In: Operations Management
answer with resource :
Population Health: As a result of the Patient Protection
and Affordable Care Act, hospitals are increasingly being held
accountable for the health of patients after they have been
discharged from the hospital. The CEO of Sandy Creek Community
Hospital asks you to join her in a meeting with the CEO of Green
Acres Retirement Community located about a mile from the hospital.
Green Acres offers a continuum of care to include rehabilitation
services, assisted living and skilled nursing care. Why would the
CEO of Sandy Creek Community Hospital be interested in meeting with
the CEO of Green Acres Retirement Community? What
sort of synergies might be possible?
Below are the synergies that might be possible between a hospital(healthcare provider) and a rehabilitation service provider -
1. With the increasing scrutiny on the health of patients once they are discharged from hospital and accounting the hospitals for the same, they need to be more focused and responsible on the patient health post discharge by tying up with rehabilitation services which can ensure the patient comes back to normal through assisted care and nursing facilities.
2. While hospital provides medical treatment based on the diseases or health issues, rehabilitation services help faster recovery of the patients. Hence, the end-to-end treatment of the patient can be ensured by cretaing sysnergies between the two organizations.
3. The hospital can sponsor some of the amount for rehabilitation services to ensure the patient is back to normal thus avoiding the fines imposed by the regulatory authorities.