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Financial Plan: St. Vincent Health Care

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Essay / Research Paper Abstract

A 5 page paper providing the financial plan and detailed budget for the program proposed in KShospStratPl.rtf and KShospStratPl2.rtf. Bibliography lists 6 sources.

Page Count:

5 pages (~225 words per page)

File: CC6_KShospStratPl3.rtf

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Unformatted sample text from the term paper:

The proposed strategy for St. Vincent Health Care is to concentrate on health promotion, disease prevention, community-based health education, increased internal efficiency and continued attention to quality (PPEEQ). Patient care remains the leading priority for St. Vincent, but training attention on these other activities and characteristics also serve to further patient care through reduced individual need for available services. The purpose here is to devise a financial plan for the intended development of the PPEEQ strategy. The Overall Plan As a five-part strategy intended to improve the hospital, quality of care, service to patients and health in the local community, not all of the parts of the strategy have any measurable monetary value. That is, they have value monetarily but that value is difficult if not impossible to measure. An example is community-based education, one of the Es of PPEEQ. More education always is preferable over less, but it will not be possible to quantify the value of education programs in terms of health effects. The hospital can provide a wealth of information about diabetes and its risk factors. If those currently at risk lose weight, exercise and adopt an exchange-based diet and so avoid developing diabetes in the future, the hospital cannot measure such results. Similarly, it cannot measure quality gains in terms of dollar amounts. Enhanced patient satisfaction or decreasing rates of readmission for the same or related conditions (Lagoe, et al., 1999) absolutely contribute to positive financial results, but correct measurement is difficult, intricate and far beyond the scope of the present effort. The overall plan also will rely heavily on donated labor, either from the hospital in ...

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