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Implementation of the balanced scorecard at Barberton citizens hospital

✍ Scribed by Chuck Josey; Il-woon Kim


Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
284 KB
Volume
19
Category
Article
ISSN
1044-8136

No coin nor oath required. For personal study only.

✦ Synopsis


Abstract

Increasing competition in the health care industry has caused many hospitals to use innovative management tools to improve performance and maintain competitive advantages. At Barberton Citizens Hospital, a balanced scorecard was implemented recently when senior management redefined the hospital's mission and corporate values. The results were impressive. Operational measures improved during the first year of the implementation, and they led to a significant increase in revenues and profit. © 2008 Wiley Periodicals, Inc.


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