Strategies for Ensuring That the Proposed Initiative Can Remain Viable Asset

Strategies for Ensuring That the Proposed Initiative Can Remain Viable Asset

In terms of measuring the negative consequences of this new economic opportunity, the fact remains that the hospital industry in the United States is also consolidated substantially for the past three decades and the growth rate is still increasing since 2000 (Danzer et al., 2019). Several scholars have conducted studies to measure the adverse impacts of creating new medical centers and creating partnerships and mergers. These studies state that there are negative effects on the quality of care of medical centers as well as costs paid by the patients. Hospital mergers and expansions can generate some worse or negative patient experiences; for example, there can be no vital changes in the mortality rates of Vila health Hospital for the first two to three years due to low performance of Ecosave. Changes in inflation in the country and other catastrophic events such as floods can also adversely impact the achievement of positive goals. 

NHS FPX 6008 Assessment 3 Attempt 1 Developing an Implementation Plan

The management has decided to create a contingency plan for the hospital and Ecosave (the new initiative) that can help to make the initiate more viable in the long run. The sustainability of the project is the single most important concern for the management. Master’s level nurses suggest that it is vital for the organization to specify the processes to recover electronic healthcare records EHR systems in the long run. This means that due to any calamities and uncertain events, the professionals must have access to the backup copies of the company’s EHR data. This will allow nurses to even perform better during the time of a disruption (Conley et al., 2021). Moreover, this evaluation offers vital information regarding the status of hospitals’ contingency plans. This strategy will also help the management to change their current strategies and policies to reduce threats to their electronic health information systems.

Besides, the medical center may have to bear some operating losses due to significant patient turnout in the first two years (Chong et al., 2018). Since the aging population is increasing in hospitals and that requires more facilities to ensure quality of care for the senior people, in the coming years, Ecosave will have to increase its budget on buying new equipment to keep this initiative more sustainable and viable. The workforce must increase in addition to medical healthcare facilities. This means that investment will be need for expanding the construction of the existing building to create more units, emergency departments, nurses’ rooms, and operation theatres. Hiring new staff would be the most important goal for the HR managers to ensure that more nurses are able to conduct evidence-based research on different issues to mitigate challenges in the future. This can help the organization to finally sustain more patients and repeat customers and gain more loyalty, respect, and revenue out of this new economic and healthcare initiate. 

References  

Chong, M. F., Cho, H. H., Jackson, A. J., & Bentley, S. A. (2018). Profile of the Australian college of optometry low vision clinic. Clinical & Experimental Optometry, 101(6), 793–798. https://doi.org/10.1111/cxo.12805