Download presentation
Presentation is loading. Please wait.
Published byFrederica McKenzie Modified over 8 years ago
1
ASCENSION HEALTH Strategic Plan
2
INTRODUCTION Was founded in 1999 and developed from a catholic ministry. One of the leading healthcare organizations in the United States with its facilities well distributed over 25 states. It has a significant administrative capabilities and a large patient database. Mission is to commit themselves to serving all persons with special attention to those who are poor and vulnerable (Ascension, 2016). Its vision is to create a vibrant Catholic health ministry in the United States that leads healthcare’s transformation (Ascension, 2016).
3
RELEVANCE OF A STRATEGIC PLAN TO ASCENSION HEALTH It ensure that vulnerable individuals in the society are equally placed in the reception of care. It ensures the provision of healthcare that works, that is safe and leaves no one behind. It provides an overall strategic direction to the management of the organization. Gives a specific direction to areas like financial strategy, marketing strategy.
4
SWOT ANALYSIS Opportunities Expansion to other states Diversification of health services in great demand Utilizing technology and innovation Threats Intensive competition Complex government policies Strengths Has a large chain of hospitals in various states in America Employs highly professional health practitioners Highly effective management programs Has support from the Catholic Ministry Weaknesses Ties to religious ministry hinders exploration of other health objectives Only limited to the United States Healthcare industry Weak branding
5
THE STEPS THAT PROFILES THE STRATEGIC MANAGEMENT PROCESS Establishing the relevance to the current mission, vision, and values. Environmental scanning for competitive advantages. Strategic goals. Internal dynamic and resource considerations for strategy implementation, including key budget information (Pryor, Hendrich, Henkel, Beckmann, & Tersigni, 2011). Measurement guidelines. Feedback considerations, and mechanisms the organization should put into place to ensure the success of the company.
6
RELEVANCE TO THE CURRENT MISSION, VISION, AND VALUES. Dedication to a spiritually-centered, holistic care which will sustains and improves the health of individuals and communities (Ascension, 2016). Each facility is dedicated in propagating the mission and vision of the organization through guidance from its values. Offers each member facility a common objective that unites their regional efforts as members of a single organization with a single objective. The organization visualizes itself as a significant Catholic health ministry that will provide the required transformation in the health industry. The values help the organization and its member facilities to uphold the stipulations of the Catholic ministry and its health service provision extension
7
ENVIRONMENTAL SCANNING FOR COMPETITIVE ADVANTAGES The use of strategic resources strengthens the corporate strategy. The organization has specific programs and services tailored to the health needs of the target population. The organizations must have a maintained, well updated record of their performance on consumer satisfaction.
8
INTERNAL DYNAMIC AND RESOURCE CONSIDERATIONS FOR STRATEGY IMPLEMENTATION, INCLUDING KEY BUDGET INFORMATION. Organization utilizes a systems theory approach from which each facility is given some level of independence. Each facility has its own management and its own organizational structure. The organization chooses a particular change management model based on the type of transition. Organization utilizes strategies to maintain the integrity of its Catholic ministries and as well serve well in the health industry (Lancaster, et al., 2007)
9
MEASUREMENT GUIDELINES Ascension must evaluate the performance of this strategic plan from each point. Verifying the effectiveness of the strategy. Efforts in improving quality in all its facilities must be established through an active and reliable statistic. The establishment of a new facility. It is very important to define a tolerance range beyond which such a corrective action can be engaged.
10
FEEDBACK CONSIDERATIONS, AND MECHANISMS THE ORGANIZATION SHOULD PUT INTO PLACE TO ENSURE THE SUCCESS OF THE COMPANY Organizations must have maintained a well updated record of their performance on consumer satisfaction. Interviews and questionnaires can be supplied to selected patient groups in each facility to establish the level of satisfaction they have on the facility’s product. This information will be compared with records to establish if the strategy implemented has performed as expected. If the strategy fails to show the performance anticipated. Organization to roll back the changes.
11
STRATEGIC FINANCIAL PLAN The organization avails its financial reports and analysis to the public and its partners for better understanding of its operations. To establish a platform from which the organization’s financial status can be explored and re-established with respect to implementing its strategic plan. The organization classifies its financial information on the basis of strategies driving growth, results of consolidated operations and liquidity and capital resources. The organization’s financial plans and recurrent expenditure must fit within any one of these classifications.
12
CONT. Explore the financial strategies the organization has utilized to gain financial strength in the industry. The organization can develop a consolidated financial statement. The budget must also highlight the expected number of workers in the new facility and how compensation will be distributed within this framework. The organization must exhibit good capital expenditure planning in its effort to improve the quality of its services a notch higher. Ascension Health must ensure a contingency plans and budgeting for unexpected events.
13
CONCLUSION To explicitly service specific and specialized needs of the population, the organization has specific programs and services tailored to the health needs of the target population. As quality is a significant element in the health industry, the organization has a follow-up process through which the quality of their services are traced and improved. The use of strategic resources strengthens the corporate strategy and offers the organization a competitive advantage within the market.
14
REFERENCES Ascension. (2016, 5 22). Mission, Vision and Values. Retrieved from Ascension Health Organization: http://ascension.org/living-the-mission/mission-vision-valueshttp://ascension.org/living-the-mission/mission-vision-values Lancaster, A. D., Ayers, A., Belbot, B., Goldner, V. K., Stanton, D., & Sparkman, L. (2007). Preventing falls and eliminating injury at Ascension Health. The Joint Commission Journal on Quality and Patient Safety, 33(7), 367-375. Pryor, D., Hendrich, A., Henkel, R. J., Beckmann, J. K., & Tersigni, A. R. (2011). The quality ‘journey’at Ascension Health: how we’ve prevented at least 1,500 avoidable deaths a year—and aim to do even better. Health Affairs, 30(4), 604-611.
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.