Question: In your initial post, answer the following questions: What were the financial problems facing Phelps and its medical staff in 2 0 1 0 ?

In your initial post, answer the following questions:
What were the financial problems facing Phelps and its medical staff in 2010? What are the options for hospital initiatives and what do the physicians recommend?
How should the CEO proceed? Give a rationale for your recommendations. What are the risks in adopting your recommended strategy?
What are the unresolved questions in the situation facing the CEO and the board?

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