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Importance Of Strategic Planning Posted By: Healthcare Consulting Strategic planning is important to a nonprofit organization’s future path and success. As such, it is important to understand what strategic planning is and the reason why it is so important. This information provides a concept of strategic planning and the reason why it is recommended to nonprofit organizations. Wikipedia defines strategic planning as "an organization’s process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people." Strategic planning is the formal consideration of an organization’s future course. Strategic planning is a approach organizations should participate in on an continuous basis, in spite of the length of the plan. Some organizations participate in tactical planning, and that is generally a one year strategic plan. Tactical plans are usually created when an organization is brand new or develops a different program or service that was not included in the original strategic plan. Though some plans might be longer, it is not easy to predict possibilities, threats, and trends in the field further than three years.healthcare strategy strategic healthcare planning healthcare planning healthcare consulting healthcare consulting services healthcare consulting healthcare strategy Growth In The Trenches: Increasing Market Share Posted By: Alan M. Zuckerman Nearly all providers want to hit a home run every time they step up to bat. For every 100 (or 1,000) glorious schemes intended to result in a devastating victory over competitors, only one or a few succeed. The battle is more often won in hand-to-hand combat, day after day in the trenches, with excellent execution of a strong, bold vision that creates a continually stronger position. And the measure of success in this ongoing competition is usually increased market share. The market share war is basically a zero-sum game: There is only l00 percent available in any given market, so one provider gains at another’s expense. Although market size may expand due to population growth and aging as well as increases in use rates (which benefit all providers), and additional markets may be annexed (with share gained in a new market at another provider’s expense), most of today’s and tomorrow’s competition will be focused on market share battles in existing markets. There are four main strategies that healthcare organizations employ to increase share. Strategy: Recruit More Physicians The most basic and most frequently used approach is to increase medical staff capacity and capabilities.healthcare strategy strategic healthcare planning healthcare strategy What Would You Do? What Type Of Expansion Makes Sense? Posted By: Alan M. Zuckerman The Problem Growth and development of a Midwestern metropolitan area has resulted in a pocket of opportunity for a significant healthcare presence in the expanding southern suburbs. Sisters Health Care System (SHCS) has historically considered this area to be its market, but believes a major facility in the market may be required to preserve its position. What should that presence be? The Situation Like many mature urban areas, this Midwestern metropolitan area has a relatively stable but graying population. Over the past 40 years, the population has been relocating to the suburbs; while overall population has remained essentially static, there has been healthy growth in the suburbs at the expense of the city. The most recent area of development has been the far southern suburbs, extending into an adjacent county that historically has not been considered part of the metropolitan area in question. In fact, this recent population migration is causing the large metropolitan area and the small one to the south to begin to blend into one larger metropolitan area. SHCS is one of three major healthcare organizations operating in the region. SHCS has four hospitals in the large metropolitan area and two in the small southern one.healthcare strategy strategic healthcare planning healthcare strategy Hospital And Medical Staff Strategic Planning: Developing An Integrated Approach Posted By: Alan M. Zuckerman Strategic planning in health care organizations, especially in hospitals and hospital-centered health care organizations, has been evolving over the past several decades. Spurred by changes in reimbursement, strategic planning shifted from a facilities orientation in the 1970s to a market orientation in the 1980s. While the shape of strategic planning in the 1990s is not clear, it is evident that market concerns remain strong and deteriorating hospital financial performance requires attention to purely economic concerns. This dual focus is consistent with trends in strategic planning in other industries. From a market perspective, health care organizations are developing more comprehensive strategic plans. The principal concern of the mid-1980s was inpatient market share; now, there is consideration of ambulatory positioning, product line planning, and a more complete and sophisticated understanding of key market segments–the community and various consumer types, physicians, employers, and managed care entities. This broader view enables strategic planning to become a more powerful tool for health care organizations. Current Situation In nearly all not-for-profit hospitals, physicians operate largely outside the formal structure, except for those who are hospital-based. Clearly, the traditional hospital/medical staff organization has only narrowly defined purposes and modest influence over physicians and their practices.healthcare strategy strategic healthcare planning healthcare strategy Are You Ready For The Next Wave Of Healthcare Provider Consolidation? Posted By: Alan M. Zuckerman A second wave of healthcare provider consolidation is on the horizon, rivaling what occurred in the 1990s and is guaranteed to bring a new round of challenges and opportunities for providers across the country. Although the number of mergers and acquisitions has been modest for the past five years, six key environmental forces are converging to create a new tidal wave of consolidation. Insurance industry consolidation. Consolidation in the health insurance industry is creating fewer, larger companies and an increasing imbalance of power between these large companies and the fragmented providers with whom they negotiate contracts. Tightening capital markets. While the capital needs of providers are growing rapidly, the worsening of the overall industry balance sheet and poor national credit situation, such as the subprime crisis, bond insurer poor financial performance, means that capital access will tighten and be less available to many. Expense increases outpace reimbursement. Continuing inflation and flattening public and private payor reimbursement, combined with escalating uncompensated and under compensated care, will undermine the financial situation of vulnerable organizations. Workforce shortages. Growing workforce shortages combined with the changing recruitment markets, favor larger, well-heeled organizations that can compete for personnel in a broader market. Physician practice dynamics.healthcare strategy strategic healthcare planning healthcare strategy 相关的主题文章: