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Financial Management of Health Care Organizations
Financial Management of Health Care Organizations
System Implementation
You are the CFO of a large academic medical center and your organization is in the process of implementing a new electronic health record (EHR) and practice management (PM) system. Several of your providers are complaining about conversion to the new EHR and PM system and are resisting change.
Review “Perspective 13.5: Financial Benefits From IT,” on page 616 of your Financial Management of Health Care Organizations text by Zelman, McCue, Glick, and Thomas (linked in Resources).
This section discusses the benefits realized by Banner Health System when they invested in IT.
Conduct additional research on the benefits of IT and develop a presentation that you will give to all internal stakeholders to convince them to embrace the conversion. Complete the following:
• Utilize professional research to analyze opportunities for your organization based on potential profits and risks. Include a brief discussion on improved quality of care that may be realized.
• Devise a brief strategy to influence multiple levels of your organization, especially providers. Describe at least two steps you would take to influence others and enlist endorsements for the conversion.
• Identify the key stakeholders to gain support for this initiative and briefly explain how you will gain their support.
• Evaluate two state-of-the-art systems currently being used in other organizations that your organization may consider for this conversion.
• Evaluate the strategic position of your organization after this IT implementation in relation to the use of technology such as hand-held devices, patient portals, et cetera.
• Evaluate the probable expectations of your providers and patients surrounding this conversion.
• Develop a strategic plan for this implementation based on the expectations of providers and patients
M2 Practitioner Application A+ Essay Writers
M2 Practitioner Application A+ Essay Writers
Make sure you read: Elrod JK, Fortenberry JL Jr. Peering Beyond the Walls of Healthcare Institutions: A Catalyst for Innovation. BMC Health Services Research. 2017;17(Suppl 1):402. Elrod JK, Fortenberry JL Jr. Target Marketing in the Health Services Industry: The Value of Journeying off the Beaten Path. BMC Health Services Research. 2018;18 (Suppl 3):923. Kim WC, Mauborgne R. Blue Ocean Strategy. Harvard Business Review. 2004;82(10):76-84.Kim WC, Mauborgne R. Red Ocean Traps. Harvard Business Review. 2015;93(3):68-73. Mintzberg H. Crafting Strategy. Harvard Business Review. 1987;65(4):66-75. The paper consists of: Identifying Red and Blue Oceans
Your M2 Practitioner Application will require devoted inquiry, assimilation, reflection, and refinement in order to achieve the highest possible score. Specifically, you are to take the scenario listed below, address it in full, and submit your work in accordance with the instructions contained herein. Importantly, this is an independent assignment to be completed by you and you alone. Sharing work with fellow students, supplying advice to your student peers, gaining assistance from outside parties, and similar actions will constitute violations of the academic code of conduct and will carry significant penalties in accordance with University policy.
The Challenge
M2 focuses significant attention on blue ocean strategy, defining both blue and red oceans and explaining the properties associated with each. Specifically, I’d like for you to examine healthcare offerings in the city of your choice and work to identify red oceans and blue oceans. (Note that you must select an actual city as this assignment requires an actual market investigation. Further, the city you select must be of sufficient size to have an active, thriving healthcare marketplace.) This will require achieving a deep understanding of red and blue oceans, coupled with an intensive understanding of the selected city, its healthcare providers, and their associated services. Research beyond that supplied by your readings, notably including field research, will be most helpful in this endeavor. Make sure you follow the format in the materials section named follow this docx in the materials section. Make sure you used M1 Practioner Application Strategic as an example paper. The paper must incorporate a minimum of ten (10) references, with at least three (3) being from scholarly academic journals. The paper will be assessed on: Compliance quality: The degree to which your submission complies with noted guidelines, including word count and reference specifications,
Communication quality: The degree to which your work meets standards expected in business communications, including matters concerning the use of proper grammar and punctuation, and
Content quality: The quality of the content presented in your work.
Five Minds Reflection A+ Essay Writers
Five Minds Reflection A+ Essay Writers
Refer to the following text to complete the reflection:
Gardner, H. (2008). 5 minds for the future. Boston: Harvard Business Press.
The 5 minds for the future as identified by Gardner are:
The Disciplined Mind
The Synthesizing Mind
The Creating Mind
The Respectful Mind
The Ethical Mind
For this assignment, write a 1–2-page reflection ranking the five minds for yourself ranging from your strongest to your weakest (from an educator perspective). Which is your strongest, and which is your weakest? Provide an explanation for each one. Additionally, write a personal action plan to strengthen the 2 “minds” which are your weakest.