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Hospita Life

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Submitted By janben
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ABC HOSPITAL

1. What strategies can the organization take to survive, improve its performance, and compete with other hospitals over the next five years? 2. What are some advantages or disadvantages of these strategies? Provide specific examples to support your answers.
Some of the strategies ABC hospital could take to survive, improve its performance, and compete with other hospitals over the next 5 years are 1. Cutting of expenditures 2. Reducing re-admission 3. Use of simulation 4. Increase revenue 5. Standards and guidelines
ABC is financially handicapped and to survive, it has to cut its expenses on marketing on advertisements, cut overtime, cut supplies, reduce staff, and increase revenue. Some of these strategies have advantages and disadvantages, but considering it current position it needs to take some steps in order to survive or go out of business. For such an organization increasing revenue will not be in its interest because there is the tendency that it will lose handful of its customers to other hospitals or clinics. Another step the ABC organization can take to survive such financial predicament is the reduction of staff. This is not a good idea, but the organization has to uphold such strategy in order to survive. Reducing the number of staff will put huge amount of money back to the organization’s coffers. Many organizations see this idea as a way out, but it boomerangs at last. When the staff of an organization is reduced, it leaves the remaining staff to shoulder a workload of responsibility which may result to complaints, haphazard input, customer dissatisfaction, resentment, poor service, and resignation. In order improve performance and compete with other hospitals the ABC hospital should find ways to strengthen its management. This could be done by improving quality and increasing the responsibilities

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