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Home†>†Hospital
Leading a Hospital Turnaround: A Practical Guide
Leading a Hospital Turnaround: A Practical Guide
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Description

No healthcare organization is immune to financial decline. Healthcare leaders must be able to recognize the warning signs of financial distress and take action to maintain or restore their organizationís financial health.

The author of this step-by-step guide, Leading a Hospital Turnaround: A Practical Guide, shares what he learned while leading several successful financial turnarounds. Along with concrete tools and action plans, he provides candid advice about minimizing the fears of employees, physicians, and board members. In this book, you will learn how to preserve crucial relationships while directly addressing difficult questions.

Topics covered include:

  • Using performance analytics to predict a financial crisis
  • Acknowledging a negative financial trend and accepting responsibility
  • Improving cash flow and reducing costs
  • Initiating pivotal discussions with key stakeholders
  • Creating an effective communications and public relations strategy
  • Developing a dashboard for the turnaround process
  • Fielding the right turnaround team and determining responsibilities
  • Maintaining strong relationships with your medical staff
  • Avoiding common leadership missteps
  • Considering the use of outside consultants
  • Creating closure after a turnaround

    Table of Contents:

    Preface

    Chapter 1: Predicting a Crisis: Early Warning Signs

    Chapter 2: Facing the Facts: Leadership Front and Center

    Chapter 3: Structuring the Communications Process

    Chapter 4: Pivotal Discussions with Key Stakeholders

    Chapter 5: Framework of a Successful Turnaround

    Chapter 6: Tools and Techniques of a Successful Turnaround

    Chapter 7: Roles and Responsibilities of Key Players

    Chapter 8: Derailers: Why Some Organizations Fail

    Chapter 9: Internal Teams or Outside Consultants?

    Chapter 10: Special Considerations

    Chapter 11: Operating in the Post-Turnaround Era

    Financial Turnaround Cases

    References

    Index

    About the Author

    The Author

    Anthony K. Jones is a 25-year healthcare and hospital administration veteran who has substantial experience improving the performance of hospitals in financial distress. He has served as chief executive officer of two hospital systems, chief operations officer in four large medical centers, and an adjunct faculty member and preceptor of Central Michigan University and Governors State University, respectively.

  • Publication Date: June 2013
    Number of Pages: 160
    ISBN 13: 978-1-56793-591-2
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