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American Public University System Healthcare Strategic Planning Essay
Course Objective:
Analyze new equipment acquisitions and other projects through a financial lens
Assessment Objectives:
- Relationship Between Financial & Strategic Planning
- Key Financial Policy Targets
- Financial Planning & Policymaking
- Financial Plan Tied to Management-Control
Prompt:
Scenario: Facility Follow-up
Once again, you are a CEO newly appointed for the Continuing Care Retirement Community that is under the Hospital System from previous weeks. A board retreat is coming up and you must help with a critical decision: relocate the facility to a more suburban area, or stay in its current metropolitan area location. In Week 7-8, do some research on facility planning and location planning. What are some methods to strategically placing a medical facility in a community? Which method is the most logical? Which method is more widely used? What other factors must be considered in the planning stages?
Write an essay answering each of the questions above