PHN 652 Benchmark – Funding Plan

PHN 652 Benchmark – Funding Plan

PHN 652 Benchmark – Funding Plan

Funding Plan

Cancer is one of the health problems that have considerable morbidity and mortality rates. Nurses play an essential role in ensuring that care that meets the needs of the cancer patients is provided. Nurses explore the available best practices that are used in reducing the impacts of the disease on the patients. One of the health problems that cancer patients and their significant others face is the high costs of treatment. Cancer patients incur high costs due to the need for frequent hospital visits, hospitalization and purchase of expensive drugs. Therefore, the purpose of this paper is to propose an intervention that will provide transport support for patients with cancer requiring hospital visits.

Description of Data Used to Determine the Targeted Health Disparity

Cancer is one of the health problems with increasing prevalence in the USA. The statistics by the National Cancer Institute shows that new cases of cancer that were projected to diagnosed in the US in 2020 was 1806590. The statistics further shows that about 606520 people were expected to die from cancer in 2020. The American population is highly predisposed to different types of cancers that include breast, ling, prostate, colon, rectum, and skin and non-Hodgkin lymphoma among others. The cost burden of cancer is significantly high. The data estimates shows that the national expenditures for cancer treatment in the US in 2018 were about $150.8 billion (NIH, 2021). The costs incurred by cancer patients in seeking cancer care are considerably high. For example, the study by Dean et al., (2019) showed that besides the insurance support, patients with cancer in New Jersey and Pennsylvania incurred $2306 in the forms of out-of-pocket payments when compared to $1090 incurred by patients without cancer. The study further showed that cancer patients further incurred $3325 attributed to loss in productivity (Dean et al., 2019). The risk for financial distress in cancer patients worsen if patients are predisposed to treatment complications such as lymphedema in breast cancer. As noted initially, cancer patients require frequent hospital visits, hospitalizations, and purchase of expensive medications. The implication is the increased spending in cancer, which strains the family budgets significantly (Yabroff et al., 2019). The prevalence of cancer as well as its burden to the affected in my community has been rising significantly over the past years. Despite this rise, minimal interventions have been adopted to address the cost burden of the disease management to the families. Therefore, it is proposed in this paper that providing free transportation to cancer patients while seeking their needed medical care would significantly help reduce the burden of the disease.

Description of the Health Disparity Targeted Through the Intervention

The health disparity that the proposed intervention seeks to address is the cost burden of cancer among the affected individuals and families. The current statistics shows that the prevalence and burden of cancer in the US is increasing on a yearly basis. Patients, their families and communities at large suffer significantly from the high burden of cancer and its treatment. The effective management of cancer and its complications is financially draining to patients and their families. Communities also suffer from decline in productivity among the affected patients and their families. Significant disparities exist in the outcomes of cancer treatment across ethnicities in America. For example, individuals from ethnic minorities experience poorer health outcomes in cancer treatment when compared to those from ethnic majority groups. The differences are attributed to factors such as income levels and affordability of premium health insurances. The cost burden of cancer treatment has adverse effects on the health and wellbeing of patients and their families. As a result, the implementation of the proposed intervention would result in improved cost effects as well as experience for cancer patients in the USA.

Description of Intervention Sustainability

The proposed intervention will rely mainly on the support from well wishers and donations. The approach to initiating the program will entail the establishment of public awareness campaigns that will create the need for the intervention. The public health campaigns will be used to raise the funds that are needed to support the program. It will also be used to solicit well-wishers with the abilities to support the initiative to provide the transportation services that the patients need. The donations from the campaigns will be transformed into long-term donations for sustainability of the program. Short and long-term goals will be developed to guide the implementation process. The realization of the short and intermediate goals of the intervention will motivate the stakeholders to adopt more interventions for the sustainability of the program. A database will also be developed to seek donations and other forms of support from the public. The database will also be used to create awareness among the public on the achievements of the project in promoting the health and wellbeing of the cancer patients and their families. Regular assessments will be performed to identify the improvement interventions that are needed for program sustainability.

