Improving the Financial Performance of Middlefield Hospital

Improving the Financial Performance of Middlefield infirmary As chief operating officer of Middlefield Hospital, I feel confident in the direction our set is headed. The organization team and I agree flood out the hands challenges, which plagued the hospital over two years ago, and there is a much than positive atmosphere among physicians and the other staff. However, I do agnize that there atomic number 18 more pressing challenges that obligate up to be aggressively addressed. The financial performance of the infirmary has been deteriorating over the eventually six months. The Chief Financial officeholder has informed me that the hospital is not meeting its budget and there is reason for irritation about the future. The health facility across town is admitting more patients and this is directly affecting our market sh ar. Our reimbursements are declining due to the increase treatment of uninsured patients, and patients on Medicare and Medicaid. Our contracts with stream managed care companies need to be reassessed so that we can have a better(p) sense of the reimbursement data available. The quality improvement course of instruction has meaningful problems, which need to be addressed prior to the approaching conjugation Commission survey. It is getting increasingly more dearly-won to ply comprehensive medical insurance to our staff.

And the inpatient noetic health services and neo-natal intensive care unit are a source of lost income for the hospital. Although these are challenging issues that stake the initiation of this fine institution, I be restve we will overcom e these trials as we have others in the past! and become a stronger social movement in the community. I have met with the Middlefield Hospital Management team and we have developed strategies to address these challenges that lie before us and I have detailed them in this report. Our employees are real satisfied with the health insurance insurance coverage they currently beget at Middlefield Hospital. We have many employees the likes of Aretha Holly, one of our chemists technicians, that...If you want to get a abounding essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper