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Biomedical subjects

J C Folger

Publications and source records attributed to J C Folger.

7 recordsLinked to original sources

Strategic plans provide lasting solutions to rural crisis.

Strapped for money and time, many rural hospitals could be tempted by temporary fixes to their financial struggles. Strategic planning helps develop a broader, long-range blueprint for survival. Its steps include making financial evaluations of services; undertaking market and patient origin studies; assessing competitors; involving community leaders; and defining possibilities for joint projects and facility mergers.

Data Collection↗

Integration of strategic, financial plans vital to success.

Without financial planning, healthcare administrators have no way of knowing if their strategies are realistic. Strategic and financial planning must work together at every level of healthcare management, from organization-wide efforts to individual programs. Administrators can use such techniques as product line management, flexible budgeting, and portfolio management to incorporate strategic and financial planning into daily operations.

Financial Management↗