NHS 6008 Unit 6 Assignment Business Case for a New Economic Opportunity

NHS 6008 Unit 6 Assignment Business Case for a New Economic Opportunity

Professional Context

As a Master’s level health care practitioner you are
expected to consider a number of factors when analyzing the feasibility of a
new initiative. For example, you need to keep in mind the various types of risk
(such as patient safety, physical plant, financial, or reputation), as well as
the present and future value of the service line or economic opportunity into
which you are investing resources. You also must balance the competing
considerations of your ethical and moral responsibility to provide quality care
to patients and populations, while also protecting your care setting’s assets
and economic viability in the near and long terms.

Scenario

The administrative leadership of your care setting has
reviewed your Executive Brief: Proposal of a New Economic Opportunity and has
decided that it has merit. As a result, you have been asked to take a more detailed
look at the feasibility and cost-benefit considerations of implementing your
proposed economic initiative over the next five years. The administrative
leaders are looking for a 3–5 page report that builds a business case for your
economic initiative by analyzing ways to mitigate the risks associated with
your original proposal and a completed cost-benefit analysis using the included
Cost-Benefit Analysis Template, linked in the Resources.

Instructions

You have been asked to ensure that your report addresses the
following. Note: The bullet points below correspond to grading criteria in the
scoring guide. Be sure your work is, at minimum, addressing each of the bullets
below. You may also want to read the scoring guide and the Guiding Questions:
Business Case for a New Economic Opportunity document to better understand the
performance levels that relate to each grading criterion:

Part 1: Risk and Mitigation Analysis

Analyze the opportunities and risks relevant to your
proposed economic initiative.

Propose ethical and culturally sensitive solutions to
address the risks associated with your economic initiative to ensure the future
security of your care setting.

Part 2: Cost-Benefit Analysis

Analyze the costs and benefits of your proposed economic
initiative over a five-year strategic outlook.

Propose potential ways to keep costs under control while
maximizing the benefits of your economic initiative and ensuring that it
remains ethical and culturally equitable

Address Generally Throughout Business Case

Justify the relevance and value of the quantitative and
qualitative economic, financial, and scholarly evidence you used to support
your recommendations throughout your report.

Communicate your business case in a logically structured and
concise manner, writing content clearly with correct use of grammar,
punctuation, and spelling.

Effectively support your report with relevant economic data
and scholarly sources, correctly formatting citations and references using
current APA style.

Example assignment: You may use the assignment example,
linked in the Resources, to give you an idea of what a Proficient or higher
rating on the scoring guide would look like.

Submission Requirements

Length of paper: 3–5 double-spaced, typed pages (not
including title page and reference list). Your paper should be succinct yet
substantive.

Be sure to include a separate title page and reference list.

Your completed Cost-Benefit Analysis Template should be

included as an appendix within your final business case submission.

APA formatting: Resources and citations are formatted
according to current APA style.

Resources: Cite a minimum of 4–5 authoritative and scholarly
resources. Be sure to include specific economic data and support as part of
your cited resources.

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APA Writing Checklist

Use this document as a checklist for each paper you will write throughout your GCU graduate program. Follow specific instructions indicated in the assignment and use this checklist to help ensure correct grammar and APA formatting. Refer to the APA resources available in the GCU Library and Student Success Center.

☐ APA paper template (located in the Student Success Center/Writing Center) is utilized for the correct format of the paper. APA style is applied, and format is correct throughout.

☐  The title page is present. APA format is applied correctly. There are no errors.

☐ The introduction is present. APA format is applied correctly. There are no errors.

☐ Topic is well defined.

☐ Strong thesis statement is included in the introduction of the paper.

☐ The thesis statement is consistently threaded throughout the paper and included in the conclusion.

☐ Paragraph development: Each paragraph has an introductory statement, two or three sentences as the body of the paragraph, and a transition sentence to facilitate the flow of information. The sections of the main body are organized to reflect the main points of the author. APA format is applied correctly. There are no errors.

☐ All sources are cited. APA style and format are correctly applied and are free from error.

☐ Sources are completely and correctly documented on a References page, as appropriate to assignment and APA style, and format is free of error.

Scholarly Resources: Scholarly resources are written with a focus on a specific subject discipline and usually written by an expert in the same subject field. Scholarly resources are written for an academic audience.

Examples of Scholarly Resources include: Academic journals, books written by experts in a field, and formally published encyclopedias and dictionaries.

Peer-Reviewed Journals: Peer-reviewed journals are evaluated prior to publication by experts in the journal’s subject discipline. This process ensures that the articles published within the journal are academically rigorous and meet the required expectations of an article in that subject discipline.

Empirical Journal Article: This type of scholarly resource is a subset of scholarly articles that reports the original finding of an observational or experimental research study. Common aspects found within an empirical article include: literature review, methodology, results, and discussion.

Adapted from “Evaluating Resources: Defining Scholarly Resources,” located in Research Guides in the GCU Library.

☐ The writer is clearly in command of standard, written, academic English. Utilize writing resources such as Grammarly, LopesWrite report, and ThinkingStorm to check your writing.

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