QUESTION-Topic 7 DQ 1 Describe financial planning and management best practices in the implementation of population-based interventions.

 

Financial planning and management best practices in the implementation of population-based interventions include laying out detailed financial plans that can allow healthcare facilities to introduce any proven services provided in population-based interventions. Financial planning can therefore help health care facilities or government departments to come up with an accurate and high-performing budget that can promote the sustained use of a population-based intervention (Shrank et al., 2021). Sustaining population-based interventions can therefore only be possible through a well-designed balanced budget and effective community engagement. Financial planning before the implementation of a population-based intervention will therefore include determining community assets. By understanding the community assets that will be available is therefore important so as to mobilize such assets in the implementation of a population health plan. The success of a population health intervention is therefore based on the assets and resources that will be at hand for certain stakeholders. Another important financial planning practice is to maintain population-based intervention initiatives after the end of funding. Collaborators and sponsors in the implementation of a population health initiative can experience a form of lack of funding constraints. A series of strategic plans and financial plans must therefore be readily available to sustain public health interventions (Sohn et al., 2020).

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