Final answer:
The strategic and business plan for Care Plus would concentrate on operational efficiency, leveraging partnerships, and technology adoption while balancing quality, access, and cost in healthcare delivery.
Step-by-step explanation:
As the Chief Strategy Officer for Care Plus health system, a strategic and business plan would involve a comprehensive approach to address efficiencies, consolidation trends, partnership leverage, and the balance between quality, access, and cost. Given the partnership with Total Health Insurance Company and the varied hospital sizes within the system, strategies may include leveraging telemedicine, exploring new healthcare professional models, and tapping into artificial intelligence for improved patient care and cost management.
Given the need for efficiency paired with high-quality care, the plan would likely incorporate a model that aligns with efficient healthcare delivery and innovation. This may also entail adopting standardized procedures across the hospitals to streamline operations, and possibly expanding the insurance mandates partnership to improve access and reduce costs. Embracing telemedicine innovations and analyzing market trends with tools like the Herfindahl-Hirschman Index (HHI) could also form part of the strategic initiatives to ensure competitiveness and manage mergers or acquisitions effectively.
In summary, the business strategy would focus on operational excellence, leveraging partnerships, incorporating technology, and continually monitoring the health care system's performance to ensure it aligns with the goal of providing affordable, high-quality care to an aging and diverse patient population.