) Operating performance |
||
|
Net profit margin |
8.1% |
8.3% |
|
Pre-tax profit margin |
14.55% |
15% |
|
Operating profit margin |
16% |
16.8% |
|
Gross profit margin |
34.4% |
36.1% |
|
(iv) Return on investment |
||
|
Return on common equity |
50.1% |
52.7% |
|
Return on assets |
30.1% |
31.5% |
|
(v) Capital structure and solvency |
||
|
Times interest earned |
9.99 |
9.3 |
|
Long-term debt to equity |
0.401 |
0.369 |
|
Total debt to equity |
0.691 |
0.675 |
|
(vi) Liquidity ratios |
||
|
Days to sell inventory |
18.39 |
18.48 |
|
Collection period |
36.7 |
42.29 |
|
Acid-test ratio |
1.95 |
2.68 |
|
Current ratio |
3.2 |
3.55 |
Required:
In: Accounting
The Elite Mutual Fund associate director intends to invest in the stock of ABC Company. ABC Company is a merchandiser buying and selling mobile phones. ABC Company also provides mobile phones repairing services. Around 50% of the company’s revenues come from the sale of mobile phones. The remaining company’s revenues come from mobile phones repairing services.
The following are financial ratios for ABC Company and comparative ratios for ABC Company’s industry. Computations of the financial ratios for ABC Company are based on the information from ABC Company’s financial statements.
|
Aspect of financial ratios |
Industry average |
ABC Company |
|
(i) Market measures |
||
|
Price-to-book |
9.1 |
8.9 |
|
Dividend payout rate |
2.1% |
0% |
|
Dividend yield |
0.6% |
0% |
|
Earnings yield |
8% |
8.2% |
|
Price-to-earnings ratio |
29.1 |
27.9 |
|
(ii) Asset utilization |
||
|
Total assets turnover |
4 |
3.95 |
|
Fixed asset turnover |
15.65 |
15.4 |
|
Working capital turnover |
9.81 |
8.6 |
|
Sales to inventory |
28.8 |
30 |
|
Accounts receivable turnover |
8.25 |
7 |
|
Cash turnover |
39 |
40.9 |
|
(iii) Operating performance |
||
|
Net profit margin |
8.1% |
8.3% |
|
Pre-tax profit margin |
14.55% |
15% |
|
Operating profit margin |
16% |
16.8% |
|
Gross profit margin |
34.4% |
36.1% |
|
(iv) Return on investment |
||
|
Return on common equity |
50.1% |
52.7% |
|
Return on assets |
30.1% |
31.5% |
|
(v) Capital structure and solvency |
||
|
Times interest earned |
9.99 |
9.3 |
|
Long-term debt to equity |
0.401 |
0.369 |
|
Total debt to equity |
0.691 |
0.675 |
|
(vi) Liquidity ratios |
||
|
Days to sell inventory |
18.39 |
18.48 |
|
Collection period |
36.7 |
42.29 |
|
Acid-test ratio |
1.95 |
2.68 |
|
Current ratio |
3.2 |
3.55 |
Required:
In: Finance
Yaw Mathew, Kofi John and eighteen (18) others are employees of SameXYZ Limited, a giant coffee production company located in the Industrial Area of Ghana. They work in the coffee factory of the company. In December 2017, a trade union representing the employees in the coffee factory made certain demands on the company, including demand for pay rise. There were negotiation proceedings following which a settlement was reached between the company and the trade union. Under the settlement, the monthly salary of each coffee factory employee is to be increased from the current amount of GH₵1,500.00 to GH₵ 2,250.00, an increase of 50% over and above the previous salary. It was agreed that the increment was to take effect from January 2018. In January 2018, the employees were put on the new salaries but it was observed that the company was making certain unexplained deductions of GH₵100.00 from the monthly salary of each employee, apart from the lawful deductions. When the employees complained to the company regarding the deductions, they were told that the said amount was a pecuniary penalty imposed on them by the company and that the company owed them no explanation whatsoever. They were further told that any employee who was not ready to suffer the deductions was free to resign. The employees are of the view that such deductions are not permitted under the Labour Act but do not know what to do to halt the deductions and recover the deductions made so far. They have come to you for your legal opinion on such deductions and the steps they can take to halt future deductions and also recover previous deductions as prescribed by law
In: Operations Management
Kate is a 17 years old patient, unmarried and 8 weeks pregnant. She is a rather remarkable girl in that she lives independently while still a senior in a high school. She tells you that she was an adoptee given back to foster care, and then abused in that system. She is now an emancipated minor who works 30 hours per week at a service industry job while also earning a 4.0 GPA in school, ranking in the top 10% of her class. She is college-bound, with a full-ride scholarship for pre-med undergraduate studies at a prestigious university. ?Kate has absolutely no family support, and the former boyfriend who is the father of her unborn child/fetus simply disappeared upon learning of the pregnancy. Your patient is scared, uninsured, and says she doesn’t want to be pregnant or a mom (“Perhaps someday, but not now!”). She rejects the adoption option, based on her own experience growing up, and requests abortion only, at this hospital where she has always received medical care.”
