Health Care Competition

A number of quantitative 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 controls. Whether or not you are familiar with quantitative methodologies, as a manager, you are responsible for the outcomes of implementing the decision based on the method used.

Your agency or institution has noted a negative trend in profitability for a diagnostic imaging 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 first priority is to find a quantitative method to help you in making decisions. Complete the following:

Choose a quantitative method (e.g., the 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.

Sample Solution

When considering the history of Nola, Jackson Square plays an essential role. French colonials originally named the park Place d’Armes, translated as “weapons square”. This park served as the spot for public executions of criminals and rebellious slaves, and the heads of the hanged criminals were often placed on the city’s gates. In 1803, this park saw Louisiana made United States territory in accordance with the Louisiana Purchase. 12 years later, Place d’Armes was renamed Jackson Square, following the vital victory under Brevet Major General Andrew Jackson, in which American forces held off the city from a British attack and only suffered 70 casualties, compared to the British forces’ 2,000. Today, street artists, palm readers, and voodoo witches surround the square’s fence line, creating a lively atmosphere and unique entertainment.

30 miles southeast of the Big Easy sits Hopedale, built in between the winding channels of brackish water that serves as transportation systems for the guides and crabbers that inhabit this small town. I remember travelling to Hopedale for the first time in 6th grade and seeing the eye-opening conditions these blue-collar Louisiana natives live under. Hundreds of people lined the roads, fishing for redfish and speckled trout in the runoff trenches, not knowing that saltwater fish had no way of getting into these drainage systems, nonetheless living in them. Our group packed 12 people into two doublewide trailers, which proved to be a pain at 4:45 in the morning, with people scrambling around to find P

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