Describe a business model and its component parts

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Assignment: Strategic Training of Healthcare Workforce on Policies, Procedures, andRegulation

Course Outcomes: • HS450: Construct organizational training strategies that resolve emerging issues ina healthcare environment.

• GEL-1.02: Demonstrate college-level communication through the composition oforiginal materials in Standard American English.

Unit Outcomes: • Differentiate between the concepts of strategy and strategic management.

• Apply analyses of internal and external environments to strategic planning.

• Describe a business model and its component parts.

• Understand the purposes of strategic alliances.

• Describe the relationships among alliance motivation, structure, and outcomes.

Instructions: You are a healthcare executive of a large hospital, serving as director of healthinformation. You have been advised that there are serious concerns regarding thecompetence of the facility's billing and coding staff. To address these concerns, you willdevelop an action plan. Please complete your action plan as indicated below in Parts 1-3.

Part 1: Instructions

Evaluate at least three (3) types of abuse or fraud that may occur during the course ofmedical coding and billing activities. Determine at least three (3) organizational policiesand procedures that monitor such activities and critique the effectiveness of eachpolicy/procedure.

Part 2: Instructions

Based upon the trends of abuse or fraud that you identified in Part 1, develop both anew employee orientation program and an ongoing training program for medical billingand coding employees. Design outlines of each training program and construct thelearning activities involved. You should also indicate a leadership approach that youwould use in the implementation of the programs.

Part 3: Instructions

Develop a plan to evaluate the training programs at "time of launch" and again atperiodic times over the next two (2) years. Describe the methods used to evaluate theeffectiveness of each training program.

Part 4: Background

An information asset is a body of information that is defined and managed as astandalone, single unit that can be shared and exploited to the organization's benefit. Itis referred to as an asset because it has financial value to the organization. Enterprise wide information assets that are common to large health care organizations includebilling systems, EHR/EMR, master patient index, clinical automation systems, patientportals, personal health records, telemedicine, health information exchange (HIE),clinical applications (lab, pharmacy), etc.

The enterprise data warehouse (EDW) is a repository of high value data from differentinformation assets and corporate systems/applications. The data contained in an EDWcan be integrated for many strategic uses across the enterprise. Strategic objectivesmight include activities and initiatives designed to improve quality, safety, cost,productivity, etc.

To complete Part 4, conduct research into the topic of data warehousing in health careorganizations and then answer the following:

1. List the benefits of an EDW to a health care organization.

2. Prepare a strategic objective and explain how it could be facilitated through useof a data warehouse.

3. Select two (2) information assets from the list above. Through a data warehouse,analyze and demonstrate how data from those two assets could be used toaccomplish the identified strategic objective.

Assignment Requirements

• Please complete all parts in a Microsoft Word® document.

• The body of your document should be at least 1500 words in length. A title page anda reference page should also be included but do not apply to the length requirement.

• Quoting should be less than 10% of the entire paper. Paraphrasing is necessary.

• You must cite and reference at least four (4) credible sources.

• 1 of those sources must come from the book!!

Link from the Book: Essentials of Strategic Planning in Healthcare

Reference no: EM132329928

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