Financial Balanced scorecard

Financial Balanced scorecard

First, select one of the four perspectives of the balanced scorecard model (Financial, Customer, Internal Business Process, or Learning and Growing). With that perspective in mind, discuss its importance within healthcare operations management. Address the following questions as you develop your response: (Please use Financial)

  • Why is your chosen perspective important?
  • What are the strengths of that perspective?

    ORDER A PALGIARISM FREE PAPER NOW

  • What are the limitations of that perspective?
  • Offer an example of how that perspective is applied in healthcare.
  • If it is not managed correctly, how might it impact operations management?

Are there Internships for Healthcare Administraton

Are there Internships for Healthcare Administraton

Curriculum Development 1 Title of Paper Student’s Name Course Number (ORG500) – Name of Course (Foundations of Effective Management) Colorado State University – Global Campus Instructor’s Name August 6, 2010 Assessment 2 Title of Paper This is your introduction. If you need help writing this paper you can view the Writing an Effective Paper handout/tutorial which is located in the Library under the Library Tutorials. Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ulta ceet dolore magna si napi. Wisi e nim admin im veniam, quis nostrud. In atsvulpate velt esse meleste at semper manet sola. Ut lacreet dolore magna aliquam sic semper fi tyrannis erat volutpat. Wisi enim ad minim veniam. Dolore eu sata sfeugiat. Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ultaceet dolore magna si napi. Wisi e nim ad minim veniam, quis nos In a tsvulpate velt esse meleste at semper manet sola. UT lacreet dolore magna aliquam sic semp fi tyrannis erat volutpat. Wisi enim ad minim veniam. Dolore eu sata sfeugiat. Level 1 Header (Example: Leadership and Diversity) The Level 1 Header is going to be a broad topic. The Level 2 Header is a subtopic under Level 1 and Level 3 Headers is a subtopic under Level 2 Header, and so on. Depending on your topic and your outline, you may not use all the Headers. Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ulta ceet dolore magna si napi. Wisi e nim admin im veniam, quis nostrud. In atsvulpate velt esse meleste at semper manet sola. Ut lacreet dolore magna aliquam sic semper fi tyrannis erat volutpat. Wisi enim ad minim veniam. Dolore eu sata sfeugiat. Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ultaceet dolore magna si napi. Wisi e nim ad minim veniam, quis nos In a tsvulpate velt esse meleste at semper manet sola. UT lacreet dolore magna aliquam sic semp fi tyrannis erat volutpat. Wisi enim ad minim veniam. Dolore eu sata sfeugiat. Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ulta ceet dolore magna si napi. Wisi e nim admin im veniam, quis nostrud. In atsvulpate velt esse meleste Assessment 3 at semper manet sola. Ut lacreet dolore magna aliquam sic semper fi tyrannis erat volutpat. Wisi enim ad minim veniam. Dolore eu sata sfeugiat. Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ultaceet dolore magna si napi. Wisi e nim ad minim Level 2 Header – This is a subtopic of Level 1 (Example: Leadership) Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ulta ceet dolore magna si napi. Wisi e nim admin im veniam, quis nostrud. In atsvulpate velt esse meleste at semper manet sola. Ut lacreet dolore magna aliquam sic semper fi tyrannis erat volutpat. Wisi enim ad minim veniam. Dolore eu sata sfeugiat. Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ultaceet dolore magna si napi. Wisi e nim ad minim veniam, quis nos In a tsvulpate velt esse meleste at semper manet sola. UT lacreet dolore magna aliquam sic semp fi tyrannis erat volutpat. Wisi enim ad minim veniam. Dolore eu sata sfeugiat. Level 3 Header – Indented, boldface, lowercase heading with a period. Begin body text after the period. This is a subtopic of Level 2 (Example: Team communication.). Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ulta ceet dolore magna si napi. Wisi e nim admin im veniam, quis nostrud. In atsvulpate velt esse meleste at semper manet sola. Ut lacreet dolore magna aliquam sic semper fi tyrannis erat volutpat. Wisi enim ad minim veniam. Dolore eu sata sfeugiat. Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Level 4 Header – Indented, boldface, italicized, lowercase heading with a period. Begin body text after the period. This is a subtopic of Level 3 (Example: Public speaking.). Ultaceet dolore magna si napi. Wisi e nim ad minim. Ulta ceet dolore magna si napi. Wisi e nim admin im veniam, quis nostrud. In atsvulpate velt esse meleste at semper manet sola. Ut lacreet dolore magna aliquam sic semper fi tyrannis erat volutpat. Wisi enim ad minim veniam. Dolore eu sata Assessment 4 sfeugiat. Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ultaceet dolore magna si napi. Wisi e nim ad minim Level 5 – Indented, italicized, lowercase heading with a period. Begin body text after the period. This is a subtopic of Level 4 (Example: Posture and tone.). Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ulta ceet dolore magna si napi. Wisi e nim admin im veniam, quis nostrud. In atsvulpate velt esse meleste at semper manet sola. Ut lacreet dolore magna aliquam sic semper fi tyrannis erat volutpat. Wisi enim ad minim veniam. Dolore eu sata sfeugiat. Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ultaceet dolore magna si napi. Wisi e nim ad minim veniam, quis nos In a tsvulpate velt esse meleste at semper manet sola. UT lacreet dolore magna aliquam sic semp fi tyrannis erat volutpat. Wisi enim ad minim veniam. Dolore eu sata sfeugiat. Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ulta ceet dolore magna si napi. Wisi e nim admin im veniam, quis nostrud. In atsvulpate velt esse meleste at semper manet sola. Ut lacreet dolore magna aliquam sic semper fi tyrannis erat volutpat. Wisi enim ad minim veniam. Dolore eu sata sfeugiat. Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ultaceet dolore magna si napi. Wisi e nim ad minim Level 2 Header (Example: Diversity) Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ulta ceet dolore magna si napi. Wisi e nim admin im veniam, quis nostrud. In atsvulpate velt esse meleste at semper manet sola. Ut lacreet dolore magna aliquam sic semper fi tyrannis erat volutpat. Wisi enim ad minim veniam. Dolore eu sata sfeugiat. Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ultaceet dolore magna si napi. Wisi e nim ad minim Assessment 5 veniam, quis nos In a tsvulpate velt esse meleste at semper manet sola. UT lacreet dolore magna aliquam sic semp fi tyrannis erat volutpat. Wisi enim ad minim veniam. Dolore eu sata sfeugiat. Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ulta ceet dolore magna si napi. Wisi e nim admin im veniam, quis nostrud. In atsvulpate velt esse meleste at semper manet sola. Ut lacreet dolore magna aliquam sic semper fi tyrannis erat volutpat. Wisi enim ad minim veniam. Dolore eu sata sfeugiat. Ipsum lorem vei illum sat dolor euis mod tincidunt vei auminiure dolor in esse. Ultaceet dolore magna si napi. Wisi e nim ad minim Assessment 6 References Carroll, A. B. (1979). A three-dimensional conceptual model of corporate performance. The Academy of Management Review, 4(4), 497. [This is a journal article citation. Articles from the Library databases are based on print journals so the citation will end with page numbers.] Collins, J. (2001). Good to great. New York, NY: HarperCollins Publishers Inc. [This is a book citation.] Epstein, M. J. (2008). Making sustainability work. San Francisco, CA: Greenleaf Publishing Limited. Epstein, M., & Roy, M. (2003). Improving sustainability performance: Specifying, implementing and measuring key principles. Journal of General Management, 29(1), 15-31. French, S. (2009). Critiquing the language of strategic management. The Journal of Management Development, 28(1), 6-17. doi: 10.1108/02621710910923836 [This is a

