Life Care Center of America has over twenty-five fully operational Health care centers throughout the United States. This corporation was The Life Care Centers of America story began in 1970 when Garden Terrace Convalescent Center, now Life Care Center of Cleveland, was built in Cleveland, Tennessee. With a highly trained staff of caring associates and a beautiful building resembling a home environment more than a traditional nursing home, Life Care embarked on its more than 40-years of experience in care – with a consistent focus on the resident as the highest priority and expanded quickly. They serve the older adult community and mostly in underserved areas. Healthcare facilities need to plan of time for changes and plans. The goals and mission are what helps in strategic planning including the new smart goals and gathering information from the collaborative team. My goal with this assignment is to outline and review Life Care centers strategic plan for the next five years taking into account the above information. Life care Centers mission statement is “committed to being the top long term health care provider. It is our desire to be the facility of choice in any community in which we operate” (Life Care Centers of America). In connection within their mission statement, their vision for the company is “We believe in the resident-centered approach to care in which the total needs of the residents are met. 

The resident’s family is encouraged to become closely involved with the center in meeting the resident’s needs” (Life Care Centers of America). While reviewing their current strategic plan for the company, a few different parts evolved. The area with the most interest is the yearly strategic plan and using the theme of Building new infrastructure for the growth of businesses and communities which will serve for about ten years. We are looking both at the five year and ten-year plans for the organization. There are many areas for improvement but overall is patient care and creating a place for people to feel cared for while creating a strong diverse workplace for employees. When looking at themes and growth, we will focus on growing a better place for patients, leading with innovation and continue to show the community how important we take our business and purpose. Community involvement is crucial in the development of the plan as support. The goal is to take their current infrastructure and continue to grow from it using the mission and vision of the company. Lastly, working with the nursing administrative team in improving the overall patient care and satisfaction scores.

When discussing the key initiatives for 2023, we are looking at the retention rates of staff, development of leadership and financial program which are not clearly not presented. The plan that shows the strategic plan document as it is quite busy and not cohesive. Healthcare companies are very quick to understand the financial standpoint and success but have a hard time achieving it (Michelson, 2022). When seeing the 10 year plan, the goals and mission do go together in giving outstanding care to their community members they serve. The strategic plan does outline the process and model to assist with the community changes and growth potential. 

While reviewing the companies short term initiatives, it does support their mission and infrastructure to support their plan. In developing a comprehensive summary and analysis of their plan, I would say that life Care Centers plans are well organized, written and thought out but need to focus on better communication skills within their organization to optimize better results.

Validity of Data and Analytical Strategies

When deciding to see if your organization’s effectiveness is optimal, we have to make sure that the objectives go hand in hand with your plan and ho it will be executed. To hit the targets that were set with the team, evaluation is constant and making sure you are up to date with resources and the team is a collaboration of all departments (Contributor, 2020). When educating your team on (KPI), which are the key performance indicators, make sure that data is being gathered from surveys, financial reports and the electronic medical records system. One of the company’s goals for their five year is to become a top recognized health care system. Life Care Center plans to accomplish this by expanding to more communities and increasing their revenue by 45% which was a plan after seeing their financial reports and patient demographics which made them see the opportunity. Life Care Center is aiming for 2026 to be fully integrated with all health care service and seeing a revenue increase of 350,000,000 and 250,000 census for patients. The company will continue annual reviews of all financial reports and data.