Question.1786 - Please provide references- nothing older than 5 years W5a: The healthcare facility (feel free to choose any healthcare facility) you lead is looking to increase its market share by providing free services to the local community. Select a specific service such as blood pressure screening or dietary counseling ( feel free to choose any service) and develop an estimate of the potential number of new admissions or outpatient services may evolve from this process. Be specific as to the estimated number of participants in the free service that it will take to generate an admission or outpatient service related to the screening.CHATGPT guidance to help you estimate the potential impact of offering a specific free service like blood pressure screening or dietary counseling. To estimate the potential number of new admissions or outpatient services resulting from the free service, you'll need to consider several factors: Target Population: Determine the size of the local community you want to reach with the free service. This could be based on catchment area or a specific target demographic. Participation Rate: Estimate the proportion of the target population that may choose to participate in the free service. This can vary depending on various factors like the perceived value of the service, awareness, accessibility, and health needs of the population. Conversion Rate: Determine the proportion of participants who, following the free service, may require additional medical attention or follow-up investigations, leading to admissions or outpatient services. This conversion rate will depend on the specific service offered and the population's health profile. Average Utilization: Consider the average frequency at which a participant may require further medical attention or services due to the results of the free service. For example, in the case of blood pressure screening, individuals with high blood pressure may need ongoing monitoring and treatment. By multiplying the target population by the participation rate, conversion rate, and average utilization, you can estimate the potential number of new admissions or outpatient services. W5c: Explain the difference between for-profit and not-for-profit organizations. Does the profit driver for for-profit corporations impact the delivery of quality services and patient experiences? In your opinion, is for-profit or not-for profit a better structure for continuous quality improvement? Support your response with scholarly research.
Answer Below:
IntroductionHealthcare xxxxxxxxxx are xxxxxx to xxxxxxxxx creative xxxxxxxxx engagement xxxxxxx in xxxxxxxx to xxx ever-changing xxxxxxxxxx industry xxx their xxxxxx to xxxxxxxx their xxxxxx share xxxxxxxx free xxxxxxxx designed xx meet xxx health xxxxxxxxxxxx of xxx community xx a xxxxxx strategy xx this xxxxxxxx This xxxxxxxxxx examines xxx this xxxxxxx is xxxxx run xxxxxxxxxxxxx to xxxxxxxxx how xxxx blood xxxxxxxx screening xxxxx affect xxx admissions xx outpatient xxxxxxxx Understanding xxx need xxx preventive xxxxxxxxx especially xxx illnesses xxxx hypertension xxxx project xx intended xx be xxxx a xxxxxxxxx service xxxxxxx and x means xx fostering xxxxxxxxxx contacts xx the xxxxxxxxxx setting xxxxxx Population xxxxxxxxxxx the xxxxxx population xx essential xxxxxx the xxxxxxxxxx process xxx begin xxxxxxx we xxxx people xxxxxx in x medium-sized xxxxx community xxx healthcare xxxxxxxx and xxx catchment xxxx will xx miles xxxxx Participation xxxx To xxxxxxxx the xxxxxxxxxxxxx rate xxxxxxx elements xxxx be xxxxxxxxxx including xxxxxxxxx value xxxxxxxxx accessibility xxx the xxxxxxxxxxxx health xxxxxxxxxxxx Studies xxxx that xxxxxxxxxxxxx rates xxx preventive xxxxxxxxxx such xx blood xxxxxxxx screening xxx differ x realistic xxxxxxxxxxxxx percentage xxxxx be xxxxx these xxxxxxxxxxxxxx Conversion xxxx The xxxxxxxxxx rate xx the xxxxxxxxxx of xxxxxxxxxxx needing xxxxxxxxx care xx medical xxxxxxxxx that xxxxxxx in xxxxxxxxxx or xxxxxxxxxx treatments xxxx may xxxx on xxx community's xxxxxxxxxx of xxxxxxxxxxxx when xx comes xx blood xxxxxxxx screening xxxxxxxx suggests x conversion xxxx of xxxxx means xxxx of xxxxxx would xxxxxxx additional xxxxxxx attention xxxxxxx Utilization xx is xxxxxxxx to xxxxxxxxxx the xxxxxxxxx with xxxxx individuals xxxxx need xxxxx medical xxxx Those xxxxx to xxxx excessive xxxxx pressure xxxxxx a xxxxx pressure xxxxxxxxx may xxxxxxx continuous xxxxxxxxxx This xxxxxx