River community hospital case study

Assignment Help Financial Management

Reference no: EM131584587

Topic: Creekside/River Community Hospital Case Study

You are to draft a letter that will be sent to the stakeholders at your hospital: employees, physicians, board members, etc. This letter should outline a long-term plan to slow spending and/or cut costs at Creekside. Provide background as to why this is necessary--educate the reader as to why change is needed sooner rather than later. Choose 3 to 5 initiatives that you particularly like, (calling upon what you know about the organization based on your extensive analysis last week), in pursuit of this cost reduction goal and explain them to the reader, justifying their selection and the desired benefits of each.

So you're going to demonstrate your knowledge of ACA, your knowledge of Creekside's financials, and put these together to come up with ideas for cutting costs. I would imagine it will take at least 5 pages, double-spaced (excluding the title and reference pages), to do justice to a communication such as this. Cite resources that help make your case or add credibility to your plan. Call upon what you have learned from this class and others--try to feel the responsibility, the sense of urgency, and the commitment to not be a victim to the "bubble bursting". Be a healthcare leader with a vision and a mission and a sense of fiscal ownership.

Reference no: EM131584587

Questions Cloud

What is the current yield and yield to maturity of the bond : Suppose the bond quotes for IOU Corporation appear in financial page of today's newspaper. What is the yield to maturity of the bond? What is the Current Yield?

Why are you drawn to the particular tactics or models : Why are you drawn to these particular tactics, traits, or models? How do they interconnect with your own personal, moral, ethical, or religious beliefs?

Identify leadership models and approaches that were employed : Provide brief context for the crisis or challenge. Identify the leadership models and approaches that were employed in the handling of the situation.

How your hypothetical project will impact the nursing career : Explain how your hypothetical project will impact the nursing career.In which the student will reveal the selected journal and reasoning for selecting.

River community hospital case study : You are to draft a letter that will be sent to the stakeholders at your hospital: employees, physicians, board members, etc.

How much manufacturing overhead was applied to job p : Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. How much manufacturing overhead was applied to Job P

Bonds issued elsewhere often have annual coupon payment : Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments.

How did the leaders demonstrate flexibility and adaptability : How did the leaders demonstrate flexibility and adaptability? How did the leaders apply aspects of the path-goal theory to this situation? Provide examples.

Does mp need any additional testing : What additional information would you like to have? Does MP need any additional testing?What possible issues could contribute to his symptoms?

User Account

All Pages