Tushar tanwar cds

Fixed pricing for healthcare services is emerging as an attractive business model for private healthcare service providers. Under fixed pricing (or flat rate) contract, the patient is charged a fixed price for the healthcare services irrespective of the actual cost incurred by the hospital. Such contracts increase the risks for the healthcare service provider, thus making pricing decision crucial. In this paper, we study uncertainty and analyse the flat rate pricing contract for a profit maximising hospital to find the optimal price of treatment and examined value-at-risk (VaR) associated with such contracts for a risk minimising hospital. Bounds on price were derived to support healthcare providers with price negotiations. We extended the basic models by adding constraints to obtain risk-adjusted optimal price. We proved analytically that the optimal price lies between profit maximisation value and risk minimisation value of price, which we refer to as the efficient pricing interval. Our models and insights provide practical support to private healthcare service providers for optimal pricing and keep them informed about their risk position. Suggested Citation Download full text from publisher File URL: http://hdl.handle.net/10.1080/01605682.2019.1654416 Download Restriction: Access to full text is restricted to subscribers. File URL: https://libkey.io/10.1080/01605682.2019.1654416?utm_source=ideas LibKey link: if access is restricted and if your library uses this service,...

The paper investigates the diversified patterns of outsourcing in the Lombardy region and relates them to the probability of introducing product and process innovation. Based on a large firm-level survey, we show that outsourcing processes are strongly regionally embedded and that offshoring is still a limited phenomenon. Outsourcing strategies are shown to have a positive impact on firms’ innovation. In particular, the outsourcing of service activities contributes the most to innovation, thus suggesting that firms successfully pursue core strengthening strategies. Our econometric estimates show that both geographical and organizational proximity matter. Indeed, the positive association of services with innovation is strongly related to their regional dimension, which points toward the importance of local user-producer relationships. When outsourcing crosses national borders, keeping the outsourced activities at least loosely connected to the firm appears critical, as offshoring to ... In analyzing the relationship between outsourcing and firm performance, different authors have studied the effects that outsourcing can have on the firm. Even if we establish an initial link between outsourcing and representative measurements of the results achieved through cost savings or the creation of greater market value, no author seems to have established a precise relationship between outsourcing and the most representative measures of company performance (organizational and business...

With the advent of globalisation, outsourcing has become one of the key strategic initiatives of firms in order to have a competitive advantage. Increasing globalization has made companies focus more on their outsourcing decisions . Moving beyond the tactical companies has begun to incorporate outsourcing as a strategic weapon in their armory'. Companies are thinking about outsourcing at a more general strategic level: 'more and more companies are formulating and disseminating corporate-wide strategies for guiding outsourcing and offshoring decisions' . Furthermore, firms are 'integrating offshoring decisions into the overall corporate strategy' . Although there are benefits associated with outsourcing, there have been a number of studies in the extant literature on the shortcomings of outsourcing. Also, different studies have indicated cost savings as the single most important factor for outsourcing. However there are varied theoretical perspectives on outsourcing. The objective of... The paper investigates the diversified patterns of outsourcing in the Lombardy region and relates them to the probability of introducing product and process innovation. Based on a large firm-level survey, we show that outsourcing processes are strongly regionally embedded and that offshoring is still a limited phenomenon. Outsourcing strategies are shown to have a positive impact on firms’ innovation. In particular, the outsourcing of service activities contributes the most to innovation, th...

Fixed pricing for healthcare services is emerging as an attractive business model for private healthcare service providers. Under fixed pricing (or flat rate) contract, the patient is charged a fixed price for the healthcare services irrespective of the actual cost incurred by the hospital. Such contracts increase the risks for the healthcare service provider, thus making pricing decision crucial. In this paper, we study uncertainty and analyse the flat rate pricing contract for a profit maximising hospital to find the optimal price of treatment and examined value-at-risk (VaR) associated with such contracts for a risk minimising hospital. Bounds on price were derived to support healthcare providers with price negotiations. We extended the basic models by adding constraints to obtain risk-adjusted optimal price. We proved analytically that the optimal price lies between profit maximisation value and risk minimisation value of price, which we refer to as the efficient pricing interval. Our models and insights provide practical support to private healthcare service providers for optimal pricing and keep them informed about their risk position. Suggested Citation Download full text from publisher File URL: http://hdl.handle.net/10.1080/01605682.2019.1654416 Download Restriction: Access to full text is restricted to subscribers. File URL: https://libkey.io/10.1080/01605682.2019.1654416?utm_source=ideas LibKey link: if access is restricted and if your library uses this service,...

With the advent of globalisation, outsourcing has become one of the key strategic initiatives of firms in order to have a competitive advantage. Increasing globalization has made companies focus more on their outsourcing decisions . Moving beyond the tactical companies has begun to incorporate outsourcing as a strategic weapon in their armory'. Companies are thinking about outsourcing at a more general strategic level: 'more and more companies are formulating and disseminating corporate-wide strategies for guiding outsourcing and offshoring decisions' . Furthermore, firms are 'integrating offshoring decisions into the overall corporate strategy' . Although there are benefits associated with outsourcing, there have been a number of studies in the extant literature on the shortcomings of outsourcing. Also, different studies have indicated cost savings as the single most important factor for outsourcing. However there are varied theoretical perspectives on outsourcing. The objective of... The paper investigates the diversified patterns of outsourcing in the Lombardy region and relates them to the probability of introducing product and process innovation. Based on a large firm-level survey, we show that outsourcing processes are strongly regionally embedded and that offshoring is still a limited phenomenon. Outsourcing strategies are shown to have a positive impact on firms’ innovation. In particular, the outsourcing of service activities contributes the most to innovation, th...

