I need a 12 PP slide total from the assignment posted
Insert Title HCS/498 v2 Strategic Plan Template HCS/498 v2 Page 2 of 11 Strategic Decision Making For Health Care Managers Rochelle McGill Phoenix Hospital Strategic Plan HCS/ 498 03/02/2021 Mission and Vision for Phoenix Hospital Mission for Phoenix Hospital Vision for Phoenix Hospital Our Mission is to be a World Changer in providing quality care with up to date information and services. Contributing hope an wellness to all. The Phoenix Hospital Vision is to improve quality care health services. The hospital’s non-profit facility with 180 beds which includes laboratory services, med surge unit, and updated diagnostic instruments. We also have a range of acute care services including rehab and emergency services. Market Analysis for Phoenix Hospital Major market factor Analyze how the major market factor affects hospital performance. 1 Admission Admissions can affect the hospital if productivity continues to decline. These conditions motivate physicians an staff to come up with a game plan that can help the efficiency of the healthcare care system. Facilities that are under staffed and with incomplete facilities cannot service beyond their capacity due to these regulations to provide adequate care. Low bed capacity also can be factors. The Phoenix Hospital admissions can increase more if the facility can continue to qualify for funding that would help to improve operations and expansions within in the facility, opening the service area to go beyond Bedford to the surrounding areas. Phoenix has a chance to improve modern technologies and compete with other area facilities. With completing implementation within the three years’ time, the hospital will be able to employ the needed staffing and also expand the hospital organization to accommodate the patient services. The hospital will also send out communication of the changes to the surrounding marketing areas. There will also be factors that go against the expansion; there can be an area of nursing shortage in the area. This will cause recruiters to go above and beyond to create postings of interest. This will also open up the areas for training in higher levels of care that can be employed upon completion of the training. In rural areas it causes these types of areas to go outside the box to create opportunities of interest. 2 Economic In comparison to the state median phoenix hospital patients receive more3 of a benefit. The patients or area services were more financially stable to handle cost of the hospital. In the Wisconsin Hospital presented at an average. In the current economic crisis there will be some that will not be able to afford the cost of healthcare with or without insurance in coming time opening up the new business in the area to also provide employment opportunities. With these employment opportunities they will be able to help with economic factors; these factors are a part of essential plan to our well being. The Phoenix Hospital will continue to be a help to Bedford and the neighboring communities with economic growth. Many industries have seen various challenges since the Covid-19 was introduced. It has been a major factor in the economy breakdown and layoffs. Unemployment in certain job fields has taken a toll and it has caused unemployment to raise a national high level. All healthcare facilities including hospitals, clinics, pharmacy, technical, ect has been mandated to perform at an all time high. The impact has increased awareness in these job sectors to be open more to the opportunities in the healthcare fields. There will be opportunities to increase nursing, physicians, all technical kinds, and with the expansion growth of the phoenix hospital we can be more prepared to service the community even in troubled times. 3 Information Technology Information Technology incorporates tools that range in decision support and medical integration. Human errors, planning, data and quality outcomes enhance health technology and are very important to the health process. Phoenix hospital has many obstacles that are a key point in maintaining sustainability and productivity. We are always trying to stay away from delays because it can hinder the affects of patients and servicing other health area. When patient care is delayed it can damper the well being of a critical status and could cause permanent trauma. New interventions are implemented to incorporate change within an organization could be done by changing technology and care. Phoenix hospital has begun to implement changes to advance phases of growth. Within three years phoenix would have made upgrades throughout the facility to help improve services and welcome service increases. The technology also includes billing of services. SWOT Analysis for Phoenix Hospital Table 1: SWOT Analysis Perceived strength (internal) Perceived weakness (internal) · Professional/ Specialized Physicians are advancement to the reputation of the Hospital, and can improve patient access and flow. · Presence of a developed vision by introducing innovation in patient care can offer the developed strength for the hospital · The developed values in patient services provides needed strength · Extended financial support on all levels of care, including insurance payers. · Lack of specialized Physicians and Nurses can decrease the quality of patient care provided by the staff · Lack of Leadership in the organization, and operations that delivered weakness to achieve the vision and values of the Phoenix Hospital · The lack of decreased performance of the skilled staff is viewed as weakness for the hospital. · The lack of resources to help financial burdened patients. Perceived opportunity (external) Perceived threat (external) · Implement the latest technology, to be shared with