Performance measurement system Research Paper Example | Topics and Well Written Essays - 1250 words

Performance measurement system - Research Paper Example (Franceschini, Galetto, & Maisano, 2007) A statistical model needs to be developed to get results of performance and a full picture can never be measured directly and sometimes observation is the only way of coming to a conclusion about performance and you do not get figures to assess with. The main aim behind a performance management system is to better the performance of an organization. Communicating better in an organization and having a trustful relationship with your peers and bosses is not something that is directly linked to bettering performance than perhaps training individuals but they are indirect measures that will in the long run help to get to the final purpose of the organization. Some reasons to use PMS are to assess how an organization is performing; for this the managers in an organization need to determine what the organization was supposed to achieve. This means that the mission and vision statement of the organization should be clear. For this performance also, data is obtained from not only the observable performance but also the environmental hazards and also looking at the companies the organization had benchmarked itself against and seeing them as a comparative database. Ideally, the organization needs to be using the best practice which is the most efficient and cost effective process even in regards of health, safety and environment. Benchmark could also be the same organizations past and present performance with the same or different processes used. PMS also helps to keep the organization’s functions under control by making sure that managers and subordinates are doing what they are supposed to be doing. Managers do not have the hierarchical control that they used to have before however, taking space into account, they still use certain measures to control their business. Everyone must comply with these

Public Finance in the Health Care System Essay Example | Topics and Well Written Essays - 500 words

Public Finance in the Health Care System - Essay Example Progressive reports show that the number of then uninsured in Vermont has been going down. There were 8.4 percent uninsured persons in Vermont in 2000 and 6.8 percent uninsured persons in 2012. Eighty percent of the uninsured Vermonters cited the cost of health insurance as a major reason why they did not take insurance covers. In 2012 it was found that most uninsured Vermonters were unmarried, male, poor, young, working and without a college degree. According to 2012 statistics, there are more Vermonters who are working but are uninsured (75 %) than Vermonters who are working and are insured (65%). The median annual income of uninsured Vermonters was in 2012 was 201% of the federal poverty line (Smith et. al., 2013). In 2010, the Kaiser Family Foundation surveyed the Medicaid Payment per enrolled. The survey showed that Vermont spent $10,550 per every aged person covered under Medicaid. It was also found that the spending per every disabled Medicaid enrollee in Vermont was $17,936. Every adult Medicaid enrollee cost Vermont $3,437 in 2010 whereas the state spent $3,667 on every child Medicaid enrollee. In the same year, Vermont spent $5,099 on every Medicaid medically needy enrollee (Cuckle et. al., 2011). Vermont raises over 95% of its revenue from taxes. The statewide property tax is estimated at $1,035.7 million in Vermont’s state fiscal year 2015 and as such, it is the state’s largest source of revenue. Personal income tax makes up one-third of non-property-tax revenue in Vermont. The sale and use tax is the third largest source of income, followed by rooms and meals taxes. Federal funds represent approximately one-third of Vermont’s funding for state programs. In January 2014, it was estimated that available general fund in Vermont was 76%, available transportation fund was 14% and available education fund was estimated at 10% (Snyder et. al., 2012). In 2010, there were 15.2% Vermonter adults in