Search Insurance

Showing posts with label Professional. Show all posts
Showing posts with label Professional. Show all posts

Friday, September 21, 2012

Various Professional Courses in India to Take Your Career in the Right Path


The cutthroat competition in the Indian job market has led to the rising demand for various professional courses that guarantee jobs as well as career growth. Students in India are always on the lookout for job-oriented courses to boost their career further. To their delight, professional courses are now offered at both undergraduate and postgraduate levels. Each of these courses has its own eligibility criteria that students need to fulfill before taking admission into these courses. Though engineering and medical courses are the most popular ones, there are also some path-breaking courses with equal scope and prospects for students. These include architecture, law, hotel management and distance Master of Business Administration courses.

Architecture generally involves the techniques of designing and developing buildings and structures by taking into account factors, such as functionality, social and aesthetic conditions. Various courses in architecture are found in nearly all states of the country. Some of them are extremely popular all over the world. There is also the Council of Architecture, established by the Government of India, to recognize and govern the standards of architecture courses in the nation.

Various architecture programmes offered in India include Bachelor of Architecture (B.Arch.), Masters in Architecture (M.Arch.) and Doctorate in Architecture (Ph.D.). At the postgraduate level, there are also courses like Masters in Planning, Masters in Urban Design, and Masters of Urban and Regional Planning. While undergraduate programmes have a duration of 5 years that includes strong emphasis on both theoretical and practical training, postgraduate and doctorate programs are of 2 and 3years respectively. Some popular architecture institutes in India are IIT-Kharagpur, IIT-Roorkee, Jamia Millia Islamia University in Delhi, RV College of Engineering in Bangalore, Kamla Raheja Vidyanidhi Institute for Architecture and Environmental Studies (KRVIA) in Mumbai, etc.

As per the figure worked out by the Bar Council of India, more than 1,500 lawyers get themselves registered for the practice of law every year. There are many different options for making your career in law. You can take up the role of legal officers in countless law firms or business houses, apart from practicing in different courts. Various undergraduate law courses include Bachelor of Law (LL.B.) of 3 years, B.A., LL.B (Hons.) of 5 years, B.Sc., LL.B (Hons.) of 5 years and many more. The range of postgraduate professional courses is vast with Master of Laws (LL.M.), PG Diploma in Labour Laws and Labour Welfare (D.L.L. & L.W.), PG Diploma in Taxation Laws and Master of Comparative Law (M.C.L.). Further studies are also available in the form of Doctor of Laws, and Doctor of Civil Laws. You have the options of pursuing these courses in institutes like National Law School of India University in Bangalore, NALSAR University of Law in Hyderabad, National Law Institute University in Bhopal and National Law University in Jodhpur.

As India is the ultimate choice for millions of global tourists, the tourism and hospitality sector in the country is witnessing an upsurge. In the pursuit to produce efficient professionals for this booming sector, there are many professional courses in the offering. At the undergraduate level, you'll come across courses such as B.Sc. in Hotel Management, Catering Technology and Tourism, Bachelor of Hotel Management (BHM), Bachelor of Tourism Administration (BTA) and numerous 1-year diploma programmes. If you seek to pursue a course after graduation, there are courses like MBA in Tourism and Hotel Management, Master of Tourism Administration (MTA), Master in Hotel Administration (MHA) and Post Graduate Diploma in Hospital Management. You can avail these courses from institutes such as Air Hostess Academy, Amity Business School, Apeejay Institute of Hospitality and Apollo Institute of Hospital Administration.

Last but lot least, distance MBAs are most preferred professional courses by students and working executives alike due to their flexible nature. Like regular courses, these courses are available in almost all disciplines such as finance, human resource, marketing, information system, banking, insurance, international business, hospitality, retail and many more. Many open and private universities offer distance MBAs and post graduate programmes in management. IGNOU, Amity School of Distance Learning, and Annamalai University are some of the popular names.




Mr. Vikas Rathi is providing Infinite Courses, a foremost name in the arena of web sites and portals offering umbrella solution to all education related queries and dilemmas. Explore B Arch Colleges in India, Hotel Management Colleges in India, and much more.




Thursday, August 2, 2012

Managing Professional Liability Costs With Peer Review


If your hospital is like many across the nation, you're facing a crisis in being able to manage your professional liability costs in the face of rising lawsuits and rapidly increasing premiums. What's the root cause of this problem? Well obviously it's lawsuits coming from patients who have experienced sentinel events or negative outcomes such as deaths, hospital readmissions, etc. While these patients and their families are entitled to relief in certain circumstances when medical treatments go bad, the fact is that most hospital administrators are being crushed by the rise in liability costs.

If you are a hospital administrator or CEO and looking for remedies in this regard there are a number of things that you can be doing. First and foremost is taking a holistic look at your quality of care delivery system and in particular, look at your quality management system. Taking an outside assessment of your quality management system can provide insight to where your potential root causes are that are leading to sentinel events and in turn produce the kind of litigation and lawsuits that drive insurance premiums up.

These premiums don't get driven up only by actions in your own hospital but by actions across the board in all hospitals. In our litigious society today it's no secret that when people feel that a service provider (particularly in the medical environment) has wronged them, their first impulse is to find a litigious, fee hungry attorney who is willing to take on a malpractice suit or a suit against the hospital on contingency. Since it doesn't cost them anything to sue, it's very easy for them to get started.

Who bares the brunt on these costs? In general, ultimately consumers do as well as health plans, hospital providers - everybody suffers under an overly litigious system which rewards people for bringing suits against others. If you are a hospital in today's environment there is no question that liability insurance premiums are on the rise and are going to continue to escalate. The exception is those hospitals that can demonstrate the absolute best practices when it comes to quality management.

