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Now that they're yours: post-acquisition assessment
Contemporary Longterm Care
|October 6, 1988
Summary
This administrator survey offers actionable insights into long-term care facility status, aiding management in prioritizing and adapting strategies for improved profitability and success.
Area of Science:
- Healthcare Administration
- Long-Term Care Management
- Organizational Assessment
Background:
- Quality service provision in long-term care is complex.
- Effective management is crucial for facility success, especially during acquisition.
- Continuous assessment is needed to adapt to changing priorities.
Purpose of the Study:
- To introduce a unique administrator survey for assessing facility status.
- To provide immediately useful information for management.
- To support strategic decision-making in long-term care facilities.
Main Methods:
- Utilizing a comprehensive administrator survey.
- Implementing repeated assessments over time.
- Focusing on facility status and service quality.
Main Results:
- The survey provides meaningful and immediately useful information.
- It accounts for the complexity of quality service delivery.
- It enables evaluation of success in addressing priorities.
Conclusions:
- The survey process allows for continuous monitoring and adaptation.
- It helps management optimize resource allocation for profitability.
- It supports ongoing success throughout the acquisition process and beyond.