MHA 605 Week 6 – Discussion: Communicating Results to Your Staff

Want create site? With you can do it easy.

MHA 605 Week 6 – Discussion: Communicating Results to Your Staff

MHA 605 Week 6 – Discussion: Communicating Results to Your Staff

Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses. Refer to the Discussion Forum Grading Rubric under the Settings icon above for guidance on how your discussion will be evaluated.

Don't use plagiarized sources. Get Your Custom Essay on
MHA 605 Week 6 – Discussion: Communicating Results to Your Staff
Just from $13/Page
Order Essay
 Communicating Results to Your Staff

Healthcare analytics continues to grow in healthcare. Using the skills you have obtained thus far from the CSBI and textbook, explain what tools you would use to educate your stakeholders on the results you have received from analytics.

Guided Response: Review your peers’ posts and provide a substantive response to at least two of your classmates’ posts by Day 7. A substantive response is a respectful, professional, and unique response that is at least five sentences in length and incorporates the following:

  • Highlights the key points of what you have learned from your peer’s post.
  • Adds your content knowledge.
  • Compares and contrasts.
  • Provides further research.
  • Is topic-related.

Monitor the forum through Day 7 to allow for robust dialogue.

MHA 605 Week 6 – Discussion: Communicating Results to Your Staff

Healthcare analytics is a greatly significant and vital element in the healthcare are the knowledge of which vastly raises personal proficiency and the knowledge of the healthcare field entirely by providing the tools and for efficient practices. It should by mentioned that he given course equipped me with a vast range of tools which I can further apply in order to educate my stakeholders on the results I have received from the analytics. Some of the tools which I found the most profound and effective will be thereby depicted and discussed in the given essay.

   The importance of data analytics in healthcare has been vastly regarded. As Davenport pointed out in his both, the common characteristics of high performing companies include “the application of analytics to improve business and finance functions, and insights into how to operationalize analytics within organizations for optimal results” (Davenport, 2014). Thereby the appliance the right strategy of  data analytics is essential. In order to address the given objectives, I believe that such tool as assessment score would be greatly effective to be applied in a range of cases. As assessment scores present precise results and facts which are easy to operate with, they can also ensure well-designed structure that would enhance optimization of any data which need to be considered and presented to the stakeholders.

   One of the tools applied for healthcare analytics and data analysis itself which has been identified by Bates, Suchi and others in their research article was the algorithm – a tool which might be greatly successful while communicating certain strategy and depicting a specific case. As the authors claim, the algorithms can “best stratify data by risk of future costs while not addressing other issues” (Bates et. al, 2014). Besides that, the algorithms were claimed to be effective at reallocating the resources more effectively “at both the high-risk and low-risk ends of the spectrum” (Bates et.al., 2014).

References

Davenport, T. H. (Ed). (2014). Analytics in healthcare and the life sciences: Strategies,

   implementation, methods, and best practices. Upper Saddle River, NJ: International Institute for Analytics, Pearson Publisher. ISBN 13: 9780133407334

Bates, D. W., Saria, S., Ohno-Machado, L., Shah, A., & Escobar, G. (2014). Big data in   health care: Using analytics to identify and manage high-risk and high-cost patients. Health Affairs, 33, (7), 1123-1131. Retrieved from http://search.proquest.com/

MHA605 BUSINESS INTELLIGENCE

Welcome to Week Six

Continuing with the experience of working with the data and provide useful and meaningful information, students will be able to identify the measures of success.  What is success?  Who determines what is success in healthcare?  There are a variety of measures in healthcare to determine success.  One of these is performance.  The Department of Health and Human Services (n.d.) has a that presents performance management and measurement in an easy-to-follow method.  The module also goes through quality improvement goals and provides ways for the healthcare organizations to evaluate the success of these goals and begins with the reminder that healthcare organizations have a common purpose to provide high quality care to patients (Department of Health and Human Services, n.d.).  Success can be defined in a couple of ways (“Success | Definition of Success by Merriam-Webster,” 2015):

  • Getting or achieving wealth, fame, or respect
  • Achieving a desired result or goal.

