Resources: Goals for Stevens District Hospital, Part 2 Worksheet
For Part 2 of the Goals for Stevens District Hospital assignment, you will use the same format you used in Week 3. In this assignment, you will identify 3 additional goals that support the mission and vision of the hospital. For each goal, you will write a 260- to 350-word analysis based on your review of the data provided in the Stevens District Hospital Strategic Planning Scenario and your SWOT analysis.
Financial or Economic Goal
Identify a clear, actionable, and measurable financial or economic goal for the organization that clearly supports the mission and vision.
Analyze how this goal supports the mission and vision of the hospital.
Explain how you would measure progress toward the goal.
- Discuss milestones necessary for progress.
- Discuss the criteria you would use to measure that the goal was completed.
Legal or Regulatory Goal
Identify a clear, actionable, and measurable legal or regulatory goal for the organization that clearly supports the mission and vision.
Analyze how this goal supports the mission and vision of the hospital.
Explain how you would measure progress toward the goal.
- Discuss milestones necessary for progress.
- Discuss the criteria you would use to measure that the goal was completed.
Risk or Quality Management Goal
Identify a clear, actionable, and measurable risk or quality management goal for the organization that clearly supports the mission and vision.
Analyze how this goal supports the mission and vision of the hospital.
Explain how you would measure progress toward the goal.
- Discuss milestones necessary for progress.
- Discuss the criteria you would use to measure that the goal was completed.
Cite 4 peer-reviewed, scholarly, or similar references to support your assignment.
Expert Solution Preview
Introduction: In this assignment, we will be identifying three additional goals that support the mission and vision of a hospital, as well as analyzing and explaining how these goals align with the organization’s overall objectives. We will also discuss the milestones and criteria that would be used to measure progress towards each goal.
Financial or Economic Goal: A clear and measurable financial or economic goal for a hospital would be to increase revenue by a certain percentage by the end of the fiscal year. This goal aligns with the hospital’s mission and vision because it enables the organization to invest in new technology, improve patient care, and expand services to the community. To measure progress towards this goal, the hospital could establish quarterly revenue targets and assess whether or not they are being met. Milestones necessary for progress could include increasing patient satisfaction scores, attracting new patients to the hospital, and minimizing operating costs. The criteria used to measure progress would depend on the specific revenue target established by the hospital. For example, if the goal is to increase revenue by 10%, the hospital would need to track financial data to ensure that the target is being met.
Legal or Regulatory Goal: A clear and measurable legal or regulatory goal for a hospital would be to achieve and maintain compliance with all relevant laws and regulations. This goal supports the hospital’s mission and vision by ensuring the organization provides safe, high-quality care that meets legal and ethical standards. Progress towards this goal could be measured by conducting regular audits of policies, procedures, and practices to ensure they comply with all applicable laws and regulations. Milestones necessary for progress could include identifying potential violations, developing corrective action plans to address those violations, and providing staff with ongoing training and education on relevant laws and regulations. The criteria used to measure progress would depend on the specific legal or regulatory requirements established by the hospital.
Risk or Quality Management Goal: A clear and measurable risk or quality management goal for a hospital would be to reduce hospital-acquired infections (HAIs) by a certain percentage. This goal aligns with the hospital’s mission and vision by improving patient safety and reducing the risk of harm to patients. Progress towards this goal could be measured by tracking HAI rates over time and comparing them to baseline rates. Milestones necessary for progress could include implementing evidence-based interventions to prevent HAIs, conducting regular audits of infection control practices, and providing staff with ongoing education and training on infection prevention and control measures. The criteria used to measure progress would depend on the specific HAI reduction target established by the hospital.
Conclusion: In conclusion, by establishing and measuring specific goals in the areas of finance and economics, legal and regulatory compliance, and risk and quality management, hospitals can align themselves with their mission and vision statements and provide better care to their patients. By tracking progress and implementing necessary corrective action plans, hospitals can continue to work towards their goals and improve the overall quality of care they provide.
