Rate this paper
  • Currently rating
  • 1
  • 2
  • 3
  • 4
  • 5
3.67 / 3
Paper Topic:

Critical Thinking Case Study

Critical Thinking Case Study

[Name]

[Institution]

[Instructor]

[Course] Critical Thinking Case Study

Case Study Analysis

First of all , we need to study the problems thoroughly and efficiently Then we will need to isolate each of the problems that were discussed in the meeting . Once we have figured out what the problems are , we will need to analyze each problem and evaluate alternatives for each problem After that is done we will make recommendations with corrective actions prepared for the CEO . In this case study I have identified financial

problem and I will be evaluating it . Then to solve this issue I need to break down the problem into its different elements . When I have identified the problem , then I have to define the goals . The next step to solving our problem will be to frame alternatives . After we have framed our possible solutions we have to evaluate the impacts of our alternative solutions . Then we have to analyze the possible solutions and after that we have to make a decision on which solution has the most positive effect on hospital

Problem : Finances

For this problem I am going to follow such problem solving technique as brainstorming . First I have to identify the problem . This one is obvious . We are having budget problems . We are experiencing rising costs per patient , and we are also experiencing a decrease in patients in our hospital . Now that we have identified our problem I will go through the critical decision making process to solve this problem . The next step is to define the goals of our problem

The goals that we need to accomplish to remedy this problem are on two different fronts . We need to reduce our fixed costs by 15 just to break even from a budget standpoint . If we do not decrease our fixed costs we cannot function as a leader in the medical profession . We also need to increase patient count . We need to increase patient days for the year More patients and more patient days equal more revenue for the hospital Now that we have identified our goals for our second problem we need to evaluate the effects of our problem

Effects of the Problem

The effects of our problem can be devastating if no action is taken quickly . We still need to make sound factual decisions , but we need to act upon them in a timely manner if we are to nip the problem in the bud so to speak . If we do not increase our patients and patient days we will not be able to stay operating as a financially viable business . We are a non-profit organization , but we still have to bring in a certain amount of revenue to keep the hospital operational and the doors open for business

If we cannot increase our revenue we may have to cut doctors salaries We may even have to reduce our workforce . Reducing the amount of doctors and nurses in our staff would cause a downward spiral of decreasing...

Not the Essay You're looking for? Get a custom essay (only for $12.99)