Coordination helps to improve the efficiency of operations by avoiding overlapping efforts and duplication of work. More than 50 million students study for free with the Quizlet app each month. Coordination of benefits (COB) allows plans that provide health and/or prescription coverage for a person with Medicare to determine their respective payment responsibilities (i.e., determine which insurance plan has the primary payment responsibility and the extent to which the other plans will contribute when an individual is covered by more than one plan). For example, two agencies might come together in a locality to form a single integrated entity, which is given a new name. This is the synergetic effect coordination. Co-ordination ensures unity of direction through arranging spontaneous collaboration on the part of different departments. By welding together different departments and sections into one entity, coordination ensures the stability and growth of an organisation. Benefits. It enables the executives to see the enterprise as a whole instead of narrow sectional goals. Coordination may also help to reduce unnecessary duplication. 2. The Advantages of Coordination of Benefits Finance Articles | January 9, 2012 There have been some rumors and reports that just like insurance companies, people under many healthcare subrogation plans also try to gain the maximum amount by separately claiming the money. You … These advantages can produce excellent results for any … Coordination often results in increased knowledge and communication among the staff of coordinated agencies. PreserveArticles.com is a free service that lets you to preserve your original articles for eternity. Some of the advantages of coordination training to mental health and brain function include: Enhancing memory and improving concentration Stimulating the release of endorphins that are considered beneficial in inducing relaxation of the mind. Theories/Speculation. 7 Importance of Communication in Management. Coordination fosters loyalty and commitment among employees. In summary, agencies may benefit from coordination in a variety of ways. According to Mary Parker Follett, “the first test of a business administration should be whether you have a business with all its parts so coordinated, so moving together in their closely knit and adjusting activities, so linking, inter-locking, inter-relating, that they make a working unit that is not a congenis of separate pieces, but a functional whole or integrated unit”. List of Advantages of a Coordinate Measuring Machine 1. In some cases, it is simply because coordination results in more effective and efficient delivery of services to clients, providing a clear point of contact for referrals and streamlined procedures. 3. The advantages of the corporation structure are as follows: Limited liability.The shareholders of a corporation are only liable up to the amount of their investments. … Our mission is to liberate knowledge. Coordination is the force that binds all the other functions of management. Increased Knowledge and Communication Among Agency Staff. Before publishing your Article on this site, please read the following pages: 1. Advantages of Coordination in Management Informal and good relations: being a communication system at the same level, it facilitates the exchange of ideas, knowledge and thoughts between the different departments. Coordination helps to ensure unity of action in the face of disruptive forces. Quizlet is the easiest way to study, practice and master what you’re learning. Benefits of Hand Eye Coordination. What are the Advantages of a Corporation? Coordination is the common thread that runs through all activities such as – purchase, production, sales, and finance to ensure continuity in the working of the organisation. Improved Image with Clients, Employers, and the Community. This approach can realize time savings both for the agency and the client. Copyright. Privacy Policy Organizational strategies that facilitate coordination, such as state and local level contracts, co-location of staff, and joint planning affect the daily interactions and job responsibilities of staff. Through coordination, some agencies improve their image with clients, employers, and the public-at-large. The success of organized Endeavour depends upon the quality of coordination. This enhances the effectiveness and stability of the organisation. The benefits of care coordination during transitions in care. Coordination encourages team spirit. 2. 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