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Abstract

Recent changes in the psychiatric hospital industry are generating a substantial demand for turnaround management strategies. The authors describe a turnaround management plan implemented at a 60 bed psychiatric hospital. Key operating and financial indicators are reviewed, and the steps taken to address the turnaround are described. Results after one year are presented, and the implications for turnaround management in other mental health organizations are discussed.

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Larcen, S.W., Black, J.F.H. Turnaround management in psychiatric hospitals. Adm Policy Ment Health 20, 135–149 (1992). https://doi.org/10.1007/BF00706079

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