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Supporting the strategic planning process: the information center approach.
Summary
Strategic planning is crucial for hospitals facing "at risk" reimbursement. This article introduces a new concept to enhance the strategic planning process (SPP) and improve financial outcomes for acute care facilities.
Area of Science:
- Healthcare Management
- Health Economics
Background:
- The healthcare industry is increasingly adopting
- at risk
- reimbursement models.
- Acute care hospitals face significant financial risks if strategic planning is inadequate.
- Effective strategic planning is vital for financial stability in healthcare.
Purpose of the Study:
- To introduce a novel concept for supporting the strategic planning process (SPP) in acute care hospitals.
- To highlight the importance of strategic planning in the context of evolving healthcare reimbursement.
Main Methods:
- This article presents a conceptual framework.
- It discusses the application of a new approach to strategic planning.
Main Results:
- The proposed concept offers a material and positive support for the SPP.
- Implementing this concept can mitigate financial risks associated with reimbursement changes.
Conclusions:
- The strategic planning process (SPP) is essential for acute care hospitals under new reimbursement structures.
- A novel concept is presented to bolster the SPP and enhance hospital financial health.