Virginia Mason Medical Center (Vmmc)

Turn of the Century: VMMC and the Health-Care Industry Virginia Mason Medical concentre (VMMC) is a nonprofit hospital run by an cosy administration with all oversight by a man board. When Dr. Gary Kaplan took over as CEO in 2000, VMMC was facing an sparing downturn for the first time in its history and losing tens of millions of dollars. In an essay to counter this loss, VMMC management started to trim costs much(prenominal) as halting academic spending that was not promote by medical exam examination professionals. Fierce disputation only served to amplify the problem, with several(prenominal) competing hospitals within a one-mile radius of VMMC. The general health-care industry was similarly encountering challenges of its own due to a prejudicious report from the embed of Medicine’s patient recourse report that claimed medical errors were widespread and rampant in hospitals, make as umteen as 98,000 patient deaths per year. As a result of two the dis couraging safety and financial lookout man at VMMC, round morale was also on the decline. Kaplan’s Response instantaneously after taking office, Kaplan reviewed spending and wrinkle lines across VMMC to acquire opportunities to consolidate less profitable handicraft operations and spring up highly profitable lines.

He shuttered or reduced various business lines, renegotiated contracts with payers and examined productivity by service lines. However, Kaplan accomplished that cost cutting was a short-term fix, not a viable long-term ascendent and knew that he had to come up with a new strategical plan for the survival and step-up of VMMC. Kaplan’s first major initiative was to create a new explicit doc ! compact between physicians and VMMC that embodies the strategic direction that he treasured to take the hospital. In club for his medical staff to in climb embrace the new compact, Kaplan purposely made the compact humankind a highly collaborative effort. He organized an off-site retreat for all the medical staff to brainstorm ideas and indeed formed a...If you want to stick out a full essay, order it on our website: OrderEssay.net

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