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Analyzing the Impact of the External Healthcare Environment on an Organization

Analyzing the Impact of the External Healthcare Environment on an Organization

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Write a 2-3-page paper, providing the foundation for the analysis of a healthcare organization and applying an understanding of the external healthcare environment.

ASSESSMENT OVERVIEW

For your course project, you will conduct in an in-depth analysis of a chosen healthcare organization and recommend evidence-based strategies to address organizational challenges and opportunities in a dynamic environment. For this assessment, you will provide the foundation for this analysis and apply an understanding of the external healthcare environment across core disciplines.

ASSESSMENT INSTRUCTIONS

Complete the Organization Overview section and the first part of the PESTLE Analysis section of the Course Project Template [DOCX]. The sections should be 2–3 pages in length.

Use the same copy of the Course Project Template for each assessment, building on the document as you progress through the course. This will ensure cohesion and prepare you for the final project.

Organization Overview
  • Introduce the organization you are choosing to work with.
PESTLE Analysis
  • Conduct a general PESTLE analysis of your chosen organization.
    • Choose a topic identified by this analysis. This can be a challenge or opportunity to be pursued.
  • Identify possible factors in the external health care environment that impact organizational outcomes, both overall and to the specific topic you have selected.

SUBMISSION REQUIREMENTS

  • Ensure written communication is free of errors that detract from the overall message and quality.
  • Format your paper according to current APA style and formatting.
  • Use at least two scholarly resources beyond those given in the course.
  • Both sections should be between 2–3 pages, plus references page.
  • Use 12-point, Times New Roman, double-spaced.

Refer to the Analyzing the Impact of the External Healthcare Environment on an Organization Scoring Guide to ensure that your reflection meets the grading criteria for this assessment before submission.

EVALUATION

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies through corresponding scoring guide criteria:

  • Competency 1: Analyze the impact of the external healthcare environment on organizational outcomes.
    • Analyze challenges and opportunities specific to the selected topic in the chosen organization.
    • Conduct a PESTLE analysis specific to the selected topic.
    • Identify possible external healthcare factors that impact organizational outcomes.
  • Competency 4: Communicate healthcare management needs, opportunities, and strategies with multiple stakeholders.
    • Write coherently to support a central idea with proper APA format, correct grammar, usage, and mechanics as expected of a business professional.Analyzing the Impact of the External Healthcare Environment on an Organization

 

