Financial planning is a key element in the implementation of the strategic plan to ensure organizational objectives are met. The objective of this paper is to continue to develop the overall strategic plan for Civista Mecial Center as they plan to implement a cardiac rehabilitation program. The projected budget will be discuseed along with financial assumptions and capital expenditure planning. The budget will be summarized and the projected budget for phases I and II will be included.
Focus of the Program
The cardiac rehabilitation program at Civista Medical Center (CMC) will be supervised by professionals with the aim of helping people recuperate from cardiac events, surgery, and cardiac procedures. The program will be designed to
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Strategies will be formulated and progress will be evaluated with adjustments as necessary. The strategic plan for the organization will be developed by the Chief Executive Officer and Board of Directors with input from all stakeholders including patients, volunteers, physicians, employees, and community members. The strategic plan is based on the issues that are considered to be most critical in support of cost effective, high-quality care and services. Many of the strategic imperatives are important related to building trust through external agencies that rate the quality of care provided. High ratings are critical for the organization to maintain trust and support in the community served.
The quality of care and safety of patients at Civista Medical center is the highest priority for the entire organization including the proposed cardiac rehabilitation program. In the years ahead, there are opportunities to enhance the level of care and improve the safety of the environment. The projected budget peiod will include 3 phases. Phase 1 will cover the initial 6 months. Phase 2 budget progjections are for the period up to 2 years. Finally, the third phase includes a 3-5 year period. Civista will strengthen its existing culture by implementing best practice, evidence based, and performance improvement projects to achieve even better outcomes. This will be accomplished through the
Strategic Planning is an essential first step in the development of a result-base accountability system,” (Schilder, 2013, p. 1). In strategic planning an organization must know their goals, missions, and how to reach them. Health care facilities are in huge demand for the elderly and for people who lives in low-income communities. A person who receives good quality health care services can prevent the spread of contagious diseases. This paper will describe the need of the community, population it is serving, and a brief description of the facility.
follow-up appointments are needed to determine how effective the surgery was, to confirm that progressive exercise is safe, and to monitor his or her recovery and control risk factors. The surgeon should refer you to cardiac rehabilitation .Cardiac rehab is a medically supervised program that helps improve the health and well-being of people who have heart problems.
To guarantee that its members receive appropriate, high level quality care in a cost-effective manner, each managed care organization (MCO) tailors its networks according to the characteristics of the providers, consumers, and competitors in a specific market. Other considerations for creating the network are the managed care organization's own goals for quality, accessibility, cost savings, and member satisfaction. Strategic planning for networks is a continuing process. In addition to an initial evaluation of its markets and goals, the managed care organization must periodically reevaluate its target markets and objectives. After reviewing the markets, then the organization must
RECOMMENDATION There is “an inherent conflict between best care and financial performance”. The CEO states that “Finances are not, and never have been, our primary concern.” However, the business must address its decreasing profitability to be able to continue to survive. This will become even more urgent if the reduced government spending that the CEO foresees happens. The organizational culture is high quality care, high-performance and non-profit which must be taken into account in any solution. The healthcare business has a clear focus and is very successful at continually improving its patient care and processes. While clinical performance improvements have resulted in revenue losses for the Intermountain healthcare business the Intermountain health plan, SelectHealth, and other health plans that buy Intermountain health care services have benefitted. Intermountain needs to translate these benefits into additional profits to support its main business, healthcare. Its skill at providing this care should translate into significant market advantage for SelectHealth and for Intermountain when selling
Today, health care is one of the most the important subjects in United States. There are many Private and nonprofitmaking organization dedicated to health care. This paper discusses the readiness of Kaiser Permanente as a health care organization to respond the future health care needs of citizens. This paper also contains its strategic plan that addresses issues relating to network growth, nurse staffing, resource management and patient satisfaction.
