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Management article
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Reference no. 91506
Authors: Anthony R Kovner
Published by: Harvard Business Publishing
Published in: "Harvard Business Review", 1991

Abstract

Blake Memorial Hospital was in poor financial health, due to rising costs and stagnating revenues. The hospital''s quality of care was also a major problem, and its clinics were losing over $250,000 a year. As the new CEO worked on the 1992 budget, he saw he would have to cut some services in order to fund others. One service he was considering cutting was the clinic program. Experts from public service and health care comment on the issues.

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Abstract

Blake Memorial Hospital was in poor financial health, due to rising costs and stagnating revenues. The hospital''s quality of care was also a major problem, and its clinics were losing over $250,000 a year. As the new CEO worked on the 1992 budget, he saw he would have to cut some services in order to fund others. One service he was considering cutting was the clinic program. Experts from public service and health care comment on the issues.

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