Question: In your presentation: Explain your overall strategy. Explain if and how your strategy evolved after each decision round. Discuss your approach to leading decisions in

In your presentation:

  • Explain your overall strategy. Explain if and how your strategy evolved after each decision round.
  • Discuss your approach to leading decisions in each area: human resources, quality of care, finances (including payer mix), telemedicine, and the opioid epidemic.
  • List 3-5 key takeaways (lessons learned) from the simulation.

i have included the results of the simulation for the 5 weeks

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Green Team O search CONGRATULATION - YOU PLAN 1 14 ARE THE WINNER Summary: You increased your revenue Repuation improved Admissions increase! iT PLAN Quality of care increased It Bum out rate wentdown I INESS Well done! Hope you had fun. Idea Week 5 Net Revenue Net Revenue Net Income Margin Your rank + The Green Hospital's 168 290 816 net revenue increased by 9% from the Net Revenue Net Revenue Ranking previous period. This is excellent. + Can you identify why Indexes net revenue : Mopation Opiold Pussrugs increased?Reputation Reputation Your rank + Your reputation 134 548 210 816 increased by 1%. + The next step is to Reputation Reputation Ranking determine how you can sustain this. That is, what changes did you make in asset allocation last period? + This is excellent! Reputation is critical for admissions and profitability. Cumulative Admission Share + The Green Hospital Cumulative Admission Share Your rank gained small market share. What changes should you have made Cumulative Admission Share Cumulative Admission Share Ranking that would account for larger positive change? + You keep trending up - this is excellent! 5 5Quality of Care Quality of Care Your rank + Green Hospital's quality of care increased by 12%. Quality of Care Quality of Care Ranking + You should determine which changes led to this improvement. + QoC may have a positive impact on other areas. + Well done! Burnout Rate Burnout Rate Net Revenue Your rank + You decreased the 8.70% 508 380 816 burnout of your staff, which is good. Burnout Rate Burnout Fate Ranking + What decisions did you make in this round of play that led to decrease in the burnout rate? This metric may factor positive in other areas in which you made substantive progress.Green Team Q search CONGRATULATION - YOU PLAN +1+ ARE THE WINNER THIS WEEK Summary : You increased your revenue despite purchasing & primary care! IT PLAN Reputation did not change C Admissions increased Quality of care increased It Burn out rate wentup INESS What decisions will you make in the final week? Idea You are making small steady improvement in most areas, that appears to be a good strategy Week 4 Congratulations, you have just acquired primary care 'Proposal A' for the price of 3 825 680. This was your 3rd choice. Net Revenue Net Revenue Net Income Margin Your rank + The Green Hospital's 522 651 168 34% net revenue increased A by 5% from the previous period Not Revenue Net Revenue Ranking despite purchasing a primary care. This is excellent. + Can you identify why Lin net revenue increased, and how you might continue the trend?Reputation + Your reputation did not Reputation Net Revenue Your rank change 1.32 522 651 148 The next step is to determine A A + how you can sustain this or improve on reputation. That is, what changes did you Reputation Reputation Ranking make in asset allocation last period? + Once you've determined the factors that led to this, you should decide whether to continue to invest in reputation-making factors, to stay put for the time being and focus on other issues, or to decrease allocations to some areas that support reputation. Cumulative Admission Share Cumulative Admission Share Net Revenue Your Frank + The Green Hospital 37-19% 522 651 189 dat gained small market share. What changes should you have made Cumulative Admission Share Cumulative Admission Share Ranking that would account for larger positive change? + Should you continue this? I would pause and consider capacity, and then decide.Quality of Care Quality of Care Net Revenue Your rank + Green Hospital's quality 1.24 527 651 164 of care increased by 3%. + You should determine which changes led to this Quality of Care Quality of Care Ranking improvement. One 1.54 question to ask, perhaps. is how you can sustain quality? Indones + What decisions you should make in the next round of play to continue your performance? + QoC may have a positive impact on other areas.... Burnout Rate + You increased the burnout of Burnout Rate Net Revenue Your rank your staff, which is not good. + What decisions did you make in this round of play that led to increase in the Burnout Rate Burnout Rate Ranking burnout rate and how can you reverse it? + Continue this trend, and you lose your staff, quality drops, Indexes admissions decrease, and revenue will drop. ED Opioid Fromtags + This metric may factor positive in other areas in which you made substantive progress. How will you pull it all together?Green Team search CONGRATULATION - YOU PLAN 1 1 4 ( ARE THE WINNER THIS WEEK 8&A Summary : You increased your revenue and income increased significantly Increased your reputation IT Admissions increased Quality of care increased Bum out rate went down I INESS What decisions will you make this week to sustain Idea the positive results? You are making small steady improvement in all areas, that appears to be a good strategy. Week 3 Net Revenue + The Green Hospital's Net Revenue Hat Income Margin Your rank net revenue increased 490 543 136 by 1% from the previous period. That's not a huge Net Revenue Net Revenue Ranking increase but it is steady!!! Can you identify why net revenue increased, and how you might IIIIII continue the trend?Reputation + Your improvement in reputation Reputation Net Revenue Your mans is great (8%%), it is better than 1.32 your competitive Blue hospitals but Red hospital is more competitive in admissions. + The next step is to determine Reputation Reputation Ranking how you made such as an improvement. That is, what changes did you make in asset allocation last period? Once you've determined the factors that led to this success, you should decide whether to continue to mvest in reputation- making factors, to stay put for the time being and focus on other issues, or to decrease allocations to some areas that support reputation. Cumulative Admission Share + The Green Hospital Cumulative Admission Share Your rank gained small market 36.50% 190 543 