Question: Hip _ Knee _ Replacement _ Yale _ New _ Haven _ Health.pdf chool of Management ( Yale SOM ) and deals with a real

Hip_Knee_Replacement_Yale_New_Haven_Health.pdf chool of Management (Yale SOM) and deals with a real-world organization and its strategic and operational challenges and complexities. As a team, please review the case and the information provided herewith (you will also need to conduct some external research) to answer the following questions. Assume that your team works in the Center for Musculoskeletal Care at Yale School of Medicine and Yale New Haven Hospital (YNHH) with Dr. Mary O'Connor and you are presenting your recommendations to her so she can take your recommendations under consideration and present her overall plan to the Yale New Haven Health System Cabinet.
The main questions for you to consider in your presentation are:
Identify the scope of the problem(s) described in the case.
What are the general risks and benefits of standardization (for YNHH) in the context of implant vendors?
Should YNHH go ahead with the consolidation of implant vendors?
Why is it important for YNHH to find a way to share gains with the surgeons? Should the tight "bond" between surgeons and preferred vendors be challenged executively?
What are the financial implications of choosing either strategy? Please present a business case with recommendations.

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