ORDER A PALGIARISM FREE PAPER NOW

journal article citation from a Library database. Include a doi number if available.] Ginter, P., Ruck, A., & Duncan, W. (1985). Planners’ perceptions of the strategic management process. Journal of Management Studies, 22(6), 581-596. Hollingworth, M. (2009, November/December). Building 360 organizational sustainability. Ivey Business Journal Online. Retrieved from http://www.iveybusinessjournal.com/article.asp?intArticle_ID=868 [This is a journal that is published online, so you would include the URL.] Reuters. (2010). Walgreens Co. (WAG.N). Retrieved from http://www.reuters.com/finance/stocks/companyProfile?symbol=WAG.N Assessment 7 Walgreens. (2010a). Mission statement. Retrieved from http://news.walgreens.com/article_display.cfm?article_id=1042 [This is a website citation with a corporate author. If you retrieve information from various pages of this particular website, you need to cite each web page. However, because the author and the year will be exactly the same, the lowercase letters, “a,” “b,” etc. need to be added to the year. The in-text citation would be: (Walgreens, 2010a).] Walgreens. (2010b). Our past. Retrieved from http://www.walgreens.com/marketing/about/history/default.html

Differences between Correlation and Causation

Differences between Correlation and Causation

What is the difference between correlation and causation? Offer an example of each as it relates to healthcare operations management. Then explain how these concepts are important in identifying and prioritizing operational improvement opportunities.

ORDER A PALGIARISM FREE PAPER NOW

This is just a discussion post. 250 words and a reference please

Management in Healthcare Wk 10 Discussion

Management in Healthcare Wk 10 Discussion

Management in Healthcare Wk 10 Discussion

“Ethics and Globalization of Health Care, and Electronic Medical Records Versus Personal Health Records”

Please respond to the following:

ORDER A PALGIARISM FREE PAPER NOW

  • From the e-Activity, examine the primary reasons why medical tourism is becoming popular among Americans, and determine whether or not the health care industry should encourage this consumer behavior. Give at least two (2) specific examples associated with such patient medical consumerism behaviors.
    • e-Activity: Use the Internet to research the popular treatments in medical tourism that Americans seek today. Review popular destinations for these treatments and the prevailing motives behind medical tourism. Be prepared to discuss.
  • Compare and contrast electronic medical records with personal health records. Justify the ethical responsibility of keeping patient medical and personal health records confidential. Provide a rationale for your response.

****This is a discussion, NOT a paper. Need 2 strong paragraphs and references.****

Case Study Management in Healthcare 4-6 Page Paper

Case Study Management in Healthcare 4-6 Page Paper

Management in Healthcare

Final Case Study: Consulting for the Caring Angel Hospital

****4-6 PAGE PAPER, COVER PAGE AND REFERENCE PAGE DO NOT COUNT****

Imagine that you are a senior consultant at Practical Health Care Consulting firm. Your supervisor has instructed you to spend three (3) months at the Caring Angel Hospital to help improve the quality of care, add value to the organization, improve employee morale, design an efficient organizational chart, create a strong team environment, and create the hospital’s competitive advantage. The hospital has traditionally made losses year after year. Furthermore, it is not performing well financially, and the banks are not willing to lend it large sums of money for more effective marketing.

After spending two (2) months within the hospital, you are very happy with your progress, and you think you are capable of acquiring more patient base and expanding the hospital market. However, with a closer look, you notice that your patients are still hopping from one specialized hospital to another in search of various specialized treatments. You also notice that the seats are not comfortable in the waiting area, and the patients continuously show up for appointments on the wrong dates. The nurses and the employees are not smiling during patient conversations, and everyone looks for ways to blame others for failures in the patient treatment process. Everyone seems to work alone and hide what they do from their colleagues.

At the end of the three (3) month period, you must provide a report with your recommended strategies designed to help Caring Angel Hospital achieve its goals.

Note: You may create and / or make all necessary assumptions needed for the completion of this assignment.

