term paper on pricing
TRANSCRIPT
Term Paper on
Sustainable business practice of Square Hospital in Health care
Prepared for: Md. Nazmul Hossain Lecturer
Department of MarketingUniversity of Dhaka
Prepared by:Millennium Stars
Section: B15th Batch
Department of MarketingUniversity of Dhaka
Date: May 2, 2012
Mi l lennium Stars
Name ID
Niaz Mehedi 174
Md. Moshiur Rahman 170
Mehedi Hasan Shakil 058
Muhammad Hasan 156
Syed Shahreaz Ahmed 076
Table of Contents
Contents Page no.
Letter of Transmittal 1Acknowledgement 2Executive Summary 3Body Part of the Term paper
About Square HospitalVisionMissionWhat drives Square?
Services provided by Square Hospital
Patient Facilities
Service SupportSocial, Economic & Environmental Activities of Square HospitalSocial, Economic & Environmental Activities of abroad hospitals
Recommendations on sustainable business of Square Hospital
ConclusionReferences
Let te r of Transmi t ta l
2 May, 2012Md. Nazmul HossainLecturerDepartment of MarketingUniversity Of Dhaka
Subject: Term Paper on Sustainable Business Practice of Square Hospital in Health care
Dear Sir,Here is the term paper you requested on ‘Sustainable Business Practice in Health Care’.In making this term paper, we got familiar with different sustainable business practices by the heath care units throughout the world. We tried to illustrate the green approaches of health care units on economic, social & environmental field. Our term paper also includes some recommends.We are pleased to provide you this term paper with necessary notes, references and we will be available for any clarification, if required.
Yours trulyMillennium StarsB.B.A 15th batchDepartment of MarketingUniversity Of Dhaka
Acknowledgement
In the different steps of preparing the term paper, we thank our course teacher Md. Nazmul Hossain, who provides us guidelines and materials to prepare the term paper. We also thank him for assigning us such a practical term paper.
It was a great pleasure from our classmates from whom we received cordial
guidance, suggestions for preparing this term paper, specially our class
representative who provided us information about the procedure in making
this report.
At last, we thank Computer lab assistant Bappi who provided us important
tips in using various computer applications, software in preparing this term
paper. We also thank the lab assistant of Accounting Department.
Execut ive Summery
The upcoming term paper is about the sustainable business practices of Square Hospital in Health Care.
For this purpose, it was the first step to collect the necessary information
from the internet. Most of data is collected from secondary sources but us
Also discussed our matters to some professionals.
In the next step, we have determined the different aspects of sustainable business practice in health care.An expert analysis in this purpose also conducted. Besides, we have focused
on some websites.
We were successful in highlighting the sustainable business practice inHealth care.
At last we summarize major findings of the term paper and a conclusionwas provided in it
About Square Hospital
Square Hospitals Limited, a concern of Square Group is a 320-bed tertiary care hospital. The hospital is an affiliate partner of Methodist Healthcare, Memphis, Tennessee, USA, Sing Health, Singapore, Bangkok Hospital Medical Centre, Thailand and Christian Medical College, Vellore, India. A lot of physicians have joined from CMC-Vellore, India. Bangladeshi Physicians with impeccable reputation are also part of the medical team. Huge emphasis has been made on quality nursing services, as we have trained over a hundred nurses for over a year. We have nurse educators from Australia, UK, India and the Philippines. Nurses and technicians have already received training from CMC-Vellore which continues to be an on- going process. Square Hospital is located in the heart of Dhaka and aims to serve greater portion of the capital city. At present it comprises of two buildings on either side of Panthapath connected by an over-bridge. The main hospital building is 18 stories and is approximately 450,000 sq.ft. The second building (ASTRAS) is located across the street and is 16 stories with 136,000 sq.ft. The second building is expected to be operational by 2011. Both facilities are constructed in accordance with US Fire and Building safety standards The outpatient department of this hospital can serve up to 1200 patients daily, through 60 examination rooms. To ensure optimum healthcare-hospitality, the patients are closely monitored in their waiting times in outpatient clinics, emergency and admissions.
Vision
Our vision is that Square Hospital will become the location of choice for Bangladeshis and people of South and Southeast Asia for quality healthcare and an integrated centre for clinical services, medical and nursing education and research.
Mission
Deliver QUALITY health care within 5 CORE standards Adhering to high ethical and moral standards at all times Making service quality top priority in all we do Training staff to work within a quality care environment Providing quality health care service in all processes
What drives Square?
The relentless pursuit for excellence; the urge to never stand still, to never
slow down and to never stop thinking.
SQUARE believes in continuous innovation and progress. Its endeavor is to
bring the best minds together in a uniquely rich and stimulating
environment.
Strength in diversification:
Today SQUARE is a corporate giant active in divergent business and
industrial fields. Its present unassailable status is the outcome of its
successful diversification.
Services provided by Square Hospital
Square Hospital aims to provide unparallel service to the people of Bangladesh by delivering the highest possible level of care. For this, huge investment has been made on equipment and technology. We have successfully recruited about 30 consultants from USA, UK and quality hospitals from Middle East.
