Excerpt by Marketing Program:
Organization Review of VNA-TIP Homecare
House healthcare and hospice suppliers pride themselves on their ability to provide the best quality care towards the most needy patients. The mission in the Visiting Health professional Associations of America (VNAA) is “to support, promote and improve non-profit providers of homecare, community into the hospice to make certain quality look after their communities” (2010). This mission is definitely the goal of hundreds of house healthcare providers around the nation. Hospice is a service that supplies an even greater need. This service is definitely provided, through Medicare funding, to individuals whom are port and have your doctor estimated lower than six months to live. Both of these companies are mostly the purview of non-profit groups funded by gift and govt grants. There are very few this sort of companies which will operate on a for-profit basis.
One of those companies is the subject matter of this review. It is important to notice that one with the guiding concepts of the VNAA is that they “supportnonprofit providers. inches This seems like a good business model because not for profit companies are viewed by many since more caring since they usually do not wish to take a profit from the individuals they serve. Yet , as will be seen by profit-seeking type of VNA-TIP, non-profits are not the only organization types which can offer quality health care and the hospice services. In actuality, the profit style may be the best possible alternative pertaining to small health-related organizations that happen to be seeing charitable contributions decline speedily.
Specific sales statistics for this organization are not obtainable because it is a privately held. The web page did not give any information besides that the company is in a “100% debt free location. With this sort of unusual leveraging, the company gets the extraordinary ability to acquire a great eight (8) figure obtain opportunity or perhaps pursue a sizable merger opportunity” (VNA-TIP). Therefore the company is relatively secure in its position, while comparable companies that work with component to their capital coming from donations or grants, may have taken a financial strike in the last couple of years. VNA-TIP is able to operate totally free from the affect of both equally outside traders and impact from charity givers. As well, this interaction tells the actual client that VNA-TIP has such a secure business design that when receives another business (which takes place quite often) it can do so as a cash-only transaction. Not only does this adds to the success of the firm, but it boosts the quality alternatives that they can give their customers.
The company began functions in the southern part of Illinois and has since expanded to eastern Missouri. The company is a visiting rns association meaning that it is a health care organization that “provides maintain all individuals regardless of complexness of disease or ability to pay” (VNAA). The company as well provides the hospice services. Both these services will probably be further comprehensive below.
This is a firm that has been growing since it joined the healthcare market in 1917. Just lately it has obtained several smaller sized companies that have made the organization the largest in eastern Missouri and the southern area of Illinois, and these acquisitions have expanded its foundation of providers. Acquired VNA of Illinois in 1999 and TIP healthcare of the southern area of Illinois in 2001. In 2005 the organization acquired a vaccination business that offers phlebotomy. VNA-TIP has more than 30 twigs, that offer many different services, and so they service 54.99 MO and IL areas.
VNA-TIP lists all the services that they can provide in their website, and in addition they explain what each of the companies entails. The hospice solutions that the business provides include “on-call RNs, in-services made available from the the hospice director, chaplains available, cultural workers and volunteers to see families” (VNA-TIP). The company is also a primary supplier of private pay services. In general, this means that the company accepts personal healthcare insurance payments, group healthcare payments or personal funds for sure services. The services offered are: Top Care – in house care and on-call assistance; Private Obligation – “a combination of encouraging services, personal care assistance, and healthcare” (VNA-TIP); Non-public Care – “bridges the gap between independent living and institutional care” (VNA-TIP); Personal Care – accredited nurses’ helps will provide personal care; Skilled Nursing; and, Rehab Solutions – physical, occupational, and speech therapy. Another services choice that VNA-TIP gives is that of 4 infusion. They are services which might be generally executed in a center by qualified nurses and physicians.
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