Eight strategic tools implemented

Abstract

Given the financial constraints in healthcare, most managers are challenged to meet common goals pertaining cost, revenue and quality. Among others these include, improvement in patient experience, improve operational performance, improve administrative support and organizational structure, sustain and increase medical expertise, while reducing cost and increasing the load. In this section twelve strategies to reduce cost, increase load and revenue will be described. These strategies stem for five strategic directions geared towards meeting the aforementioned goals and servicing the different stakeholders of the concerned institution and the community at large. One is evolution in patient care, two is integration between patient care and research, three is coherence and alignment in competencies, four is financial viability and sustainability, and five is gaining global netting. Eight strategic tactics will be described in this chapter.