Fixed pricing for healthcare services is emerging as an attractive business model for private healthcare service providers. Under fixed pricing (or flat rate) contract, the patient is charged a fixed price for the healthcare services irrespective of the actual cost incurred by the hospital. Such contracts increase the risks for the healthcare service provider, thus making pricing decision crucial. In this paper, we study uncertainty and analyse the flat rate pricing contract for a profit maximising hospital to find the optimal price of treatment and examined value-at-risk (VaR) associated with such contracts for a risk minimising hospital. Bounds on price were derived to support healthcare providers with price negotiations. We extended the basic models by adding constraints to obtain risk-adjusted optimal price. We proved analytically that the optimal price lies between profit maximisation value and risk minimisation value of price, which we refer to as the efficient pricing interval. Our models and insights provide practical support to private healthcare service providers for optimal pricing and keep them informed about their risk position. Suggested Citation Download full text from publisher File URL: http://hdl.handle.net/10.1080/01605682.2019.1654416 Download Restriction: Access to full text is restricted to subscribers. File URL: https://libkey.io/10.1080/01605682.2019.1654416?utm_source=ideas LibKey link: if access is restricted and if your library uses this service,...

Fixed pricing for healthcare services is emerging as an attractive business model for private healthcare service providers. Under fixed pricing (or flat rate) contract, the patient is charged a fixed price for the healthcare services irrespective of the actual cost incurred by the hospital. Such contracts increase the risks for the healthcare service provider, thus making pricing decision crucial. In this paper, we study uncertainty and analyse the flat rate pricing contract for a profit maximising hospital to find the optimal price of treatment and examined value-at-risk (VaR) associated with such contracts for a risk minimising hospital. Bounds on price were derived to support healthcare providers with price negotiations. We extended the basic models by adding constraints to obtain risk-adjusted optimal price. We proved analytically that the optimal price lies between profit maximisation value and risk minimisation value of price, which we refer to as the efficient pricing interval. Our models and insights provide practical support to private healthcare service providers for optimal pricing and keep them informed about their risk position. Suggested Citation Download full text from publisher File URL: http://hdl.handle.net/10.1080/01605682.2019.1654416 Download Restriction: Access to full text is restricted to subscribers. File URL: https://libkey.io/10.1080/01605682.2019.1654416?utm_source=ideas LibKey link: if access is restricted and if your library uses this service,...

With the advent of globalisation, outsourcing has become one of the key strategic initiatives of firms in order to have a competitive advantage. Increasing globalization has made companies focus more on their outsourcing decisions . Moving beyond the tactical companies has begun to incorporate outsourcing as a strategic weapon in their armory'. Companies are thinking about outsourcing at a more general strategic level: 'more and more companies are formulating and disseminating corporate-wide strategies for guiding outsourcing and offshoring decisions' . Furthermore, firms are 'integrating offshoring decisions into the overall corporate strategy' . Although there are benefits associated with outsourcing, there have been a number of studies in the extant literature on the shortcomings of outsourcing. Also, different studies have indicated cost savings as the single most important factor for outsourcing. However there are varied theoretical perspectives on outsourcing. The objective of... The paper investigates the diversified patterns of outsourcing in the Lombardy region and relates them to the probability of introducing product and process innovation. Based on a large firm-level survey, we show that outsourcing processes are strongly regionally embedded and that offshoring is still a limited phenomenon. Outsourcing strategies are shown to have a positive impact on firms’ innovation. In particular, the outsourcing of service activities contributes the most to innovation, th...

The paper investigates the diversified patterns of outsourcing in the Lombardy region and relates them to the probability of introducing product and process innovation. Based on a large firm-level survey, we show that outsourcing processes are strongly regionally embedded and that offshoring is still a limited phenomenon. Outsourcing strategies are shown to have a positive impact on firms’ innovation. In particular, the outsourcing of service activities contributes the most to innovation, thus suggesting that firms successfully pursue core strengthening strategies. Our econometric estimates show that both geographical and organizational proximity matter. Indeed, the positive association of services with innovation is strongly related to their regional dimension, which points toward the importance of local user-producer relationships. When outsourcing crosses national borders, keeping the outsourced activities at least loosely connected to the firm appears critical, as offshoring to ... In analyzing the relationship between outsourcing and firm performance, different authors have studied the effects that outsourcing can have on the firm. Even if we establish an initial link between outsourcing and representative measurements of the results achieved through cost savings or the creation of greater market value, no author seems to have established a precise relationship between outsourcing and the most representative measures of company performance (organizational and business...

Fixed pricing for healthcare services is emerging as an attractive business model for private healthcare service providers. Under fixed pricing (or flat rate) contract, the patient is charged a fixed price for the healthcare services irrespective of the actual cost incurred by the hospital. Such contracts increase the risks for the healthcare service provider, thus making pricing decision crucial. In this paper, we study uncertainty and analyse the flat rate pricing contract for a profit maximising hospital to find the optimal price of treatment and examined value-at-risk (VaR) associated with such contracts for a risk minimising hospital. Bounds on price were derived to support healthcare providers with price negotiations. We extended the basic models by adding constraints to obtain risk-adjusted optimal price. We proved analytically that the optimal price lies between profit maximisation value and risk minimisation value of price, which we refer to as the efficient pricing interval. Our models and insights provide practical support to private healthcare service providers for optimal pricing and keep them informed about their risk position. Suggested Citation Download full text from publisher File URL: http://hdl.handle.net/10.1080/01605682.2019.1654416 Download Restriction: Access to full text is restricted to subscribers. File URL: https://libkey.io/10.1080/01605682.2019.1654416?utm_source=ideas LibKey link: if access is restricted and if your library uses this service,...