Running Head: STRATEGIC & FINANCIAL PLANNING OF FROEDERT HOSPITAL Strategic & Financial Planning of Froedert Hospital [Name of the writer] [Name of the institution] [Page Break]Strategic & Financial Planning of Froedert Hospital Thesis Statement The purpose of this assignment is to analyze the financial & business administration of Froedert Hospital to develop a draft action plan
Words: 1621 - Pages: 7
Management – Strategic Planning: Shriner’s Hospital for Children, Shreveport, Louisiana Name: Institution: Date: The Shriner’s Hospitals for Children of Shreveport, Louisiana published their strategic plan online. The plan was developed based on the findings of a 2012 Health Needs Assessment study, which was commissioned by their Shreveport Community Health Needs Assessment Steering Committee. Environmental Scan The study and ultimate strategic plan, very succinctly
Words: 1437 - Pages: 6
by expanding its physician staff, CMC has constructed a hospital-owned medical office building in a growing community five miles from the hospital; anticipates opening an outpatient physical therapy; providing leadership development for the board of trustees, medical staff, and administration; have value-oriented efforts initiated; and develop a strategic planning process. By developing new business by expanding, combines physician-hospital organization and brings in more financial growth. With value-oriented
Words: 1340 - Pages: 6
are important to meet organizational goals. Such strategic planning guides managers, employees and stakeholders to focus on their common aim. By using strategic management, an organization utilizes a methodical way so that all their resources combine with their mission to underwrite their future success. Changes incorporated into a common goal demand strategic management especially in health care organizations. “A well-crafted, duly executed strategic plan can provide numerous intangible, internal
Words: 917 - Pages: 4
available. This resulted in a repetitive collection of patient data, a duplication of patient files, and an inability to retrieve patient information when needed. This shed light on the need for an IM/IT planning process in order to have successful IM/IT governance. Once the governance strategic planning process was established, the focus then shifted to an incorporation of systems across healthcare facilities. As successful IM/IT governances’ became utilized by different corporations, it became clear
Words: 1826 - Pages: 8
MSTM- 6023 Strategic Planning & Policy Development Unit 2: Strategic Planning- Case Study Analysis 1 Drucker, P., 2008: Case # 13- What are “Results” in the Hospital? Table of Contents Overview ……………………………….………………………...……….. 2 Problem Statement ……………………….……………………...………… 2 Alternatives ………………………………….………………...…………... 3 Pros and cons ……………………………….………………………………4 Course of Action ……………………………..……………………………. 8 References
Words: 3557 - Pages: 15
Term Paper: Strategic Planning & Performance Improvement Carlos N. Green Saint Gregory August 17, 2013 Abstract This paper takes a look at the effectiveness of the strategic plan and performance improvement in the healthcare organization that I have been a part of for the last 13 years. I am knowledgeable of the organizations’ strategic plan and have seen its growth. It will take the side of showing how a local non-profit organization has proven to be effective by many
Words: 1158 - Pages: 5
situations and identify key strategic and operational issues. •Assess alternative strategies and actions to address the issues. •Prescribe what strategies and actions have the potential to best address the issues. •Implement chosen strategies and actions. For the final project in HLTH 890, each student must conduct an in-depth Research Project on a healthcare organization or component of one or on a healthcare strategy-related issue and/or challenge, or to develop a Strategic Plan for a healthcare
Words: 253 - Pages: 2
are two hospitals in St. Charles County, one existed for twenty years and the other is a brand new facility. The corporate strategic plan is to merge the hospitals to allow St. Charles County residents options for great medical care and ultimately gain market share away from the competition. Although the plan has merit, the blending of cultures of the hospitals are reliant on the strategic implementation of the plan lacked the proper operational planning. The SWOT of the two hospitals does not
Words: 668 - Pages: 3
of loyal customers. With advances in technology, cultural alterations, policy modifications and the price of care, hospitals have changed to more patient-centered approach organizations that address inconsistencies in quality and efficiency. To succeed in healthcare today, hospitals have to change their organizations to ones that operate more like businesses than traditional hospitals. Leaders and managers must deal with internal and external environments which in turn promote organizational change
Words: 901 - Pages: 4
