Free

Merger of Two Competing Hospitals - Case Study Example

Comments (0) Cite this document
Summary
This paper 'Merger of Two Competing Hospitals" focuses on the fact that hospital productivity and cost in independent hospitals versus multihospital systems are controversial issues among the health care researchers and providers. Independent hospitals perform poorly than system hospitals…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.9% of users find it useful
Merger of Two Competing Hospitals
Read TextPreview

Extract of sample "Merger of Two Competing Hospitals"

Managerial and medical benefits are realized via various means. This is such as, care comprehensiveness, quality, economics, administrative and accessibility power (Hsieh et al., 2011). Thus, the consolidation of Banner Regional Medical Center and Porter Regional Medical Center would be of advantage to the community people.
Steps needed by the Board In Order To Establish a New Executive team.

The board at foremost needs to advertise the posts for new executives. Individuals competent for the post need to email their resumes. The next step is for the board to hire a consulting firm for purposes of reviewing the resumes and performances of the applicants. Finally, the qualified applicants get the position and become part of the consolidation.
Given the embedded diversity cultures of the merged organizations, the management team needs to do the following in order to enhance the new organization working culture. Employees should be made to understand that, attacking diversity issues with powerful force is not ethical. Those who do that, think it's imperative to take strategic action. In addition to that, understanding of diversity at workforce does not trigger any changes that are major in practices of management. Therefore, for the success of the merged organizations, each and everyone should be considered in decision making. In that case, policy designing, decision making, and management procedures should not be left to corporate officers. On the contrary, all the organization shareholders should take part in the development of organization missions, objectives, rules, and regulations (Buchbinder & Shanks, 2011).

In the moments of consolidation, the companies’ physical structures should either be renovated or sold to get funds to build new and modernized facilities. The old and dilapidated facilities of Banner Regional Medical Center (BRMC) needs to be disposed to the county and the amount received from the acquisition channeled to expanding and renovating the facilities at Porter Regional Medical Centre (PRMC). This would greatly reduce expenses.
During the merging process, there exist duplication of department and services. In such a case, the organization executive needs to solve the problem with diligence. Delineation of duties should be done to avoid conflict of interests. The head of the departments should be chosen according to merit. To ensure this is adhered to, individuals interested to hold department position should apply and the best taken. There is no need to ask for people to reapply for the posts because they are necessary for the organization performance. In addition to that, a single board should be developed where members apply afresh. This would result in a single joint structure, no duplication of departments or services.

Merging process occurs with various challenges. These challenges are such as risk management and legal issues. For instance, after merging the two hospitals, the number of LPNs exceeded that of RNs by 40%. This was a great blow to the consolidation for the ratio was disproportionate. The number of registered nurses should always be larger than that of LPNs. This limitation affected the highly planned technology services that were to be offered by the consolidated organizations. The services were such as open heart, cardiovascular, cancer centers, and heart cauterization lab and call excellent centers four in number. Moreover, staff skills levels are always low and uncompetitive in the environment that is advanced technology. This means that the merging process has to offer refresher courses to the staff and acquire a number of nurses. Pertaining to legal issues, the timeline for credentialing should be moved to the shortest period possible. If that is not done, then the physicians are at risk of losing their current licenses. This automatically puts them out of compliance.

In order to calm down the staff fears by the administrators and board before, after and during hospital consolidation, a joint meeting should be held. Staff from both the organization should be addressed on the benefits of the merging process. Issues such as benefits packages including health insurance, sick leave, retirement plans, life insurance and paid time off should be addressed. A better explanation of these factors would lead to staffs being part of the consolidation and enjoy the benefit packages that are better.
Since both the physicians and administrators function is to control the new consolidation, sharing of power and resources cannot be a problem. They have to delineate duties among themselves. In other times, they have to work together to come up with better management policies for the merged hospitals. Finances will be allocated depending on the workload of each group. This will be determined by the consolidated hospital budget.  Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Merger of Two Competing Hospitals Case Study Example | Topics and Well Written Essays - 941 words, n.d.)
Merger of Two Competing Hospitals Case Study Example | Topics and Well Written Essays - 941 words. Retrieved from https://studentshare.org/health-sciences-medicine/1591077-case-study-on-merger-of-two-competing-hospitals
(Merger of Two Competing Hospitals Case Study Example | Topics and Well Written Essays - 941 Words)
Merger of Two Competing Hospitals Case Study Example | Topics and Well Written Essays - 941 Words. https://studentshare.org/health-sciences-medicine/1591077-case-study-on-merger-of-two-competing-hospitals.
“Merger of Two Competing Hospitals Case Study Example | Topics and Well Written Essays - 941 Words”, n.d. https://studentshare.org/health-sciences-medicine/1591077-case-study-on-merger-of-two-competing-hospitals.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Merger of Two Competing Hospitals

Two Techniqyes in Hospitals Laboratory

...). These optical excitation patterns emitted by the fluorescently labeled cell components can be used to pinpoint specific types of molecules and to quantitate their concentrations within the cell (Shapiro 2003). This accuracy is facilitated by the standardization of controlled flow by means of hydrodynamic focusing methods (Shapiro 2003). Further analytical sophistication can be achieved by the use of multiple optical beams and two channel detectors to detect two different cellular signals at the same time in the same scan while providing a high sensitivity (Zhong et al 2005). Labeled nanoparticles are also be utilized as probes in the molecular assessment of cell composition (Zhong et al 2005). In...
8 Pages(2000 words)Essay

