Risk Management

Please only use the articles provided. 

The paper should have a short (one paragraph) “Executive Summary.” Look this term up on the internet for further details. It is intended to be a summary of your presentation, not a summary of the task assigned. Stick to the details in the syllabus regarding double spacing and font size. Use one (1) inch margins all around. Page numbers should be included.

You have a job as a middle-level executive in a 250-bed hospital. The hospital is technically a “non-profit” hospital, but it is run as close to a “for-profit” goal as possible. As a result of dislocations to the health care industry in your state, your hospital has suffered a 15% loss of trained health care provider staff across the entire hospital, including physicians, nurses, and licensed personnel of all kinds. 

The hospital has operated five (5) clinics: a walk-in orthopedic clinic; a referral-based radiology 
department with MRI, CT, and ultrasound facilities; a labor-and-delivery suite with neonatology; a wound
 care center with hyperbaric equipment; and a locked, in-patient pediatric psychiatric facility. Your CEO 
has assigned you the task of making a report to her for presentation to the hospital Board, assessing the
 risks associated with closing two of these five clinics. She has asked you to describe the risks of closing 
each clinic and the risks of continuing to run the clinics. You should evaluate the following:

 
1. the risks of continuing to offer the services with 15% less staff; 

2. the benefits of continuing to offer the services of each clinic; 

3. the risks of transferring non-physician personnel from the clinics to be closed to those that will remain 
open, and  an assessment of the training challenges/risks of using inexperienced staff in the new clinics; 

4. the potential personnel problems and possible solutions resulting from either (or both) transferring employees to new assignments or laying off any extra staff; and,

 5. any other problems or risks that may be encountered. Make a recommendation which two clinics 
should be closed, with a brief explanation of why they should close and the others should remain open. 

In a succinct way, identify any process or implementation issues you identify (this can be in a “bullet” format.) 

Finally, suggest a basic timeline for implementing your suggestions, taking into account the risks 
that you have identified and the steps you should prepare a memorandum that can be understood quickly and clearly. Consider any additional costs which you may identify.

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