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Biomedical subjects

D S Palkon

Publications and source records attributed to D S Palkon.

17 recordsLinked to original sources
PubMed1999

An analysis of 1997 healthcare initial public offerings.

The corporatization of healthcare is here to stay, and it is influencing much in the industry. Thus, it is important for healthcare executives and professionals to identify and evaluate companies in this sector of the economy. One method is to conduct annual surveys of new healthcare IPOs, obtain data on those companies, and assess growth and decline by following these corporations longitudinally. This study represents the example of establishing a baseline of IPOs in 1997. Since the information is public and relatively easy to access, healthcare professionals can use the wealth of information in a variety of ways.

Capital Financing↗
PubMed1994

Health care reform: identifying some cost culprits.

In terms of both total cost and fraction of the gross national product, the cost of health care in the United States is considerably greater than anywhere else in the world. The reasons for the excessively high cost are complex and include issues of administration, issues of quality, and issues peculiar to American culture. Some contributing factors are the demographics of the population, the cost of defensive medicine and litigation, costly regulation, extensive application of technology in response to public demand and expectations, and finally, waste and abuse of the system. Control of costs cannot realistically be achieved by simply changing the way we finance health care, but will require changing the economic incentives for both providers and patients. Reforming the system will necessarily include compromising some of our expectations about health care, changing unhealthy lifestyles, and more realistically analyzing the costs of litigation and regulations.

Defensive Medicine↗
PubMed1991

Health managers' attitudes toward robotics and artificial computer intelligence: an empirical investigation.

An empirical investigation of the perceived role of robotics and artificial computer intelligence in the future of health care reveals factors favoring a positive attitude by health administrators. The study employed a two-part survey administered in late 1989 and early 1990 to health care managers in hospitals and nursing homes. Part One of the survey asked about the participant, his or her work habits and work environment. Part Two obtained a psychological profile of rationality vs. intuition in problem solving. Through bivariate and multivariate post hoc statistical tests, we discovered the following variables which significantly determined attitudes toward robotics and artificial computer intelligence: sex; number of employees supervised; perceptions of waste and inefficiency in the workplace; perceptions of time-consuming personnel problems; perceived need to make more efficient use of time, money, and facilities; and perceived favorable climate for innovation. Among the factors which did not have an effect on attitudes toward advanced technology were three measures of rationality vs. intuition in problem solving.

Artificial Intelligence↗
PubMed1987

Pre-employment screenings: building in theft deterrents.

Employees are the greatest asset in any long-term care organization. Administrators have a duty and a responsibility for insuring that they continue to have a sound security plan which includes hiring competent, honest, and caring workers. Establishing low employment standards could readily materialize into operating a low quality of care program. We have advocated five main management tools for pre-employment screening. Some long-term care facilities need to relook at their pre-employment hiring policies and procedures. No one type of method is foolproof, but long-term care administrators must acknowledge that employee theft can be reduced if high risk applicants are identified and screened out.

Humans↗
PubMed1987

Performance appraisal systems in health care administration.

The application of performance appraisal systems to personnel administration represents an important development in health care administration. As health care administrators seek to more effectively manage their resources, performance appraisal systems offer the opportunity to reward and improve productivity by identifying behavioral performance criteria and relating them to promotion, retention, and evaluation systems.

Allied Health Personnel↗
PubMed1985

Equity financing for long-term care companies.

Going public is not for every long-term health care company. However, the equity marketplace provides an exciting, fascinating arena for soliciting capital which might otherwise prove too costly or difficult. The popularity of going public is evidenced by investor demand and the amount of capital raised can be phenomenal. In 1983 Russell (1985) noted that 889 companies raised $12.95 billion by going public. In 1984 equity raised dropped back to $3.5 billion. It is more true today than ever before that long-term health care companies possess an important financial weapon within their arsenal if they so choose to utilize it. By going public and raising equity financing the private entity can become a meaner, leaner long-term health care company. A company which now possesses greater leverage and bargaining power to create and to direct its own corporate destiny.

Capital Financing↗
PubMedDate not supplied

The Medical Device and Laboratory Product Problem Reporting Program.

Health care technology, those objects and techniques used in health care practice, is so important and customary today, it is difficult to realize that not too long ago physicians had few beneficial devices, drugs, or procedures to offer patients. It was only in the nineteenth century that advances in diagnosis, marked by the invention of the stethoscope, and in therapy, denoted by the introduction of ether anesthesia, inaugurated the era of modern medicine. Over the century and a half that followed, we developed an extra-ordinary armory of diagnostic and therapeutic tools, which have significantly improved life expectancy and raised the quality of life for countless persons all over the world. These advances also have created ethical, economic, organizational, and political problems concerning their appropriate use and distribution.

Equipment Failure↗
PubMedDate not supplied

Going public: transforming non-profit hospitals into investor-owned corporations--advantages and disadvantages.

Going public is not a good strategy for every hospital. However, hospitals that could benefit should establish a strategic plan for going public. Investor demand indicates that equity financing is not only popular, but that it can be profitable for companies. In 1983 Russell (1985) noted that 889 companies raised $12.95 billion by going public. In 1984 equity raised dropped back to $3.5 billion. There are more challenges facing hospitals today than at any moment in history. Some hospitals need to make radical philosophical and financial changes if they are to survive. Going public, if done properly and conscientiously, can provide hospitals with interest-free dollars and future financing at reasonable costs.

Decision Making↗