Recommendations on Achieving Profitability for HospitalMay 2017 - August 2017
Hospital Evangelico, in the city of Siguatepeque, Honduras, was established in 1949 by the Central American Mission from Dallas, USA. The hospital offers affordable services and programs to reach people in need. The mission of Hospital Evangelico is “to promote total health: physical, emotional, social and spiritual.” It offers a full range of clinical and diagnostic services, in addition to providing nursing education and community outreach programs. An intern was engaged to conduct an analysis of the hospital’s current financial situation and deliver recommendations and a roadmap to aid the hospital in meeting its goal. The student intern assessed and provided recommendations within the following areas: organizational structure, workforce (wages, benefits, turnover, skilled vs. unskilled, employee satisfaction), infrastructure/operations, internal processes, patient trend, revenue, costs, donations, financial reporting/metrics, and organizational culture.