About half a dozen physicians are coming from CMC, Vellore. Bangladeshi physicians with impeccable reputation are also a part of the medical team. Huge emphasis has been made on quality nursing services, for which we have trained over a hundred nurses for more than a year. We have nurses educators from Australia, UK, India and the Philippines. Nurses and technicians have already received training from CMC Vellore and it continues to be an on-going process. Medical services will be provided as both outpatient and inpatient services as well as Ambulance Service. Dental services are also incorporated within the medical services.
Patient Facilities Accommodations Bill of rights Cafeteria Facilities Facilities Meal Provision Others Pharmacy Playground Roof Top Garden Room category
Service Support Professional USA-standard housekeeping & cleaning services 24-hours pharmacy services Convenient & secured car parking garage Full-service cafeteria & snacks cafe Computer info access USA-standard safety & security system Prayer rooms Ground Ambulance Service: A fleet of total 6 ambulances, which
includes state of the art Mercedes Benz Ambulances with all cardiac life support and ICU facilities
Square Air Ambulance Helicopter (a brand new Bell 407, USA): It has been specially adapted for its purpose, to enable patients to be treated to the standard of an intensive care unit in flight
The only fully functional Helipad on the roof of Square Hospital and an exclusive entrance to Emergency Department
All hospital services are carried out with the support of the Hospital Information system, especially tailored to meet the requirements of our staff and patients.
Social, Economic & Environmental Activities of Square Hospital
Square Hospital is one of the leading private medical service providers of Bangladesh. It performs different social, economical & environmental activities.
The social activities of Square Hospital are of many types. They operate
their social actives through various campaigns. Such as:
Creating health awareness through bill boards & advertisements.
Daycare center for the infants of the employees.
Making prescription drugs affordable for seniors
Covering preventive services with no deductible or co-pay
Removing lifetime limits on health benefits
Creating new coverage options for individuals with pre-existing
conditions
Economical activities of square Hospital:
Provides discount for regular medical health care. Fair treatment for poor patients. Compensation packages for maltreatment patients.
Environmental activities Square Hospital:
• They plant trees in road dividers • Beautification of the roads through building different sculptures.• Building awareness against sound & air pollution• They maintain proper procedures for medical garbage decomposition.• Maintains healthy environment within the hospital compound.
Social, Economic & Environmental Activities of abroad hospitals:
The internationally renowned hospitals have used the good Corporate
Citizen model as a broad framework for activities in this area. The model includes six main areas:
Transport Procurement Facilities Management Employment and Skills Community Engagement Buildings.
There are also some underlying themes which extend across a number of these areas for example –
• carbon reduction• partnership working
• reducing inequalities
• Health improvement.
Support Programs
The nurses and allied health professionals recognize the value of community support services and are dedicated to facilitating their success through the donation of their time, energy and expertise. These programs include:
Parkinson’s Support Group Multiple Sclerosis Support Group
The Den for Grieving Kids
Substance Abuse Recovery Programs
Psychiatric Treatment Center
Cancer/Oncology Programs
The Tender Beginnings
Healthy Living Connection
Recommendations on sustainable business of Square Hospital:
• Medical treatments for senior citizens: There are many old homes for senior citizens of the country. The medical facilities in these places are not up to the mark. Here the Square hospital authority can sign an agreement with the old home authorities to take the medical responsibilities of the senior citizens.
Under this agreement, they will be responsible for any sort of medical treatments with a minimum cost.
This will help them to build a positive image & chance to contribute for the society.
They can access the maximum potential customers without massive competition.
• Blood Donation waiver :
The Square Hospital authority can offer waiver for the regular blood donor. Under this waiver they can offer minor medical services for blood donor in exchange of blood collection.
We know a man can donate blood four times a year. The blood of the regular donors will be stored in the blood bank of the Square Hospital. This blood will be available for patients of this hospital.
In return, the donors will get minor medical facilities such as Fever, Cold, Cough etc. Moreover, they will also get discount for medical checkups.
Incentives for new born child:
The Square Hospital authority can introduces an incentive package for the children born in the hospital. Under this incentive package the infant will get necessary medical treatments and tips at a reduced cost up to one year age.
As we know a new born infant needs utmost care and health tips for better growth. This package can attract the pregnant mothers as they are always concerned about the new born child.
This will attract a wide variety of customers.
• Awareness build up & medical check ups for female students:
The teen age female student’s needs special counseling on the change their body undergoes. The hospital can arrange such counseling.
The hospital authority can introduce medical check up packages for female student to diagnosis diseases like breast cancer, uterus cancer & other feminine diereses.
Conc lus ion
Square Hospitals Limited, a concern of Square Group is a 320-bed tertiary care hospital. It is located in the heart of Dhaka and aims to serve greater portion of the capital city. The outpatient department of this hospital can serve up to 1200 patients daily, through 60 examination rooms. To ensure optimum healthcare-hospitality, the patients are closely monitored in their waiting times in outpatient clinics, emergency and admissions.
In the term paper, we have suggested some sustainable business recommendations for Square Hospital. By using these recommendations they can build a positive image through sustainable business practice.
References
1. www.squarehospital.com2. www.wikipedia.com3. www.information-management.com &4. Google.com