Description
ABC Hospital is a small, privately owned community hospital. It has been struggling to survive financially, as reimbursement rates have declined and consumers are being drawn to the larger state-of-the-art hospital facilities in urban areas that are perceived to have better quality. ABC Hospital was built in 1960 and has been operating in the same manner for many decades. The hospital meets legal and regulatory requirements but has not kept pace with some of the newer technologies and patient conveniences becoming more prevalent in the health care industry.
Discuss the following with the class:
1. What strategies can the organization take to survive, improve its performance, and compete with other hospitals over the next 5 years? 150-200 words
2.What are some advantages or disadvantages of these strategies? Provide specific examples to support your answers. 150-200 words
Explanation & Answer
check the assignment
Running head: ABC HOSPITAL
1
ABC Hospital
Name
Institution
ABC HOSPITAL
2
ABC Hospital
What strategies can the organization take to survive, improve its performance, and
compete with other hospitals over the next 5 years?
The hospital has a huge problem and if the problem is not handled it will have to close its doors.
The hospital requires putting things together and having a plan that would ensure they have
modernized facilities. Through this they would ensure that, the ki...
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