Conducting Home Health Care Like A Business Peer Reviewed Journal

Length: 4 pages Sources: 5 Subject: Healthcare Type: Peer Reviewed Journal Paper: #68589355 Related Topics: Masters Business Administration, Healthcare Executive, Ethics In Healthcare, Home
Excerpt from Peer Reviewed Journal :

Resource Allocation in a Home Health Care Agency

As the U.S. population continues to show growth in the senior and elderly generations, a corresponding increase in health care agencies and facilities will reflect the increased demand for health and nursing services. Growth is particularly anticipated in the home health care industry as the "boomer" generation is geared toward independent living far into their lifetimes at unprecedented rates (Cubanski, 2014). Competition between these home health care agencies is expected to heat up, as economists say, since demand for quality care will be bolstered by the rise of the upper socio-economic strata in the U.S. (Varkevisser, et al., 2009). What this means for home health care administration and management is an elevated need to ensure that resource allocation exhibits the stewardship demanded by the marketplace (Cubanski, 2014).

How does your health care facility manage resource allocation?

In order to create a forward looking auditable resource allocation system, senior management at the Home Health Agency in La Mesa, California, prepares an annual budget, budget justification, and operating plan. This process ensures that sufficient and appropriate amounts of money are available for program implementation and to provide the service articulation that will meet the needs of the home health population and their families. The governing body of the home health agency conducts quarterly reviews of the approved resource allocation plan.

What systems and processes are in place?

The development...


The annual budget is designed to dovetail with the short-term and long-term strategic plans for the agency (Sussman, 2003). This means that resource allocation is determined on a basis that extends well beyond the current and next fiscal years. An important part of developing the annual budget is consideration of the assumptions upon which the operating budget is built, and these considerations are reflected in the budget justification. Projections for market demand are based on data collected and analyzed for patient care needs forecasts and associated staffing plans and challenges across the organization. These projections are likely to include an annual or bi-annual survey of the marketplace serving key patient populations.

Once this basis has been established, data from risk management studies and the utilization review are considered so that identified performance improvement activities receive appropriate levels of funding. As with any budgetary review, the sources associated with revenue, capital expenditures, and operating expenses are factored in to provide a dependable assessment of the adequacy of fiscal resources and allocations. Information that indicates a need to refine the fiscal allocation for the provision of care, such as new legislation, compliance reviews, staffing wages and salary adjustments, and such are all factored into the budget allocation and budget justification. These figures would also reflect the findings of processes that measure the performance and describe the improvement of performance for each department, office, and service that are or should be represented by line items in the approved final budget.

How are resource allocation and distribution determined?

The process that leads up to the establishment of an approved budget is highly collaborative and engages senior management and representatives from all programs and departments. Through a…

Sources Used in Documents:


Bottrell, M.M. (2013, Summer). Ethics Quality Helps Build Healthy Organizations. Organizational Health, 19. Retrieved from

Cubanski, J., Swoope, C., Damico, A., and Neuman, T. (2014, January 9). Health care on a budget: The financial burden of health spending by Medicare households. Retrieved from

Heman, B. (2015, July 28). CMS projects higher healthcare spending growth through 2024. Centers for Medicare & Medicaid Services (CMS). Modern Healthcare. Retreived from

Sussman, J.H. (2003). Strategic budgeting: A healthcare imperative. Kaufman Hall. Retreived from
Tuhana -- Facilitating Community. (2015). Innovative resource allocation: How might innovative resource development be achieved? Retrieved from
Varkevisser, M., van der Geest, S.A., and Shut, F.T. (2009, August 7). Assessing hospital competition when prices don't matter to patients: The use of time-elasticities. International Journal of Health Care Finance and Economics, 10(1), 43-60. Retreived from

Cite this Document:

"Conducting Home Health Care Like A Business" (2015, July 29) Retrieved August 10, 2022, from

"Conducting Home Health Care Like A Business" 29 July 2015. Web.10 August. 2022. <>

"Conducting Home Health Care Like A Business", 29 July 2015, Accessed.10 August. 2022,

Related Documents
Healthcare in Saudi Arabia Project
Words: 13191 Length: 40 Pages Topic: History - Israel Paper #: 81599113

Lack of accountability, transparency and integrity, ineffectiveness, inefficiency and unresponsiveness to human development remain problematic (UNDP). Poverty remains endemic in most Gulf States with health care and opportunities for quality education poor or unavailable, degraded habitats including urban pollution and poor soil conditions from inappropriate farming practices. Social safety nets are also entirely inadequate and all form part of the nexus of poverty that is widely prevalent in Gulf countries.

Interview of a Health Care Leader
Words: 2539 Length: 8 Pages Topic: Healthcare Paper #: 74030797

Healthcare The term health care refers to the inter-related system of care provided to persons during illness. In most of the cases, healthcare begins with the family doctor who refers patient to specialists if needed or directly order further diagnostic testing. Community health clinics perform the same procedure as a family doctor, but alongside with that, clinics also provide insight into patterns of health or illness seen within the community. Hospital

Healthcare Policy Systems: Hong Kong, Australia Vouchers
Words: 3575 Length: 11 Pages Topic: Healthcare Paper #: 83231836

Healthcare Policy Systems: Hong Kong, Australia VOUCHERS FOR THE ELDERLY Healthcare Policy Systems in Hong Kong and Australia Primary Health Care for the Elderly in Hong Kong Primary care is the starting point in the healthcare process (PCO, 2011). A good one is made available to the public for a comprehensive, holistic, coordinated and in locations accessible to where people live or work. It also provides preventive care and optimal disease management. In Hong

Healthcare Management Information Systems Telemedicine
Words: 3032 Length: 10 Pages Topic: Healthcare Paper #: 68846172

Therefore in the economic sense many institutions have been viewed to lay back. Knowledge and Expertise in Telemedicine Another challenge has to do with the limited knowledge and expertise in telemedicine as well as the need for enhanced and modified telemedicine systems. In this sense, little knowledge currently exists among medical practitioners on how to effectively and practically use various forms of telemedicine. This knowledge gap on insight into telemedicine, in

Healthcare Management Health Care Management on March
Words: 1544 Length: 4 Pages Topic: Healthcare Paper #: 42678368

Healthcare Management Health Care Management On March 2010, the U.S. president, Barrack Obama, signed the Affordable Care Act. This act highlights detailed health insurance reforms expected to roll out from 2011 and beyond (Vlvar, 2011). The provisions of the affordable Care Act started in 2010, and the president stressed on the immediate benefits and changes to the people of America. While people view these reforms as good public relations targeting the elections,

Healthcare Occupational Safety and Health
Words: 1605 Length: 5 Pages Topic: Healthcare Paper #: 44142264

The penalties for being out of compliance when OSHA comes knocking should be enough to motivate any healthcare facility to devise a plan to make sure that they are in compliance with OSHA's regulations. The startling thing is that it took an initiative like NEP to wake these facilities up and get them thinking about being compliant. Since they deal with people and their well being on an everyday basis,