Developing a Business Case

5 of 5 Criteria

3 of 3 Criteria

Capella University | COMPETENCY MAP

Elizabeth Foster

COURSE : NHS-FPX6008 ECON DECISION MAKING HLTH CARE Complied on July 26, 2021

Competency 1

Analyze the effects of financial and economic factors (such as cost-benefit, supply and demand, return on investment, and risks) in a health care system on patient care, services offered, and organizational structures and operation.

Basic Criterion - Complete Basic Create a budget for expected costs and earnings over the first five years of a proposed initiative. Assessment : u03a1: Developing an Implementation Plan

Criterion - Complete Proficient Analyze the economic factors of supply and demand associated with a proposed initiative, within a context relevant to a particular organization or care setting. Assessment : u01a1: Proposing a New Initiative

Criterion - Complete Basic Analyze the economic costs and benefits of a proposed initiative over a five-year period. Assessment : u02a1: Developing a Business Case

Criterion - Complete Proficient Analyze the impact of a proposed initiative, once implemented, on other aspects of an organization or care setting and ways in which negative impacts could be mitigated. Assessment : u03a1: Developing an Implementation Plan

Criterion - Complete Proficient Analyze the potential economic opportunities and risks associated with a proposed initiative. Assessment : u02a1: Developing a Business Case

Competency 2

Develop ethical and culturally equitable solutions to economic problems within a health care organization in an effort to improve the quality of care and services offered.

Distinguished Criterion - Complete Distinguished Create an implementation plan for a proposed initiative that enables achievement of quality or service improvements in an ethical and culturally equitable way. Assessment : u03a1: Developing an Implementation Plan

Criterion - Complete Distinguished Explain why a proposed initiative presents a viable and beneficial economic opportunity for an organization. Assessment : u01a1: Proposing a New Initiative

Criterion - Complete Basic Propose ethical and culturally equitable ways of keeping costs under control, while maximizing the benefits of an initiative. Assessment : u02a1: Developing a Business Case

3 of 3 Criteria

2 of 2 Criteria

6 of 6 Criteria

Competency 3

Justify the qualitative and quantitative information used to guide economic decision making to stakeholders and colleagues.

Proficient Criterion - Complete Proficient Justify the relevance and significance of quantitative and qualitative economic, financial, and scholarly evidence used throughout an implementation plan to support recommendations. Assessment : u03a1: Developing an Implementation Plan

Criterion - Complete Proficient Justify the relevance and significance of the quantitative and qualitative economic, financial, and scholarly evidence used to support a business case. Assessment : u02a1: Developing a Business Case

Criterion - Complete Proficient Explain how relevant economic and environmental data support a proposed initiative. Assessment : u01a1: Proposing a New Initiative

Competency 4

Develop ethical and culturally equitable economic strategies to address dynamic environmental forces and ensure the future security of an organization's resources and its ability to provide quality care.

Basic Criterion - Complete Basic Propose ethical and culturally sensitive solutions that address the risks associated with an initiative to the future economic security of the organization or care setting. Assessment : u02a1: Developing a Business Case

Criterion - Complete Basic Explain strategies for ensuring that a proposed initiative can remain a viable asset to an organization or care setting in the face of dynamic environmental forces. Assessment : u03a1: Developing an Implementation Plan

Competency 5

Produce clear, coherent, and professional written work, in accordance with Capella writing standards.

Distinguished Criterion - Complete Distinguished Write concisely and directly using active voice. Assessment : u01a1: Proposing a New Initiative

Criterion - Complete Proficient Write concisely and directly using active voice. Assessment : u02a1: Developing a Business Case

Criterion - Complete Proficient Apply APA formatting to in-text citations and references. Assessment : u02a1: Developing a Business Case

Criterion - Complete Distinguished Adhere to the rules of grammar, usage, and mechanics. Assessment : u03a1: Developing an Implementation Plan

Criterion - Complete Proficient Write concisely and directly using active voice. Assessment : u03a1: Developing an Implementation Plan

Criterion - Complete Distinguished Support main points, assertions, arguments, conclusions, or recommendations with relevant and credible evidence. Assessment : u01a1: Proposing a New Initiative