NHS FP 6008 Assessment 3 Developing an Implementation Plan
NHS FP 6008 Assessment 3 Developing an Implementation Plan
Sample Answer for NHS FP 6008 Assessment 3 Developing an Implementation Plan
Health care organizations need progressive development to meet service delivery and sustainability goals. Accordingly, it is advisable to exploit economic opportunities at the micro and macro levels to increase revenue as situations necessitate. The economic opportunity proposed to the senior management is a partnership with the local association of greengrocers. The association is routinely involved in community-based health programs, including awareness on healthy living and eating and home visitations to identify at-risk populations. Partnering with the association will expand the program’s scope since, through the partnership, a larger population will be reached, screened for health problems, and referred to the health care facility for advanced health care. This paper presents the implementation plan. Focus areas include the budget, the plan, impacts of the initiative, strategies to respond to environmental forces, and significance of evidence.
Budget for the Proposed Initiative
A cost-benefit analysis of the initiative was conducted to determine its feasibility. During the analysis, a key focus area was the costs involved and returns over five years (2022-2026). Through the project, the organization is expected to generate additional revenue to run its current programs and support its expansion efforts as situations obligate. The budget for the proposed partnership includes the costs from March 2022, when all the foundation plans are expected to be complete. It further projects the revenue expected to be earned over the five years (until March 2026).
The revenue earned through the partnership will be generated from three primary sources. The first main source is patient services’ revenue that will increase progressively over the five years. According to Mannion and Davies (2018), patients’ visits in a health care organization depend on trust and the quality of care received along with the health care culture. Excellent quality leads to satisfaction hence more patient referrals. The same concept is expected to apply to this initiative. Awareness and screening programs will encourage patients to seek health care services from the organization leading to more patient visits. The annual revenue over the five years has been calculated by multiplying the number of expected patients (200 monthly) with consultation charges and average medication costs. Estimations give $20,000 in the first year. Like many other revenue-generating activities, more revenue is expected over the years as the patients’ volume increases. As a result, revenue from the second to the fifth year will rise gradually from $30,000 to $70,000 (Appendix 1).
The other major revenue source is staff salaries. The staff to be involved includes nurse practitioners, medical assistants, nursing assistants, and support staff. The nursing staff will collaborate with a full-time physician at the organization to evaluate health care status in the community and the responses required. The staff involved will be remunerated depending on the engagement level since they will also be involved in regular organization activities. The salary earned is expected to increase gradually as more health care staff joins the initial team. The projected first-year earning is $5,000, which will gradually increase to $25,000 by the fifth year (2026).
Need a high-quality paper urgently?
We can deliver within hours.
The organization is also expected to earn substantially from saved costs. From a financial perspective, the initiative will enable the organization to save some of the current health care delivery costs. A suitable example is advertisement (media coverage) costs that will be replaced with awareness and education options of the initiative. The other cost is the community health education that the organization conducts every six months. Saved costs are expected to be constant over the five years at $3,500 annually.
The initiative will also incur some costs to establish and run over the years. One of the key cost areas is education and awareness materials. A significant part of the initiative involves educating the target population on the importance of healthy eating and living and adopting appropriate healthy behaviors. The resources involved will cost approximately $3,600 and are expected to remain the same over the years. Other costs involve technologies and screening that will consume up to $8,000 and $3,500, respectively. Telehealth will be a major part of the technologies involved. The team will also require orientation and training, a one-off expense