Healthcare Forecasting and Management
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Questions and Answers

What is a characteristic of implied policies?

  • They are only verbal in communication.
  • They follow a precedent and develop over time. (correct)
  • They are established through formal documentation.
  • They are documented and easily accessible.
  • Which of the following best describes the purpose of nursing service policies?

  • To outline specific nursing tasks for personnel.
  • To provide rules for patient interactions only.
  • To serve as a tool for performance evaluation only.
  • To guide managerial decisions in planning and coordination. (correct)
  • Which area requires policy formulation in nursing to avoid neglect or malperformance?

  • Optional training for new employees.
  • Patient's financial management.
  • Clarification of responsibility among staff. (correct)
  • Legal representation for nurses.
  • What is a primary function of procedure manuals in nursing?

    <p>To offer a basis for orientation and reference for personnel.</p> Signup and view all the answers

    Which of the following characteristics is essential for good policies in nursing?

    <p>They need to be known and understandable to all affected.</p> Signup and view all the answers

    What is the primary purpose of healthcare forecasting?

    <p>To project various healthcare-related variables</p> Signup and view all the answers

    Which component of a SWOT analysis identifies factors that may harm a healthcare institution?

    <p>Threats</p> Signup and view all the answers

    Who developed the SWOT analysis framework in the 1960s and 1970s?

    <p>Albert Humphrey</p> Signup and view all the answers

    Which of the following is NOT considered an internal factor in a SWOT analysis?

    <p>Market competition</p> Signup and view all the answers

    What does the 'Weaknesses' component of SWOT analysis identify?

    <p>Obstacles in achieving optimum performance</p> Signup and view all the answers

    Study Notes

    Healthcare Management Challenges

    • Uninformed managers may lead to planning errors that jeopardize both professional development and organizational financial viability.

    Healthcare Forecasting

    • Utilized to project patient demand, disease trends, costs, and other key variables.
    • Financial professionals model various scenarios using multiple data sources to enhance budgeting and planning for patient volume and staffing.

    SWOT Analysis

    • Developed in the 1960s-70s by Albert Humphrey at Stanford University.
    • A strategic framework evaluating strengths, weaknesses, opportunities, and threats affecting a healthcare organization's competitive position.
    • Combines internal strengths/weaknesses and external opportunities/threats to inform decision-making.

    Components of SWOT Analysis

    • Strengths: Unique attributes that give the organization a competitive edge.
    • Weaknesses: Internal limitations that hinder optimal performance.
    • Opportunities: Favorable external factors to enhance competitiveness.
    • Threats: External challenges that may negatively impact the organization.

    Policies and Procedures in Healthcare

    • Expressed Policies: Clearly communicated guidelines available to all staff, promoting consistent actions.
    • Implied Policies: Unwritten norms developed over time, like encouragement for community involvement.
    • Procedures: Detailed plans outlining steps for specific tasks, crucial for orientation and staff development.

    Nursing Standards and Policies

    • Developed by committees like ANSAP and the Philippine Nurses Association.
    • General areas requiring policy include responsibility clarification, patient and family rights, and personnel management.
    • Good policies should be clear, comprehensive, stable, flexible, consistent, realistic, and allow for discretion.

    Nursing Service Policy Manual

    • Serves as a reference tool for new employees and when unforeseen issues arise.
    • Must reflect hospital policies and undergo periodic reviews for effectiveness and adherence.

    Interdepartmental Policies

    • Align with overall hospital policies to ensure cooperation and effective service delivery among departments.

    Nursing Procedures

    • Focused on job situations and patient care to ensure safety, comfort, and proper use of resources.
    • Manuals should be comprehensive and up-to-date for unit-specific procedures.

    Budget Preparation

    • Defined as a strategic financial plan for resource allocation within a healthcare organization.
    • The nursing budget reflects resource allocation for patient care programs over a fiscal year.

    Budgetary Process

    • Involves three phases: establishing budget preparation basis, drafting budget documents, and reviewing/re-budgeting.
    • Nursing service budget creation typically involves the chief nurse and unit supervisors.

    Budget Components

    • Cash Budget: Forecasts expected cash flow, including receipts and disbursements.
    • Operating Budget: Focuses on daily service delivery, inclusive of expenses for personnel, non-personnel costs, and revenue.
    • Capital Expenditure Budget: Includes plans for acquiring fixed assets, with detailed justifications for equipment purchases.

    Planned Change in Healthcare

    • Planned change refers to deliberate efforts by leaders to implement systematic changes within an organization.
    • Change Theory (Kurt Lewin, 1951): Involves three phases: Unfreezing, Change, and Refreezing—where the change agent destabilizes the status quo to facilitate transformation.

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    Description

    This quiz examines the critical role of healthcare forecasting in understanding the legal, political, economic, and social influences on health care management. Participants will explore how informed decision-making impacts patient demand, disease trends, and organizational financial viability.

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