Essay on St. Rose Hospital
1. Alameda County will fund an amount to keep the hospital operational, however you must determine a reasonable amount necessary to support operations.
2. You will also be funded an additional $5 million for each of the next three years for development. How will you spend it?
3. What are your key strategies over the next five years to improve performance?
4. You must build out the financial proforma for 2021 to 2025.
5. You should be creative but not fantastical.
6. While some data is provided you will need to reference other sources of information.
As early as 2001 experts have projected the following trends in patient care: (1) more patients, (2) more technology, (3) more information, (4) the patient as the ultimate consumer, (5) development of various [care] deliver approach, (6) innovation-driven competition, (7) increasing healthcare cost, (8) increase number of health service provides, (9) less pay for provides, and (10) continuous need for new healthcare systems (Garson and Levin 10). The following projects are the main reasons why SRH is seeking additional funding so the institution can diversify its services and overall improve patient flow.