For this assignment, evaluate and analyze the cost and benefit data you developed for the discussions in this unit and Unit 5. Remember that your cost-benefit analysis must relate to one of the following topics:
Patient and stakeholder satisfaction.
Note that an effective cost-benefit analysis cannot be conducted in a vacuum and risk management cannot be effectively implemented within a silo (Youngberg, 2011). Rather, savvy health care leaders consider each cost-benefit analysis within the larger context of industry trends, regulatory requirements, organizational strategy, organizational capacity, and so on.
For this assignment:
Enter the cost and benefit data you developed for the cost-benefit analysis discussions into the cost-benefit analysis template, linked in the Resources.
Write a paper in which you do the following:
Describe the organizational or program/department issue for which you have created the cost-benefit analysis.
Evaluate the cost versus benefit according to the general guidelines outlined by Plowman’s 2014 articles you read in the preparation for this assignment.
Make a recommendation as to whether the benefits are sufficient to outweigh the costs of proceeding.
Describe the systems-based context for your recommendations, integrating the cost-benefit analysis within the organization as a whole.
Describe how the issue relates to the organization’s vision, mission, and strategic direction.
Provide a rationale that explains how your recommendations are appropriate for your organization’s capacity and strategy.
Your paper should use proper APA style and formatting and include the following sections. Each section, except the title page, should include the appropriate section heading.
Use APA formatting. Include:
Assignment number, Unit 6, Assignment 1.
The course number, MHA5014.
Your instructor’s name.
Abstract, which will consist of a one-paragraph summary of the paper content. This is not an introduction to the topic, but a summary of the entire paper. Make sure to double space.
Cost-Benefit Analysis Evaluation.
Cost-Benefit Analysis Recommendations.
Context for Recommendations.
Relationship to Vision, Mission, and Strategy.
Plowman, N. (2014). Writing a cost benefit analysis. Retrieved from http://www.brighthubpm.com/project-planning/58181-writing-a-cost-benefit-analysis/
Youngberg, B. J. (2011). Principles of risk management and patient safety. Sudbury, MA: Jones and Bartlett.
Written communication:Written communication is free from errors that detract from the overall message.
Length of paper: 5–6 typed double spaced pages.
Font and font size:Arial, 10 point.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more