2. You are the CEO of a small hospital located in a southeastern state. You have successfully competed with larger hospitals in the area because your hospital is more e than the larger hospitals, and you have a dedicated staff of doctors who have remained you despite receiving lower pay than doctors at the large hospitals. Your hospital serves a rural population of mostly lower middle class farm families who small tracts of land. Most of those small farms have been passed down from generation generation. In addition, your hospital serves a large population of immigrant families as farm hands on the local farms. Most of these families live at or below the poverty le Yours is the only hospital within 50 miles. Recent news reports have caused you great concern. Several of the large hospitals have successfully sued by patients who claimed they were injured as the result of medical m At least six hospitals have paid out multi-million-dollar damage claims, some of which punitive damages. You realize that even one such lawsuit would likely put your hospital out of business. conference of small rural hospitals that you attended, several CEO's warned that ours become a very litigious society and that small hospitals need to protect themselves from frivolous lawsuits. One speaker suggested that the tort laws should be changed in order prevent these huge damage awards. The more you listened, the more you realized that kinds of lawsuits could destroy your business, leaving many patients without hospital s The last speaker at the conference was a lobbyist hired by the hospital industry to try to the state legislature to pass, among other things, a law placing a cap on damage awards medical malpractice. He invited all interested hospital CEO's to join in the effort to re tort law. One of the members of the Board of Directors of your hospital also attended the confer has reported back to the full Board. As a result, the Board has voted to support the ide reform. The Board has directed you to present, at the next meeting of the Board, a plan reform in your state. Describe, in detail, the plan for tort reform that you will present a Board meeting