Develop a 6-7 page implementation plan for the initiative proposed in Assessment 1. Include a budget for material, staffing, and capital costs over the fist 5 years of the initiative, as well as projected earnings.

Introduction

The Assessment 1 initiative is now being implemented in this implementation plan. It proposes to provide better healthcare and outcomes for seniors with chronic conditions. This program will be called a “transitional care program”. This initiative will address gaps and challenges in current healthcare systems by providing coordination of care and decreasing hospital readmissions. This initiative requires financial resources, staff support and organizational restructuring. It also involves collaboration with community partners. This plan provides an in-depth description of this proposed initiative. The budget includes material, staffing and capital costs. A timeline is included. An organizational analysis and explanation are also provided.

Initiative description

This initiative will provide transitional care services to elderly people with chronic illnesses. Patients who need coordinated care will be provided by the transitional care program. A team of health professionals will be part of the transitional care program, which will include nurses, primary care doctors, social workers and care coordinators. They will ensure patients get timely and appropriate care.

These are the components of the transitional care program:

  1. Identification and screening of eligible patients. Patients eligible for transitional care will be identified by a screening process. This will evaluate their likelihood of hospital readmissions. Patients who have at-risk for hospital readmissions and are 65 years or older will be eligible.
  2. Care planning and comprehensive assessment: All patients who qualify for transitional care will be subject to a thorough assessment. This will include reviewing their medical history and medication lists, as well as other pertinent health information. Based on the assessment, a care plan will be developed that will identify the patient’s care needs, goals, and preferences.
  3. Care coordination and management. A team of health professionals will implement the care plan, providing coordinated services for patients. Patients will receive timely, appropriate, and coordinated care from the care coordination team, which includes medication management, monitoring for symptom, and following-up visits.
  4. Education and self-management for patients: They will be provided with education and support in managing their chronic conditions. This is to prevent readmissions. Information will be given to patients about medication management, symptoms recognition and self-care.

Budget

Financial resources will be required to pay for material, staff, and capital expenses. In Table 1, you will find the estimated budget for five years.

Table 1. Table 1. Estimated budget for Transitional Care Program

Article Price (Year 1) The cost of the year 2 Year 3: Cost Year 4: Cost Annual Costs (Year 5)
Personnel (nurses and social workers, care coordinators, primary care doctors, and care coordinators) $400,000 $450,000 $500,000 $550,000 $600,000
Material costs: office supplies, equipment and patient education material $50,000 $55,000 $60,000 $65,000 $70,000
Capital costs for IT systems, hardware, and software $100,000 $150,000 $200,000 $250,000 $300,000
The total cost $550,000 $655,000 $760,000 $865,000 $970,000

Expected earnings

It is anticipated that the proposed initiative will result in revenue from reducing hospital readmissions. Table 2 shows the estimated earnings over the initial five years.

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