staff for patient care services, and market place advertisement. Standardizing physician access to charting and script writing. · Developing a strategic healthcare program with in patient care services. Develop financial support for the indigent patients as well as insured payers. · Consider public opinions to better service areas of care; utilize the process to help them take the opportunity for adopting success. · Due to the shortage of other healthcare organizations nearby, the services of lack of new technology services can put a damper on the patient inflow of the hospital. · Lack of responsibility from teams with completed performance delivers a threat to care; lack of resources for financial needs, and insurance payers’ patients can also cause a threat to hospital services. Analysis of Data Provided: The strength of the Phoenix Hospital experienced the efficient Nursing and Physician staff, delivery of developed values, innovative patient care development and the high quality of compassionate patient services. The lack of specialized nurses and professionals can be viewed as a lack of strategic leadership and the weakness of the hospital. The strengths and weaknesses are to be evaluated and given timely actions to be completed for increasing patient flow. The improvement actions can have an overview of the latest advancements in the field and should be shared with the hospital staff so they are kept aware of the services and how they offer assistance to the market places. With this consistent communication this will help the staff to be aware of what’s needed for improvements and how the hospital will perform fixes to current situations. This will also allow staff to input on information and suggestions to help better current or out dated processes for improvements. In the area there are a hand full of competition in the area that helps to increase the competition for Phoenix Hospital. Strategy and strategic management has been an important field in the private sector (Grandy and Mills, 2004) and development has become strongly influenced and has caught the attention of many management sectors. It states that the SWOT analysis is viewed and supported to help boost performances (Desmidt and Heene, 2005) while introducing principles and methods the SWOT analysis is a tool that consists of confrontations between the external developments and internal capabilities. Some have chosen to implement the SWOT while some don’t consider it useful because they operate in networks. Analysis of existing technology information from the Phoenix Hospital strategic decision-making scenario The existing technology services can use quite a bit of upgrading it has outdated equipment that is causing delays in service, electronic systems that is in need of completion updates for medical records. The Emergency department is in need of Emergency vehicles that are used to transport patients in time of emergencies, Cath lab is in need of staffing to help complete and schedule patients timely for procedures. The Lobby is in need of floor and furniture updating, and the employees’ space needs to be completed. I consider these as threats due to many mal functions that need to be considered and or fixed timely. The medical records is important for charting patients health records timely, ER emergency vehicles can break down at any time causing unforeseen incidents, flooring in lobby is a hazard, and under staffing in Cath lab can increase patients health concern with delays. These factors should be completed timely to perform excellent service. Analysis of existing financial information from the Phoenix Hospital strategic decision-making scenario This year the hospital had some decrease in services which caused the operating margins to decrease and increase. Operating expenses such as supplies, depreciation, and foundation have decreased, but Salary, Interest cost have increased and have caused an increase in Operating cost. I would consider this to be Opportunity for the Hospital to leverage in some areas of operating. The Hospital gained enough to stand but need to be more flexible with staffing to increase business needs and with the decrease in supplies, Ect. This can be in favoritism to them in some way or another. Analysis of existing regulatory information from the Phoenix Hospital strategic decision-making scenario At this time the Hospital is having a greater time of accommodating patient for primary can physicians. Requirements for CPOE is needed for hospital regulations, Hospital was cited for two violations. One of the violations has a cost of $50,000 and the other is a staffing concern due to insufficient training. This is a weakness and the hospital needs to change the status of the concerns. The Hospital can fix these concerns. This will have to be an internal decision and investment. The charting system I’ll need to be updated for regulations, and violations taking care of timely. The staffing training can be scheduled so that staff is not working overtime to reduce cost an the leaders will have to take part to make sure it is completed before the next Joint Commission visit. These concerns can be scheduled throughout the months so the load is not placed on finances at one time. I would give these projects 8 months to be completed without putting more burdens on the hospitals finance. Week 4: Goals and Objectives for Phoenix Hospital Based on your review of the Phoenix Hospital 5-Year Strategic Plan Scenario provided in Week 1 and your work in Weeks 1 through 3 on mission development, market and SWOT analysis, complete the table below listing 4 to 5 objectives and strategies for the facility. Explain why each strategy is important. For our project we will define: 1. Goals as broad primary outcomes desired; what we would like to