Hca 610 Study guides, Class notes & Summaries

HCA 610 Topic 1 DQ 1 Discuss at least two implications of health care reform on the health care organization's goals and strategic plan. How will processes and operations need to be adjusted to meet the requirements of health care reform legislation?

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 2 DQ 1 Compare and contrast at least two methods of assessing health care organizations' operational needs and explain how they differ based upon a particular health care setting.

HCA 610 Topic 1 Discussion 2 Evaluate the "Comprehensive Organizational Plan" presented by Oetjen and Rotarius. Is this model suitable for any type of health care organization? Discuss the implications of the model on the ability of health care managers to contain cost, preserve quality, and promote universal access.

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 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 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 6 DQ 1 In today's economy, an important measure for a CEO or CFO is the return on assets (ROA). The goal is to maximize the ROA, resulting in reduced operating costs and improved clinical outcomes. Given the direction of reimbursement, a well-run project with positive results could impact a health care organization's revenue performance. What are some ways building projects will lose without supply chain management's expertise?

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 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.