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Strategic planning vital to eldercare diversification.

M T Knapp, P L DeAngelis

Healthcare Financial Management : Journal of the Healthcare Financial Management Association

|August 7, 1989

Summary

Strategic planning is crucial for healthcare organizations expanding services for the growing elderly population. A multistep approach ensures older adults receive appropriate care at the right time and place.

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Area of Science:

Gerontology
Healthcare Management
Strategic Planning

Background:

The elderly demographic represents a significant and expanding market for healthcare services.
Healthcare organizations face increasing demand for specialized services tailored to older adults.
Effective service provision requires careful consideration of the unique needs of the aging population.

Purpose of the Study:

To outline a strategic planning process for healthcare organizations developing new service lines for the elderly.
To emphasize the importance of a continuum of care model for geriatric healthcare.
To guide healthcare providers in optimizing care delivery for older adults.

Main Methods:

The study proposes a multistep strategic planning framework.
It emphasizes the development of a comprehensive continuum of care.
Key considerations include timing, appropriateness, and location of services.

Main Results:

A structured planning process leads to a more effective product line for older adults.
A well-planned continuum of care enhances patient outcomes and resource allocation.
Tailored services ensure the elderly receive the most suitable care interventions.

Conclusions:

Healthcare organizations must adopt strategic planning to cater to the growing elderly market.
Implementing a continuum of care is essential for providing timely and appropriate services to older adults.
Careful planning ensures optimal healthcare delivery for the aging population.

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