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group_project_hmgt_495.pptxProject Panel Solution Deidra Manning, Adina Perlow, Dylan Posey, Racheal Grace, Quema HMGT 495 Strategic Planning and Leadership in Health Care University of Maryland, University College Professor Oscar Mensah September 25 2016
ABC’s Hospital’s Objective
ABC hospital is currently experiencing a budget shortfall. Because it is losing money, it must reevaluate a commitment it made to add a new OB/GYN wing. This new wing could be a major source of revenue and could have a tremendous positive effect on the financial stability of the hospital.
Each department should propose a plan on how can they can improve ABC Hospital's profitability so that it can add the OB/GYN wing and keep its commitment to the community.
The departments and the department head members that that will propose a plan are:
| Department | Department Head |
| Chief Financial Officer | Deidra Manning |
| Chief Of Medical Services | Adina Perlow |
| Human Resources Manager- | Dylan Posey |
| Marketing Manager | Rachel Grace Quema |
The proposal from the Chief of Medical Services
First Proposal: The physicians in the hospital ought to be involved in the efforts of reducing costs.
As the Chief of ABC I would encourage the physician employees to ensure that the supplies costs are cut as low as possible.
Second Proposal: I would consider the idea of outsourcing of some management services.
During the tough economic times, ABC hospital would greatly benefit from either outsourcing or by consulting with other business organizations for some services like clinical, laundry and food services.
Third Proposal: I would consider the possibility of hiring hospitalists who will be tasked to manage the inpatient care.
Better documentation and more efficiency can be achieved by facilities that opt to use the hospitalists in taking care of their patients.