Write a four to six (4-6) page paper in which you:

  • From a consulting perspective, propose the major steps that Caring Angel Hospital could take to achieve each of the following goals:
    • Improve the quality of care
    • Add value to the organization
    • Improve employee morale
    • Design an efficient organizational chart
    • Create a strong team environment
    • Create the hospital’s competitive edge.
  • Recommend one (1) approach that the hospital could use for acquiring a larger market share given the prevailing financial circumstances. Justify your recommendation.
  • Investigate at least two (2) value-added services that Caring Angel Hospital could offer to strengthen its value proposition. Provide at least two (2) examples of the advantages of these value-added services to the hospital.
  • Use four (4) recent (within the last five [5] years) quality academic resources in this assignment.
    Note: Wikipedia and other websites do not qualify as quality academic resources.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

  • Propose methodologies that have been proven to increase value in health care delivery systems.
  • Examine leadership and management frameworks that are most applicable to a certain organization type within the health care industry.
  • Assess how politics in a health care organization motivates and demotivates employees, and recommend strategies to mitigate the challenges presented with each aspect.
  • Create a communication strategy to address an ethical dilemma within a health care organization regarding the quality of service and cost.
  • Craft a strategic plan that leads to a competitive advantage within a certain market.
  • Determine best practices for establishing and maintaining strategic alliances within the health care industry or enterprise.
  • Use technology and information resources to research issues in health care management.
  • Write clearly and concisely about health care management using proper writing mechanics.
Final Case Study: Consulting for the Caring Angel Hospital
Criteria Unacceptable

Below 70% F

Fair

70-79% C

Proficient

80-89% B

Exemplary

90-100% A

1a. From a consulting perspective, propose the major steps that Caring Angel Hospital could take to improve the quality of care.

Weight: 5%

Did not submit or incompletely proposed the major steps that Caring Angel Hospital could take to improve the quality of care. Partially proposed the major steps that Caring Angel Hospital could take to improve the quality of care. Satisfactorily proposed the major steps that Caring Angel Hospital could take to improve the quality of care. Thoroughly proposed the major steps that Caring Angel Hospital could take to improve the quality of care.
1b. From a consulting perspective, propose the major steps that Caring Angel Hospital could take to add value to the organization.

Weight: 5%

Did not submit or incompletely proposed the major steps that Caring Angel Hospital could take to add value to the organization. Partially proposed the major steps that Caring Angel Hospital could take to add value to the organization. Satisfactorily proposed the major steps that Caring Angel Hospital could take to add value to the organization. Thoroughly proposed the major steps that Caring Angel Hospital could take to add value to the organization.
1c. From a consulting perspective, propose the major steps that Caring Angel Hospital could take to improve employee morale.

Weight: 5%

Did not submit or incompletely proposed the major steps that Caring Angel Hospital could take to improve employee morale. Partially proposed the major steps that Caring Angel Hospital could take to add value to improve employee morale. Satisfactorily proposed the major steps that Caring Angel Hospital could take to add value to improve employee morale. Thoroughly proposed the major steps that Caring Angel Hospital could take to add value to improve employee morale.
1d. From a consulting perspective, propose the major steps that Caring Angel Hospital could take to design an efficient organizational chart.

Weight: 5%

Did not submit or incompletely proposed the major steps that Caring Angel Hospital could take to design an efficient organizational chart. Partially proposed the major steps that Caring Angel Hospital could take to add value to design an efficient organizational chart. Satisfactorily proposed the major steps that Caring Angel Hospital could take to add value to design an efficient organizational chart. Thoroughly proposed the major steps that Caring Angel Hospital could take to add value to design an efficient organizational chart.
1e. From a consulting perspective, propose the major steps that Caring Angel Hospital could take to create a strong team environment.

Weight: 5%

Did not submit or incompletely proposed the major steps that Caring Angel Hospital could take to create a strong team environment. Partially proposed the major steps that Caring Angel Hospital could take to add value to create a strong team environment. Satisfactorily proposed the major steps that Caring Angel Hospital could take to create a strong team environment. Thoroughly proposed the major steps that Caring Angel Hospital could take to create a strong team environment.
1f. From a consulting perspective, propose the major steps that Caring Angel Hospital could take to create the hospital’s competitive edge.