Two Recent Merger and Acquisition Cases

...of the of the Submitted Two Recent Merger and Acquisition Cases The decade that will be remembered in the history of corporate finance as the decade of mergers and acquisitions will undoubtedly be the 1980s, as this was the period in which the most prolific mergers and acquisitions were made both in the USA and the UK. Mergers and acquisitions (or M&As as they were colloquially known) were so profitable that many of the best firms on Wall Street had opened up their own M&A Divisions to take full advantage of this phenomenon. Mergers and acquisitions are corporate deals that have established their worth in the social and financial...
2 Pages(500 words)Essay

Two Major Competing Brands under the Same Parent Corporation

...? Two Major Competing Brands under the Same Parent Corporation  Dove & Axe (College) Two Major Competing Brands under the Same Parent Corporation  Dove & Axe Introduction Unilever Global has a very successful history of marketing more than one competing brands simultaneously by maintaining a social mission at its promotional strategies for every brand. The mode and concept of marketing generally have undergone tremendous changes for the recent decades. Traditional way of seller oriented marketing gave way to customer focused marketing strategies as customers today experience easy access to wide ranges of quality products and services. Hence firms today are cognizant of the unique characteristics of services such as intangibility... ,...
5 Pages(1250 words)Essay

Specialty Hospitals and Community Hospitals

...? Specialty Hospitals versus Community Hospitals: The Debate Developments on the Moratorium Specialty hospitals and community hospital operations spurred a big health policy debate in Congress. According to Eric Zimmerman (2006), Congress has been keenly focused on, and deeply divided over specialty hospital development. He stated that in 2003, Congress amended the Stark Law to impose an 18-month moratorium during which physician owners of specialty hospitals could not refer Medicare patients to those hospitals which they have investments. The moratorium effectively stifled development of new specialty...
5 Pages(1250 words)Research Paper

Explanation Of Two Financial Giant Merger

...it in attracting new customers. In light of this, it was crucial for the two firms to integrate information system in their merger in order to strengthen their approach on information system matters. Perhaps, one of the firms could have a workforce with proficient information system, but lacking personnel to propel such knowledge to a higher notch while the other could be having ideas of propelling such ideas, but lacking people to propel them. In such a case, integrating information system in the merger would have created a strong information system (Prakken 7). 2. It is apparent that although integration of information system in the merger was crucial and enabled the...
3 Pages(750 words)Essay

Cognitive Development: Two Competing Schools of Thought

...Cognitive Development: Two Competing Schools of Thought This essay will address the field of cognitive development theory. It will discuss the major schools of thought, identify the major variables of each school of thought, and discuss how these theories of cognitive development are significant for guiding instructional teaching methods and curriculum choices. The two schools of thought to be addresses in this essay are the cognitive constructivist branch espoused by Jean Piaget and the social constructionist branch espoused by Lev Vygotsky. More particularly, this essay shall examine the biological view of cognitive development according to Piaget and the broader social notion of...
5 Pages(1250 words)Essay

Hospitals

...Task Introduction Tampa General Hospital and Community Hospital in Tampa offer health services all just about the Tampa metropolitan and extensively to other neighboring states. The two hospitals are not-for-profit society hospital networks that offer high quality, modified and concerned care to their patients and the community in general (UCH 2011). The hospitals offer inpatient and outpatient health services through their commitment, safety, meticulous self-assessment, commercial veracity and service administration. Average length of stay Average length of stay with Tampa general hospital differs with individual...
2 Pages(500 words)Research Paper

Specialty Hospitals and Community Hospitals

...Specialty Hospitals and Community Hospitals Task Specialty Hospitals and Community Hospitals What has happened with this debate since mid 2006? The raging debate on whether to continue holding specialty hospitals vis-à-vis the community hospitals continued to roll on way past the mid 2006. MedPAC and the Department of health of the United States studied a number of reports covering issues related to the moratorium period. The conclusion of these bodies identified that medical physicians and other practitioners responded promptly to incentives curved into their payment rates of DRG. The eruption of these incentives was a result of the...
3 Pages(750 words)Essay

The merger between two health care systems

...Merger of Two Central Pennsylvania Health Systems Outline Introduction -Geisinger Health System and Penn Hershey Medical Center merged in 1997 -The merger was terminated three years after it began because management overlooked potential distrust from local care providers, overall inefficiencies poor cultural knowledge, and team leadership Why the merger failed -After consolidating general departments, there was no consensus on how to merge clinical departments -Bitter rivalry, corporate politics arose in board meetings and lower levels. -Operational inefficiencies continued due to poor communication and failed consolidation -Management failed to anticipate rivalry from...
10 Pages(2500 words)Research Paper

Two Recent Merger and Acquisition Cases

...in the market. Verizon was expecting at least 10% gain per share since the buyout, a major surprise in the U.S communication market. However, the deal was not without a cost to Verizon. The company faced a major downgrade risk from S & P due to its high debt, with its credit rating being downgraded by one level and risking sinking deeper towards the junk status if the debt issue was not solved. To counter the downgrade, Verizon planned the issuance of a bond to reduce its credit gap. All the same, the shareholders of the two companies received their fair value in one of the largest deal of the decade. Michael Dell’s Acquisition of Dell A controversial deal that raised a storm in the market was the acquisition of...
3 Pages(750 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic Merger of Two Competing Hospitals for FREE!

Contact Us