HCAD 698 Simulation 8 Expansion

.docx

School

American Military University *

*We aren’t endorsed by this school

Course

3010

Subject

Health Science

Date

Dec 6, 2023

Type

docx

Pages

Uploaded by DoctorMusic7289

HCAD 698 Simulation 8 Expansion 1. As a healthcare consultant, effective analysis on all areas should include current healthcare population trends, and surrounding competitors. Expanding services can be dependent on healthcare utilization costs and treating patients regarding long-term care (Stevens et al., 2019). Documenting the index through the electronic health record (EHR) would be crucial for analyzing trends over time within the community. 2. Recommendations for the expansion of services would adhere to staff requirements, financial concerns, or a plan to build new patient referrals. An element to consider would be insurance coverage and proving that a solidified health coverage plan can improve financial security and increased options for affordability. I would suggest a comprehensive review of expansion services within the company budget to ensure that the utilization of services is appropriate to conduct revised health reform proposals. 3. Handling how a particular healthcare facility that has not entered the home healthcare market can include inquiring on why they are surveying the option now. Possibilities can include the ability to have greater independence and the attribution to cost-efficient patient outcomes (Levitt, 2021). I recommend this convenience as it is offered among various healthcare agencies. In retrospect, I feel this would drive market growth with patients who currently suffer from more severe chronic conditions. 4. When discussing with a marketing director who is favorable with the home healthcare market, I would ask what are the biggest changes occurring in the marketplace? I would do my own research as it’s been determined that the geriatric population has risen substantially, and rising interest of the elderly population to live independently within

their own homes calls for an expansion of services (Levitt, 2021). Furthermore, I would echo the importance of specialized care services to bolster the growth of the market. 5. Regarding financial implications of home healthcare, I would consider the data within the covering region and plan a course of action. I would ensure physicians and nurses are trained with the appropriate mechanisms to ensure health services are expanded to underserved areas and to the growing geriatric market. Putting focus on data analytics can help determine medical care preference to determine any necessary cost allocations. 6. When discussing types of home healthcare services to implement, I would inquire if expansion can reduce readmission rates, what type of services would be offered, and the drawbacks to expanding into home health care. All implemented programs should be enacted through a diverse distribution of healthcare professionals and rationalized through sufficient network coverage (Levitt, 2021). I would encourage this integration to ensure patients remain as independent with their care as possible. 7. A pivotal topic to discuss with the chief financial officer would be finding ways to reduce the risk of not penetrating the market. I believe an important factor to effectively penetrate the market would be to better support the home healthcare market sector through durable medical equipment (DME) needs and managing patients’ acute care for independence (Polsky et al., 2014). For example, incentivizing DME companies would improve services and produce high-quality equipment for nimble deliverance. 8. Providing helpful information to the medical chief would include asking if the expansion of home healthcare would ease readmission rates. I feel the answer lies with mitigating risks to patient safety within the home setting. Providing infection control, sanitation and eliminating challenges to communication barriers can provide pathways for more

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help