Reference no: EM131498697

Assignment: Operating Margins

The following 3 - questions need to be answered in at least one paragraph. Not in essay form It must be fully answered with examples. These questions are based in healthcare; therefore, the responses must be healthcare related.

Please don't give one word responses. Each paragraph must be at a minimum of 200 words.

If it states "Provide support for your strategy or support for your rationale" It must be included.

If you cannot follow the above instructions, please don't take the assignment.

In the scenario, the contract negotiations between North Creek Healthcare and the community hospital concluded with an agreement on non-financial (legal)

1. Suggest the most critical element of the contract and the impact to the short-term and long-term operational strategy of a community hospital. Indicate the potential implications to the hospital's financial targets.

Imagine you work for a hospital where the operating margins have been consistently below national norms for the past three (3) years.

2. Discuss one key driver of the below average performance.

3. Suggest one strategy to improve the future management of the driver that you've discussed