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Strategic Planning Report:
Over the past few weeks, the class has reviewed several topics including the key aspects of workforce management, health policy, and information technology. Applying the information reviewed this week on finance and economics, we will explore how each of these weekly topics are connected from a healthcare administrators’ viewpoint. During each of our weekly readings, information was obtained on the importance of healthcare workforce structures, how policy is created, the significance of quality as well as change management, read about the foundational components of healthcare finance, and learned about the core elements of economics. you will provide insight to each of these topics, applying the information to the scenario below, for this week’s assignment
Assignment Scenario: Role Playing as an Administrator for Your Desired Healthcare Setting
Step 1: Identify your desired healthcare setting and administrator role for the scenario.It is important to note that your selected healthcare facility is part of a large healthcare system and you are one of the many administrators that the system has but you will be playing the role of the executive leader for your specific healthcare setting within your organization’s large healthcare system.
Step 2: Based on your selected healthcare setting and role from Step 1, you will be presenting information at the next executive leadership meeting. Each administrator for your organization will be presenting information to the healthcare system’s executive leadership team, and you are required to complete the strategic planning report aspart of your presentation. You willuse the Strategic Planning Report Template, provided below, to prepare for this upcoming meeting. Each topic will need to be sufficiently addressed with supporting evidence that will assist the executive leadership team in preparing for next year’s budget and related to updating the strategic plan for your facility.
Assignment Requirements:
Complete the Strategic Planning Report using the Word document template provided within this assignment prompt. You will complete this report for the meeting, ensuring that each question provides the executive leadership team with the appropriate amount of details with supporting external evidence, so your facility’s budget and strategic plan are ready for the upcoming fiscal year. You will need to include atleast three APA formatted referencesfrom the last five years with correlating in-text citationsfor the report. Please ensure that that anAPA 7th edition cover page, thereport, and anAPA 7th edition reference pageare provided.
Healthcare Setting:
Laboratory Director for a 25-bed critical access hospital (CAH) with swing beds for post-acute care to provide skilled nursing services, has an average length of stay of 3.5 days, offers a birthing center, provides cancer and infusion services, and has a connected assisted living facility. Your CAH is one of seven CAHs for your nonprofit healthcare system which is located within a rural Illinois town.
(Check for the Report template)
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Strategic Planning Report Template
Administrator’s Instructions: Provide a response to each of the different areas below, ensure that each response provides sufficient details with supporting external evidence for the executive leadership team, as they will use this report as a starting point to begin working on next year’s budget and to update the facility’s strategic plan. Your identified factors and recommendations may influence the executive leadership team’s actions that may support your facility’s needs and daily operations. (Your supporting external evidence will need to be presented in APA format using in-text citations and remember to include a separate APA formatted Reference Page that your executive leaders may refer to in order to obtain additional information on your responses. Your references should be from the last five years.
Complete Section 1 Based on the Healthcare Setting and Role Options from the Assignment Prompt.
Section 1: Your Facility and Role
Administrator’s Name
:
Facility’s Location (City and State):
Facility Characteristics:
Urban or Rural Healthcare Location:
Facility Type:
Facility Size or Capacity Level:
Average Daily Census or Number of Patient Visits Per Day:
Provide a Summary, at least one paragraph long, of Your Patient Population and/or your Short-Term/Long-Term Care Resident Population:
Complete Section 2 based on the Healthcare Setting and Role Options from the Assignment Prompt for each of the factors provided below.
Section 2: Specific Factors Influencing Your Facility
Economic Factors
Identify and discuss at least two economic factors that are influencing your facility. How do these economic factors influence your facility operations? Provide at least one recommendation to address one of the identified economic factors.
(Economic factors that can be discussed but not limited to: housing, education, employment, income, community-based social services support, discrimination, governmental support, or any other economic factor that may impact your facility in the next year.)
Financial Factors
Identify and discuss at least two financial factors that are influencing your facility. How do these financial factors influence your facility operations? Provide at least one recommendation to address one of the financial factors.
(Financial factors that can be discussed but not limited to: admissions, average daily census, average length of stay, risk-based agreements, value-based healthcare initiatives, reimbursement, specific risks, financial performance, organizational costs, competitive pricing considerations, capital needs, healthcare services expansion opportunities, technology costs, recruitment needs/costs, or any other applicable financial factor that may impact your facility within the next year.)
Cultural and Workforce Management Factors
Identify and discuss at least two cultural and workforce management factors that are influencing your facility. How do these cultural and workforce management factors influence your facility operations? Provide at least one recommendation to address one of the cultural and workforce management factors.
(Cultural and Workforce Management factors that can be discussed but not limited to: or any other applicable cultural and workforce management factor that may impact your facility within the next year.)
Regulatory Policy Factors
Identify and discuss at least two regulatory policy factors that are influencing your facility. How do these regulatory policy factors influence your facility operations? Provide at least one recommendation to address one of the regulatory policy factors.
(Regulatory policy factors that can be discussed but not limited to: Joint Commission Accreditation requirement, Centers for Medicare and Medicaid (CMS) rules/regulations, other federal regulations such as Occupational Safety and Health Administration (OSHA), privacy laws, state-based regulations, local regulations, or any other applicable regulatory policy factor that may impact your facility within the next year.)
Quality Initiatives and Change Management Factors
Identify and discuss at least two quality initiatives and change management factors that are influencing your facility. How do these quality initiatives and change management factors influence your facility operations? Provide at least one recommendation to address one of the quality initiatives and change management factors.
(Quality initiative and change management factors that can be discussed but not limited to: Quality Assurance Performance Improvement (QAPI) goals, your facility’s change leadership style, your facility’s key quality measures, or any other applicable quality initiative and change management factor that may impact your facility within the next year.)
Administrator Summary and Top 3 Recommendations
Summarize the importance of each of these factors to the executive leadership team and share your top three recommendations that should be considered. Your executive leadership team will consider your top three recommendations as your facility’s top priorities for the strategic plan.
Notes
-APA 7th edition
-Follow the reporting template attached to give a detailed report of each question in the template
– 5 referencesshould be within the last 5 years
-7pages

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