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NO APA FORMAT ONLY HAS TO BE 300 WORDS

The business plan of a healthcare organization describes the purpose of the HCO and lends structure to its organizational goals. The strategic plan is used as a directional guide. Review the recommended article by Varkey and Bennet (2010). Answer the following questions:

· What is the difference between a healthcare organization’s business and strategic plan? Be sure to include the purpose of each plan and how they relate to one another.

· Why is it important for a healthcare organization to develop a strategic plan?

Include in-text citations and references for at least two scholarly sources. 

Reference

Varkey, P., & Bennet, K. E. (2010). Practical techniques for strategic planning in health care organizations .. Physician Executive, 36(2), 46-8. Retrieved from http://www.physicianleaders.org/news/journals/plj