routine xxxxxxxxxxxx and xxxxxxxxx care xxxxxxxx that xxxx individual xxxx the xxxxxxxx twice x year xx average xxxxxxxxxxx Let's xxxxxxx the xxxxxxxx effect xx incoming xxxxxxxxxx or xxxxxxxxxx services xxxxxx Population xxxxxxxxxxxxx Rate xxxxxxxxxx Rate xxxxxxx Utilization xxxxxx per xxxx Estimated xxxxxx Target xxxxxxxxxx Participation xxxx Conversion xxxx Average xxxxxxxxxxx Estimated xxxxxx The xxxxxxx facility xxx create xxxxxxxxxx admissions xx outpatient xxxxxxxx by xxxxxxxx free xxxxx pressure xxxxxxxxxx to xxx local xxxxxxxxxx W xxxxxxxxxxx between xxxxxxxxxx and xxxxxxxxxxxxxx OrganizationsThe xxxx areas xx difference xxxxxxx for-profit xxx not-for-profit xxxxxxxxxxxxx are xxxxx goals xxx how xxxx divide xxxxx profits xxxxx not-for-profit xxxxxxxxxxxxx reinvest xxxxx earnings xxxx into xxx organization xx further xxxxx mission xxxxxxxxxx organizations xxxx to xxxxxxxx profits xxx their xxxxxx or xxxxxxxxxxxx Both xxxxx of xxxxxxxxxxxxx exist xx the xxxxxxxxxx industry xxx each xxxxxxx patient xxxxxxxxxxx and xxxxxxx delivery xxxxxxx et xx Impact xx Profit xxxxxx on xxxxxxx ServicesThe xxxxxxx of xxxxxx is xxx fundamental xxxxxxxxxx of xxxxxxxxxx businesses xxxxx can xxxxxx the xxxxxxxxx of xxxxxxxxxxxx services xxx patient xxxxxxxxxxx According xx research xx Cleverley xxxx et xx for-profit xxxxxxxxxx organizations xxx prioritize xxxxxxxxxxxxxxxxxx services xxxx preventive xx community-focused xxxxxxxxx due xx business xxxxxxxxxx This xxxxxxxxxxxxx may xxxxxxxxxx the xxxxxxxx on xxxxxxxxx patient xxxxxxxx and xxxxxxxxxxxx with xxxxxxx However xxxxxxx they xxx mission-driven xxxxxxxxxxxxxx organizations xxxxxxxxxx prioritize xxxxxxxxx health xxxxxxxxxx care xxx the xxxxxxx well-being xx their xxxxxxxx Research xx Finkler xxxx et xx suggests xxxx not-for-profit xxxxxxxxxx organizations xxxxx be xxxx dedicated xx funding xxxxxxxxx engagement xxxxxx efforts xxx high-quality xxxxxxx care xxxxxxxxxx Quality xxxxxxxxxxxxxx structure xx an xxxxxxxxxxxx can xxxx a xxxxxxxxxxx impact xx how xx approaches xxxxxxxxxx quality xxxxxxxxxxx Non-profit xxxxxxxxxxxxx would xx more xxxxxxxxxxx for xxx in xxx medical xxxxx According xx research xx Siraj xxxx et xx not-for-profit xxxxxxxxxx organizations xxxxxxxxx take x more xxxxxxxxxxxxxxx and xxxxxxxxxxxxx approach xxxxxxxxx in x culture xxxx places x high xxxxx on xxxxxxx improvement xxxxxxxxxx Because xxxx aim xx serve xxx community xxxxxxxxxxxxxx organizations xxx frequently xxxx open xx criticism xxxx staff xxxxxxxxxxx investments xxx use xxxxxxxxxxxxxx practices xxxx emphasis xx ongoing xxxxxxxxxxx aligns xxxx how xxx healthcare xxxxxx changes xxx how xxxxxxxxxxxxxxxx treatment xxx improved xxxxxx outcomes xxx becoming xxxxxxxxxxxx critical xxxxxxxxxxxx conclusion xxxx services xxxx blood xxxxxxxx screenings xxxxx be xxxx for xxxxxxx facilities xxxxxxx to xxxx their xxxxxx share xx is xxxxxxxx to xxxxxxx the xxxxxxxxx influence xx new xxxxxxxxxx or xxxxxxxxxx services xx considering xxx average xxxxxxxxxxx participation xxxx conversion xxxx and xxxxxx population xxx business xxxxxxxxxx in xxxxxxxxxx organizations xxx alter xxxxxxx goals xxxxxxxxxxx impacting xxxxxxx experience xxx quality xxxx comparing xxxxxxxxxx and xxxxxxxxxxxxxx organizations xxxxxxxxxxxxxx organizations xxx better xxxxxxxx for xxxxxxx quality xxxxxxxxxxx in xxx healthcare xxxxxxxx because xx their xxxxxxxxxxxxxx emphasis xx patient xxx community xxxxxxxxxx nbsp xxxx nbsp xxxxxxxxxxxxxxxxxxx W x Cleverley x O xxx Parks x V xxxxxxxxxx of xxxxxx care xxxxxxx Jones xxx Bartlett xxxxxxxx Essentials xx Health xxxx Finance x William x Cleverley xxxxx O xxxxxxxxx Ashley x Parks x Google xxxxxxxxxxxx S x Calabrese x D xxx Smith x L xxxxxxxxx management xxx public xxxxxx and xxxxxxxxxxxxxx organizations xx Press xxxxxxxxx Management xxx Public xxxxxx and xxxxxxxxxxxxxx Organizations x Steven x Finkler xxxx D xxxxxxxxx Daniel x Smith x Google xxxxxxxxxx S xxxxxx B xxxxxxx G xxx Dubrowski x Identification xx a xxxxxxxxxxx model xxxxxxx a xxxxxxxxxx for-profit xxx not-for-profit xxxxxxxxxxxx to xxxxxxx health xxxxxxxxxxx education xxx health xxxxxxxxxx gaps xxxxxxx simulation-based xxxxxxxxx A xxxxxxx review xxxxxxxx Plos xxx e xxxxx doi xxx journal xxxx Waymire x R xxx Mechanick x D xxxxxxxxxxxxxx financial xxxxxxxxxx data xxxxxxx by xxxxx Research xxxxxxxx on xxxxxxxxxx Accounting xxxxxxxx Handbook xx Non-profit xxxxxxxxxx - xxxxxx Books xxxxMore Articles From Finance