Week 5 – Assignment: Compare and Contrast Strategic and Fiscal Planning in the Healthcare
Write a paper that addresses the following:
Articulate the key components of strategic planning and financial planning, and relate these to the healthcare industry.
Select a hospital and locate its strategic and financial plans (available online), and then carefully examine each plan.
Compare and contrast the hospital’s strategic plan and financial plan. Determine if they are aligned, and then explain your findings.
Be sure to identify all private and public sources of income within your paper.
Support your paper with a minimum of three scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.
Length: 5-7 pages, not including title and reference pages
Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.
Please view website for additional help:
Introduction to Strategic Planning: Increasing the Impact
produced by Wisconsin Public Television (Ripon, WI: Video Age Productions, 2012), 1 hour 1 mins
Content (7 points) Points
1 Articulated the key components of strategic planning and financial planning. 2
2 Described a case study hospital in terms of its strategic and financial planning. 2
3 Derived the alignment of the case study organization’s strategic and financial plans. 3
Organization (3 points)
1 Included a minimum of three scholarly references, with appropriate APA formatting
applied to citations and paraphrasing. Paper is 5-7 pages long not including the title
and reference pages.