This week’s topics
Business Plan Evaluation and Strategic Recommendations
- Balanced Scorecard and healthcare KPI design
- Sensitivity analysis and contingency planning
- Continuous quality improvement frameworks
- Strategic recommendations for executive sign-off
- Lecture 46- Markov modelling and Sensitivity analysis in Healthcare
- Quality Improvement and Service Improvement Projects for Nurses
What you will be able to do
- 3.3 Evaluate the business plan, making recommendations for improvement.
Activity
Start with this week’s 2 videos, then: Seminar, guided reading and a short written task: evaluate the business plan, making recommendations for improvement.
Study materials
Videos
- Lecture 46- Markov modelling and Sensitivity analysis in Healthcare · YouTube · IIT Roorkee July 2018 · 22 min · for registered students
- Quality Improvement and Service Improvement Projects for Nurses · YouTube · Carol Forde-Johnston · 33 min · for registered students
- How to Build the Business Case for Quality Improvement · YouTube · Institute for Healthcare Improvement - IHI · 3 min · for registered students
- Quality improvement in practice: lessons from mental health · YouTube · The King's Fund · 6 min · for registered students
- The difference between research, quality improvement, service evaluation and audit in healthcare · YouTube · Carol Forde-Johnston · 12 min · for registered students
- Service Evaluation in healthcare explained using practice examples · YouTube · Carol Forde-Johnston · 17 min · for registered students
Further resources
- Principles of Accounting, Volume 2: Managerial Accounting, ch. 12: Balanced Scorecard and Other Performance Measures · PDF · OpenStax, textbook chapter; pp. 565–604 · for registered students
- CQC: Assessment framework (quality statements) · Reading · Other, guidance · for registered students
- Managerial Accounting, ch. 13: How Do Managers Use Financial and Nonfinancial Performance Measures? · PDF · Saylor Academy, textbook chapter; pp. 883–972 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.