136 share. What changes should you have made Cumulative Admission Share Cumulative Admission Share that would account Ranking for larger positive change? + Should you continue this? I would pause and consider capacity, and then decide.Quality of Care Quality of Care Net Revenue Your rank Green Hospital's quality 1.31 194 543 136 of care increased by 8%. + You should determine which changes led to this Quality of Care Quality of Care Ranking improvement. One question to ask, perhaps, THI is how you can sustain quality? indexes + What decisions you should make in the next round of play to continue your performance? QoC may have a positive impact on other areas.... Burnout Rate Burnout Fate Net Revenue Your rank + You decreased the burnout of your staff, which is good. .. A + What decisions did you make in this round of play that led to decrease in the Burnout Rate p burnout rate and how can Burnout Rate Ranking you sustain it? + Continue this trend, so that you do not lose your staff, quality remains, admissions increase, and revenue continues to rise This metric may factor Outpatient Dotold Fans positive in other areas in which you made substantive progress. How will you pull it all together?Green Team O search CONGRATULATION - YOU PLAN + + + 0 ARE THE WINNER THIS WEEK Summary : You increated your revenue and income Increased significantly Increased your reputation Admissions increased Quality of care increased Burn out rate went down INESS What decisions will you make this week to tum Idea around the negative results? Im Week 2 Net Revenue Net Revenue Net Income Margin Your rank + The Green Hospital's 1.2% net revenue increased by 3% from the previous period. Net Revenue Net Revenue Ranking That's not a huge increase but the income increased by Indexes 526%!!! + Can you identify why net revenue increased, and how you might continue the trend?Reputation Net Revenue Your rank + Your improvement in Reputation reputation is great (49%), it is 1.32 413 634 776 better than your competitive Blue& Red hospitals. So, the next step is to determine how you made such as an Reputation Reputation Ranking improvement. That is, what changes did you make in asset allocation last period? Once you've determined the factors that led to this success, you should decide whether to continue to invest in reputation-making factors. to stay put for the time being and focus on other issues, or to decrease allocations to some areas that support reputation. Cumulative Admission Share Cumulative Admission Share Net Revenue Your rank + The Green Hospital 43 634 776 A gain small market share. What changes Cumulative Admission Share Cumulative Admission Share should you have made Ranking that would account for larger positive change? Indoom + Should you continue this? I would pause and consider capacity, and then decide.Quality of Care Quality of Care Net Revenue Your rank Green Hospital's quality 1.12 493 639 776 of care increased by 3%. You should determine which changes led to this Quality of Care Quality of Care Ranking improvement. One question to ask, perhaps, is how you can sustain quality? Indexes + What decisions you should make in the next round of play to continue your performance? + QoC may have a positive impact on other areas.... Burnout Rate Burnout Rate Net Revenue Your rank + You decreased the burnout #.20% A 493 639 776 A of your staff, which is good. + What decisions did you make in this round of play that led to decrease in the Burnout Rate Bumout Rate Ranking burnout rate and how can you sustain it? + Continue this trend, so that you do not lose your staff, Indexes quality remains, admissions increase, and revenue " Inpatient Opioid Percentage continues to rise + This metric may factor positive in other areas in which you made substantive progress. How will you pull it all together?Green Team Q search CONGRATULATION - YOU PLAN +1+ O ARE THE WINNER THIS WEEK Summary: You increased your revenue by a small margin but income was docreated Increased your reputation I IT PLANE Admissions increased Quality of care increased it Burn out rate wentup INESS What decisions will you make this week to turn around the negative results? Idea Week 1 Net Revenue Net Revenue Net Income Margin Your rank + The Green Hospital's 479 095 948 net revenue increased by 1% from the previous period. Net Revenue Net Revenue Ranking That's not a huge increase but the income increased by 65%!!! + Can you identify why net revenue increased, and how you might continue the trend?Reputation + Your improvement in Reputation Net Revenue Your rank reputation is great (17%), it 1.17 479 095 848 is significantly better than your competitive Blue& Red hospitals. So, the next step is to determine how you made Reputation Reputation Ranking such as an improvement. That is, what changes did you make in asset allocation last period? + Once you've determined the factors that led to this success, you should decide whether to continue to invest in reputation-making factors, 14 to stay put for the time being and focus on other issues, or to decrease allocations to some areas that support reputation. Cumulative Admission Share + The Green Hospital Cumulative Admission Share Not Revenue Your rank 34.775 470 405 548 gain small market share. What changes should you have made Cumulative Admission Share Cumulative Admission Share Ranking that would account for larger positive change? + Should you continue this? I would pause and consider capacity, and then decide.Quality of Care + Green Hospital's quality Quality of Care Net Revenue Your rank of care increased LOB 479 095 068 significantly by 8%. A + You should determine which changes led to this Quality of Care Quality of Care Ranking improvement. One question to ask, perhaps, is how you can sustain quality? Incaves + What decisions you should make in the next Dunportions Opioid Pasesurge round of play to continue your performance? QoC may have a positive impact on other areas.... Burnout Rate Burnout Rate Net Revenue Your rank + You increased the burnout of your staff, which is not 9.67% 479 095 968 good. + What decisions did you make in the first round of play that led to such this Burnout Rate Burnout Mate Ranking increase in the burnout rate and how can you reverse it? If you do not reverse this increasing trend, you will lose your staff, quality will go down, admissions will go down, and revenue will fall even further. + This metric may factor positive in other areas in which you made substantive progress. How will you pull it all together

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