Description
Answer should be a minimum of 200 words, double spaced, with excellent spelling and grammar. You are a corporate “turnaround ” specialist hired to save a 400 bed hospital in a large metro area.It faces competition from 2 well managed teaching hospitals, has experienced declining occupancy rates, and has been losing money for 6 years.Common sense and good business thinking says that the hospital should close. Political considerations will not allow that to happen. Suggest steps that the hospital could take to ensure it’s survival for the next 5 years.
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