Health care environment for the purpose of strategic budgeting.
Discuss at least two implications of current health care reform on your chosen health care organization’s goals and strategic plan. How will processes and operations need to be adjusted to meet the requirements of current health care reform legislation?
Discuss how organizational and operational models vary among three different health care organizations (e.g., transitional care, home health, long-term care). Provide examples to support your response.
Compare and contrast at least two methods of assessing health care organizations’ operational needs and explain how they differ based upon a particular health care setting.
What is the purpose of a balanced scorecard? How is the balanced scorecard used to lead and manage an organization? How can the balanced scorecard be linked to organizational effectiveness as well as individual performance evaluation?
Discuss the thresholds that trigger the need for an item of capital expenditure. What information would you need to provide for the approval process? Why?
The resources needed to support operations and implement strategic initiatives often surpass those available. What role does the board of directors (or executive leadership, if there is no board) play in establishing organizational priorities? How do you know how to prioritize the wants and needs of all departments? How can an organization tackle ambitious plans while ensuring that operations stay on track?
Describe the effect of higher levels of medical spending, profitability, and fiscal margins on process quality for health care organizations. Indicate the role of financial stability in health care organizations on their ability to adequately resource the staffing, equipment, and infrastructure that support care delivery. Use current journal or news articles in support of your position.
A balanced scorecard is one method that may be used in a health care environment for the purpose of strategic budgeting. Provide 2-3 examples of other strategic budgeting methods that may be used in a health care organization and explain how each method can set the organization up to achieve positive financial results.