Case Study on "Emanuel Medical Center Crisis in the Health Care Industry"
Case Study 4 pages (1147 words) Sources: 4
[EXCERPT] . . . .
Health CareDescribe the following strategic options available to President Moen: a) merge the hospital with a competing health maintenance organization (HMO), b) sell the hospital, c) close the ED, d) close the hospital, or e) do nothing and try to maintain the status quo while dealing with the hospital's myriad operational issues.
Merging the hospital with a competing health maintenance organization would allow the hospital to best meet the competitive pressures in its environment. It would mean that the hospital is sold and the current management group might lose control, but it would have several advantages. The hospital has strong ties with the community and a good staff, but it needs to be part of a larger organization in order to address its structural needs. These include better bargaining power, the ability to draw staff from other parts of the country or state, and the ability to better compete for customers. Selling the hospital would have a similar impact, but with the ownership situation being different. External management by an HMO or selling to another health care provider have similar advantages; the differences are technical.
Closing the ED would have a significant negative impact. While the patient crisis is focused on the ED, this department also generates almost 50% of business in more profitable parts of the hospital. The closure would create major revenue problems for the hospital. However, closing the ED has the benefit of reducing a major headache, relieving the nursing staff shortages and reducing the amount of customers coming to the hospital who are having trouble paying.
The status quo is also challeng
download full paper ⤓
2. Describe the six most pressing operational issues President Moen should address.
The first issue is the funding problem. The government and insurance companies are using their buying power to reduce payouts, and costs associated with running the hospital are increasing. This creates a long-term disconnect between revenues and costs. The second issue is that there is a chronic nursing shortage. This increases costs and increases turnover. The current solution, temporary nurses, is a very expensive solution that does not address this issue in the long run. The third issue is the gap in patient care. As seen in the Eckman case, sometimes patients fall through the cracks and this leads to adverse health outcomes.
The fourth issue is that the hospital is faced with the inability to invest in technology. This makes it difficult to build for the future. It also makes it difficult to attract key talent as well as patients. There is no capital left over for investment in technology. The fifth issue is a lack of ability to fill key doctor positions. Several such positions remain unfilled, for a variety of reasons, but ultimately this makes the patient suffer and reduces the ability of the hospital to meet the… READ MORE
Quoted Instructions for "Emanuel Medical Center Crisis in the Health Care Industry" Assignment:
Assignment #5 ***** Emanuel Medical Center: Crisis in the Health Care Industry
Read the Emanuel Medical Center: Crisis in the Health Care Industry case. You are to write a 4-6 page report that answers the following questions:
1. Describe the following strategic options available to President Moen: a) merge the hospital with a competing health maintenance organization (HMO), b) sell the hospital, c) close the ED, d) close the hospital, or e) do nothing and try to maintain the status quo while dealing with the hospital*****s myriad operational issues.
2. Describe the six most pressing operational issues President Moen should address.
3. Perform a financial analysis of EMC. Based on the analysis, where is the company strong and where is it weak?
4. Recommend the best strategic option available to President Moen?
The format of the report is to be as follows:
o Typed, double spaced, Times New Roman font (size 12), one inch margins on all
sides, APA format.
o Type the question followed by your answer to the question.
o In addition to the 4-6 pages required, a title page is to be included. The title page
is to contain the title of the assignment, your name, the instructor*****s name, the course title, and the date.
NOTE: One of the criteria that you will be graded on is the quality of your answers, the logic/organization of the report, your language skills, and your writing skills. *****
*****
How to Reference "Emanuel Medical Center Crisis in the Health Care Industry" Case Study in a Bibliography
“Emanuel Medical Center Crisis in the Health Care Industry.” A1-TermPaper.com, 2011, https://www.a1-termpaper.com/topics/essay/health-care-describe-following/78463. Accessed 6 Jul 2024.
Related Papers:
Consultant of Healthcare Industry Research Paper
![Paper Icon](https://www.a1-termpaper.com/images/term-paper-3.png)
Consultant Evaluation/Healthcare Industry
You are in the role of a consultant with ten years experience in the health care insurance industry. A group of 20 doctors are considering forming a… read more
Research Paper 15 pages (4888 words) Sources: 12 Topic: Healthcare / Health / Obamacare
Healthcare the Role of the Healthcare Sector Term Paper
![Paper Icon](https://www.a1-termpaper.com/images/term-paper-3.png)
Healthcare
The role of the healthcare sector has remained relatively constant throughout the past recent decades, but the means in which the players in the healthcare sector strive to attain… read more
Term Paper 4 pages (1160 words) Sources: 1+ Topic: Healthcare / Health / Obamacare
Healthcare Management Information Systems Term Paper
![Paper Icon](https://www.a1-termpaper.com/images/term-paper-3.png)
Healthcare Information Systems
Healthcare Information Management systems
Why would it be (or not be) beneficial to combine supply chain management (SCM) and customer relationship management (CRM) into a single system… read more
Term Paper 5 pages (1841 words) Sources: 1+ Topic: Healthcare / Health / Obamacare
Healthcare Management Information Systems Telemedicine Research Paper
![Paper Icon](https://www.a1-termpaper.com/images/term-paper-3.png)
Healthcare Management Information Systems
Telemedicine
Telemedicine can be traced far back in the 1960 when the National Aeronautics and Space Administration (NASA) provided health care to it astronauts Bashshur &… read more
Research Paper 10 pages (3032 words) Sources: 10 Topic: Healthcare / Health / Obamacare
Crisis Nature of Health Care Transitions Term Paper
![Paper Icon](https://www.a1-termpaper.com/images/term-paper-3.png)
Crisis Nature of Health Care Transitions for Rural Older Adults
There were several areas of research which were found to contain significant gaps when current literature was reviewed by the… read more
Term Paper 5 pages (1937 words) Sources: 5 Style: APA Topic: Healthcare / Health / Obamacare
Sat, Jul 6, 2024
If you don't see the paper you need, we will write it for you!
We can write a new, 100% unique paper!