Compensation Management

Imagine that you are the human resources (HR) manager at a small start-up company, and your company has just been awarded a new contract that is requiring a huge increase in the organization’s workforce. As a result, you have been asked to outline the process that you will use to develop an internally consistent compensation system and present it to the owners of the company for approval.

Create a two-page essay in which you address the following issues:

  • the reasons why an internally consistent compensation system is necessary and
  • the process involved in creating an internally consistent compensation system.

Make sure that your essay includes enough information to convince the owners that the time, effort, and manpower that this process will take will be worth it to the company in the long run. Please be sure that all sources used, including your textbook, are cited and referenced properly using APA formatting.

Capstone 3

Using the same organization from Week 2, create 3 performance standards or benchmarks (e.g., net profit, quality ratings, service excellence award, average length of stay, average percentage of readmission after discharge, average medical error rate, and so on). These benchmarks must be based on national standards or other successful profiles for this particular type of organization. Evaluate the following strategic innovations that were used to measure your performance standards:

  • Selective contracting 
  • Cost sharing 
  • Managed care 
  • Quality standards 

Evaluate the role of decision making by the health care leader for any of the performance standard measures to achieve national benchmarks.

5/7 pages 

Course Reflection

  

Assignment Expectations:

Address concept A and B in about 150 words each.

You will be graded on how well you demonstrate knowledge and understanding of the concept, and critical thinking pertaining to the applicability of the concept to your professional practice. Points awarded will follow breakdown below.

The Assignment: Given the readings and assignments in the course, identify and discuss two concepts or lessons learned that you believe will be most applicable to your professional discipline.

Discipline: Healthcare Management

Concept A: Electronic Health records

Concept B: Health information Systems

Concept A (points 10/20):
Identify /define (points 4/20): ……
Your professional discipline: ……..
How applicable (points 6/20): ……
Concept B (points 10/20):
Identify /define (points 4/20): ……
Your professional discipline: ……..
How applicable (points 6/20): ……

Thank you

Respond to the following:

 

  • From your discussion preparation work, select one type of employee benefit and report about how this specific benefit category is represented within the employment categories. For instance, you may choose retirement benefits and note the various industries which might be more inclined to provide that type of benefit.
  • Debate how much inequity exists among the categories and justify your response with a specific example.

LP06 Assignment: Employer RFP Paper

HA3120D – Essentials of Managed Care SU20 B – Section D01

HA3120D – Essentials of Managed Care

LP06 Assignment: Employer RFP Paper

 

Directions

Employer RFP Paper: (Read Chapter 5 and 7.)

SCENARIO: You are responsible for the request for proposal (RFP) department in an MCO. Several employers have come to you looking for health insurance benefit offerings to its employees. You are to provide a package of health care insurance benefit coverage recommendations based on the size of each company: small group, medium group, and large group.

a.For each company size, recommend the services you would offer that sized company. Include how those services would be organized. You may assume anything you want about the employer. Incorporate your assumptions into your paper.

Be sure to include such things as what payment systems would be implemented (fee-for-service? capitation? deduction? and so forth).

How would you incorporate inpatient and outpatient services? How would you handle behavioral health services?

b.For each company size, your paper should be about 2 to 4 pages in length. Double space and use 1 inch margins all around in 12 point Times New Roman font.

c.Use headers freely to help outline your various recommendations for structure and content

d.There is no one correct answer to this. Your task is to demonstrate through this assignment that you understand the structure, internal operations of MCOs and health care options as presented in the text.

e.When writing, consider these questions:

What might a small/medium/large group employer look like?

What sort of financial structure would you recommend?

What would be the physician relations and so forth?

Use the text as a guide as to other factors that should be included in your paper. Details are good here.

f.Consider the reader in how you structure each of your employer recommendations. Do not write paragraphs that are 50 lines long. Break up your content into paragraphs that reflect changes in topic or thought. As stated above, use headers freely. Proper grammar is important. Proofread your assignment for spelling and grammar before you submit it.

week 4 533

 

Respond to the following:

  • For a job you know well, create a questionnaire of five items that elicits employee reaction to the employees’ levels of compensation.
  • Identify what information should be included in a job analysis and job evaluation in order to develop a job structure.