Improving the Financial Performance of Middlefield Hospital

Improving the Financial procedure of Middlefield Hospital As CEO of Middlefield Hospital, I feel confident in the direction our facility is headed. The presidential term team and I ask everywherecome the workforce challenges, which plagued the infirmary over two eld ago, and there is a lots than positive atmosphere among physicians and the opposite staff. However, I do recognise that there be much pressing challenges that take up to be aggressively intercommunicate. The mvirtuosotary performance of the infirmary has been deteriorating over the eventually six months. The brain Financial Officer has conscious me that the hospital is not encounter its bud gravel and there is apprehension for irritation about the future. The wellness facility across township is admitting more patients and this is directly change our market sh atomic number 18. Our reimbursements are declining delinquent to the increase treatment of uninsurable patients, and patients on Medi commission and Medicaid. Our contracts with current managed tutorship companies need to be reassessed so that we can fork out a better(p) sense of the reimbursement data available. The tone improvement program has meaning(prenominal) problems, which need to be addressed prior to the upcoming joint Commission survey. It is getting increasingly more expensive to operate comprehensive medical insurance policy to our staff.

And the inpatient mental wellness services and neo-natal intensive care unit are a source of lost income for the hospital. Although these are challenging issues that threaten the initiation of this fine institution, I bank we will overcome these trials as we name others in the other(prenominal) and become a stronger fond movement in the community. I have met with the Middlefield Hospital solicitude team and we have positive strategies to address these challenges that lie ahead us and I have detailed them in this report. Our employees are real satisfied with the health insurance coverage they before long beget at Middlefield Hospital. We have many employees like Aretha Holly, one of our chemists technicians, that...If you want to get a full essay, indian lodge it on our website: Orderessay

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