Overview: In this case study, you will analyze the need to improve performance of an academic medical center.
Case Study: A three-hospital academic medical center achieved strong operating margins for many years but, as with many strong health systems, was concerned about the impact of healthcare reform on future performance. The organization’s internal-gap analysis identified the need to improve performance through reduced costs and/or increased revenue by $100-million to $125-million per year over the next five years. While traditional methods of performance improvement (e.g., reducing labor and supply costs, improving revenue-cycle operations) were important, you recognize that you need to employ different methods to truly transform the organization.
Prompt: Respond to the case study by addressing the following:
What are some of the actionable opportunities or improvement strategies? Be sure to justify your response. What are the project components and steps to take to improve performance? Be sure to justify your response How do you apply the National Safety and Quality Health Service (NSQHS) standards and principles of risk assessment and quality improvement?
This assignment will help you understand risk assessment and quality improvement in healthcare, which you can incorporate into your final project.
Guidelines for Submission: Your paper should be submitted as a 1- to 2-page Microsoft Word document in APA format with double spacing, 12-point Times New Roman font, and one-inch margins.