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Explain why your proposed initiative presents a viable and beneficial economic opportunity for your organization.Describe your proposed service line or economic initiative.

ECON DECISION MAKING HLTH CARE

Research an economic opportunity that might be available within your health care setting that will provide ethical and culturally equitable improvements to the quality of care. Then, write a 2-4 page proposal for an initiative to take advantage of that opportunity, supported with economic data and an analysis of the prospective benefits.

Introduction

Note: Each assessment in this course builds upon the work you have completed in previous assessments. Therefore, you must complete the assessments in the order in which they are presented.
Preparation
Note: Your proposal will serve as the basis for subsequent assessments in this course.

Instructions

The requirements for your proposal, outlined below, correspond to the scoring guide criteria, so be sure to address each main point. Read the performance-level descriptions for each criterion to see how your work will be assessed. In addition, be sure to note the requirements for document forma, length, and supporting evidence.

• Explain why your proposed initiative presents a viable and beneficial economic opportunity for your organization.

o Describe your proposed service line or economic initiative.
o Explain why your proposal presents an economic opportunity at the micro level and macro level.
o Explain how your proposed initiative will provide ethical and culturally equitable improvements to the quality of care.

• Analyze the economic factors of supply and demand associated with your proposed initiative, within a context relevant to your organization or care setting.

o What do economic and demographic data suggest is the supply and demand?
o What additional information would improve your analysis?

• Explain how relevant economic and environmental data support your proposed initiative.
o How does the data illustrate a potential opportunity and the economic viability of your proposal?

• Write concisely and directly, using active voice.
o Proofread your proposal before you submit it to minimize errors that could distract readers and make it more difficult for them to focus on the substance of your proposal.

• Support main points, assertions, arguments, conclusions, or recommendations with relevant and credible evidence.
Example Assessment: You may use the following to give you an idea of what a Proficient or higher rating on the scoring guide would look like (Attached as a separate document).
• Assessment 1 Example [PDF].

ADDITIONAL REQUIREMENTS

Your assessment should also meet the following requirements:

• Format: Format your proposal using current APA style 7th Edition. Be sure to include:

o A title page and references page. An abstract is not required.
o Appropriate section headings.

• Length: Your proposal should be 2–4 pages in length, not including the title page and references page.
• Supporting evidence: Cite 3–5 authoritative and scholarly resources to support your proposal. Be sure that your sources include specific economic data.