skip to Main Content

FILL OUT ORDER NOW FORM

MAKE A PAYMENT

WRITER BEGINS WORKING ON ORDER

QUALITY CONTROL CHECK

DOWNLOAD COMPLETED ORDER

Financial Impact on Quality Improvement Projects

Place your order now for a similar assignment and have exceptional work written by our team of experts, At affordable rates

For This or a Similar Paper Click To Order Now

PLEASE ONE PAGE FOR INITIAL POST AND THE OTHER ONE PAGE FOR RESPONSE TO TWO STUDENT POST THAT I WILL GIVE YOU AFTER THE INITAL POST TO REPLY TO.
Module 13 – Discussion #8 – Financial Impact on Quality Improvement Projects
2323 unread replies.2323 replies.
Initial Post
When performing quality improvement projects, outcomes should be assessed on specific measures and quality indicators. For example, a quality improvement project that reduce the skin breakdown is defined buy a reduction in the number and severity of skin breakdown. However, quality improvement projects have a financial impact as well. The AHRQ has a tool kit for approaching return on investment calculation specific to quality improvement projects. Please review Exhibit 5.4, page 129 in the Refer to: Hickey, J., & Giardino, E. (2022). Evaluation of Quality in Health Care for DNPs, 3rd Edition. Springer. ISBN-13:978-0826175229, using exhibit 5.4 provide an example of a quality improvement projects return on investment after implementation. You will have to review examples listed in the AHRQ website, primary source literature, and the textbook. (Other references:
https://www.ahrq.gov/sites/default/files/wysiwyg/professionals/systems/hospital/qitoolkit/combined/f1_combo_returnoninvestment.pdf (Links to an external site.)
http://www.ihi.org/resources/Pages/Tools/AdverseEventsPreventedCalculator.aspx (Links to an external site.))
Response post
In response to one of your classmates, use the Institute of healthcare improvement adverse events prevention calculator to calculate the financial savings for your classmate. This will require using primary source literature and safety organization data to help input dollar figures into the tool. Specific to the percentage gain in decimal points you may make up some of the data for baseline and improvement periods, but attempt to be as realistics as possible. Sometimes improvement periods can experience no improvement or a decrease in improvement. The intent is to provide you with tools and an opportunity to walk through the tasks to develop an appreciation for the financial impact quality projects bring to a healthcare organization, (Adverse prevented calculator: http://www.ihi.org/resources/Pages/Tools/AdverseEventsPreventedCalculator.aspx (Links to an external site.))

For This or a Similar Paper Click To Order Now

WHAT'S INCLUDED IN OUR ESSAY WRITING SERVICES

300 WORDS PER PAGE

To give you the best value for your money, we use a standard 300 words per page – up to 50 more words per page than other essay writing companies!

PLAGIARISM-FREE

All of our assignments are originally produced, unique, and free of plagiarism. All assignments go through plagiarism-detection software tools via a secure website before they’re sent to you.

FREE REVISIONS POLICY

If you want any changes made, it’s not a problem! Our comprehensive free revisions policy allows you to request a revision within (5) days at no extra charge.

24/7 SUPPORT

We have a team of friendly, helpful customer support staff who work around the clock, and are available to answer your questions or concerns 24/7, day or night.

Customer Testimonials