Possible Cost Savings Resulting from Intervention Implementation

The implementation of the proposed intervention will be associated with a number of cost savings for the cancer patients and their families. Firstly, the intervention will reduce the cost burden that cancer patients and their families incur in seeking the care that they need. Cancer increases the need for frequent hospital visits and hospitalizations as it advances. Therefore, implementing the program will provide considerable cost-savings for the patients and their significant others, hence, improved productivity in the community. The other cost saving benefit of the program is that it will increase the affordability of care for the cancer patients and their families. The money that could have been used for transportation cost will be channeled to other uses such as purchasing the essential medicines by the patients. Consequently, the economic burden of cancer will decline significantly in the community.

Rationale for Chosen Sources of Funding

As noted above, the main sources of funding for the proposed intervention will be donations from well-wishers. Donations are appropriate for the proposed intervention because its implementation is not cost-intensive. Donations are also appropriate because they will create awareness among the population on the importance of supporting the intervention for social wellbeing. Therefore, it will help the community members understand the role that they play in promoting the health and wellbeing of individuals and families affected by cancer.

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Proposed Budget

The proposed budget for the program is as follows:

Item     Cost ($)   Total ($)
Income
  Donor funding 20,000 17000
Expenses
  Volunteers 0
  Database development and maintenance costs 2000
  Transportation costs 5000
  Support with additional needs such as food 5000
  Extraneous 2000
Total 17000

 

Description of Adherence to Financial Planning and Management Best Practices

The implementation of the project will take into consideration the best practices of financial planning and

PHN 652 Benchmark - Funding Plan
PHN 652 Benchmark – Funding Plan

management. One of the approaches that will be adopted to adhere to the financial planning and management practices will be ensuring transparency in financial reporting. Transparency in spending and revenues generated from the program will be considered to ensure that stakeholders trust the program. The other intervention will be ensuring that records of the undertakings of the project are kept and maintained up-to-date. Proper record keeping will be important in ensuring that the objectives of the project are achieved. Proper record keeping enhances the trustworthiness and transparency of the financial reporting and management in the program. The other intervention will be promoting honesty in program initiatives. The program stakeholders will at all the times ensure honesty in its plants and implementation of strategies to ensure that it attracts more donors for the program. Honesty will also drive the desired sustainability of the program. The last approach will be developing and sharing with stakeholders a balanced sheet of spending at the end of any activity or project period.

Conclusion

Cancer is one of the health problems with considerable financial burden to patients and significant others. Cancer increases the need for frequent hospital visits, hospitalizations, and purchase of medications. Cancer patients and their significant others often lose productivity due to increased time spent in seeking healthcare and dependence on others. The financial strain that patients and families experience can have adverse effects on their health and wellbeing. Therefore, it is expected that the implementation of the program that provides transportation support to cancer patients will alleviate the financial burden that cancer patients and families experience.

References

Dean, L. T., Moss, S. L., Ransome, Y., Frasso-Jaramillo, L., Zhang, Y., Visvanathan, K., Nicholas, L. H., & Schmitz, K. H. (2019). “It still affects our economic situation”: Long-term economic burden of breast cancer and lymphedema. Supportive Care in Cancer, 27(5), 1697–1708. https://doi.org/10.1007/s00520-018-4418-4

NIH. (2021). Cancer Statistics—National Cancer Institute (nciglobal,ncienterprise) [CgvArticle]. https://www.cancer.gov/about-cancer/understanding/statistics

Yabroff, K. R., Gansler, T., Wender, R. C., Cullen, K. J., & Brawley, O. W. (2019). Minimizing the burden of cancer in the United States: Goals for a high-performing health care system. CA: A Cancer Journal for Clinicians, 69(3), 166–183. https://doi.org/10.3322/caac.21556