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Project Synthesis: Strategic Management Plan

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Submitted By jnreese1983
Words 1987
Pages 8
Abstract The purpose of this paper is to identify a strategic management plan of a healthcare organization. My selection is a false managed care organization called GreenLine that is based on a well-known health insurance company that provides a variety of health care plans . In this paper the following will be discussed: factors affecting managed healthcare organizations, strategic initiatives, financial information, and organizational structure. Socioeconomic Factors
Socioeconomic status (SES) is an economic and sociological combined total measure of a person's work experience and of an individual's or family’s economic and social position in relation to others, based on income, education, and occupation. Socioeconomic status is typically broken into three categories: low, middle, and high SES.
Income has been shown to have a heavy effect on whether families will purchase health care insurance and it’s been proven that people with lower incomes tend to have more problems physically and mentally. Most diagnosis seen are respiratory viruses, arthritis, coronary disease, and schizophrenia. Lower socioeconomic status is also been said to link to stress.
Legislative Factors
Most recently there has been the ongoing implementation of Patient Protection and Affordable Care Act in the United States which affects all managed healthcare companies and businesses with more than 50 employees. Patient Protection and Affordable Care Act consists of a combination of measures to control health care costs, and expansion of insurance coverage.
Policy Factors
With the implementation of the Patient Protection and Affordable Care Act, dependents are allowed to stay on their parents insurance until the age of 26 and businesses with more than 50 employees are required to provide healthcare insurance coverage to their employees.
Organizational Factors
In the field of

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