Case Analysis: Dallas-Based Tenet Healthcare Corp.

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Health Management Associates was found in 1985 by Jay Rosen and others. Health Management Associates had a lot of experienced public officials when forming. Health Management Associates concept is to believe in value and importance of publicly financed health care programs in America. Health Management Associates were able to see a need and understood the commitment to Programs such as Medicaid for people that aren’t privileged to having a good amount of income (Health Management Associates, 2015.)
Health Management Associates primarily provide healthcare services in hospitals and other healthcare facilities in non-urban communities. HMA’s services include their Health Policy Development and Analysis; The Company operates 71 hospitals in 15
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Community Health systems shook up the hospital industry. The Franklin, Tenn.-based hospital company announced it will acquire Naples, Fla-based Health Management Associates in the deal valued at $7.6 billion. (Herman, 2013). CHS will pay some cash and assume debt in the deal, which was the second major for-profit hospital merger in as many months. Dallas-based Tenet Healthcare Corp. announced in June it will acquire Nashville, Tenn.-based Vanguard Health Systems for $4.3 billion.
As the CFO, suggest one (1) key strategy that you might use in order to improve the financial performance of the organization. Recommend an approach to implement the suggested strategy. Provide support for your recommendation.
As CFO one key strategy I would use to improve financial performance would be to work closely with the Board Members and Stakeholders that are in the field to assist with continuity and growth for the Hospital. I would work on implementing plans and have budgets that will increase profits. I will look to create ways for growth and development to help stay consistent with profit margins. I will work on ways to work with others to see how strategies can be put together in a way to support learning, oversight, accountability and
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