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PBHE111 Introduction To Healthcare Administration

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PBHE111 Introduction To Healthcare Administration

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PBHE111 Introduction To Healthcare Administration

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Course Code: PBHE111
University: American Military University

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Country: United States

Question: 

Discuss which step you feel is the most important and state why you believe that it is the most important
How can a strategic plan be successful if any one of the seven steps are missing? Explain and support your discussion with at least two additional references

Answer: 

Out of the seven steps of health strategic planning, the most important step seems to be the business and operational analysis, which is the second step. This can be considered as the most important step since it should be of prime importance to understand the internal strengths and weakness of the organization along with the external opportunities and threats. This analysis is generally carried out by implementation of SWOT analysis method. Without a clear understanding of these points it will be difficult to engage the stakeholders in the operation of the organizations along with the vendors. The SWOT analysis will help to effectively frame a planning in terms of organizational ownership, which is required for the efficient implementation of the planning and its sustenance (Arbab Kash et al., 2014).
There are various beneficiary roles of the strategic planning method, even in the absence of one step. It helps to avoids circumstances of defensiveness and rather helps in creating innovation in the organizational setting. Decision making process is also improved due to strategic planning where allocation of resource is effectively carried out along with identification of areas of high?performance and low?performance. There is also provision of standardization opportunities and revenue cycle improvement. High quality delivery of care service is also ensured due to strategic planning that is able to shape the future of the organization improvement in seen in the aspects of culture of the company, the budget operation, risk management, decision of the service line, cost accounting, setting of goals and objectives and last capital planning (Ginter, Duncan & Swayne, 2018).
References:
Arbab Kash, B., Spaulding, A., D. Gamm, L., & E. Johnson, C. (2014). Healthcare strategic management and the resource based view. Journal of Strategy and Management, 7(3), 251-264.
Ginter, P. M., Duncan, W. J., & Swayne, L. E. (2018). The strategic management of health care organizations. John Wiley & Sons.

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