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I need help responding to 2 of my colleagues' postings by building on something said by mypeers, explaining how and why you see thingsdifferently, asking

I need help responding to 2 of my colleagues' postings by building on something said by mypeers, explaining how and why you see thingsdifferently, asking a probing or clarifying question, and validating an idea with an experience.

colleague 1:

It is important to invest in all departments, because as much as you renovate or invest in an area of the hospital, it will help to expand the hospital. Normally, since, we asked to select a department, I chose "education" because there is a lot of advantage when you educate your employee. And when your employees are educated the organization will never go bankrupt.

Employee education opens doors. These opportunities provide tangible benefits which extend from the personal to the organization and into the societal level. On the organization level, employee education grows the number of talented people in a company.

I will name some advantages when your employees are educated.

*Offering employee training is a straightforward and effective way to reduce turnover

*Reduce Layoffs

*Increase productivity

*Improve team functionality which mean team training on communication skills, conflict management, and diversity and equity can also help build trust among employees and reduce time lost to misunderstandings and conflict.

colleague 2:

I would use part of the 450,000 to investigate the reason for the loss in revenue and use some of the money to correct the issues that are causing the loss of revenue. This might mean a system or consultant. Finding out where you are losing money would be the first step. In order to fix it, you have to find out what is broken. A good performance improvement team would be the start of the process.

In order to make money you have to spend money. 450,000 dollars is not a lot of money in healthcare, so you would have to be smart and spend it in the area that will bring the highest return on investment. The areas in a hospital that bring the highest revenue is surgery and outpatient services. I would invest in areas that can make a profit to be able to use the profits to improve other areas. Focusing on providing a new service line such a robotic piece of equipment that will decrease surgery times, improve patient outcomes, educating/training the team and marketing that equipment. A less expensive route would be a new imaging piece of equipment that can provide services that other facilities do not provide in the area. There is a new technology where one technologist can remotely operate multiple MRI machines at the same time. Facilities are able to hire assistants that make less money to place patients on the MRI table and remove them. By doing this, the facility can keep the MRI machine running as different technologists can operate it remotely. MRI is a high-cost exam mostly done as outpatient which means that insurance has approved the exam and there is little to no risk of providing services unfunded. I expect to have a return on investment in about three to six months' time frame with an imaging piece of equipment.

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