Unformatted Attachment Preview

Healthcare Organization Options Healthcare Organization Options Each of the three healthcare specialization courses has a major course project associated with it. More than a report, you are being asked to apply the concepts learned to a specific organization’s needs. You can use the same organization for each of the three course projects building an in-depth work project portfolio, or you can select a new organization type for each course project, building a diverse work project portfolio. Examples of the organizations you can choose include: your healthcare employer, hospitals, multi-physician practices, ambulatory surgical centers, large clinics, managed care organizations,supply chain systems, skilled nursing facilities,home health organizations, pharmaceutical companies, medical equipment corporations, retail pharmacies, pharmaceutical distributors,research and clinical trial firms, telemedicine organizations, nursing staffing companies, locum tenens physician companies, or public health agencies. Listed below are four different organization types with an example organization, sources, and possible topics to jump start your efforts. Rural Hospital • • • Example: Applachian Regional Healthcare System Sources: o American Hospital Association. (2013). The opportunities and challenges for rural hospitals in an era of health reform. Retrieved from https://www.aha.org/ahahretguides/2013-06-04-role-small-and-rural-hospitals-and-care-systems-effectivepopulation o American Hospital Association. (n.d.). Rural health care. Retrieved from http://www.aha.org/advocacy-issues/rural/index.shtml o Applachian Regional Healthcare System. (n.d.). Retrieved from https://apprhs.org/ o National Rural Health Association. (2018).Analyzing the Impact of the External Healthcare Environment on an Organization
http://www.ruralhealthweb.org/ o North Carolina Rural Health Research Program. (2016). 68 rural hospital closures: January 2010 – present. Retrieved from http://www.shepscenter.unc.edu/programs-projects/rural-health/rural-hospitalclosures/ o Reiter, K., Noles, M., & Pink, G. (2015). Uncompensated care burden may mean financial vulnerability for rural hospitals in states that did not expand Medicaid. Health Affairs, 34(10), 1721-1729. Possible topics: o Hospital has difficulty recruiting physicians and key staff. Locum tenens physicians are extremely costly, often more than what professional fees are collected. No on-call physicians risk the shutdown of the Emergency Department or Surgical Center, diverting key patients needing emergent care with great reimbursement rates, to other hospitals. A nursing shortage causes unit shutdowns diverting patients to other hospitals. o The role of telemedicine in providing physician services. o New regulations require major capital improvements resulting in an undue financial burden to rural nonprofit hospitals. They risk the financial burden or the closure of a valued community resource. 1 o Reimbursement is more heavily weighted to Medicaid given the population served. Medicaid traditionally pays less than any other payer, leaving physician practices and hospitals struggling with financial sustainability. Multi-Specialty Physician Practice Affiliated with a Large Medical Center System • • • Example: Mayo ClinicAnalyzing the Impact of the External Healthcare Environment on an Organization
(https://www.mayoclinic.org/) Sources: o Mayo Foundation for Medical Education and Research. (2018). Mayo clinic. Retrieved from https://www.mayoclinic.org/ o U.S. News. (2018). U.S. news hospitals ranking and ratings. Retrieved from https://health.usnews.com/best-hospitals Possible topics: o Cybersecurity and health record confidentiality is threatened when hackers seize information infrastructure. How can this be prevented? What is the plan should such occurrence happen? o Disaster preparedness systems and processes are needed to ensure minimal disruption in critical health services during a disaster of any kind. How would you institute a disaster preparedness system in a complex, multi-state system? o How can hospitals manage shared risk contracting with program such as population health, aggregating patient data across numerous, or coordinated health information sources? How can data be analyzed to develop care plans to improve both quality care patient outcomes and financial sustainability outcomes? Managed Care Organization • • • Example: Kaiser Permanente Sources: o AHRQ. (n.d.).
Care management: Implications for medical practice, health poliy, and health services research. Retrieved from https://www.ahrq.gov/professionals/prevention-chroniccare/improve/coordination/caremanagement/index.html o Kaiser Family Foundation. (2018). Retrieved from http://kff.org o Kaiser Permanente Center for Total Health. (2018). Retrieved from https://centerfortotalhealth.org/ o Kaiser Permanente. (2018). Individual and family plans. Retrieved from https://individual-family.kaiserpermanente.org/healthinsurance o UBM Medica, LLC. (2018). Managed healthcare executive. Retrieved from http://managedhealthcareexecutive.modernmedicine.com/ Possible topics: o Private employers are starting their own self-insured programs, reducing dependence on managed care organizations. o Managing the mental health parity benefit and ensuring cost effective care. o Transitioning to a value-based payment system. 2 Healthcare System-wide Supply Chain • • • Example: Cardinal Health Sources: o American Hospital Association. (2016). Survey: Hospital executive perspectives on group purchasing organizations. Retrieved from http://c.ymcdn.com/sites/www.supplychainassociation.org/resource/resmgr/Cong ressional_resourcesNewFolder/AHA_AHRMM_Survey_One_Pager.pdf o HIMSS Media. (2018). Healthcare finance: Supply chain. Retireved from http://www.healthcarefinancenews.com/resource-topic/supply-chain o HSCA. (2011). Healthcare supply chain association. Retrieved from http://www.supplychainassociation.org/ o O’Marah, K. (2017). Supply chain partners in healthcare: The top 25. Forbes. Retrieved from https://www.forbes.com/sites/kevinomarah/2017/11/23/supplychain-partners-in-healthcare-the-top-25/#50e980ae543e Possible topics: o How to bundle equipment purchase to save money and improve care o Improving overall supply chain systems, decreasing time wasted by front line staff performing supply chain tasks, thus increasing time spent with patients o Coordinating group purchasing to reduce overall costs while improving access to equipment, supplies, and pharmaceuticals o Integrating green practices, reducing the environmental impact General Sources • • • American Hospital Directory. (2018). Retrieved from https://www.ahd.com/ Lorenzetti, L. (2015).Analyzing the Impact of the External Healthcare Environment on an Organization
