What kind of adjusmnets hospital CEO must make to meet helath reform ( Essay

What kind of adjusmnets hospital CEO must make to meet helath reform ( ACA) requirements - Essay Example This paper indicates the possible actions that a hospital CEO would undertake to tackle the challenges and take advantage of the opportunities the Act presents. It is divided into six sections that are meant to answer the question. Likely questions that a hospital CEO would ask him or herself include how the Act will be applied to the hospital, what the Act means for his or her hospital and what strategic concerns should be regarded to prosper in the environment resulting from the Act. The Affordable Care Act is composed of resources and plans to manage growth local, federal and the state workforce. The Act offers loans and grants for persons, hospitals, organizations, and schools. Those who are mainly targeted are those who have interest in low earnings and in the countryside. The Act maintains the number of graduates taking medical courses who are funded by Medicare. It has provisions that allow the redeployment of slots that have not been allocated to anyone. Redeployment of closed hospital slots is aimed at exploiting healthcare resources and prospects in training (Main & Starry, 2010). When the aging workforce is considered with the demand for services in healthcare, especially if the general population is made up of a large number of old persons, then this raises a great concern for hospital CEO’s. Who will take care of this ageing population if the general healthcare workforce in the hospital is ageing? Healthcare professionals and workers above the ages of 55 are regarded as part of an ageing workforce. As the hospital CEO, one will seek to take advantage of the Act and seek the grants that it offers. These grants will then be used by the hospital to sponsor bright needy students undertaking medical courses in institutions around the country. The terms for sponsorship shall include provisions which shall ensure that sponsored students will work for the hospital in return for a period of not less than ten years. This way, the