Questions for discussion ?1. Your faith-based health care system rejects elective abortion option. What ought to be done for Kate? And by whom?
In: Nursing
ABC Company employs a periodic inventory system and sells its inventory to customers for $23 per unit. ABC Company had the following inventory information available for the month of May: May 1 Beginning inventory 1,600 units @ $12 cost per unit May 8 Sold 1,100 units May 13 Purchased 1,700 units @ $24 cost per unit May 18 Sold 1,000 units May 21 Purchased 1,500 units @ $18 cost per unit May 28 Sold 800 units May 30 Purchased 1,200 units @ $20 cost per unit During May, ABC Company reported operating expenses of $5,000 and had an income tax rate of 36%. Calculate the amount of gross profit earned by ABC Company during May using the weighted average method.
In: Finance
In: Economics
"Freshman 15": Fact or Fantasy? BOSTON Along with all of the typical "back-to-school" hype about lunch boxes and school buses, each September is typically greeted with media reports and advice about the "freshman 15," which is the popular name given to the phenomenon of first-year college students gaining 15 pounds during their freshman year. But does this 15 pound weight gain actually occur, or is it simply a myth? Carole Nhu'y Hodge, Linda Jackson, and Linda Sullivan are Michigan State University researchers who conducted their own investigation. They studied 61 Michigan State female students who took an introductory psychology course. The volunteers, who were given extra credit for participation in the experiment, were weighed at the beginning of their freshman year and at a point in time six month later. Among their findings reported in Psychology of Women Quarterly : "Body weight at the beginning of the first college year (Time 1) was compared with weight approximately 6 months later (Time 2). Average weight at Time 2, 131.45 lb (59.62 kg), was no different from average weight at Time 1, 130.57 lb (59.23 kg)." They also state that "Our findings suggest it (the 15-lb weight gain)is fantasy, although additional research is needed before drawing firm conclusions."
The Assignment:
Answer the following:
In: Statistics and Probability
9. Columbia won’t discriminate on the basis of religious belief. Historically, some creeds have been singled out more than others for abuse, but one that’s not often found on the list of mistreatment is Haitian Voodoo. Houngan Hector of New Jersey identifies himself as an asogwepriest of Haitian voodoo. His story is interesting. He claims to have been hit by an ancestor at the age of seven, and so began his spiritual journey. Eventually, it led Houngan Hector to perform spiritual cleansings for money. They haven’t always gone well. According to this newspaper story in the Philadelphia Daily News: “Lucille Hamilton paid $621 to have her ‘spiritual grime’ removed by voodoo high priest Houngan Hector in an ordinary townhouse in Camden County. Hamilton, 21, a male living as a woman, flew in on Friday from her home in Little Rock, Arkansas to take part in the three-day spiritual cleansing. By Saturday night Hamilton was dead, and authorities are awaiting results of an autopsy and toxicology tests to determine exactly what happened.”[1]
Here’s Houngan Hector’s advertisement for his services on his MySpace page, as it was reported in Odd Culture: “I have over 15 years of experience helping individuals resolve their issues, and well over 9 years of helping people through the means of the Haitian Voodoo tradition. Having gotten individuals out of jail, brought lovers back, and improved people’s financial situation, I keep myself humble remembering it is not I who does it. It is God and Ginen who resolves.” [2]
The three basic ethical arguments against discrimination (and, in this case, discrimination based on personal religious belief) are fairness, rights, and utilitarianism.
In: Operations Management
In: Nursing