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Hospital Revenue-Generating Strategies

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Revenue-generating strategies include expanding centers of excellence, gaining increased market share, improving services, strengthening relationships with physicians, segmenting the market, etc. Defensive strategies include collaborating, performance improvement, reducing losses associated with physician networks etc. In the market place what do you think are the options hospitals and multi-hospitals systems are taking? Why?

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This solution discusses hospital revenue-generating strategies.

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In my marketplace the options that hospitals and multi-hospital systems are taking, include improving services, due to the fact that improving services is a methodology by which hospitals and multi-hospital systems gain client satisfaction, which leads to return business from these clients, as well as free word-of-mouth advertising from these clients, which produces additional clientele for the hospital organization, and continuous revenue generation. An ...

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