The Business Case for Investing in Hospital Management Software Research 2022

The Business Case for Investing in Hospital Management Software

Part 1
Understanding the operation of private hospital in Australia
The private healthcare system in Australia is managed and owned by pharmacies, allied
health, specialist medical and private hospitals. They provide affordable, quality and safe health-
related services to residents of Australia. These private hospitals are funded by different
organizations such as health organizations, non-governmental organizations, private funding, and
also by people who pay directly for their treatment. Private health cares are regulated by
Australian government.
Business analysis of St. Cuthbert
St. Cuthbert has provided a variety of services related to healthcare to people of Australia
with their highly qualified professionals such as physiotherapists, dentists, cardiologists,
dermatologists, and doctors. Various challenges that are faced by St. Cuthbert’s such as the
improving cost of technology, demographic changes, constraint relating to budget in improving
and maintaining the healthcare. According to Eldridge, Onur & Velamuri, (2017), there are also
other issues such as lack of funding arrangement, issues relating to medical research in private
hospitals. The public healthcare systems are highly funded by the territory and state government
and also from the governmental organization but the private health cares are not funded by any
government. As opined by Mundy et al. (2019) to achieve the strategic objective in medical
research St. Cuthbert has to face with scarcity of resources and funds. To provide better services
to their patients they need innovative technologies so that they would be able to cure deadliest
diseases.
The hospital needs to follow the ethical codes given by AMA and also compliance with
the guidelines given by APHRA. The experts and the doctors would be accountable and

answerable to patients and their relatives in case of any negligent activities. Some ethical
requirements have to be considered by St. Cuthbert’s such as they have to maintain patient
confidentiality, and they are also not allowed to make any personal relationship with them. As
per the AMA guidelines, the hospital cannot release any information of patients to any third
party. If any sexual relationship found between the doctors and patients then the license of the
professionals will be canceled due to violation of the AMA guidelines. If any patient is harmed
due to defective products or medical equipment then the professionals will be sued and will be
fined with penalty or punishment. This health care provides many services such as general
surgery, dental services, orthopedic surgery, nutritional counseling, physical therapy, hospice
care, drug treatment, mental care, and other basic services.
There are different other services apart from medical services that are rendered by this
healthcare such as
 Rehabilitation care
 Helping the patient with oral hygiene, continence, grooming, and dressing
 Assisting to recover from physical injury or cognitive impairment
 Companionship
Key stakeholders
Major stakeholders of St. Cuthbert’s are pharmaceuticals companies, insurance
companies, physicians, Australian government, patients, employers, and governmental
intermediaries. The pharmaceuticals firms make agreements with the hospital that the doctors
will prescribe to acquire or purchase the medicine or medical equipment to their patients from
their pharmaceutical companies only. The insurance companies will pay commission to the
hospital if they sell any of their insurance coverage to their patients; doctors will provide medical
treatment and medical care while patients are those who receive the services (Tham, 2018).