The 10 biggest health care companies in the Fortune 500. Fortune. Retrieved from http://fortune.com/2015/06/20/fortune-500-biggest-healthcarecompanies/ U.S. News. (2018). U.S. news hospitals ranking and ratings. Retrieved from https://health.usnews.com/best-hospitals 3 Running head: ABBREVIATED TITLE HERE 1 Course Project Title Your Name Here Capella University Instructor’s Name HCM-FPX5312: Analyzing the Health Care Environment Date in this format: March 6, 2020 Running head: ABBREVIATED TITLE HERE 2 Executive Summary/Abstract Provide an introduction to Course Project in a single paragraph. This is the last component written. Be sure to delete these instructions before submitting for Assessment 5. Organization Overview Introduce the organization and identify the challenges and opportunities. Discuss the specific project to be developed. You can use the same organization used in MBA-FPX5310, building an in-depth portfolio, OR you can select a new organization type for each course project, building a diverse project portfolio. Expected length: 0.5–1 content page. Continue to develop this section throughout this course, synthesizing content for the final course project. Be sure to delete these instructions before submitting Assessment 1. PESTLE Analysis Conduct a general PESTLE analysis of your selected organization and choose a topic identified by this analysis. This can be a challenge or an opportunity to be pursued. Identify possible factors in the external health care environment impacting organizational outcomes both overall and on the specific topic you have selected. Be sure to apply foundational knowledge and an understanding of the external health care environment across core disciplines. Expected length: 2 content pages for Assessment 1. Be sure to delete the above instructions before submitting Assessment 1. Do not work on the section below until Assessment 2. Continue to analyze the impact of the external health care environment on organizational outcomes both overall and on the specific topic. Within the context of PESTLE, answer questions such as, who are the customers, what’s the external supply chain, how does the external world impact the revenue models, who are the competitors, who are the external strategic partners, who are the stakeholders both internally and externally, and what are relevant laws and regulations impacting this organization? Apply foundational knowledge and an understanding of the external health care environment across core disciplines. Apply a balance of theories, models, and practices demonstrating an in-depth understanding of a full range of external health care environment across core disciplines. Describe any uncertainties or barriers to achieving the objectives you established in Assessment 1. How will you overcome these? 2 Running head: ABBREVIATED TITLE HERE 3 Expected length: 1–2 content pages for Assessment 2. Be sure to delete the above instructions before submitting Assessment 2. Continue to develop this section throughout this course, synthesizing content for the final course project. Market Data Analysis Identify health care market data needs to examine these opportunities or challenges for the specific topic identified. Determine where to get the data and how to integrate data from multiple sources across various disciplines from differing perspectives. Expected length: 2–3 content pages. Be sure to delete these instructions before submitting Assessment 2. Analyze health care market data to identify opportunities and challenges for health care organizations. Integrate information across disciplines from differing perspectives. Evaluate supportive and conflicting information (that is, data, insights, and best practices), integrating insights across disciplines from multiple diverse functional and strategic perspectives individually and holistically. Then use insights gained from the data to effectively understand the environment and make evidence-based decisions. Expected length: 1–2 content pages. Be sure to delete these instructions before submitting Assessment 3. Continue to develop this section throughout this course, synthesizing content for the final course project. Evidence-Based Strategies Focus on identifying trends and determining valuation in the market, including census, economic value, household composition, et cetera. Apply the information gained through the analysis to examine the organization’s position within the external environment and begin to develop a management plan that is focused on the external environment for your topic. Identify at least three evidence-based, innovative strategies to address organizational challenges and opportunities in a dynamic environment. Expected length: 1–1.5 content page. Be sure to delete these instructions before submitting Assessment 3. Continue to develop this section throughout this course, synthesizing content for the final course project. 3 Running head: ABBREVIATED TITLE HERE 4 Evidence-Based Recommendations Thinking critically and analytically, make recommendations based on the three evidence-based strategies identified to address the specific organizational challenges and opportunities you originally identified in Assessment 1. Develop at least three logical, well-supported solutions based on relevant, sound, logical, and credible evidence (that is, data, insights, analyses, or best practices) to systematically solve the challenges and opportunities to specific project relevant to all applicable stakeholders and cross-functional departments. Be sure to examine the strengths, weaknesses, opportunities, and threats and determine how to respond effectively. Apply innovative, strategic, and sustainable approaches using systems theory to consider the forces and impact across the system. Expected length: 2–3 content pages. Be sure to delete these instructions before submitting Assessment 4. Continue to develop this section throughout this course, synthesizing content for the final course project.Analyzing the Impact of the External Healthcare Environment on an Organization
Conclusion Summarize your overall course project. No new information should be included in your conclusion. Be sure to delete these instructions before submitting Assessment 5. 4 Running head: ABBREVIATED TITLE HERE 5 References (start on separate page) Be sure that your references have been updated and formatted per APA before you submit Assessment 5. See examples: Formatting Books (APA 7.02) Szostek, L., Dann, A., & Finbig, L. (2016). Essentials of finance (6th ed.). Sudbury, MA: Jones & Bartlett Learning. Formatting Electronic Journal Articles (APA 7.01) Szostek, L. (2017). Applying performance methodology to reducing medication errors in healthcare settings. Journal of Six Sigma, 23(2), 215–267. doi:123456.abcd/x There are two doi formats, as per the APA 6th edition manual and additional supplement. These are: doi:10.1999/12345 http://dx.doi.org/10.1999/12345 Szostek, L. (2017). Applying performance methodology to reducing medication errors in healthcare settings. Journal of Six Sigma, 23(2), 215–267. Retrieved from http://jss.html Remember, no library databases as sources like Proquest or Capella library, rather doi or journal homepage URL. Government or Corporate Websites (APA 7.03) American Hospital Association. (2017). American Hospital Association guide to the health care field. Retrieved from http://AHA.org/hcfield1234.html Periodicals (APA 7.01) Author, A. A. (year, month date of publication). Title of article. Periodical Title. Retrieved from URL ALSO: When noting multiple references with the same date, but different topic, you need to distinguish them by using lowercase letters both in the references and in citations. An example would be (2017a) (2017b). No hyperlinks in references. Be sure to delete these instructions before submitting your final reference list for Assessment 5. 5 ..Analyzing the Impact of the External Healthcare Environment on an Organization
Analyzing the Impact of the External Healthcare Environment on an Organization