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Evaluating The Quality Improvement Initiative And Financial Implications

Decent Essays

The Evaluation Plan Many different conceptual models exist for evaluating a process. An evaluation is a necessary step to determine how well a process is working and if the targets are being met. The measurements in a quality improvement project are important to assess where the organization stands with the project, and to determine success of the project (Sadeghi, Barzi, Mikhail, & Shabot, 2013). There are both financial performance metrics and quality performance metrics that are used in healthcare to determine success. The purpose of this paper is to propose on outline for evaluating the quality improvement initiative and financial implications, along with giving a description of specific metrics. A recommendation will be discussed as to how the organization can represent the data related to the quality improvement issue for ongoing monitoring. Also, there will be an explanation of how the organization can create an integrated view of performance that links finance and quality.
Methods for Evaluating
To improve the quality, safety, efficiency, and effectiveness of patient care, applying research and evidence-based practice is necessary. In the Institute of Medicine’s report, Keeping Patient Safe: Transforming the Work Environment of Nurses, there is an emphasis on adequate nurse staffing (Hickey & Brosnan, 2012). Therefore, the quality improvement initiative is to focus on closing the gap between the core staffing and actual staffing in a six-week schedule.

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