Review the three scenarios and plan of action in the document below. Then complete the steps that follow. Complete an examination of the impact and alignment of the scenario/action in relation to the LMVVS. Carefully identify parts of the LMVVS that align with or pertain to the scenario. Based on the examination completed, record and defend a recommendation to either proceed with the action or to place a moratorium on the action. Record all responses in the document below.

Scenarios-Reflect on Live Well's Mission/Vision and Values Statement

Scenario One:The purchasing department has been challenged to cut costs as healthcare reimbursement is decreasing. Mike, the manager, has been reviewing contracts, and a local contract with Durand Cleaners has caught his attention. LiveWell sends all daily linens/towels etc., to Durand for a monthly cost of $4800. Durand cleaners offer excellent service and have consistently responded to urgent issues. Mike knows that the big city located 55 miles south has CitySuds cleaning service, and they have offered LiveWell a 2-year contract with a $4450 monthly cost. Mike recommends changing cleaners effective next month so that LiveWell can take advantage of the deal from CitySuds Cleaners.

1a. Examine the Impact:

1b. Identify Connection to LMVVS:

1c. Recommendation of Action:

Scenario Two:The CFO met with the Director of HIM and recommended that she evaluate a nationwide transcription company, FastScript, which will charge 0.08 cents per transcribed line. Lately, the medical transcription staff has not been able to keep busy, resulting in some transcriptionists being forced to take up to four hours without pay per pay period. There are now only five full-time transcriptionists left on staff since the EHR deployment, and the CFO wants to discontinue in-house transcription and outsource all transcription to FastScript.

1a. Examine the Impact:

1b. Identify Connection to LMVVS:

1c. Recommendation of Action:

Answer rating: 100% (QA)

Scenario One 1a Examine the Impact Switching to CitySuds Cleaners may result in cost savings of 350 per month However there could be potential risks a... View the full answer