Lone Star Hospice 2012 the FY2011 General

Lone Star Hospice 2012

The FY2011 General Fund budget proposal for the Lone Star Hospice -- our commitment to the community to a new level during a mainly difficult financial period by improving the quality of the hospice and budget experience, holding increases in cost of aid to a minimum and investing meaningfully in financial aid. This budget suggestion attains the lowest aid rate increase for all of the patients through forceful cost reduction and reorganization. This notable budget has been thoughtfully industrialized during a period of extreme financial stress and indecision and has tested us to transfer resources to our highest priorities so that the patient experience can be advanced at an cost that is affordable.

The General Fund budget recommendation for the Lone Star Hospice results from many months of planning and incorporates a multi-year view of cost and revenue projections. The Hospice is likely to face dramatic financial challenges in the near future given the State's revenue outlook, and preparation is crucial. The State has practiced sharply failing incomes as a result of the worldwide economic slump. As the Federal stimulus funds perish, the State will be forced to make more threatening choices concerning financial support for all budget areas regarding patient care and staff. This difficult condition is compounded by the decline of the economic conditions of numerous of our students and their families. Thus, the hospice has again made it a top superiority to safeguard access to the institution to admitted students from all socioeconomic backgrounds more healthcare aid.

Beyond an important asset in centrally awarded, need-based financial aid and a special Economic Hardship Program for patients and their famillies, the proposed budget again gives top priority to the hospice's crucial missions in research and public service by guiding wanted resources as much as conceivable to the patients. We are undergoing unintended growth in enrollment and our incomes are up meaningfully over last year -- a testament to the value of The Lone Star Hospice. In spite of financial restraints, we must use our resources considerately and deliberately to protect and improve the quality of the hospice care and experience we give out.

By violently reducing costs and moving from lower priorities to higher value activities, this budget guarantees that the University can linger to progress in distinguished ways by providing backing for critical reserves in the areas of financial aid, faculty, Medicaid programs, and medicare programs that can foster economic growth and innovation.

Resources

Abramson, M.A., Robinson, C.A., Hoyer, T., & Blackford, C. (2007). The continuing evolution of medicare hospice policy. Public Administration Review, 67(1), 127-134.

Campbell, D.E., Lynn, J., Louis, T.A., & Shugarman, L.R. (2004). Medicare program expenditures associated with hospice use. Annals of Internal Medicine, 140(4), 269-77.

Eagle, L.M., & de Vries, K. (2005). Exploration of the decision-making process for inpatient hospice admissions. Journal of Advanced Nursing, 52(6), 584-591.

Harrison, J.P., Ford, D., & Wilson, K. (2005). The impact of hospice programs on U.S. hospitals. Nursing Economics, 23(2), 78-84, 90, 55.

Nancy, W.D. (1998). Help with hospice and home care. Patient Care, 32(9), 15-21.

Newbold, J.J. (2007). A macromarketing perspective on the U.S. hospice industry's shift to for-profit providers. Journal of American Academy of Business, Cambridge, 10(2), 45-50.