You Decide: Middleton Hospital

2498 Words Jun 8th, 2013 10 Pages
You Decide: Middleton Hospital Dr. Julie Dennis, Professor
10/11/2012

David M Severance

You Decide: Middleton Hospital Dr. Julie Dennis, Professor
10/11/2012

David M Severance

You have been the CEO of Middlefield Hospital for 2 1/2 years and finally resolved the workforce challenges that plagued the hospital when you first arrived. In a recent meeting, the chief financial officer (CFO) indicated that the financial performance of the hospital has been deteriorating over the last 6 months. The hospital is not meeting its budget and he is concerned about the future. The new facility across town has continued to cut into Middlefield 's market share by admitting more patients. The number of admissions to Middlefield
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There are little reliable utilization and reimbursement data available. No one at Middlefield Hospital is assigned to manage these contracts or maintain ongoing relationships with managed care companies. 10. The Joint Commission survey is scheduled for next year, and there are significant problems with the hospital 's quality improvement program. 11. The health plan offered to employees is getting more expensive each year. In fact, the costs are increasing at a rate of 20% each year. This is adding significantly to the hospital 's operational costs. 12. The inpatient mental health services and neo-natal intensive care unit continue to lose money for the hospital.
The board of directors has asked that you provide a 750-word report (double spaced in APA or other Devry-approved format) detailing your strategies and recommendations to improve the financial performance of the hospital. The strategies and recommendations should be as specific as possible and include identifying resources that are necessary to implement the strategies. Also, describe the outcomes expected from implementing your recommendations. Your primary text and journal/website research must be used as a reference to support your analysis. Use at least three references.

The Players: Dr. McCrae – Psychiatrist
I am a psychiatrist and admit my patients to the mental health inpatient unit at Middlefield. It is the only psychiatric inpatient unit available in the

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