We talk to hundreds of hospitals across the country every week. In our dealings with them we've come to realize that liability insurance carriers who are protecting hospitals are increasingly either requiring or strongly recommending that their risk management professionals insist upon sending all sentinel events out for external peer review. Why is this? The fact is that hospital peer review is rapidly becoming a best practice for insuring rapid case resolution, root cause analysis of sentinel events, and illuminating conflicts of interest when it comes to insuring quality and patient safety.

It's no secret that all insurance companies expend a certain percentage of their revenues on helping their clients to improve their practices in order to reduce costs when it comes to risk management. Professional liability insurers who operate in the hospital group space are using peer review as another strategy to help their clients lower their experience ratio and improve the root cause analysis that leads to a reduction in sentinel events.

The external medical peer review process when integrated into a hospital quality management system provides an outstanding remedy to the professional liability insurance premium escalations that have now turned into a crisis in so many states across America. If you're a CEO or hospital administrator looking for ways to reduce your risk and reduce your liability premiums so that you can reduce the costs of providing services to your patients and your local population, consider an investment in an external review process every time you have a sentinel event that has a potential for litigation. Often times by sending cases out for external peer review, you can prevent any potential lawsuit by insuring that nothing was done wrong by your medical professionals and hospital staff that lead to a particular sentinel event.




Allmed Healthcare Management

Managing Professional Liability Costs With Peer Review




Monday, June 18, 2012

Questions to Consider When Procuring Professional Security Services


Why contract out security services?

I can immediately think of four reasons. First is the increased value an outsourced company brings to the table because of its professional staff and experience in the security industry. This depth and breadth of experience and knowledge is offered because of relationships with other clients that have faced the same or different challenges. The second reason is the cost. Simply put, because of the expertise and experience that the vendor brings, the financial weight of training, recruiting, hiring and providing benefits for the employees is considerably less to the client than administering these programs in-house. Third is the transfer of liability from the client to the security company. The security company bears the legal load and ramifications of particular incidents that could occur on your property. Lastly, and in my opinion, most importantly is the peace of mind an effective security company can provide so you the client can focus on the everyday business that defines you as a company.

Why Change Security Vendors?

Change vendors when the value is gone, plain and simple, but you have to know what's valuable to you as an individual client. If you have a small budget and need a low bill rate, know that's what you value. If it's superior management and executive accessibility, than know that's what you value. If it's a vendor that can accommodate a client on a national basis, than know that's what you value. When value isn't there anymore and when your vendor's program no longer represents you as a client anymore, it's time to change vendors. However, certain values have repercussions. Low bill rates will produce low wages. National vendors might not give you specific attention on a local level. And having a phenomenal program with high-end personnel combined with strong management will cost you more. You just have to know what you value the most and work off of that.

What are important things to include in an RFP?

First things first, an RFP must be designed to allow you to compare "apples to apples". This is especially important when it comes to the financial proposal from each potential vendor. To achieve this, the pricing structure must include the itemized list of costs to include wages, bill rate, necessary insurance coverage, employee benefits costs, as well as vendor overhead and supervision structure. A well defined scope of work included in the RFP will allow the vendor to completely understand the "job" requirements and price accordingly. When preparing the RFP, remember the more you specify; the more accurate and comparable the respective bids will be.

What comprises the cost of security services?

The cost of security is found in the difference between the client's hourly bill rate and the guard's hourly pay rate. That difference between bill rate and pay rate is the result of an equation based on the value of particular line items, which vary company to company. Examples of these variable items are liability insurance because it fluctuates due to claims against the individual company. Another is worker's compensation insurance which fluctuates in suit. Corporate and branch salaries, marketing, cost of bidding projects, and rent are examples of general administrative expenses that differ. Paid holidays, paid sick time, medical and dental benefits, and more are also factors. Therefore, it's important to know what the benefits are and how much they cost per individual per month in order for you to make a fair comparison of one company to another. Lastly is profit which will vary depending on the company's prerogative. Whether it's low, high or normal, it is a direct example of their business model. Security is an industry where the quality of service should dictate the cost of the program. Never should the cost of security dictate the quality of service.

What are good questions to ask security companies and why?

Four questions that quickly come to mind are the following: First, Who are your competitors? This is important because you want to know what niche a company serves. This will help you gauge whether they are the correct fit for you and your property. Second, what are the responsibilities of the salesman and his guidelines for selling work? This is important because it will reveal management structure and should address a well designed business model. You want to be treated as an appreciated client and not as a number of hours. Third, how many hours are assigned to the area manager? This question will give you an idea of attention you'll be receiving and how loud you'll have to shout to be heard. Finally, how many accounts has a company lost in the past year? This general question might be the tip of the iceberg in regards to attrition rates, wages, performance, and client satisfaction. The commitment to understanding your needs, defining them in the RFP, and asking quality questions of your vendor to produce a perfect fit is the difference between a long term value-based relationship and starting the process over and over again.

By Nick Sapia

The Guardian Force, Inc.

http://www.tgfinc.com




Nick Sapia is the Director of Business Development and an Operations Manager for The Guardian Force, Inc., a private security and concierge provider in Boston, MA.

A graduate of Northeastern Univerisity, Nick Sapia has previously worked for the Executive Office of Public Safety for Massachusetts, top law firms, and presidential campaigns. He can be contacted via email at nsapia@tgfinc.com or nsapia@sapiacorp.com