Financial risk

by | Nov 6, 2021 | Assignment

A hospital has decided to improve their financial risk by diversifying through vertical integration by either acquiring or developing their own physician clinical practice, long term care facility, home health agency, critical care facility, pulmonary rehab, cardiac rehab, and hospice. Experienced skilled staff is limited in all areas. The facility has computerized most of the clinical areas and needs to consider expanding non-hospital care areas. You are given the task to prioritize, recruit, and implement services within the next year.

1. Describe the steps you would take to ensure successful implementation.

2. Be sure to identify the barriers to implementation and how you would address them.

Remember that the grade is based on completeness as well as how well you have thought out your answers.

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