I almost said from administration, but it's just the cousin formerly known as Matt:
I need a quick primer.....on the one hand Essent is criticized for being money grubbers, putting the almighty dollar ahead of patient care. Then, when the hospitals show losses, they are criticized for not making a profit.
I am quite sure you can reconcile these apparently opposing conclusions.
Guess they're doing a poor job of money-grubbing?
Actually, the two opinions are not mutually exclusive. A hospital can be fiscally responsible, without covertly spying on staff. It's all in the how.
It can monitor the orders so as to have justification for tests run, rather than rejections. It can set specific goals...rather than wavering in the wind...and invest its employees in the process.
Essent jumped in with both feet, not just discounting suggestions, but ignoring them entirely. "We're from Nashville, and you poor hicks ought to worship at our feet." Well, the feet have been proven to be of clay.
Obviously, strategic plans have to change, with the change in the top. But, beware boys and girls: the shifting sands might get you...or possibly the red ink....
3 comments:
Did I say cousin? I meant nephew.
Matt: "I need a quick primer.....on the one hand Essent is criticized for being money grubbers, putting the almighty dollar ahead of patient care. Then, when the hospitals show losses, they are criticized for not making a profit.
I am quite sure you can reconcile these apparently opposing conclusions."
Is it not possible to be both incompetent AND (in Matt’s words) a money-grubber? I’m not stating this IS the case with Essent Healthcare; however, to discount this notion is just plain silly.
Please look at the fiscal losses, and Essent Healthcare as a whole. Then, come to your own conclusions.
Funny, the hospital I work for is a non-profit, and they made money.
PRMC is a for-profit, and losing money.
Am I the only one that sees the bass-ackwardness of this fact?
Were it not for one hospital, the entire sprawling empire would be awash in red ink. How can such a massive corporation, the brainchild of W. Hudson Connery, he of the vision, drive and foresight, be doing so poorly?
No wonder Hud got kicked off the island.......in fact, quite a few losing teams have been known to fire the coach after a few losing seasons.
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