s the newly appointed Chief Executive Officer of a hospital facing significant financial challenges,

s the newly appointed Chief Executive Officer of a hospital facing significant financial challenges, your task is to formulate a comprehensive strategy to rescue the institution from its current predicament. List and describe the top five strategic initiatives you would implement to revitalize the hospital. Additionally, critically analyze the option of filing for bankruptcy and provide a well-reasoned argument supporting or refuting its consideration. Justify your decisions based on financial, operational, and ethical considerations, demonstrating a thorough understanding of the complexities involved in managing and rescuing a financially troubled healthcare organization.

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