How to deal with another center opening within the area

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Must- 300 words or more, references in APA format and NO PLAIGRISMS PLEASE.

Consider the following scenario: You are currently working at a large academic medical center in an urban community. For the last several weeks, you have heard that other health care organizations are looking to build within a 10-mile radius of your organization. Your CEO has asked you to research the other organizations and how their services are similar and different to what a community based hospital such as Healing Hands Hospital currently offers.

Discuss the following questions:

  • What are some of the business and financial implications that may affect staffing, programs offered, and policies and procedures at community not-for-profit hospitals and large academic medical centers? How do those business and financial implications differ between the two organizations?
  • What financial impact could occur if a for-profit-organization builds within your community?
  • What are some financial benefits of being an academic facility?