One of the fraud cases that is becoming very common in nursing homes is that the patients are charged wrong amounts for the services that they acquire from the nursing home. The patient generally comes with some disease to seek medical attention. The nursing home raises fraud cases by advising unnecessary tests and procedures to be done on the patients. These tests or procedures may not be required for the patient. As the patient is limited in knowledge, the tests and procedures are done on the patient while charging the patient with a heavy amount of bill.
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Pharmacy Service Improvement at CVS (A) [10 Steps] Case Study Analysis & Solution
The resulting strategic objectives put the retail pharmacy corporation in direct correspondence with customers, especially in the operations of its MinuteClinic subsidiary. Formerly known as CVS Corporation and CVS Caremark Corporation, the enterprise supports the fulfillment of its corporate mission and vision statements through its strategic position as one of the dominant competitors in the healthcare and retail pharmacy markets in the United States. The company extends its operations beyond the United States, such as in retail pharmacy operations in the Brazilian market via business acquisition. CVS Pharmacy and related subsidiaries of CVS Health Corporation share the same corporate mission and vision statements that place value on sustaining the health of target consumers. For example, CVS Pharmacy stopped selling tobacco to focus on medicines and personal care products. This strategic move is partly a response to criticisms about the sale of tobacco by a retailer that also sells products for health problems related to tobacco consumption. In fulfilling its corporate vision, the competitive strengths outlined in the SWOT Analysis of CVS Health Corporation need to be developed or at least maintained to keep competitiveness against firms like Walgreens.
Pharmacy Service Improvement at CVS (A) Case Study Analysis & Solution
On the other hand, the external analysis component of the SWOT analysis model shows that the opportunities and threats relevant to the enterprise are primarily related to potential business growth and expansion, competition, and regulation. The internal and external factors pertinent to the healthcare and retail pharmacy enterprise apply to the parent company and its subsidiaries, including CVS Caremark. Considering Michael E. The CVS brand is a major strength and core competency that empowers the company against its main competitors.
According to the filed work results made by PSI team, we know that approximately one In four scripts experienced a problem at some point In fulfillment process. An inefficient process would lead to a poor pharmacy service which would depress the recent customer. We know come up with solutions to deal with the problems now exist In the CVS fulfillment process.