Weight: 5%

Did not submit or incompletely proposed the major steps that Caring Angel Hospital could take to create the hospital’s competitive edge. Partially proposed the major steps that Caring Angel Hospital could take to add value to create the hospital’s competitive edge. Satisfactorily proposed the major steps that Caring Angel Hospital could take to add value to create the hospital’s competitive edge. Thoroughly proposed the major steps that Caring Angel Hospital could take to create the hospital’s competitive edge.
2. Recommend one (1) approach that the hospital could use for acquiring a larger market share given the prevailing financial circumstances. Justify your recommendation.
Weight: 20%
Did not submit or incompletely recommended one (1) approach that the hospital could use for acquiring a larger market share given the prevailing financial circumstances. Did not submit or incompletely justified your recommendation. Partially recommended one (1) approach that the hospital could use for acquiring a larger market share given the prevailing financial circumstances. Partially justified your recommendation. Satisfactorily recommended one (1) approach that the hospital could use for acquiring a larger market share given the prevailing financial circumstances. Satisfactorily justified your recommendation. Thoroughly recommended one (1) approach that the hospital could use for acquiring a larger market share given the prevailing financial circumstances. Thoroughly justified your recommendation.
3. Investigate at least two (2) value-added services that Caring Angel Hospital could offer to strengthen its value proposition. Provide at least two (2) examples of the advantages of these value-added services to the hospital.

Weight: 25%

Did not submit or incompletely investigated at least two (2) value-added services that Caring Angel Hospital could offer to strengthen its value proposition. Did not submit or incompletely provided at least two (2) examples of the advantages of these value-added services to the hospital. Partially investigated at least two (2) value-added services that Caring Angel Hospital could offer to strengthen its value proposition. Partially provided at least two (2) examples of the advantages of these value-added services to the hospital. Satisfactorily investigated at least two (2) value-added services that Caring Angel Hospital could offer to strengthen its value proposition. Satisfactorily provided at least two (2) examples of the advantages of these value-added services to the hospital. Thoroughly investigated at least two (2) value-added services that Caring Angel Hospital could offer to strengthen its value proposition. Thoroughly provided at least two (2) examples of the advantages of these value-added services to the hospital.
4.4 recent (i.e., last five [5] years) references

Weight: 5%

No references provided Does not meet the required number of references; some or all references poor quality choices. Meets number of required references; all references high quality choices. Exceeds number of required references; all references high quality choices.
5.Writing Mechanics, Grammar, and Formatting

Weight: 5%

Serious and persistent errors in grammar, spelling, punctuation, or formatting. Partially free of errors in grammar, spelling, punctuation, or formatting. Mostly free of errors in grammar, spelling, punctuation, or formatting. Error free or almost error free grammar, spelling, punctuation, or formatting.
6.Appropriate use of APA in-text citations and reference section

Weight: 5%

Lack of in-text citations and / or lack of reference section. In-text citations and references are provided, but they are only partially formatted correctly in APA style. Most in-text citations and references are provided, and they are generally formatted correctly in APA style. In-text citations and references are error free or almost error free and consistently formatted correctly in APA style.
7.Information Literacy / Integration of Sources

Weight: 5%

Serious errors in the integration of sources, such as intentional or accidental plagiarism, or failure to use in-text citations. Sources are partially integrated using effective techniques of quoting, paraphrasing, and summarizing.

ORDER A PALGIARISM FREE PAPER NOW

Sources are mostly integrated using effective techniques of quoting, paraphrasing, and summarizing. Sources are consistently integrated using effective techniques of quoting, paraphrasing, and summarizing.
8.Clarity and Coherence of Writing

Weight: 5%

Information is confusing to the reader and fails to include reasons and evidence that logically support ideas. Information is partially clear with minimal reasons and evidence that logically support ideas. Information is mostly clear and generally supported with reasons and evidence that logically support ideas. Information is provided in a clear, coherent, and consistent manner with reasons and evidence that logically support ideas.

