Hca 610 - Study guides, Class notes & Summaries

HCA 610 Topic 4 DQ 2 The resources needed to support operations and implement strategic initiatives can far surpass those available. What is the role of the board in establishing organizational priorities? How do you know which winning ideas are worth pursuing now? How can an organization tackle ambitious plans while ensuring that operations stay on track?

HCA 610 Topic 2 DQ 2 What is the purpose of a balanced scorecard? How is the balanced scorecard used to lead and manage an organization? How can the balanced scorecard be linked to organizational effectiveness as well as individual performance evaluation?

HCA 610 Topic 7 Discussion 1 The goal of the Six Sigma program is to achieve a level of quality that is as close to perfection as possible. Sigma is actually a statistical term used to gauge how far a process deviates from perfection. Explain how the disciplines within Six Sigma can improve hospital efficiency and hospital profitability?

HCA 610 Topic 7 Discussion 2 What is your personal definition of continuous quality improvement? How would you relate this definition to operations in a health care organization? How do we try to build new methods of practicing based on profound knowledge, most of which already is tacit in the organization, as well as the new knowledge that the CQI process generates?

HCA 610 Topic 3 DQ 1 Describe the effect of higher levels of medical spending, profitability, and fiscal margins on process quality for healthcare organizations. Indicate the role of financial stability in health care organizations on their ability to adequately resource the staffing, equipment, and infrastructure that support care delivery. Specifically, what is the effect of financial flexibility in increased use of preventative and wellness measures and lower length of stay?

HCA 610 Topic 5 DQ 1 Recent turmoil in the capital markets underscored for hospital leaders the negative impact of various liability-side risks. These risks for the liability-side include market and liquidity risks as applied to investments, such as equities (stocks), bonds, securities, and property, plant, and equipment. What are several types of financial risk that the health care organization could take in the course of operations?

HCA 610 Topic 6 DQ 1 The key to planning technology is the investment in a strategic plan that encompasses not only where an organization is headed, but also defines the organization's current position. The plan, in essence, outlines the pathway between the two. Making it successful depends on how the market is defined, and whether or not the right questions are being asked. To determine the long-term cost of operation and potential revenue generation for each piece of equipment, what factor...

HCA 610 Topic 5 DQ 2 Financing risk often must be addressed when an organization is least equipped to deal with it and limited in its options. The interrelationship of asset-side and liability-side risks is a critical issue for hospital leadership. Give an example of how you would use a best practice approach to balance sheet management, giving careful consideration to management of asset/liability risks and returns in concert with one another.

HCA 610 Topic 8 Discussion 1 What is the value of supply chain management? How does supply chain management impact the financial position of an organization?

HCA 610 Topic 8 Assignment, Narrative Essay