The Regional Medical Center at Memphis’ 2012-2015 strategic plan was approved May 4 by the Shelby County Health Care Corporation (SCHCC) Board of Directors, the hospital’s governing body. The strategic plan is the result of a 12-month planning engagement designed to define goals and the strategic direction for the medical center.
“The healthcare landscape is in a period of dramatic transformation from regulatory compliance demands, historic reform legislation, and changing payment methodologies,” says Phil Shannon, SCHCC Board Chairman. “Our organization must be prepared to respond to changes and be positioned to thrive in the healthcare marketplace. This plan defines the organization’s strategic direction over the next few years.”
The plan summarizes the Regional Medical Center’s vision for the future with strategic goals focused on advancing clinical quality; fiscal responsibility and financial position; infrastructure and technology; workforce; growth; and physician alignment. The planning process also included the development of new mission and vision statements for the hospital.
The revised mission of the Regional Medical Center is “to improve the health and well-being of the people we serve by providing compassionate care and exceptional services.”
The hospital’s revised vision is “in collaboration with our academic partners, we will be the premier healthcare system advancing the quality of life in our communities.”