NUR 302 Concepts In Nursing
Question:
Describe the concept emphasizing influential trends/issues and key points that you would market for Business Plan. Consider market analysis, connection to the mission and vision, relevance to the organization’s future success, community benefit, anticipated capital and budget needs, short/long term impact etc. These are some of the elements that you will be including in the strategic plan and marketing summary.
Answer:
Key points/ business plan Description
The program aims at starting both inpatient and outpatient geriatric psychiatry service area. The outpatient geriatric psychiatry (OGP) clinic will be a home to multidisciplinary team of devoted professionals who will provide care which encompass comprehensive neuropsychiatric assessments, individual and group therapy, psychopharmacology, Electroconvulsive Therapy as well as support group. Certain outpatient could as well be eligible for research protocols that will be available via the program’s research initiatives. The caregiver support groups will be offered for family member that will need support.
The inpatient geriatric psychiatry will have a unit that will offer care for older patient agonizing from severe neuropsychiatric illness which need intensive evaluation alongside treatment. There will be specialized teams of nurses, physicians, social workers, alongside rehabilitation therapists skilled enough to provide comprehensive neuropsychiatric as well as medical evaluations, and develop the utmost efficient treatment plan for every patient. The inpatient care will include psych pharmacotherapy, group and individual psychotherapy including music therapy, drama therapy and art therapy; ECT as well as after-care planning.
Market Analysis
There has been an explosion in number of older adults with behavioral disorders thus the unprecedented increase in the demand for more effective treatment for psychiatric disorders to reduce the high mortality in mentally ill young adult for many people to hit old age. Additionally, with increase in elderly cohorts, more individuals will have opportunity to develop late-onset psychiatric illness, usually linked with underlying medical/neurological illness. Extreme shortage of healthcare professionals skilled in elderly with behavioral illness treatment is facing the country. The cost for caring for people with dementia double that of caring for average Medicare patients. Moreover dementia patients account for ten-thirty percent of nursing home admission at a cost of close to $100 billion per year. It remains important that such a shortage of geriatric mental health care practionares be addressed.
Mission and Vision Connection
The mission is to reduce mortality rates and this in in line with the program as it seeks to ensure shortage of practitioners is addressed to offer quality and effective services to these group. The vision is to ensure that many young adults hit elderly age through effective treamnet of mentally disorders. This is line with the program as it will help curtail the death rate from such disorders.
Relevance to the organizations future success
The future success of the organization hinges effective implementation of this program as it will create a sustained competitive edge and hence more clients will be admitted and hence a sustainability to the organization.
Community Benefit
The complete implementation of this program will be of great beneficial to the community as the elderly will be catered for and it will reduce the deaths from the mental illness. This will mean that people will be energetic to boost productivity.
Expected Capital and Budget Needs
This service could be started at no cost to the clinic. We are set up for this program and the There is the argument that it is taking away from the provider’s clinic which makes more money.
Short/Long-Term Impact
Short term we hope to increase access to care and increase revenue, slightly. Long term impact will be massive as the clinic shall have additional and competent care providers. The program will reduce illness rate and hence will save the government money per year since it currently spends over 100USD per year.
SWOT analysis
Strengths
- Competent and skilled healthcare professionals
- Many services offered at low costs
- Adequate facilities to care for patients
Weaknesses
- Huge funds needs for training more practitioners
- Lack of some specialists
Opportunity
- Possibility of training more professionals
- Possibility of getting government funding
- Potential to create a competitive edge
Geriatric Psychiatric Services
The Challenge
A great number of elderly agonize from mental disorders due to lack of adequate geriatric psychiatric services.
Outpatient Geriatric Psychiatric Services Program
Our Solution
This will be a groundbreaking since it will be the first time outpatient geriatric psychiatric services shall be provided by the BHS/ Behavioral Health Services unit our elderly patients. The BHS unit has steadily offered high-quality mental health services adults and adolescents patients in both outpatient and inpatients contexts. Increased demand from the elderly, BHS unit is ready prioritize the elderly. The elderly have agonized challenges in coping with the death of significant others, loss of mobility and independence, declining health, isolation, and lack of emotional support systems. Our outpatient geriatric psychiatric services program aims at increasing accessibility to mental health services alongside a reduction in incidences besides depression and, anxiety severity amongst the elderly. This will lead to enhanced QoL and improved mental and physical wellness of elderly
Community Outreach and Benefit Program for Older Adults
The Benefits
The program is never profit-oriented as the society has always valued the organization based on its sustained healthcare related services support leading to unprecedented benefits to the community in charitable manner as it fills the wellness access disparity. Various groups have hailed the organization including the residents who have continually benefitted from its funding and services leading increased QoL. The novel unit will work in handy with other programs alike to boost healthy living in the community.
Capital Requirements
Costs
Several elderly agonizing from mental disorders lack access to mental health services because of healthcare insurance absence and inability to pay. They, therefore, stay untreated and solely use hospital EDs when crises hit. The organization remains the single equipped facility with PES in the region. The organization has had 100 encounters in previous six months encompassing un-insured and under and elderly agonizing from severe anxiety and depression. These encounters’ cost stood passed thereby being bore by the organization as indicated below:
Psychiatric Emergency Services Older Adult Encounters |
||
Number of Encounters |
Cost per Encounter |
Total |
100 (3.5 encounters/week) |
$2,500 (PES encounter charge only; excludes medications, meals, etc.) |
$250,000 |
Contrasted with projected new service line budget targeting over 4,000 encounters, the encounters remain extremely expensive and don’t offer specialized alongside continuing service which shall be provided by the OGP services.
Annual Expenses for New Service Line |
||
Personnel Costs |
||
Position |
% FTE |
Budget |
Geriatric Psychiatrist |
75% |
$200,000 |
Nurse Practitioner |
25% |
$65,000 |
|
|
$ |
|
|
$ |
|
|
$ |
|
|
$ |
Total positions cost |
$265,000 |
|
Total benefits cost |
% |
$0 |
Total Personnel Cost |
$265,000 |
|
Non-Personnel Expenses (i.e. supplies, equipment, printing, etc). |
|
|
|
$ |
|
|
$ |
|
|
$ |
|
Total Non-Personnel Cost |
$0 |
|
Administration Costs (not more than 15%) |
|
|
|
$ |
|
Total Administration Cost |
$0 |
|
Total
|
$265,000 |
The existing practitioners must reward people who take time to initially seek these service without being hampered by payment obstacles. Where an elderly indicates the cost of their copayment up to twenty-percent of visitation cost, it will be a financial hurdle thereby limiting their services’ access. Thus, the organization will use this budget to cover such a fee. It is projected that an estimated figure of 300 elderly patients will be served following full implementation of this proposed program with about 4000 encounters with the geriatric psychiatrist (nurse practitioner) certified by the board to assess and evaluate, manage medication and appointments’ follow-up.
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