Exam ContentNow that you have completed your organization’s SWOT analysis, you need to formulate your strategy. Setting your strategic goals establishes...

1 answer below »






Exam Content































  1. Now that you have completed your organization’s SWOT analysis, you need to formulate your strategy. Setting your strategic goals establishes how you will align your plans with the performance expectations at the organizational level to gain competitive advantage in the health care industry. In this assignment, you will demonstrate skill in

    financial management


    when you evaluate financial and economic issues affecting a health care organization.














    Assignment Directions






    Complete


    the

    Stevens District Hospital’s Strategic Goals Worksheet.

















    Submit


    your assignment.











    Resources
































HCS/499 v5 Stevens District Hospital’s Strategic Goals Worksheet HCS/499 v5 Page 2 of 2 Stevens District Hospital’s Strategic Goals Worksheet Assignment Directions For this assignment, you will identify 4 strategic goals total that support Steven’s District Hospital’s mission and vision. You will identify 1 strategic goal for each of the following areas: financial, economic, legal or regulatory, and risk- or quality-improvement. In the “Goals” section of this worksheet, write a 260- to 350-word response for each of the 4 goals. Include the following in the provided spaces for each category: · Goal: For each category, identify a clear, actionable, and measurable goal for the hospital that clearly supports the organization’s mission statement and vision statement. · Mission and vision alignment: Analyze how each goal supports the hospital’s mission statement and vision statement. · Measurement: Explain how you would measure progress toward each goal. · Discuss milestones necessary for progress. · Discuss the criteria you would use to measure that the goal was completed. Incorporate analysis based on your review of the data provided in the Stevens District Hospital Strategic-Planning Scenario and your Wk 3 - Summative Assessment: SWOT Analysis. Review the following completed examples: · Example Goal Increase the number of cardiac catheterization labs from two to three labs. · Example Mission and Vision Alignment The goal supports the hospital’s mission and vision because it increases outpatient testing volume and revenue and provides capacity to be able to recruit an additional cardiologist. This can improve the health of the community by treating heart disease sooner. · Example Measurement The number of catheterization labs would be measured at the end of the year to ensure Stevens District Hospital is making progress toward the goal. We would also calculate the volume of catheterizations completed by the end of year. Cite sources to support your assignment. Format citations and references according to APA guidelines. Goals Financial Goal Goal Mission and Vision Alignment Measurement Economic Goal Goal Mission and Vision Alignment Measurement Legal or Regulatory Goal Goal Mission and Vision Alignment Measurement Risk- or Quality-Improvement Goal Goal Mission and Vision Alignment Measurement References Copyright 2022 by University of Phoenix. All rights reserved. Copyright 2022 by University of Phoenix. All rights reserved.
Answered Same DayDec 18, 2022

Answer To: Exam ContentNow that you have completed your...

Asif answered on Dec 19 2022
37 Votes
Page 7 of 7
STEVENS DISTRICT HOSPITAL’S STRATEGIC GOALS WORKSHEET
Student Name:
Student ID:
Module Number:
Table of Contents
Introduction    3
Financial Goal    3
Mission and Vision A
lignment    3
Measurement    3
Economic Goal    4
Mission and Vision Alignment    4
Measurement    4
Regulatory Goal    4
Mission and Vision Alignment    5
Measurement    5
Quality Improvement Goal    5
Mission and Vision Alignment    5
Measurement    6
Conclusion    6
Reference list    7
Introduction
Stevens District Hospital offers several medical services to people with compassion and care. The financial, economic, regulatory, and Quality improvement goals of this healthcare will be critically evaluated. Measurement of these goals will be illustrated to align with the mission and vision of this hospital.
Financial Goal
Goals: The hospital's financial goals are to improve its revenues earned by the hospital and lower its operational expenses.
Mission and Vision Alignment
The mission of this hospital is to focus on the wellness of all admitted patients through optimum medical facilities. The vision of this hospital is to provide quality medical services by managing all the assets for the future generation. Advanced medical facilities with compassion and escort this clinic to focus on its mission and vision while ensuring financial goals. This healthcare clinic makes sure to align its financial goal with its mission and vision. This healthcare ensures to attract patients through effective medical facilities and this Stevens District Hospital ensures to make a profit through expand of growth rate (Shanafelt et al.,2019).
Measurement
Stevens District Hospital ensures to come up with an effective smart approach to make good progress towards the goal (Stevenss district hospital, 2022). The hospital can use a smart tracker to track the smart financial goal...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here