Improving the Financial Performance of Middlefield Hospital

Improving the Financial Performance of Middlefield hospital As chief operating officer of Middlefield Hospital, I feel confident in the direction our adeptness is headed. The organization team and I redeem bounce back the custody challenges, which plagued the infirmary over two years ago, and at that place is a much than positive atmosphere among physicians and the other staff. However, I do agnize that there ar more pressing challenges that moot up to be aggressively addressed. The financial performance of the infirmary has been deteriorating over the eventually six months. The Chief Financial officer has informed me that the hospital is not meeting its budget and there is reason for irritation about the future. The health facility crossways town is admitting more patients and this is directly affecting our market shargon. Our reimbursements are declining due to the increase treatment of uninsured patients, and patients on Medicare and Medicaid. Our contracts with up-to-date managed care companies need to be reassessed so that we can have a better(p) sense of the reimbursement data available. The quality improvement computer programme has meaningful problems, which need to be addressed prior to the approaching conjugation Commission survey. It is getting increasingly more high-ticket(prenominal) to ply comprehensive medical insurance to our staff.

And the inpatient rational health services and neo-natal intensive care unit are a source of lost income for the hospital. Although these are challenging issues that jeopardize the initiation of this fine institution, I be catch ones breathve we will overcome these ! trials as we have others in the past and become a stronger social movement in the community. I have met with the Middlefield Hospital Management team and we have developed strategies to address these challenges that lie before us and I have detailed them in this report. Our employees are real satisfied with the health insurance insurance coverage they currently beget at Middlefield Hospital. We have many employees want Aretha Holly, one of our chemists technicians, that...If you want to get a fully essay, order it on our website: OrderCustomPaper.com

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