RDP Task 1.docx Acquisition Management and Strategy Western Governors University Intr

RDP Task 1.docx    Acquisition Management and Strategy  Western Governors University  Introduction  As an organization it is important that we grow to improve patient outcomes by providing an all-encompassing standard of care. Our hospital has recently acquired a multi-specialty practice that will add to our already high level of healthcare delivery. As with any growth, there will be obstacles and adaptation that require a strong strategy and implementation plan to achieve the highest comfortability for all our key stakeholders.   Key Stakeholders-A1  There are several key stakeholders that will be impacted with this opportunity of growth. One is the physician owners whom previously led this practice. The physician owners will impacted by the importance of operational decisions being shared with our hospital leadership. This potentially could lead to creative differences that will ultimately lead to a better-rounded standard of care of all our patients. There is the potential for irreconcilable differences that could potentially lead to the loss of some physicians. It is important that we remain cognizant and understanding of these differences to minimize this loss. Another impact will be increased patient visits. In order to provide better post-admission care for our patients, the practice will take on more follow up cases. This will ultimately lead to higher patient satisfaction. The increased patient load could potentially lead to increased hours of operation that will require longer wor