Without strategic planning, several things can go wrong including missing out on great opportunities. Strategic planning is an organization’s outline to help achieve its purpose. Although strategic planning begins at the top of the pyramid, it is more effective when it is carry out as a whole among other in the organization. Having a good internal control system in place protects an organization from high risk, fraud, and more. Jackson Memorial Hospital has several weaknesses which are similar to its competitors and other health care organizations. For instance, Mount Sinai Medical Center one of Jackson Memorial’s competitors, encountered lack of strategic planning that led to many issues such as with readmissions, surgical complications,
Implement measures to improve cardiac output: perform actions to reduce cardiac workload: place client in a semi- to high Fowler's position, instruct client to avoid activities that create a Valsalva response, implement measures to promote emotional and physical rest, implement measures to improve respiratory status, discourage smoking, provide small meals rather than large ones,
Trinity Hospital is a 150-bed facility located in the southeast United States. The hospital offers a range of services varying from internal medicine to neurology, and boasts a dedicated nursing staff and community-recognized excellence in patient care. While the hospital stands out in terms of excellence in several distinct areas of patient care, Board members an other higher-ups within the Trinity community have begun strategically planning for significant upgrades to the hospital in terms of what type of care is offered to patients being treated at Trinity. A strategic plan targeting oncology, orthopedic, and cardiovascular care has been developed in hopes of generated new revenue, new clientele, and new status for the hospital should these plans be carried out.
What is it you would like to achieve within the time frame of the CRC project (i.e. in the period 2015-2017)? When you set your goals, you should consider your baseline and the resources available to you as a community. Keep in mind that the CRC project requires you to achieve a minimum score of 3 to receive the designation “Cardiac Ready Community”. Preferably the project would like you to work toward achieving a score of 4.
Visiting Angel’s organization was able to respond to the internal and external changes/challenges by strategically considering all possible factors before hand. Based on SWOT analysis findings some of the challenges and weaknesses are: reduced funding by predicted resources and government finances, insurance company’s limiting access to care, lack of technology viewed as inability to achieve high quality levels, and the growing numbers of uninsured/underinsured patients. Other unfavorable factors that were identified were: workforce shortages and inability to keep nurses in the profession of assisted living, the need to
It has not been easy for Baylor Scott & White Healthcare to travel this journey, as it had to align its policies to the national health care priorities and embrace a slogan STEEP to provide quality healthcare to its clients. The organization bears a high quality strategy that is well spelt out in its vision and mission. The organization has worked to ensure that all the stakeholders make quality healthcare a priority. In other words, the organization has worked hard to link performance management incentives to clinical indicators and in the end create a multidisciplinary healthcare improvement operations team that can function across all
Myocardial infarction takes so many lives every year in all around the world. Therefore, Cardiac surgeries are playing a very important role in saving the human lives. Different types of open heart surgeries have been performed in the United State. The two main ones are Sternotomy and Minimally invasive open heart surgery. As a registered nurse, I worked in cardiovascular unit for over two years. Working with minimally invasive surgeon provided me an opportunity to compare the recovery length for patients who are going under these types of surgeries. In this research the length of hospitalization will be studied. The Goal of this research is to compare the length of the hospitalization and the recovery time.
Having a clear vision is extremely important in order to accomplish goals in life and a well-defined strategy is essential in order to fulfill that vision, thereby, both visioning and strategic thinking go hand in hand. As Souba (2004) states that, “[v]ision without a strategy is a daydream; strategy without vision is a nightmare’” (p. 447). It is evident how this competency is essential in each and every sector, in my opinion; this competency will help in the betterment of healthcare sector as well. This paper will address the importance of having a clear strategy and vision pertaining to the healthcare sector and illustrating a case in the light of it.
rehabilitation appointment scheduled to occur within 7 days of hospital discharge.[2] A streamlined AMI cardiac rehabilitation referral and
Strategic Planning: Due to the current issues, both internally and externally, the organization is facing, Dr. Townsend is challenged to prepare an action plan to implement the proposed strategy needed to restore the organization back to financial health and improve the morale among the physicians and support staff. Another course of planning Dr. Townsend will challenge is the organizations old structure into a way that all patients will be satisfied.