Developing the Strategic Plan for Civista Medical Center as They Implement a Cardiac Rehabilitation Program

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Financial planning is a key element in the implementation of the strategic plan to ensure organizational objectives are met. The objective of this paper is to continue to develop the overall strategic plan for Civista Mecial Center as they plan to implement a cardiac rehabilitation program. The projected budget will be discuseed along with financial assumptions and capital expenditure planning. The budget will be summarized and the projected budget for phases I and II will be included.

Focus of the Program

The cardiac rehabilitation program at Civista Medical Center (CMC) will be supervised by professionals with the aim of helping people recuperate from cardiac events, surgery, and cardiac procedures. The program will be designed to provide education and counseling services. Program goals are met through a multi-faceted approach with many program components including patient education, counseling, behavior changes, and exercise. The program is considered a secondary prevention schememe offeretd to patients after hospitalization. The hospital is currently facing scarce resources and the decision to implelent the program depends on many variable includeing the cost and cost-effectiveness of the program.

This financial plan will aim to estimate the costs of the cardiac rehabilitee program. Interventialnal costs related to wages will account for the number of healthcare professionals needed to implement and maintain the program. Staffing figures will be mulitipled by the average annural awage in each personnel category so to inlcued personnel costs such as pension, benefits, and vacation allowances. Hardware requirements will be included in operational expenditures along with pharmaceuticals.

Strategic Plan

Strategic ...

... middle of paper ...

..., physiciancl therapy, physician oversight, exercise physicologists, and respoiratory therapists.

Financial planning is a key element in the implementation of the strategic plan to ensure organizational objectives are met. The objective of this paper was to continue to develop the overall strategic plan for Civista Medical Center as they plan to implement a cardiac rehabilitation program. The projected budget was discussed along with financial assumptions and capital expenditure planning. The budget is summarized and the projected budget for phases I and II are as follows.

Budget Overview

Phase I (6 MONTH PERIOD)

Staffing Requirements

Quantity

Salary

Hours

Hourly Rate Total

Physician Advisor

Registered Nurse

1

2 $120,000

$60,000 70

1040 $57

$28

$3990

$58,240

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