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between inpatient and outpatient health centers and hospitals are that
inpatient services require an overnight stay in a hospital, ambulatory surgery
centers, respite care, hospice care, and nursing facilities. Hospitals are
governed by a chief executive officer (CEO) a board of trustees or board of
directors, and a chief of medical staff (Pozgar, 2014.) The CEO is responsible
for the day to day operations of the hospital, and the board of trustees. The
board of trustees are legally responsible for hospital operations. The
operational staff within a hospital manages the nonmedical staff, both the
operational staff and medical staff collaborate so the institute runs smoothly.
In addition to this, the medical staff has committees (Pozgar, 2014.) A credential
committee reviews and grants that allow privileges to physicians. A by-law
committee reviews changes and a planning committee supervises activities and
correlate to the mission and vision. In turn, patient records are overseen by
the medical records committee. A utilization committee safeguards inpatient
stays that are clinically appropriate. An infection control committee reduces
infections in hospitals and a quality control improvement committee which is
responsible for quality improvement programs (Pozgar, 2014.)
Word count 191
Niles, N. J. (2018).
Chapter 6: Inpatient and Outpatient Services. In Basics of the U.S. health
care system (3rd ed., pp. 147-155). Burlington, MA: Jones & Bartlett
Inpatient services are services
that involve an overnight stay of a patient whereas outpatient services do not
(Niles, 2015). Inpatient care tends to be directed towards more serious
conditions and trauma that require one or more days of an overnight stay at a
medical facility (Wu, 2016). Patients must stay at the medical facility where
their procedure was done (which is normally a hospital) for at least one night.
During this time, they remain under the supervision of a nurse or doctor.
Outpatient services on the other hand, do not require a prolonged stay at a
facility. This can include routine services such as checkups or visits to
clinics (Wu, 2016). Outpatient services can also include more involved
procedures such as surgical procedures, as long as they allow you to leave the
hospital or facility on the same day as the procedure. Patients are free to
leave the doctor’s office; outpatient clinic or hospital once the procedure is
over. Sometimes, they need to wait while anesthesia wears off or to make sure
there aren’t any complications. As long as there are not any serious
complications though, patients don’t have to spend the night being supervised
(PBMC Health, 2017). Inpatient care is considered very expensive so over the
years hospitals have begun offering more outpatient services that do not
require an overnight stay and are less financially taxing on the healthcare
Niles, N. J. (2015). Basics
of the U.S. health care system. Burlington, MA: Jones & Bartlett
The Difference Between
Inpatient and Outpatient Care. (2017, March 14). Retrieved March 30, 2018, from
Wu, J. (2016, November 28).
Inpatient vs. Outpatient Care and Coverage. Retrieved March 30, 2018, from https://www.valuepenguin.com/inpatient-vs-outpatie…
Discussion 3: Craig
1. Name of
Company: Home Depot
3. I will be
closing on the sale of a house in south Florida next week. Prior to
getting to closing I have been spending a lot of time at Home Depot (and
Lowe’s) getting supplies to work on the house. I thought it would be
worthwhile to research a company that I have been giving a lot of money to
lately. In addition, The Home Depot has also been traded on the Dow since
1999. Researching a stock that factors prominently on the Dow Jones makes
4. Asset Turnover Ratio = Net Sales / Average
=$100,904 / [($44,529 + $42,966) / 2)] (in
=$100,904 / $43,748
5. Home Depot’s
Asset Turnover Ratio of 2.31 is very healthy. This ratio indicates that
Home Depot is producing $2.31 for every $1.00 of assets invested. It
should be noted that the information to determine the ratio must be obtained
from both the balance sheet and income statement: the Net Sales are
obtained from the income statement and the Average Total Assets are obtained
from the Balance Sheet.
The company I
chose to research is Starbucks. I chose to research this company because I
frequently visit this store as I am shopping at Target. Here is the web address
to the information: https://www.sec.gov/cgi-bin/viewer?action=view&cik…#
calculate the asset ratio turnover you need to divide the net sales by the
total average assets.
October 2017, net sales were (in millions) $22,386.80
find the total average assets by dividing the current years assets by the
previous years assets
2017 the total assets equalled $14,365.60 while in 2016 the total assets
tells us that Starbucks is producing approximately $1.56 of sales revenue for
each dollar of assets invested.
Note: Please read the discussion carefully and try to answer them about what they wrote, don’t explain to them how the formula done or repeat what they said, just comment about how good points and how great job they explain it, thank you.