Impact Report to Senior Leadership Essay

SWOT Analysis is a simple but useful framework for analyzing your organization's strengths and weaknesses, and the opportunities and threats that the company face. It helps you focus on your strengths, minimize threats, and take the greatest possible advantage of opportunities available to you will giving you the opportunity to ward off possible threats from external sources.

SWOT ANALYSIS Swot analysis refers to the strength, weaknesses, opportunities and the threats that a business faces. Every company has its strengths, weaknesses, opportunities and threats that it faces.

SWOT Analysis: Henry Ford Health System Joan Baker Baker College HSC 315/03017 May 5, 2016 SWOT Analysis: Henry Ford Health System What is a SWOT Analysis? A SWOT analysis is a tool used to identify the strengths, weaknesses, opportunities and threats of an organization. A SWOT model measures what an organization can or cannot do as well as the possible opportunities and threats. This is done by taking data from the organization’s environment, analyzing the information and separating it into the internal (strengths and weaknesses) and external (opportunities and threats). When this is completed the analysis can create a plan for the organization to achieve its goals, and identify what difficulties must be overcome to attain

Transitions of Care There is a problem of avoidable hospital readmission rates for the Medicare and Medicaid populations that lead to adverse consequences not only for the patient, but also the payer and hospital. In order to decrease these avoidable readmission rates it is important to identify processes that can be implemented at the health plan level such as pre-discharge hospital visits by health plan staff, and post-discharge care coordination.

A strengths, weaknesses, opportunities, and threats (SWOT) analysis is a situational analysis in which internal strengths and weaknesses of an organization, and external opportunities and threats faced by it are closely examined to assist management with planning and course correction (BusinessDictionary.com). Managers can use the results SWOT analysis to determine how competitive the organization is in its industry and to develop an effective organizational strategy. Though commonly associated with for profit organizations, SWOT analysis also are carried out by public institutions such as, hospitals, government agencies, and schools. The County College

This model reimburses hospitals based on quality of care instead of the volume of patients. The quality of care is assessed by patient questionnaires and if hospitals are unsatisfactory penalties may be imposed (Edwoldt, 2012). The value-based system also affects Medicare and Medicaid. It was reported that Medicare readmissions within 30 days of discharge cost 17 billion dollars annually (Edwoldt, 2012). Due to the high costs of readmissions Medicare and Medicaid have implemented a Hospital Readmission Reduction program. A formula is utilized to evaluate readmission rates within 30 days of discharge for any medical reason related to their original admission such as heart failure and pneumonia. Upon review the hospital is potentially penalized. It is important that nurses strive to provide excellence in care despite their beliefs on the ACA. Nurses have the ability to provide a safe patient environment and reduce the risk of hospital associated infections by following hospital protocols such as hand washing.

3. SWOT - A SWOT analysis is a summary of the present position of the strength, weakness, opportunities and threat of the organization.

Thousands of Medicare recipients are admitted to the hospital on a daily basis. The majority of admissions are not preventable, but research and studies have shown that patients discharged from varying hospitals are more likely to be readmitted to a hospital (Jencks, et al., 2009; Epstein, A et al., 2011).

This brief describes in short, the Medicare Hospital Readmissions Reduction Program established in the Affordable Care Act (ACT, 2012), that provides a financial incentive to hospitals to lower readmission rates. Hospitals fear unintended consequences for safety-net hospitals that may threaten care for vulnerable populations. Patient’s who refuse to change life style and comply to

Introduction Healthcare costs in the United States (U.S.) have escalated exponentially in recent years due to many factors. The Affordable Care Act was legislation passed in 2010 to attempt to change the delivery of healthcare in the U.S. and circumvent the continued rising healthcare costs. A major factor contributing to healthcare costs is the Medicare population and their readmission rates to the hospital within 30 days of discharge. This factor involves many layers of services and financial implications. This paper will discuss how healthcare quality results in hospital readmission, the fines that are imposed by the government through Health Readmission Reduction Program, the changes implemented by hospitals to decrease readmission

In my current role a President of our integrated care network, one are largest cost outliers in our Medicare cost report was our 30 day readmission rate. The government has defined 30 days as the time period they feel a patient should be not readmitted to a hospital for certain diagnoses. Studies have looked at the groups that have had intervention in terms of discharge planning, and those with no intervention or discharged in a "usual" fashion from an institution. A study in the journal Circulation in 2013 looked at this exact question and found that following certain protocols could reduce the readmission rates in heart failure patients (Bradley, et al., 2013).

It is apparent the Medicare readmission rates are a concern. In fact, to help reduce unnecessary readmissions, the government established a hospital readmissions reduction program (HRRP) in 2012 (CMS, 2016). This program requires CMS to reduce payments to those hospitals having avoidable readmissions (CMS, 2012). The CMS provides hospital compare datasets with information on hospital compliance to HRRP, or lack thereof. Because Advocate Health Care is the largest health system in Illinois and named among the nation’s top health systems based on quality, our group chose to research the readmission data on the hospitals within the Advocate system (Advocate Heath Care, n.d.). According to CMS’ hospital compare datasets (2016), the number of CHF readmissions among Medicare patients at Advocate Illinois Masonic Medical Center (IMMC) and Advocate Trinity Hospital (ATH) were 313 and 418, respectively, for the time period between July 1, 2011 and June 30, 2014. In 2015, Medicare reimbursement for IMMC was reduced by 1% as a result of having excess readmissions, which is an increase of 0.02% over 2013 (Chicago Tribune, n.d.). In the same year, Medicare reimbursement for ATH was reduced by 1.13%, which is an increase of 0.39% from 2013 (Chicago Tribune, n.d.). Both of these hospitals are located in Chicago,

For years, healthcare costs have continued to increase in the United States and policymakers are constantly trying to find ways to reduce spending. According to reports, in 2011, about $900 billion out of the $2.6 trillion annual health care spending was wasteful spending. In the following year, there was a reported $690 billion wasted annually on healthcare. This wasteful spending is attributed to ineffective health care delivery, cost of adverse events, and poor care coordination that has led to avoidable readmissions (Lallemand, 2012). In the United States, readmissions are the highest amongst patients with chronic diseases accounting for about 90% of avoidable readmissions in 30 days after discharge, and costing the industry an estimated $17 billion. These readmissions are a result of inadequate discharge planning, lack of follow-up, and lack of education on disease management (Jayakody et al., 2016). Policymakers on the federal and state level have developed and implemented several programs, some varying state to state, to help reduce wasteful spending while improving quality of care.

SWOT analysis provides a structure for analyzing either your own strengths and weaknesses, and the opportunities and threats you face, or in a work context for analyzing the strengths, weaknesses, opportunities and threats a business or event faces. Ideally it is one step in a process which helps you to

• Who would conduct the concept evaluation and with what tools? An examination of Strengths, Weaknesses, Opportunities and Threats (SWOT) is an old advancing stand-by and in light of present circumstances is a significant follow up to an evaluation structure.