Negotiation Strategies For Hospitals | Negotiating Strategies - Conversations With VIE

Negotiation Strategies For Hospitals | Negotiating Strategies - Conversations With VIE

http://www.viehealthcare.com - In this video, Lisa Miller shares how our team helped a hospital achieve $1,000,000 in cost savings through constructing a negotiation strategy.
If you want to learn more about Negotiation Strategies For Hospitals you can visit: https://www.thehealthcareleadershipexperience.com/

This video covers the following subjects:
-Negotiating strategies
-Negotiation process
-Basics of negotiation
-Negotiation Tactics for Healthcare
-What are negotiating skills in health and social care?
-Negotiation Strategies for hospitals

A big obstacle to resolving conflicts is people take a stand on positions--what people want, instead of why they want it. Therefore, think about what is driving the other person's behavior. The Malhotras use the example of a trauma surgeon and emergency physician at a Level I Trauma Center, who both want to oversee trauma resuscitations. Since only one person can be in charge, consider each person's underlying interest. The trauma surgeon may value his or her role as "captain of the ship," a requirement for Level One certification by the American College of Surgeons. The ED physician, on the other hand, may want to preserve the educational experience for his or her residents. The solution? A compromise that names the trauma surgeon as the captain of the ship and allows the ED residents to lead the resuscitations and do the procedures.

Communication skills are essential to collaboration and compliance, they write. People are more likely to accept risk (such as a particular treatment or drug) when the discussion is framed as a way to avoid a loss. For example, they write, consider the case of a hospital administrator who has to choose between two growth initiatives: a new clinic in a growing area or a merger with a neighboring hospital. Although both have the same anticipated level of success, the merger has a higher risk. The new clinic may be less risky, but if the administrator thinks about how the hospital margins are shrinking, he or she may consider a merger to avoid further erosion.

All the people at the table may throw their support behind a particular policy, but often board room decisions take a wrong turn when they announce the new policy to the healthcare professionals that must follow it. Robust strategies take all the relevant parties into account and include them in the discussion.

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If you would like to find out more about negotiating strategies I recommend you to take a look at our various other videos: https://www.youtube.com/channel/UCB1WOnv5GlYGf39sMzrU6gw
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