Reference no: EM132350490
Several qualitative methods are utilized to make decisions and recommendations in health care.
Quantitative methods are used to analyze and predict the demand for patient services, to determine capital expenditures for facility and technology enhancements, and to guide the manager in implementing quality control. Whether or not you are familiar with quantitative methodologies, as a manger, you are responsible for the outcome of implementing the decision based on the method used.
ASSIGNMENT
Your agency or institution has noted a negative trend in profitability for a diagnostic cost center over the past 4 quarters.
As a manager, you need to make some recommendations to take to your board of directors to reverse the negative trend. Your priority is to find a quantitative method to help you in making decisions.
Complete the following
Choose a quantitative method( e.g. decision tree model)
Describe the model that you are using
Outline at least 4 proposed solutions to your board of directors, and analyze the strengths and weaknesses of each with regard to return on investment, break-even analysis, improvement in patient demand, improved patient safety and quality, and so forth.
Summarize how the decision-making method helped you make objective recommendations to your board of directors.
Using proper references where needed.
3-5 page in lengths excluding the cover a page &reference page Using APA Format.