Historically, hospital turnaround situations have been associated with institutions that experienced gradual and incremental performance declines over an extended period of time. Today, the environment is different. Even the performance of fairly well-run institutions can come to an unexpected and abrupt halt due to internal changes and shifts in the market place. The reality, however, is very few healthcare institutions drift into a financial distress mode without having "early warning signs" about the direction of their organizations' performance.

The first of its kind, the Hospital Early Warning System (EWS) by VSE is an innovative computerized hospital diagnostic and risk assessment tool aimed at predicting "organizational" performance decline. In addition to examining a hospital's organizational structure, Board and management effectiveness, and medical staff integration, this diagnostic tool provides a comprehensive assessment of the organization from a strategic, operational, and financial perspective.

The EWS is intended to assist C-Level executives, including CEOs, COOs, and CFOs, in developing a more potent and competitive organization by ensuring that institution possesses the basic ingredients for a well-managed hospital.

Some of the benefits of using EWS include:

  • It is a great tool for performing an comprehensive organizational check-up
  • It accelerates the performance improvement process through the use of technology
  • Its allows an organization to rapidly identify potential areas of exposure early in the process and develop a "priority oriented" course corrections
  • It improves leadership and management effectiveness
  • It aids in the hospital's strategic planning and budget development process
  • It offers options for the organization to develop the most effective structure and process for succeeding in the future.