Strayer Univ Texas Health Resources Framing the Problem And Opportunity Discussion

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Health Medical

Strayer University

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Please provide a response for the attached peer and include references as well (first attachment). Please answer the below discussion post as well.


(Please use Texas Health Resources to answer the question below)

Framing the Problem/Opportunity

Using the organization you selected in Week 1, identify a specific problem or opportunity that can best be addressed through the analysis of data. Your "area of opportunity" could fall into any functional area in business: leadership, people management, finance, operations, marketing, etc. The choice is yours, but the opportunity you identify must be a "significant" one, worthy of the attention of the CEO and the Board of Directors.

  • What sort of data should you gather and analyze to accurately assess the problem or opportunity? Is it sales data, demographic data, product performance data, or another type of data?
  • Explain why this type of data is needed for this particular problem or opportunity
  • How will you obtain this data?
  • What is your hypothesis (prediction) of what the data will tell you?

References: https://www.projectmanager.com/blog/business-forec...

Unformatted Attachment Preview

Rosemarie Response: Good Evening Professor and Fellow Learners. I have been in various roles of leadership during my thirty-eight years as an RN. I am currently the supervisor of the Case Management department at NYU Langone Health-Long Island in New York. My core specialty is in case management which focuses on discharge planning/post-acute care and utilization management. I enjoy this area of practice because I not only can develop and ensure safe post-acute plans, but can coordinate a safe discharge plan with insurance companies in a cost effective manner. I have chosen to NYU Langone Health-Long Island, my employer for my Capstone project. Explain why you have selected the organization. NYU Langone Health-Long Island, formerly NYU Winthrop Hospital, is a 591-bed medical center located in Mineola, New York. It is ranked by U.S. News & World Report as one of the top-10 New York metroarea hospitals. The hospital was founded in 1896 and now is a 591-bed medical center and ACSLevel 1 Trauma Center. The NYU Langone Hospital, Long Island campus, is also home to the new NYU Long Island School of Medicine- tuition-free school with an accelerated-three-year curriculum devoted to training primary care physicians ( NYU Langone Hospital-Long Island,1). NYU Langone is an organization that insists on providing high-quality care and continuous quality improvement. As an employee of the system for the past seven years, I can say I am a proud employee. What challenges or opportunities is it facing right now? As with all healthcare systems, COVID-19 is a significant challenge. It has caused an overwhelmingly high number of acutely ill patients, increased LOS (Length of Stay), and increased cost of services, including PPE, medicines, and staffing. What important changes are going on in the sector? COVID-19 and its impact on the overall health care system. Healthcare systems are facing catastrophic financial challenges. The America Hospital Association (AHA) estimates a total four-month economic impact of $202.6 billion in losses for American hospitals and health systems or an average of $50.7 billion per month (American Hospital Association,2). What issues are you most excited about exploring? I would like to see the organization consider creating a Long Term Acute Care Hospital/Unit (LTACH). With the onset of COVID-19, we have seen patients require more extended hospital stays due to their medical acuity. An option that would free up the acute care beds, primarily ICU beds, would be the LTACH option. LTACHs can focus their energy and resources on a limited number of specialized treatments with minimal overhead and provide more cost-effective care than the same type of patient in an acute-care hospital. The typical candidate for LTACH require: Prolonged ventilator use or weaning Ongoing dialysis for chronic renal failure Multiple IV medications or transfusion Complex wound/burn care (ASHA,3). I look forward to learning how to utilize analytics to present my idea to management. Thank you for taking the time to read my post. Rosemarie Resources: NYU Langone Hospital-Long Island. n.d. Why NYU Langone Hospital-Long Island.https://nyuwinthrop.org American Hospital Association. May 2020. Hospitals and Health Systems Face Unprecedented Financial Pressures Due to COVID-19.https://www.aha.org/guidesreports/2020-05-05-hospitals-and-healthsystems-face-unprecedented-financial-pressures-due ASHA, n.d. Long-Term Acute Care Hospitals.https://www.asha.org/slp/healthcare/ltac Karen Response Good morning All, Select your Organization and Focus Area for Healthcare Capstone Project • WellStar Health Systems- Ambulatory Services within the Medical Group Select an organization you would like to focus on for your Healthcare Capstone project. This should be a publicly traded company. It could be your own employer, or it could be another company that interests you. Since you will need to gather and analyze real data, it is critical that you have access to verifiable data sources for the company you choose. Explain why you have selected the organization I work for WellStar Health System, as an employee I feel like I need to understand and see if there are areas in the organization that we can improve on and see how we are performing as an organization. What challenges or opportunities is it facing right now? 1. Staffing throughout the health system 2. COVID 19 What important changes are going on in the sector? 1. The COVID Pandemic 2. Community Health What issues are you most excited about exploring? 1. The ability to provide patients with telehealth services. References WellStar Health System https://www.wellstar.org/pages/default.aspx Karen Cotman
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Explanation & Answer

Attached. Please let me know if you have any questions or need revisions.

Texas Health Resources: Framing the Problem/Opportunity
Student’s Name
Professor’s Name
Course
Date

Texas Health Resources: Framing the Problem/Opportunity
· What sort of data should you gather and analyze to accurately assess the problem or
opportunity? Is it sales data, demographic data, product performance data, or another
type of data?
As mentioned in the first week, Texas Health Resources has done well in integrating
technology into their health systems. It also accepts insurance plans and issues out a 185 dollar
flat rate for those not insured. However, healthcare costs are not reducing any time soon.
Consumers are still getting a hack about medical bills and the benefits that accompany insurance,
and they want better online tools to manage their bills online effectively. The importance of
online health services is also increasing due to Covid-19 pandemic. Therefore, Texas Health
Res...


Anonymous
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