Healthcare organizations hope to have pieces of both definitions:  wealth could be translated into profitability, fame translated to recognition of their successes, respect translated into becoming an organization that others look to for benchmarking and best practices, none of which could be possible without achieving the goals and results they have determined.  Benchmarking and best practices are similar to what we do in our personal lives.  For example, if a swimmer has a goal to become one of the fastest swimmers, he/she would do some research on some of the top swimmers from local, regional, national, or Olympian swimmers to simulate what these swimmers do from a training and performance standpoint (i.e., how often they practice, how long they practice, how they practice).  What these successful swimmers do takes dedication and continuous monitoring of their results.  Same applies to healthcare organizations on their continuous quality efforts.  While trying to achieve quality results, healthcare organizations (and swimmers) must look at the costs involved.  Healthcare organizations continue to be scrutinized about the cost of healthcare, particularly when looking at the overall value of the healthcare experience.

One of the measures used when deciding to purchase an analytics system, or other capital purchases, is the return on investment (ROI).  The return on investment is basically looking at how much money is being invested, and how much money is coming in as a result of the investment.  There are various resources available for help in determining how to calculate the ROI, some scholarly and some not scholarly.  For example, Khan Academy has extensive resources on a variety of accounting and finance-related tools, including ROI—watch the video on to see more details (Khan Academy, 2016).  Investopedia also has a very good explanation of ROI (remember that “pedias” are not considered scholarly, but can provide other resources to begin the research efforts) as follows (Investopedia, LLC, 2016):

  • What:  determines the efficiency of investments
  • How:  breaking down the ROI calculation
  • When:  limitations of ROI

Oftentimes the value of an investment or process change must be identified and presented to all of the stakeholders in a healthcare organization before it can be approved, or denied.  With any type of information technology (IT), it can be challenging to determine ROI since the measurements are more operational and intangible.  Students are encouraged to continuing researching ROI and how this is determined for analytics.

References

Department of Health and Human Services. (n.d.). Retrieved from http://www.hrsa.gov/quality/toolbox/methodology/performancemanagement/index.html

Investopedia, LLC. (2016). Retrieved from http://www.investopedia.com/terms/r/returnoninvestment.asp

Khan Academy. (2016). Retrieved from https://www.khanacademy.org/economics-finance-domain/core-finance/investment-vehicles-tutorial/investment-consumption/v/return-on-capital

Success | Definition of Success by Merriam-Webster. (2015).. Retrieved from http://www.merriam-webster.com/dictionary/success

Required Resources

Text

Davenport, T. H. (Ed). (2014). Analytics in healthcare and the life sciences: Strategies, implementation, methods, and best practices. Upper Saddle River, NJ: International Institute for Analytics, Pearson Publisher. ISBN 13: 9780133407334

  • Part IV: Best Practices in Healthcare Analytics Across the Ecosystem – This section highlights the most effective methods and practices used in healthcare organizations to analyze and use data inter-, and intra- organizationally. These textbook readings will provide assistance with the CSBI exam and the discussion question.

Article

Bates, D. W., Saria, S., Ohno-Machado, L., Shah, A., & Escobar, G. (2014). . Health Affairs, 33, (7), 1123-1131. Retrieved from http://search.proquest.com/

  • This article discusses the U.S. health care systems adoption of the Electronic Health Records system and how it has increased the availability of clinical data. The outcome of clinical data in conjunction with analytics is opportunities to reduce costs incorporating big data: high-cost patients, readmissions, triage, decompensation (when a patient’s condition worsens), adverse events, and treatment optimization for diseases affecting multiple organ systems (2014).  This article will provide assistance with the CSBI exam and the discussion question.

Website

. (n.d.). Retrieved from http://www.hfma.org/

  • The Healthcare Financial Management Association is an organization of healthcare finance leaders that builds and supports coalitions with other healthcare associations and industry groups to face the challenges the U.S. healthcare system faces today. This website will provide assistance with your CSBI exam preparation and your assignment.

    Accessibility Statement does not exist

Did you find apk for android? You can find new and apps.

What Will You Get?

We provide professional writing services to help you score straight A’s by submitting custom written assignments that mirror your guidelines.

Premium Quality

Get result-oriented writing and never worry about grades anymore. We follow the highest quality standards to make sure that you get perfect assignments.

