Financial Performance
One of the key strategic challenges is to balance AF’s mission of serving all patients, regardless of their ability to pay or against tight fiscal environments at federal, state, and local levels. Although, AF receives federal section 330 grants from the Public Health Service of the U.S. Department of Health and Human Services, these funds have not kept pace with growing needs or economic changes within the health care industry. Thus, to remain financial viable in the future, it is recommended that AF focus on, …show more content…
The importance of hospitals to the local economy, coupled with their mandatory and mission-driven community benefit investments, position them to be a leader in providing “backbone” support to community revitalization projects and collaborating with partners to address residents’ needs (WHO, 2009)
Health promotion programs encourage participation and involve the population in the context of their everyday lives rather than focusing on just the obvious lifestyle risk factors of specific diseases. Management must keep in mind that these programs must be implemented and done by, with and for the people in the community, not on them. Health promotion requires partnerships for health and social development between the different sectors at all levels of governance and society. (WHO, 2009). Arroyo Fressco would explore strengthening existing partnerships, as well as creating new partnerships. As partnerships offer mutual benefits through exchange of expertise, skills and resources (WHO, 2009).
For example, partnering with local grocery stores, restaurants, and schools are essential to dissolve barriers of access to affordable, nutritious …show more content…
AF should increase development funds through proactive collaborations with foundations. Fundraising and charitable gifting is a good source. These funds can be used towards medical treatments, equipment and education. The Arizona charity Sun Health is an excellent benchmark to review. Sun Health is a 501(c)(3) tax exempt charity that provides support to multiple facilities. It would be advantageous for AF to apply for donations from Sun Health.
Johns Hopkins Hospital (JHH) and other institutions that are associated with is a successful example to follow. JHH incorporate a wide range of fundraising including athletic spokesmen, sporting events and raffles. Wonderful opportunity for corporations and area sports teams to get involved with the local community and give back to those in need. Strengthening existing partnerships, as well as creating new partnerships must be explored because partnerships offer mutual benefits through exchange of expertise, skills and resources. For example, partnering with local grocery stores, restaurants, and schools are essential to dissolve barriers of access to affordable, nutritious