phase 3

STRATEGIC PLAN

Dayana Lewandowski

Florida International University

March 16, 2020

Product and market improvement

Parklands will improve its innovation. Moreover, this will improve the patient's experience. The company is also offering training programs for its employees. Investing in tools and resources will enable the company to achieve consistency as well as predictability of results, (Miller,2019). In order to improve the experience of the patient and family, the organization will ensure patients access, eligibility assessment, and care authorization more patient-centred. 

Financial benefits

One of the strategic plans of the organization is to lower the per capita cost of care while improving the quality of care and experience of care, (Orenstein, et al., 2018). Access to financial capital important to any health care organization that responds to changes in the society, acquire new technology, renovates or replaces equipment, and offers new programs. Non-operating income includes fines billed to patients for late payment. Non-operating income can be earned through selling equipment, (Lang, et al., 2016). The operating margin is expected to increase due to the quality of care offered. The company also plans to reduce waste, eliminate care that does not add value, and introduce new health care practices that address the health needs of the community. 

Operational benefits

Patients who visit the hospital seek care in small ways and others in major ways. The main role of health care providers is to relieve suffering from patients. The organization has a consistent as well as patient-centred care. In addition, the organization has also come up with direct patient care. This has been achieved through training thousands of health care providers. The health care organization has a teaching mission. One of the goals of the health care faculty is to achieve well-coordinated, value-driven and empathic care. This can only be achieved through the team that includes faculty and non-faculty members working together, (Brest & Harvey, 2018). The expectation of all the workers to add value will be incorporated into the process of workers focused effort in hiring, recruiting, training and accountability in job performance. 

The community needs realization and benefits

A community refers to a public institution. The organization is meeting the needs of the community through developing an ongoing communication between Parklands management and the community, (Erbelding, et al., 2018). The health care facility is also reviewing reports to determine which areas to prioritize and allocate resources in order to maximize the impact. They are also organizing outreach activities to improve coordination and engagement. This has contributed to the eradication of health disparities and value-based care. The organization will partner with the community by creating a system of support to connect with society. 

Reference

Brest, P., & Harvey, H. (2018). Money well spent: A strategic plan for smart philanthropy. Stanford University Press.

Erbelding, E. J., Post, D. J., Stemmy, E. J., Roberts, P. C., Augustine, A. D., Ferguson, S., ... & Fauci, A. S. (2018). A universal influenza vaccine: the strategic plan for the National Institute of Allergy and Infectious Diseases. The Journal of infectious diseases, 218(3), 347-354.

Lang, J. R., Crosby, C., & Kwong, E. (2016). New Law: Creating Your Strategic Leadership Role in the Future of Law. TALL Q., 36, 8.

Miller, W. (2019). To see in new ways: ACRL’s Strategic Plan and you. College & research libraries news, 57(7), 444-452.

Orenstein, W. A., Hinman, A., Nkowane, B., Olive, J. M., & Reingold, A. (2018). Measles and rubella global strategic plan 2012–2020 midterm review. Vaccine, 36, A1-A34.