Homework Assignment Essay

Homework Assignment Essay

I will attach a powerpoint file that will help.

Answer ANY EIGHT of the questions below. All questions carry equal points: Note: Please cite your sources using APA style. All homework needs to be typed and submitted on the blackboard as a word document. Please include the questions that you are answering within your responses

1) Define the following: Quality, Accuracy, Reliability and Value. Briefly identify the stakeholders that are interested in quality health care and their preferences (hint: think about the Ps).

2) What does IOM stand for? What three key issues did they identify in their book “Crossing the Quality Chasm” in 2001? What is their definition of health care quality?

3) How does the reliability of healthcare services affect the quality of care you receive? What type of healthcare service do you find to be the least reliable in delivering a quality product. What type do you find most reliable?

4) Name the three Quality Pioneers (Gurus) and briefly discuss the contribution of any one pioneer to the field of quality.

ORDER A PALGIARISM FREE PAPER NOW

5) Who is Avedis Donabedian? What was his contribution to health care quality? (hint: SPO)

6) Identify and briefly describe the three primary quality management activities

7) Discuss the different types of standards. How do standards help improve quality in health care. Provide an example of each.

8) Describe how you use the cycle of measurement, assessment, and improvement (see exhibit 2.1) to evaluate and make changes in your personal life?

9) What is accreditation? Identify one health care accrediting organization, the type of HCOs it accredits.

Help with Assignment 1: Applying Economic Concepts Relevant To Health Care Spending

Help with Assignment 1: Applying Economic Concepts Relevant To Health Care Spending

Assessment #1: (15%)

As you learned in Week 1, health care spending is growing faster than overall growth in the economy (as measured by GDP) and by 2026 is expected to consume 20 percent of GDP. In Week 2, the article by Hartman (et. al.) states that “the trade-offs required to finance health care spending have become increasingly challenging for both private and public payers.”

Given what you have learned from the course material in Week 1 and 2, discuss these trade-offs and how to evaluate them from an economic perspective.

Specifically, do the following:

  1. From an economic perspective, explain why health care spending cannot grow greater than overall growth in the economy for an extended period of time without adverse consequences.
    1. Identify what economic constraints overall and in the healthcare industry will occur if this happens.
  2. Identify TWO Economic concepts that can be used to evaluate the trade-off between health care and other economic goods and services. In doing this:
  • Define the economic concept completely
  • Apply the economic concept to the current issue of rising health care spending and trade-offs
  1. Evaluate the unique characteristics in health care that complicate this analysis.

This briefing report should be at least four double-spaced pages, include a reference page, and cover page. In writing, your report you should rely largely on reference material in the course readings and summary slides in Week 1 and Week 2.

Be sure to include your name and section headers corresponding to the parts of the report above.

The first text for this course is written by Mayer, “Everything Economics”.

Access the text via the following link (copy and paste into browser)

http://ezproxy.umuc.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=418083&site=eds-live&scope=site&profile=edsebook

The second textbook is: Economic Theory Through Application

And can be found at:

https://saylordotorg.github.io/text_economics-theory-through-applications/

This week Read: 1) Mayer Chapter 1: What is Economics?

2) Mayer Chapter 13: Keeping Score: The Gross Domestic Product

3) Economic Theory Through Applications Chapter 1: What is Economics? (p. 6-18)

https://saylordotorg.github.io/text_economics-theory-through-applications/

4) Economic Theory Through Applications Chapter 2: Microeconomics in Action (p. 19-32)

1)Mayer Chapter 6: Supply and Demand

ORDER A PALGIARISM FREE PAPER NOW

2) Economic Theory Through Application Chapter 4: Everyday Decisions (p. 54-90)

3) Economic Theory Through Application- Chapter 6.3 Supply and Demand (p. 202-213)

Chapter 7.2: Revenues of A Firm (p. 244- 62)

4) Health Economics and the Law of Demand (see under this week’s content below)

