summarize the chapters 1-4 of the scarlet letter

      Partner revenue$4,492,000 7,900hoursStaff revenue$4,315,000 33,000hours

New Century Wellness Group offers a holistic approach to health care with an emphasis on preventive medicine as well as traditional medical care. In your role as an IT consultant, you will help New Century develop and plan the implementation of a new information system.

Phase 5

Background

You began the systems analysis phase by conducting interviews, reviewing existing reports, and observing office operations.

The New Century medical team performs services and medical procedures, which are coded according to the American Medical Association’s Current Procedure Terminology (CPT). CPT codes consist of five numeric digits and a two-digit suffix, and most insurance payers require the codes to be included with billing information.

The new system must be able to handle the new ICD-10 procedure coding system, which has been required by the Centers for Medicare & Medicaid Services (CMS) beginning October 1, 2014. ICD-10 codes consist of seven alphanumeric characters, which can be electronically transmitted and received. New Century’s information system must interface with 25 California health insurance providers. The new system represents an opportunity for significant cost saving for New Century, and more convenience for patients, who will be able to go online to update medical information, schedule appointments, and request medical records (Future System Interface).

During your fact-finding, in addition to meeting Compliance requirements (NC3), you learned that the clinic requires various reports, as follows:

• Daily appointment list for each provider. The list shows all scheduled appointment times, patient names, and services to be performed, including the procedure code and description.

• Daily report call list, which shows the patients who are to be reminded of their next day’s appointments. The call list includes the patient name, telephone number, appointment time, and provider name.

• Weekly provider report that lists each of the providers and the weekly charges generated, plus a month-to-date (MTD) and a year-to-date (YTD) summary as well as profit distribution data for the partners.

• Monthly patient statement, which includes the statement date, head of household name and address, previous month’s balance, total household charges MTD, total payments MTD, and the current balance. The bottom section of the statement shows activity for the month in date order. For each service performed, a line shows the patient’s name, the service date, the procedure code and description, and the charge. The statement also shows the date and amount of all payments and insurance claims. When an insurance payment is received, the source and amount are noted on the form. If the claim is denied or only partially paid, a code is used to explain the reason. A running balance appears at the far right of each activity line (they are willing to accept a vertical package’s suggestions for these and any additional report recommendations will be considered as well).

• Weekly Insurance Company Report.

• Monthly Claim Status Summary.

In addition to these reports, the office staff would like automated e-mail and text messaging capability for sending reminders to patients when it is time to schedule an appointment.

Data also needs to be maintained on employers who participate in employee wellness training. This information can be used for marketing purposes throughout the year with a CRM Packaged System which you will select from those available as well.

Also, the new system needs to track employee schedules, attendance, vacation time, and paid time off as part of the Payroll application module that is currently used as a service for that requirement.

Finally, the New Wellness Training System must allow for both wellness, exercise, and nutrition training classes in multiple locations as New Century wants to be able to offer classes off-site at local businesses, schools, and other suitable locations.

Now you are ready to organize the facts and prepare a system requirements document that represents a logical model of the proposed systems. Your tools will include DFDs, a data dictionary, and process descriptions.

Tasks

Q1: Prepare a data dictionary entry and process description for one of the Wellness Training System’s functional primitives.

2. Briefly describe the following types of ratios and identify the financial statement users most interested in each type.

a. Liquidity ratios

b. Activity ratios

c. Profitability ratios

d. Coverage ratios

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What is the current ratio? Present a short critique of this widely used financial measure.

In “The Goal” by Eliyahu Goldratt:

1. Which two plant areas were the original bottlenecks? What were the other constraints that emerged?

Create a list of at least five different pricing strategies (from the long list of pricing strategies covered in this chapter) that you might want to use and why you think each strategy might be good for your business.

Why is nitrous oxide a greater contributor to greenhouse gas than carbon dioxide? Give two reasons based on vibrational modes and IR absorbance etc. I already stated that it has more IR active vibrational modes.

a) Explain the likely steps in pollen from the male cone travelling to, and then fertilising, an egg in the female cone scale

b) What are the similarities and differences between the female cone scale and the male cone?

c) Explain the main morphological features of the female cone scale and the male cone?

Use of statistic in the mathematics? Explain in a broad way.

In “The Goal” by Eliyahu Goldratt:

1. How does “The Goal” define a bottleneck resource? Develop your own simple example of a bottleneck to demonstrate. (Not the examples from the book, not artificial examples!)

Example: During the 20-30 minute period before the beginning of classes at Baruch, there are long lines that form in front of the elevators at NVC. This is an indication that elevators become the bottlenecks in the process that transports students from the ground floor to the floors where the classrooms are.

Bronner’s Christmas Store is one of the largest in America. Bronner’s currently has one store located in Frankenmuth, Michigan. Bronner’s has decided to open up a second store in Heidelberg, Germany. Reflecting on each chapter in our textbook, respond to each of the following questions as though you were hired to be a consultant to Bronner’s.

Should Bronner’s be concerned about German government policy? Explain.

What are some of the predictive technologies used in condition-based maintenance (CBM)? Please name five and describe them briefly.

Explain how recruitment and selection information from job analysis is used.

NEW MEXICO CORPORATION

…… had the following operating data for its first two years of operations: Variable costs per unit: Direct materials $ 5.00 Direct labor 3.00 Variable overhead 1.50 Fixed costs per year: Overhead $90,000 Selling and administrative 17,200 The company produced 30,000 units the first year and sold 25,000. In the 2nd year, it produced 25,000 units and sold 30,000 units. The selling price per unit each year was $15.

Required: 1. What are absorption and variable costing? How are they different and when are they used?

2. Prepare a comparative income statement (side by side) for the years 1 and 2, using absorption costing. Has the firm performance, as measured by income, improved or declined from Year 1 to Year 2?

3. Prepare comparative income statements for both years using variable costing. Has firm performance, as measured by income, improved or declined from Year 1 to Year 2?

4. Reconcile the difference between the income(s) shown between the two statements for each of the years.

5. Which method do you think more accurately measures performance? Why?