W5 HCA340 Final Paper - Runninghead:STRATEGICPLANNING Strategic Planning Michelle Perry HCA340 Managing in Health Human Services Eric Oestmann August 3

W5 HCA340 Final Paper - Runninghead:STRATEGICPLANNING...

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Running head: STRATEGIC PLANNING  Strategic Planning Michelle Perry HCA340: Managing in Health & Human Services Eric Oestmann August 3, 2015 1
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Running head: STRATEGIC PLANNING  Strategic Planning The health care industry can be thought of as a chaotic, constant changing business. It was once stated that chaos couldn’t be controlled. After reading and analyzing the importance of interrelating strategic planning, performance improvement and information systems; one will find a well-stated conclusion and summary that shows the joining of all three focuses. Each is presented with significant evidence that will be the groundwork of the analysis. The reader can expect an articulated integrated of information that has been found on each, to include, my personal opinions and analysis. By the closing of this research paper, anyone interested and needs to be up-to-date on evolution of management with the health care organization will be caught up and have a better understanding of healthcare management. On another note, the objective to this research is to deliver an overall view on strategic planning, performance improvement and information systems in a setting of the distribution in healthcare facilities. While providing information from the management and administrative aspect, one will be able to have a large valuable outlook on decision making, planning and preparing within the healthcare organization in the future. With that, there are many trends that need to be observed in the industry and planed for appropriately. Bottom line, the structure of health care administration can be improved by simply taking in consideration of the cutting edge knowledge of medical publications and scientific journal that has been peer reviewed. The development of the strategic plan and the execution of the organization’s strategy are two interrelated activities that are a part of the dynamic strategic 2
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Running head: STRATEGIC PLANNING  planning process, (Buchbinder & Shanks, 2007). “The development of the plan usually spans a multi-year time horizon…and is updated annually,” (Buchbinder & Shanks, 2007). Strategic planning is a glimpse as to how the organization is currently working with market factors and possible threats or opportunities that the organization may wish to address. It is important to have the involvement of physicians in strategic planning, as stated in the article, The Necessity for Physician Involvement in Strategic Planning in Healthcare Organizations from the American Journal of Surgery, which does an impeccable job of summarizing the significance of strategic planning. Its position is that, “strategic planning is necessary in health care organizations to meet the constraints of a lean economy, rapidly changing technologies, and an unprecedented need to provide quality services at affordable prices. It offers a structure for assessing core strengths and environmental conditions and an innovative approach to enhance revenue and minimize costs. During the planning process, organizations define their mission,
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