Strategic plans provide lasting solutions to rural crisis
Folger, J.C.
Healthcare Financial Management Journal of the Healthcare Financial Management Association 44(4): 25-26; 28-30
1990
ISSN/ISBN: 0735-0732 PMID: 10145232 Document Number: 354463
Strapped for money and time, many rural hospitals could be tempted by temporary fixes to their financial struggles. Strategic planning helps develop a broader, long-range blueprint for survival. Its steps include making financial evaluations of services; undertaking market and patient origin studies; assessing competitors; involving community leaders; and defining possibilities for joint projects and facility mergers.