5) Monitoring Health Spending Increases: Incremental Budget Analyses Reveal Challenging Tradeoffs

https://www.cms.gov/Research-Statistics-Data-and-systems/Research/HealthCareFinancingReview/Downloads/06Fallpg41.pdf

Quantitative Research Methods Evaluation and Statistical Applications

Quantitative Research Methods Evaluation and Statistical Applications

Locate at least 4 contemporary peer-reviewed articles or dissertation or thesis research studies that are quantitative or mixed-methods in nature (experimental, quasi-experimental, descriptive or pre-experimental/survey, etc.) related to your topic of interest for your paper and PowerPoint presentation. Complete the following:

  • Summarize the type of study and phenomenon of interest
  • Discuss whether the sample and population used was appropriate

    ORDER A PALGIARISM FREE PAPER NOW

  • Summarize results, limitations of results, conclusions, and applications
  • Compare the results, conclusions, and applications among all 4 studies in a summary paragraph.
  • Describe the statistical method used in the cited research studies.

Additionally, create 4 PowerPoint slides that detail the most applicable results associated with each quantitative or mixed-methods study to your topic of interest and area of application or function related to health care.

Deliverable Length: 3–5 pages, excluding cover page, abstract page, and reference page. Students need to support their work with at least 4 academic or professional peer-reviewed sources published within the past 5 years.

​Management in Healthcare Wk 11

​Management in Healthcare Wk 11

Management in Healthcare Wk 11

“Lessons Learned and Health Care Industry Challenges”

ORDER A PALGIARISM FREE PAPER NOW

Please respond to the following:

  • Determine the three (3) most important lessons that you learned in the entire course. Argue the major reasons why the identified lessons rise to a high level of consideration.
  • As discussed in the text, the health care industry continues to face challenges and patients are becoming more aware of patient rights with access to health care provider information. Specify what you believe to be the greatest challenge that the health care industry faces today. Provide a rationale for your response.

****This is a discussion, NOT a paper. Need 2 strong paragraphs and references.****

Assume that for the time in question you have 2000 cases in the proportions above.

Assume that for the time in question you have 2000 cases in the proportions above.

Your facility has the following payer mix:
40% commercial insurances

25% Medicare insurance

15% Medicaid insurance

15% liability insurance

5% all others including self-pay

Write a 3-4 page report that addresses the following requirements:

Assume that for the time in question you have 2000 cases in the proportions above. (What are the proportions of the total cases for each payer?)

The average Medicare rate for each case is $6200- use this as the baseline. Commercial insurances average 110% of Medicare, Medicaid averages 65% of Medicare, Liability insurers average 200% of Medicare and the others average 100% of Medicare rates. (What are the individual reimbursement rates for all 5 payers?)

  1. What are the expected rates of reimbursement for this time frame for each payer? What is your expected A/R?
  2. What rate should you charge for these services (assuming one charge rate for all payers)? (This gives you your total A/R.) Calculate the total charges for all cases based on this rate.
  3. What is the difference between the two A/R rates above? Can you collect it from the patient? What happens to the difference?
  4. Which of these costs are fixed? Which are variable? Direct or indirect?
    • materials/supplies (gowns, drapes, bedsheets)
    • Wages (nurses, technicians)
    • Utility, building, usage exp (lights, heat, technology)
    • Medications
    • Licensing of facility
    • Per diem staff

      ORDER A PALGIARISM FREE PAPER NOW

    • Insurances (malpractice, business etc.)
  5. Calculate the contribution margin for one case (in $) with the following costs for this period, per case: a. materials/supplies: $2270 b. Wages: $2000 c. Utility, building, usage exp: $1125 d. Insurances (malpractice, business etc.): $175
  6. Using the above information, determine which is fixed and which cost is variable. Then calculate the breakeven volume of cases in units for this period.
  7. Suppose you want to make $150,000 profit between this period and next period to fund an expansion to the NICU, how many cases would you have to see? At what payer mix would this be optimal?

 

Tags: finance healthcare finance healthcare management