Posted: August 15th, 2022

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Research an economic opportunity that might be available within your health care setting that will provide ethical and culturally equitable improvements to the quality of care.

Then, write a 2-page proposal for an initiative to take advantage of that opportunity, supported with economic data and an analysis of the prospective benefits.

Introduction

Note: Each assessment in this course builds upon the work you have completed in previous assessments. Therefore, you must complete the assessments in the order in which they are presented.

Master’s-level health care practitioners are charged with the responsibility of constantly scanning the external environment for shifts in the supply of, and demand for, services. Concurrently, leaders must examine their organization’s strategic direction and determine whether adjustments must be made to current service offerings, whether equipment updates are needed, whether staffing models should be changed, and whether other decisions must be made. Each decision that is proposed must be evaluated in terms of the organization as a system, alignment with the organization’s mission and strategy, available internal resources, potential contract and payer source implications, and the short- and long-term economic effects at both the micro and macro levels.

Preparation

Research an economic opportunity that might be available within your health care setting—at both micro (departmental, neighborhood) and macro (organizational, community) levels—that you believe will provide ethical and culturally equitable improvements to the quality of care. Then, propose an initiative to take advantage of that opportunity. Support your proposal with economic data (sector growth, supply versus demand, cost versus reimbursement, et cetera) and an analysis of the prospective benefits for your department and for the organization overall.

Such economic opportunities might include offering a new service line, working to improve a service line already offered, retiring an outdated or unprofitable service line, or any other initiative you believe will be of benefit to your organization in the short and long term. One example is a recently launched partnership with a local bicycle-sharing company. Your organization partners with them to host healthy community events that offer free screenings for early detection of various health issues. Free screenings help fulfill some of your organization’s preventive and healthy lifestyle initiatives, while also potentially driving referrals to other services provided by your organization.

Instructions

The requirements for your proposal outlined below, correspond to the scoring guide criteria, so be sure to address each main point. Read the performance-level descriptions for each criterion to see how your work will be assessed. In addition, be sure to note the requirements for document forma, length, and supporting evidence.

· Explain why your proposed initiative presents a viable and beneficial economic opportunity for your organization.

. Describe your proposed service line or economic initiative.

. Explain why your proposal presents an economic opportunity at the micro level and macro level.

. Explain how your proposed initiative will provide ethical and culturally equitable improvements to the quality of care.

· Analyze the economic factors of supply and demand associated with your proposed initiative, within a context relevant to your organization or care setting.

. What do economic and demographic data suggest is the supply and demand?

. What additional information would improve your analysis?

· Explain how relevant economic and environmental data support your proposed initiative.

. How does the data illustrate a potential opportunity and the economic viability of your proposal?

· Write concisely and directly, using active voice.

. Proofread your proposal before you submit it to minimize errors that could distract readers and make it more difficult for them to focus on the substance of your proposal.

· Support main points, assertions, arguments, conclusions, or recommendations with relevant and credible evidence.

· .

additional requirements

Your assessment should also meet the following requirements:

· Format: Format your proposal using current APA style.

. A title page and references page. An abstract is not required.

. A running head on all pages.

. Appropriate section headings.

· Length: Your proposal should be 2 pages in length, not including the title page and references page.

· Supporting evidence: Cite 3–5 authoritative and scholarly resources to support your proposal. Be sure that your sources include specific economic data..

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