Experienced Writers

Our writers have experience in dealing with papers of every educational level. You can surely rely on the expertise of our qualified professionals.

On-Time Delivery

Your deadline is our threshold for success and we take it very seriously. We make sure you receive your papers before your predefined time.

24/7 Customer Support

Someone from our customer support team is always here to respond to your questions. So, hit us up if you have got any ambiguity or concern.

Complete Confidentiality

Sit back and relax while we help you out with writing your papers. We have an ultimate policy for keeping your personal and order-related details a secret.

Authentic Sources

We assure you that your document will be thoroughly checked for plagiarism and grammatical errors as we use highly authentic and licit sources.

Moneyback Guarantee

Still reluctant about placing an order? Our 100% Moneyback Guarantee backs you up on rare occasions where you aren’t satisfied with the writing.

Order Tracking

You don’t have to wait for an update for hours; you can track the progress of your order any time you want. We share the status after each step.

image

Areas of Expertise

Although you can leverage our expertise for any writing task, we have a knack for creating flawless papers for the following document types.

Areas of Expertise

Although you can leverage our expertise for any writing task, we have a knack for creating flawless papers for the following document types.

image

Trusted Partner of 9650+ Students for Writing

From brainstorming your paper's outline to perfecting its grammar, we perform every step carefully to make your paper worthy of A grade.

Preferred Writer

Hire your preferred writer anytime. Simply specify if you want your preferred expert to write your paper and we’ll make that happen.

Grammar Check Report

Get an elaborate and authentic grammar check report with your work to have the grammar goodness sealed in your document.

One Page Summary

You can purchase this feature if you want our writers to sum up your paper in the form of a concise and well-articulated summary.

Plagiarism Report

You don’t have to worry about plagiarism anymore. Get a plagiarism report to certify the uniqueness of your work.

Free Features $66FREE

  • Most Qualified Writer $10FREE
  • Plagiarism Scan Report $10FREE
  • Unlimited Revisions $08FREE
  • Paper Formatting $05FREE
  • Cover Page $05FREE
  • Referencing & Bibliography $10FREE
  • Dedicated User Area $08FREE
  • 24/7 Order Tracking $05FREE
  • Periodic Email Alerts $05FREE
image

Our Services

Join us for the best experience while seeking writing assistance in your college life. A good grade is all you need to boost up your academic excellence and we are all about it.

  • On-time Delivery
  • 24/7 Order Tracking
  • Access to Authentic Sources
Academic Writing

We create perfect papers according to the guidelines.

Professional Editing

We seamlessly edit out errors from your papers.

Thorough Proofreading

We thoroughly read your final draft to identify errors.

image

Delegate Your Challenging Writing Tasks to Experienced Professionals

Work with ultimate peace of mind because we ensure that your academic work is our responsibility and your grades are a top concern for us!

Check Out Our Sample Work

Dedication. Quality. Commitment. Punctuality

It May Not Be Much, but It’s Honest Work!

Here is what we have achieved so far. These numbers are evidence that we go the extra mile to make your college journey successful.

0+

Happy Clients

0+

Words Written This Week

0+

Ongoing Orders

0%

Customer Satisfaction Rate
image

Process as Fine as Brewed Coffee

We have the most intuitive and minimalistic process so that you can easily place an order. Just follow a few steps to unlock success.

See How We Helped 9000+ Students Achieve Success

image

We Analyze Your Problem and Offer Customized Writing

We understand your guidelines first before delivering any writing service. You can discuss your writing needs and we will have them evaluated by our dedicated team.

  • Clear elicitation of your requirements.
  • Customized writing as per your needs.

We Mirror Your Guidelines to Deliver Quality Services

We write your papers in a standardized way. We complete your work in such a way that it turns out to be a perfect description of your guidelines.

  • Proactive analysis of your writing.
  • Active communication to understand requirements.
image
image

We Handle Your Writing Tasks to Ensure Excellent Grades

We promise you excellent grades and academic excellence that you always longed for. Our writers stay in touch with you via email.

  • Thorough research and analysis for every order.
  • Deliverance of reliable writing service to improve your grades.
Place an Order Start Chat Now
image