Description
There are 3 parts of this assignment
Part 1
An effective policy is one that achieves a specific outcome in terms of the impact that it has on an organization. Healthcare organizations need to understanding the importance of a policy with regard to setting the internal and external direction of the organization. This can only be done by measuring its effectiveness toward achieving a set standard. Select a healthcare policy and describe its expected outcomes.
Based on what you learned this week, address the following requirements:
- Q1) Demonstrate the impact of the policy by discussing changes in short-term, intermediate, and long-term outcomes.
- Q2) Identify the relative cost-benefit or cost-effectiveness of the policy.
Part 2
Assume that you are a Healthcare Quality Specialist at a healthcare facility/organization preparing for an initial Joint Commission International accreditation visit in one year.
Q1) Discuss the value that accreditation brings to an organization.
Q2) Describe the steps and processes you will initiate and implement over a one-year period in preparation.
Part 3
Debt Financing
All healthcare organizations need capital to acquire the facilities, equipment, and other assets needed to run the business. They can finance their ongoing activities and future operations in a variety of ways, including equity or debt financing, or even a combination of both. Each approach has merits and shortfalls.
Address the following requirements:
Q1) Describe different types of debt financing.
Q2) Describe how credit rating can influence debt financing.
Embed course material concepts, principles, and theories (which require supporting citations) in your initial response along with at least one scholarly, peer-reviewed journal article per a question. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references. Use Saudi Electronic University academic writing standards and APA style guidelines.
