Business Finance – Management STRATEGIC PLAN ASSIGNMENT

SWS FORMAT, NO PLAGARISM

Overview
For this assignment, you will write a 5-page strategic plan (does not include the title page and reference pages) Your plan must include the elements listed in the Assignment Instructions below. Note that the instructions correspond to the grading criteria for this assignment. You will want to review the performance-level descriptions for each criterion in the scoring guide to see how your work will be assessed:
Scenario
Within the last five years, the health care industry has seen big changes, not only in philosophy but also with the implementation of the Affordable Care Act. There have been changes in political, economic, social, technological, legal, and environmental factors that influence strategic planning. Americans desire increased quality patient care, wellness, and prevention programs. Health care organizations are seeing changes in volume and demographics related to their patients, along with labor and technologies related to the health care organization.
For this assignment, the senior leaders at Riverdale Community Hospital, have asked you to create a strategic plan that outlines the development of telehealth services, with the aim of enhancing patient engagement, expanding the reach of healthcare services, and optimizing overall operational efficiency.
Imagine you have been selected by the facility’s executive committee to develop a strategic plan that aligns with the organization’s mission and vision. Use critical thinking skills and research current events of your chosen organization to prepare your assignment.

Assignment Instructions
Write a 5-page strategic plan (does not include the title page and reference pages) that follows the format and addresses each of the elements listed below:
Executive Summary
• Provide a concise overview of the strategic plan, highlighting the importance of telehealth, its anticipated benefits, and the expected impact on patient outcomes.
Vision and Mission
• Define the vision and mission statements for the implementation of telehealth services to deliver quality, patient-centered care.
Goals and Objectives
• Clearly articulate the specific goals and objectives of introducing telehealth services. These may include improving patient access, reducing healthcare disparities, enhancing care coordination, and increasing operational efficiency.
Environmental Analysis
• Conduct an analysis of the internal and external factors influencing the implementation of telehealth services.
• Consider technological infrastructure, regulatory requirements, reimbursement policies, and market demand.
SWOT Analysis
• Assess the strengths, weaknesses, opportunities, and threats associated with the adoption of telehealth services at Riverdale Community Hospital.
• This assessment will inform the development of strategies to leverage strengths and opportunities while addressing weaknesses and mitigating threats.
Financial Considerations
• Evaluate the financial aspects of implementing telehealth services.
• This should include cost estimates, potential sources of funding, and a projected return on investment.
Conclusion
• Establish the key points of the strategic plan and emphasize how telehealth services align with Riverdale Community Hospital’s commitment to delivering high-quality, accessible, and patient-centered care.
Sources
• Use at least three sources to support your writing. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment. For help with research, writing, and citation access the library or review the library guides.
This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.
The specific course outcome associated with this assignment is:
• Design a comprehensive strategic plan that accounts for the internal and external factors that impact an organization.
Resources
• Basic Search: Strayer University Online Library.
• Health Business Elite Database.

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