Best Practices in Healthcare Facilities Capital Planning WK 3
Best Practices in Healthcare Facilities Capital Planning WK 3
Respond to two of your classmates’ posts, stating whether you agree with the best practice they identified and explaining why you agree or disagree.
Article & both peers response attached below! Respond to both peers individually
ORDER NOW FOR CUSTOMIZED, PLAGIARISM-FREE PAPERS
Healthcare facilities and organizations are some of the biggest organizations financially that are in operation today. These facilities are open twenty four hours a day, seven days a week, regardless of weather, natural disasters and holidays. The main focus that is driven home in nursing school is patient safety, which also is highly stressed in hospitals, everything is centered around patient safety and high quality patient care. While the focus is on high quality patient care and patient safety, hospitals and health care organizations need to be mindful of their finances. The best practice for ensuring that an organization’s capital plan will be essential would be to use capital planning and management software. By using software, they would need to have contract assessment personnel with expertise in healthcare systems,” (Dufrense, R. 2009). These individuals would have the main focus of monitoring the finances via software systems. Software to monitor finances and capital budgets would be highly useful especially when larger healthcare organizations which have multiple locations which are spread out, to maintain accurate balances. “By employing a capital planning and management software tool to view this information in aggregate from a variety of perspectives, for example, by cost, priority and category, hospitals can make better-informed spending decisions and begin to convert facilities’ data into action plans with achievable deadlines as part of a larger capital plan,” (Dufresne, R. 2009). Software can easily be updated as well as utilized by financial managers at all locations within one specific healthcare system and would be the most beneficial as well as best practice.
Reference Dufrense, R. (2009). Best practices in healthcare facilities capital planning. Healthcare Design 9:6, 36-40.
Peer Response 2:
Yaye Marone posted
Healthcare organizations have many different budgetary obligations. With advancements in technology, as well as safety at highest priority, increasing quality of care for patients there are continuous improvement that are necessary to be made to keep up with the ever-changing healthcare trends. Healthcare organizations need to monitor capital budget closely. Saving and planning for unidentified, unexpected costs, while considering trends, creating objectives and setting ambitions for improvement. “Developing and effective long-term capital plan requires a healthcare organization to maintain a comprehensive understanding of the entire facility portfolio, determine what improvements are required, prioritize those improvements to align with the overall goals of the organization, and finally ensure that the dollars are spent as planned.” (Dufresne, p.38). Organizations need to be extremely strategic, and fluid in order to be successful. “
I think that the best practice for ensuring that an organizations capital plan will be successful is to align with organizational objectives, maintain fluidity with planning, as well as being strategic with purchases. Being fluid, means changing with the varied trend in healthcare; changes will not always happen in the order we requested it to be done. Sometimes, specific changes will incur more revenue, making a greater reimbursement and opportunity for more change at a faster pace. Employing strategies to look at the overall gain of one purchase over another will increase revenue. Increase in revenue will increase capital budget and this will favor further purchases and organizational improvements. “It is important that organizations go into the process with both a clear view of their end goals and the realization that a strategic capital plan is a fluid document that needs ongoing review against organizational objectives.” (Dufresne, p.40).
Dufresne, R. (2009). Best practices in healthcare facilities capital planning. Healthcare Design,
Clients' Reviews about Our Services
Client ID 45637
Brilliant services. I ordered a 4 page essay and it was delivered in less than 24hours with every detail intact!
Client ID 45783
Aceassignment is the way to go. The writers are humble and patient with clients. I know this after using the website for about an year
Client ID 45214
My writer did a brilliant job. Not only did she delivered the paper on time and it was superb as my professor granted me an A without any criticism
Client ID 45009
I was running late with my assignment. I run into aceassignment on google, placed my order and within less than 18 hours my page essay was delivered. Thank you Aceassignment.
Client ID 45870
I've been using Aceassignment for about 2 years. My writer always delivers quality work. Mind you whenever I request for a revision it's always done ASAP and free of charge
Client ID 44218
At first, I was scared and hesitant about using this website. Didn't know if they would deliver, but they assured me they will. And for sure they did. I will definitely continue to use their service!
Client ID 45622
Easy to use website. You simply give your essay's instructions, make payment and before you known it the paper is delivered to you.
Client ID 43964
Unlike other platforms, this website is quite cheap and the quality is high. I have them manage my whole class and everything has been smooth this far.
Client ID 41996
Thanks for the excellent job. Swift and on the subject, just the way I like it. The Support team was quite nice to me, helped me with the order placing process.
Client ID 47654
They are a marvel. I love their support team, they are so polite, it’s like speaking to a butler or something. Very pleasant people and good service of course.
Client ID 45670
Thank you for the help, I took my time and ordered a 14 days long essay. It came much earlier, around 7 days after I ordered it. Oh, and it was good, of course. I like the writer who did that, will definitely use again.
Client ID 22368
What I received was great. I forgot to mention in the instructions field that I needed reference page and by default, there was 0 in the number of references. I was surprised to see a full-fledged reference page in my paper with relevant citations. Bravo!
Client ID 46325
I was bombarding him with fine tuning and he handled it professionally. Thank you I will hire again the writer
Client ID 456820
Provided exceptional essay writing help in a short period of time. I plan to work with writer on many more projects!
Client ID 36890
Awesome paper in such a short amount of time. Was in a jam with another service who didn't deliver, but my writer did the job correctly. I will use her again to do my essays for sure!
Client ID 41427
Pretty good essay writer. I only made a couple of adjustments. She caught some instructions for the essay writing assignment that I didn't even notice, including them which was a pleasant surprise. Definitely recommend.
Client ID 45009
It was a very long paper, but the writer followed all the instructions, and she even finished the paper 5 days before the due date. Will write an essay with her again, thanks!
Client ID 36984
Writer was timely and proficient. I had to ask for a revision, but I got it back quickly with no other issues. Would use this essay writing service again.
Client ID 42960
Paper writing was prepared and submitted prior to the completed request date, and there were changes made quickly after I requested. This paper writer was accurate with numbers.
Client ID 31638
The first time I ordered here and it was a success. I received my order on time and according to my instructions. Thank you!
Client ID 46041
When I first discovered this website I was hesitant on whether they will deliver a plag free paper. The support team reassured me of their plagiarism policy. In deed they kept their word as the paper I got was authentic and plagiarism free.