Summary of Psychiatric Journal Article Example | Topics and Well Written Essays - 500 words

Summary of Psychiatric Journal - Article Example The researchers make an extensive review of the literature on hourly rounds of nurses and seek to apply its positive outcomes to mental healthcare settings as well. The researchers take special efforts to distinguish hourly rounds from frequent checks by the nurses; the latter simply seeks to ensure patient safety while hourly rounds aim at establishing a â€Å"one-to-one verbal interaction to evaluate a patient’s comfort and needs† (Moran et al, 2011, p. 23). The researchers seek to measure the outcome or success of hourly nursing rounds by analyzing patient satisfaction scores, the variance in the number of patient requests at the nurses’ station as well as the number of complaints made by patents (Moran et al, 2011, p. 24).  The pilot study emphasizes that both patients and nurses benefitted from hourly rounds on psychiatric wards. The findings reveal that hourly rounds not only equip nurses to better identify individual problems of patients but also has a d ramatic positive impact on patient satisfaction levels. The article clearly demonstrates how hourly rounds brought about remarkable changes in all pilot units: the overall patient satisfaction improved considerably while there had been a significant decrease in the requests made by patients at the nurses’ stations (Moran et al, 2011, p. 25).  The conclusions are drawn from the pilot study display the positive impact of hourly nursing rounds in mental health inpatient settings. The results of the study show that hourly nursing rounds increase patients’ satisfaction, nurses’ prompt responses to patient requests, and result in greater sharing of nurses’ information about medications† (Moran et al, 2011, p. 26). However, the study also emphasizes that hourly round methods need to vary from unit to unit depending on the needs and requirements of patients.  

Real estate and capital structure decisions- Lease versus Buy Analysis Essay

Real estate and capital structure decisions- Lease versus Buy Analysis - Essay Example If the study proves to be promising, that the company will most likely to expand in 2-3 years, the idea of buying a space could then be possible---but it still might not be the best option. Company expansion may not even mean an extension of the same space. It would sometimes be practical, and this is what most businessmen prefer, to rent a space from a different area. This aims to win a different market and could then maximize company profits, or at times, if it is not a marketing company, this option will give its clients an option on which office is more accessible. Another factor is the present company financial status on the STL’s immediate needs. Having a twenty full-time staff, STL could then be considered as a small enterprise, and its financial statements show that STL is not earning a quite impressive profit; in fact, the statement indicates that the company will be immediately affected of the lease rent increase. Below is an illustration of a basic computation to determine the distinction on the lease expense and the purchase option. The trading company is currently paying an annual amount of HK$970,000 or HK$80,833.333 every month, whereas, an additional ten percent would require the company to spend HK$1,067,000 every year or HK$88916.667 each month. This amount, when multiplied by 10, would make the company an allotment of HK$10, 670,000. Please note the possibility of another increase for the lease. This would be dependent on the length of time of the contract, if STL has a 10-year lease contract it is not likely to endure another price rise. The amount, however, was multiplied by ten, for the anticipation of a ten- year-mortgage should the company decide to purchase its own space. The interest would depend on the market and economy; however, it is evident that the purchase price does not have a great difference in amount. The purchase