Analyze expected results on optimizing hiring new nurses

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Complete a PEST analysis on your organization. I am a program director, and I work at a nonclinical facility-the organization provides group homes for people with disabilities. The name of the company is Keystone Community Living, located in New Jersey. Nurses are on-site 24 hours and, at times, on call for any medical concerns.

Create a 15- to 18-slide presentation that describes your organization's PEST analysis and what impact economics in your market have on the strategy and future of your organization. Include the following in your presentation:

  • PEST Analysis (include a visual/table/etc.)
  • Political
  • Economic
  • Socio-cultural
  • Technological

Nursing Shortage Management

  • Explain your PEST status on workforce shortage as it relates to nursing.
  • Analyze strategies and expected results on optimizing hiring new nurses, retaining existing nurses, reducing premium pay, and the use of nursing agencies and travelers in the organization.
  • Analyze alternative sources or methods to improve your choices for hiring nurses (e.g., partnering with nursing schools).
  • Analyze how your organization can influence the supply of nurses in your area. Explain your perspective.

Reimbursement from Third-Party Payers

  • Explain your PEST status on how hospitals are coping with reduced reimbursement from third-party payers.
  • Analyze the application of cost-containment measures to offset reduced revenues.

Opportunities and Threats

  • Evaluate whether the economy in your market presents opportunities or threats or both for your organization.

Include detailed speaker notes for each slide.

Cite any references to support the assignment according to APA guidelines.

Reference no: EM133917969

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