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.
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 education for patient safety and care 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.
Follow the attached guide for paper instruction
Identify each section of the paper with a title head 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.
SPA formatting: Resources and citations are formatted according to current SPA 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.