We invite you to click on the document below to read about our 2007-2010 strategic plans.
However as we enter the third year of our strategic plan, we are faced with a significantly different economic landscape from two years ago. As a result we have had to re-evaluate our priorities, strengths and weaknesses and become even more responsive to our customer needs and those of our business and local community.
Status of our Industry and Competition
$30b industry largely fragmented with low market penetration by many providers. Brevard is an attractive county for new business.
Many small providers unable to operate in complex funding environment and vulnerable to regulatory issues (e.g. vendor holds, recoupment of revenue) as well as Federal and State funding cutbacks.
Industry move to periodic, capped services rather than long term support. Directs funding to periodic services such as supported employment, supported living, in-home and companion services and reduces funding/incentives for services such as Adult Day Training, and group homes (Res. Habilitation)
Bridges
Customer centered focusing on personal choice, self determination and independence.
Customized supports and service. Strong regulatory record.
Staff well tenured, stable, low turnover rates. Commitment to internal HR growth.
Strong management team with technical expertise in key areas (e.g. NISH, HUD)
Focus on persons with significant/ profound needs (generally underserved population)
Funding source: 90% HCBW (fixed fee per service) 10% other sources (e.g. HUD, NISH, School Board, United Way.
2006-2007 focus on strengthening internal systems and supports (E.g. IT, AR, operational alignment, information flow, risk management)
New priorities for 2009 and 2010
Identification of a viable business partner to finance future growth.
Diversify funding through partnership with V.A. and new Veterans Home project.
Acquisition of management contracts (e.g. due to poor regulatory performance).
Development of new (and value added) services in targeted markets such as ‘Live Scan’ fingerprinting and background screening services.
Leverage technical expertise to assist troubled operations through consulting agreements.
Re-design our adult training program and expand ENRICH.
Re-design Springwood 1 as a skilled medical nursing facility.