HA 425 Operation Analysis and Quality Improvement
Imagine that you have been asked to develop a new quality improvement program to address cost containment in your facility. Prepare a memo to the Board of Directors that proposes cost containment projects that reduce facility costs as well as improve quality.

Instructions

In the memo, discuss why there is a need to balance cost containment with quality improvement. Include at least three specific rationales.
Choose at least one cost-containment strategy. Some strategies might include outsourcing services, standardizing clinical processes, reducing overhead, etc.
Describe in your memo how you will apply it to an area (pharmacy, therapies, surgery, laboratory, etc.) within the healthcare facility entailing at least three steps.
Assignment help – Discuss at least two ways the cost-containment strategy could adversely impact quality. Explain your reasoning. In the memorandum, you should highlight why it is necessary to strike a balance between reducing costs and increasing quality. Include at least three individual justifications for your position.
Make a decision on at least one method to reduce costs. Outsourcing services, standardizing clinical procedures, lowering overhead costs, and other similar tactics could all be useful measures.
Include in your memorandum a description of how you want to apply it to a department inside the healthcare facility that requires at least three steps, such as the pharmacy, therapy, surgery, or laboratory.
Assignment help – Discuss at least two instances in which the method for containing costs could have a negative influence on quality. Explicate the logic behind your decision.
Requirements

Your submission is composed in a Microsoft Word document.
To meet the objective requirements, your response is at least 500 words in length.
Your submission includes specific examples of concepts, topics, definitions, and other elements to demonstrate mastery of the objective.
Your submission includes a highly developed viewpoint and purpose.
Your response is in Standard English and demonstrates superior organization.
Your communication is highly ordered, logical and unified, as well as original and insightful.
Your submission displays exceptional content, organization, style, and mechanics.
A separate page at the end of your response contains a list of references.
Include both in-text and reference list citations where appropriate and reference all sources used following proper Help write my thesis – APA citation style
Criterion 1: Balancing Quality and Cost- Containment
Provides a description of the importance of balancing quality improvement efforts with cost-containment
● Include at least three specific rationales.
Criterion 2: Containment Application
Selects a cost-containment strategy application with at least three steps
● Reducing overhead
● Outsourcing services, etc
Describes how strategy can be applied within a specific area within the facility
● Pharmacy
● Laboratory, etc.
Criterion 3: Potential Adverse Ramifications
Assignment help – Discuss at least two ways the cost-containment strategy could negatively impact quality.
● Provides specific examples of possible adverse ramifications (layoffs, decreased morale, etc.).
Criterion 4: Writing Requirement: Resources
Supports all opinions and ideas with relevant and credible sources of information.
● Includes more than three professional references.
Criterion 5: Writing Requirements: Length and Help write my thesis – APA
Meets length requirements of 500 words
● Cites sources using Help write my thesis – APA style.
● Includes in-text citations.
● Makes authorship clear when using quotation marks.
● Includes conclusion
HA425_2102C_-2: Apply economic concepts to the design of quality improvement plans for a healthcare facility.
The student thoroughly and clearly demonstrates an understanding of economic concepts in the design of quality improvement plans within the healthcare sector by scoring 93-100 percent on the paper.

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