Understanding The Paramount Senior Care Services Information Technology Essay
Paramount Senior Care Services offers a ‘one-stop store ‘ services for senior occupants in the Halton and Peel Region. Harmonizing Statistics Canada study, there is an expected growing in the demand of wellness attention in Canada over the following 30 old ages, mostly due to unprecedented growing in the figure of seniors making 5.7 million by 2016. Market research conducted by Halton-Peel District Health Council indicates that Halton-Peel ‘s population is projected to increase by about half a million occupants from 2001 to 2016 with important demographic alterations, duplicating the population of seniors in the part. These alterations has a great impact on the demand for services provided by Community Care entree Centers and the strong demand to work with community spouses, like the Paramount Senior Care Services, to turn to the jutting population growing of seniors in the part.
Paramount Senior Care Services will be created as a Limited Liability company based in Mississauga, Ontario, owned by its chief investors and operators. The initial office will be established at the City Centre Drive, which is the bosom of Mississauga. Mississauga is besides place to Trillium Hospital and near to the Credit Valley Hospital which will function as referral bases for our company.
Consumers of our services will be those persons and households in demand of place wellness attention, place support services such as cleansing, minor fixs and redevelopment, and place security. These patients are normally referred by other wellness attention professionals such as doctors, societal workers, wellness attention installations, and insurance companies. Our Clinical Director has established a proved repute with wellness attention professionals in the two major infirmaries in the part, and through our representation and coaction with the community.
There are many rivals in the market, though Paramount Senior Care Services is a freshly set up concern it has a alone competitory advantage offering a “ one-stop-shop ” for senior attention: place wellness attention & A ; company ; cleaning & A ; housework services ; place fix, redevelopment & A ; care at sensible monetary value. Paramount Senior Care Services is supplying the senior and households the benefits of life in an aided installation in the comfort of their ain places. Our value proposition is to offer quality, personalized, customized attention, support and aid to seniors and households to assist them keep their independency at the comfort of their ain places at sensible cost.
Paramount Senior Care Services is incorporated as a partnership. The primary laminitis, Severina Saliva-Parayaoan, is a alumnus of Humber College Business School with post-graduate certification in Global Business Management, every bit good as Bachelor ‘s Degree in Business Administration major in Accounting ; with over 10 old ages of experience in concern development, direction and disposal. The partnership includes a non-managing spouse, Ben Dimaano, who will assist with initial support and retain a minority interest. The other managing spouse, who is the company ‘s Clinical Director, is Arlyn Guardon, RN with over 10 old ages experience as Case Manager and Clinical Director of place attention bureaus.
The company intends to take on debt in the signifier of a five-year loan at the prevalent involvement rate, and has no program for extra debt as growing will be financed chiefly through hard currency flow. Our fiscal program assumes 100 % gross revenues on recognition as OHIP and other private insurance companies historically pay on 30-day footings or longer. In this respect sufficient hard currency on-hand at start-up of the operation will assist to forestall any jobs with hard currency flow.
Paramount Senior Care, Inc. initial squad will dwell of one Administrative Director, one Clinical Director, three employees, contracted health professionals and housewifes, and a contracted bureau to carry through the demand for Physical Therapists, Occupational Therapists, and Speech Therapists. Initially, both directors will besides supply direct service.
Severina Saliva-Parayaoan has a Bachelor ‘s Degree in Business Administration major in Accounting and presently completing a post-graduate certification in Global Business Management. She has over 10 old ages experience in concern development, direction and disposal. She will supply all administrative way and will execute most of the administrative maps with aid from the Administrative Assistant. She will besides oversee housekeeping service.
Arlyn Guardon is a registered nurse and has experience as a Skilled Nurse and Care Manager for a Home Health Agency will the Clinical manager. She will besides supply direct nursing services during the initial phases of the concern, every bit good as oversing the nursing and caregiver staff. As the demand for the service suppliers grows, both directors will presume primary functions in direction and will depute direct service to employees.
Paramount Senior Care Services Inc. has no current direction spread ; our program is to engage service suppliers merely as growing demands. Job description has been written for each place. An employee enchiridion will be developed prior to get down of operation.
The followers is an account of forces demands, costs, and benefits as listed in the Personnel tabular array. The projections for the following three old ages are based on minimum growing in client base and there is no ensuing impact on paysheet of full-time employees due to increased hours of service. Increase in cost of life is noted for all employees but does non impact the Administrative Director as she is the proprietor of the concern and will recognize addition through net income additions.
Administrative Director- This place will be held by Severina Saliva-Parayaoan. Owners compensation will be made in the signifier of a draw and will non include paysheet revenue enhancements, cost of insurance, etc. , as these costs will be assumed by the proprietor.
Clinical Director- this place will be held by Arlyn Gardon, who has prior experience as Case Manager for a place wellness bureau in Mississauga Owners compensation will be made in the signifier of a draw and will non include paysheet revenue enhancements, cost of insurance, etc. , as these costs will be assumed by the proprietor.
Administrative Assistant- this place is based on 40-hours per hebdomad reimbursed at $ 12.00 per hr. Initially there will be no benefits attached to this place except for two hebdomads of paid personal leave and paid vacations to be used at the discretion of the employee with anterior notice and blessing of the Administrator.
Skilled Nurse- this place will be paid $ 20.00 per hr for direct service hours. Initially there will be no benefits attached to this place except for two hebdomads of paid personal leave and paid vacations to be used at the discretion of the employee with anterior notice and blessing of the Administrator.
Nurse ‘s Aide- This place will be paid for $ 12.00 per hr for direct service hours. Initially there will be no benefits attached to this place except for two hebdomads of paid personal leave and paid vacations to be used at the discretion of the employee with anterior notice and blessing of the Administrator.
Home Care Support- This place will be paid for $ 10.25 per hr for direct service hours. Initially there will be no benefits attached to this place except for two hebdomads of paid personal leave and paid vacations to be used at the discretion of the employee with anterior notice and blessing of the Administrator.
Physical therapist/Occupational Therapist/Speech Therapist- these places will be contracted at a rate of $ 30.00 per hours. There will be no benefits attached to these places as they are contracted on a fee-for-service reimbursement merely.