Business Case Quality
Quality, value, and cost are elements or aspects that are inherently connected and firmly combined (Homer et al., 2004). Quality improvement programs have yet to disseminate as fast as possible all the way through medical facilities and hospitals (Swensen et al., 2013). Possibly, this is owing to the reason that there is a vague comprehension regarding the financial benefit to the healthcare organizations themselves, away from the benefit to the consumers and society. The purpose of this paper is to present a business case of quality improvement in the healthcare industry. In particular, the objective of the case will be to make the argument that optimal quality and improved patient outcomes have an efficacious impact for well-being (Swensen et al., 2013).
The program presented for quality improvement encompasses provider-covered or insured employee plans. As stated by Swensen et al. (2013), improvements in ambulatory and primary care results undoubtedly have public significance and financial welfares. In particular, this business case is apparent for populaces in employment and individuals in a capitated setting. Considerable improvements can be made from better protracted disease management and use of standard drug treatments (Bailit and Dyer, 2004). Even though the ethical circumstance is resilient, the business case in the present day's repayment setting is, for the most part, lacking away from self-insured populaces of hospitals and medical facilities (Swensen et al., 2013). Improving pre-emptive care in protracted disease management centered on proof has been revealed to decrease costs by improving care, decreasing emergency room appointments, and dropping hospital admittance (Swensen et al., 2013).
Market Analysis
SWOT Analysis
Strengths
1. Increased employee satisfaction
2. Faster return to work by employees
3. Healthier personnel
Weaknesses
1. Can become costly for the...
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