Question.1786 - Please provide references- nothing older than 5 years W5a: The healthcare facility (feel free to choose any healthcare facility) you lead is looking to increase its market share by providing free services to the local community. Select a specific service such as blood pressure screening or dietary counseling ( feel free to choose any service) and develop an estimate of the potential number of new admissions or outpatient services may evolve from this process. Be specific as to the estimated number of participants in the free service that it will take to generate an admission or outpatient service related to the screening. CHATGPT guidance to help you estimate the potential impact of offering a specific free service like blood pressure screening or dietary counseling. To estimate the potential number of new admissions or outpatient services resulting from the free service, you'll need to consider several factors: Target Population: Determine the size of the local community you want to reach with the free service. This could be based on catchment area or a specific target demographic. Participation Rate: Estimate the proportion of the target population that may choose to participate in the free service. This can vary depending on various factors like the perceived value of the service, awareness, accessibility, and health needs of the population. Conversion Rate: Determine the proportion of participants who, following the free service, may require additional medical attention or follow-up investigations, leading to admissions or outpatient services. This conversion rate will depend on the specific service offered and the population's health profile. Average Utilization: Consider the average frequency at which a participant may require further medical attention or services due to the results of the free service. For example, in the case of blood pressure screening, individuals with high blood pressure may need ongoing monitoring and treatment. By multiplying the target population by the participation rate, conversion rate, and average utilization, you can estimate the potential number of new admissions or outpatient services. W5c: Explain the difference between for-profit and not-for-profit organizations. Does the profit driver for for-profit corporations impact the delivery of quality services and patient experiences? In your opinion, is for-profit or not-for profit a better structure for continuous quality improvement? Support your response with scholarly research.
Answer Below:
Introduction Healthcare facilities are driven to implement creative community engagement tactics in response to the ever-changing healthcare industry and their desire to increase their market share. Offering free services designed to meet the health requirements of the community is a strong strategy in this endeavor. This assignment examines how this program is being run strategically to determine how free blood pressure screening might affect new admissions or outpatient services. Understanding the need for preventive treatment, especially for illnesses like hypertension, this project is intended to be both a community service project and a means of fostering meaningful contacts in the healthcare setting. Target Population: Determining the target population is essential before the estimating process can begin. Suppose we have 100,000 people living in a medium-sized urban community. The healthcare facility and the catchment area will be 10 miles apart. Participation Rate: To estimate the participation rate, several elements must be considered, including perceived value, awareness, accessibility, and the population's health requirements. Studies show that participation rates for preventive treatments such as blood pressure screening can differ. A realistic participation percentage would be 20%, given these considerations. Conversion Rate: The conversion rate is the percentage of individuals needing follow-up care or medical attention that results in admissions or outpatient treatments. This may rely on the community's prevalence of hypertension when it comes to blood pressure screening. Research suggests a conversion rate of 5%, which means that 5% of people would require additional medical attention. Average Utilization: It is critical to comprehend the frequency with which individuals might need extra medical care. Those found to have excessive blood pressure during a blood pressure screening may require continuous monitoring. This covers routine examinations and follow-up care, assuming that each individual uses the services twice a year on average. Calculation: Let's compute the possible effect on incoming admissions or outpatient services. Target Population: 100,000 Participation Rate: 20% (0.2) Conversion Rate: 5% (0.05) Average Utilization: 2 visits per year Estimated Impact = Target Population * Participation Rate * Conversion Rate * Average Utilization Estimated Impact = 100,000 * 0.2 * 0.05 * 2 = 200 The medical facility can create 200 additional admissions or outpatient services by offering free blood pressure screenings to the local population. W5c Difference between For-Profit and Not-for-Profit Organizations The main areas of difference between for-profit and not-for-profit organizations are their goals and how they divide their profits. While not-for-profit organizations reinvest their earnings back into the organization to further their mission, for-profit organizations seek to maximize profits for their owners or shareholders. Both kinds of organizations exist in the healthcare industry, and each impacts patient experiences and service delivery (Waymire et al., 2023). Impact of Profit Driver on Quality Services The pursuit of profit is the fundamental motivation of for-profit businesses, which can impact the provision of high-quality services and patient experiences. According to research by Cleverley et al. (2023), for-profit healthcare organizations may prioritize revenue-generating services over preventive or community-focused treatment due to business motivation. This concentration may compromise the emphasis on long-term patient outcomes and satisfaction with revenue. However, because they are mission-driven, not-for-profit organizations frequently prioritize community health, preventive care, and the general well-being of their patients. Research by Finkler et al. (2022) suggests that not-for-profit healthcare organizations might be more dedicated to funding community engagement, safety efforts, and high-quality patient care. Continuous Quality Improvement The structure of an organization can have a significant impact on how it approaches continuous quality improvement. Non-profit organizations would be more appropriate for CQI in the medical field. According to research by Siraj et al. (2023), not-for-profit healthcare organizations typically take a more patient-centric and collaborative approach, resulting in a culture that places a high value on quality improvement activities. Because they aim to serve the community, not-for-profit organizations are frequently more open to criticism, make staff development investments, and use evidence-based practices. This emphasis on ongoing improvement aligns with how the healthcare system changes and how patient-centered treatment and improved health outcomes are becoming increasingly critical. Conclusion In conclusion, free services like blood pressure screenings might be wise for medical facilities looking to grow their market share. It is possible to compute the projected influence on new admissions or outpatient services by considering the average utilization, participation rate, conversion rate, and target population. The business motivation in for-profit organizations may alter service goals, potentially impacting patient experience and quality when comparing for-profit and not-for-profit organizations. Not-for-profit organizations are better equipped for ongoing quality improvement in the healthcare industry because of their mission-driven emphasis on patient and community well-being. References Cleverley, W. O., Cleverley, J. O., & Parks, A. V. (2023). Essentials of health care finance. Jones & Bartlett Learning. Essentials of Health Care Finance - William O. Cleverley, James O. Cleverley, Ashley V. Parks - Google Books Finkler, S. A., Calabrese, T. D., & Smith, D. L. (2022). Financial management for public, health, and not-for-profit organizations. CQ Press. Financial Management for Public, Health, and Not-for-Profit Organizations - Steven A. Finkler, Thad D. Calabrese, Daniel L. Smith - Google Books Siraj, S., Momand, B., Brunton, G., & Dubrowski, A. (2023). Identification of a partnership model between a university, for-profit, and not-for-profit organization to address health professions education and health inequality gaps through simulation-based education: A scoping review protocol. Plos one, 18(7), e0288374. https://doi.org/10.1371/journal.pone.0288374 Waymire, T. R., & Mechanick, J. D. (2023). 22. Not-for-profit financial statements: data sources by state. Research Handbook on Non-profit Accounting, 422. Research Handbook on Non-profit Accounting - Google BooksMore Articles From Finance
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