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# Mathematics 543 Quantitative Methods for Health Services: “Strategic Planning”

Subject: Mathematics / General Mathematics
Question

Week 11 Discussion MAT 543: Quantitative Methods for Health Services: “Course Wrap-up” Please respond to the following:

Choose one (1) concept learned in this course that you feel is most beneficial to health services administration. Explain your reasoning.

Predict how you expect to employ the knowledge gained in this course to your current or future job.

Week 10 Discussion MAT 543: Quantitative Methods for Health Services: “Strategic Planning” Please respond to the following:

Assess the main steps involved in developing an effective strategic plan. Discuss how the steps may differ for a health care organization compared to another industry.

2.Evaluate the key factors involved in SHEEPED (socioeconomic factors, health care resources and utilization, epidemiological factors, economic factors, political factors, environmental factors, and demographic factors) and their important role in strategic planning. Discuss why it is important for one to consider and include each factor (i.e. SHEEPED).

Week 9 Discussion MAT 543: Quantitative Methods for Health Services: “Quality Analysis” Please respond to the following:

Assess the value of total quality management (TQM) to health care systems. Include two (2) ways in which implementing TQM would be beneficial to a health care organization.

Compare and contrast run and control charts. Include their uses in health care systems.

Week 8 Discussion MAT 543: Quantitative Methods for Health Services: “Project Management” Please respond to the following:

Compare the main strengths and weaknesses of the Gantt chart and PERT for project management, and give your opinion on which you believe is the most effective for project management.

Diagnose the key factors which can influence the riskiness of projects (investments) in health care organizations. Justify your response.

Week 7 Discussion MAT 543: Quantitative Methods for Health Services: “Decision Analysis” Please respond to the following:

Compare the primary strengths and weaknesses of cost-benefit analysis (CBA), cost-effectiveness analysis (CEA), and cost-utility analysis (CUA). Give your opinion on which method you believe to be the most effective in economic evaluation.

2. Using the umbrella decision-making example on page 198 of the textbook, suppose the probability of rain is 0.6, the ruined clothes cost is \$30, and the lost umbrella costs are \$2. Come to a decision based upon these assumptions, and determine the break-even probability of rain.

Expected payoff [carry]=

Expected payoff [not carry]

Week 6 Discussion MAT 543: Quantitative Methods for Health Services: “Capacity Analysis and Queing Theory” Please respond to the following:

Argue why capacity analysis is important in a health services environment. Provide one (1) example of this importance in a health services environment to support your argument.

Evaluate the importance of applications of queuing theory in a health services environment. Provide one (1) example of this importance to support your evaluation.

Week 5 Discussion MAT 543: Quantitative Methods for Health Services: “Sensitivity Analysis and Regression” Please respond to the following:

Compare the major strengths and weaknesses of the forecasting models presented in Chapter 6

2. Outline the primary conditions in which regression is a useful and applicable forecasting tool. Provide one example of such a condition to support your answer.

Week 4 Discussion MAT 543: Quantitative Methods for Health Services: “Forecasting” Please respond to the following:

Compare and contrast the major strengths and weaknesses of analytic and nonanalytic forecasting. Provide one example of each method being used in a real-world scenario to support the answer.

Discuss the importance of the four (4) guiding principles of forecasting. Next, select one (1) principle and discuss how to apply it in a real-world scenario.

Week 3 Discussion MAT 543: Quantitative Methods for Health Services: “Planning Tools”

Suggest the major benefits of utilizing a flow chart to define and improve a work process. Outline the key steps required to construct and develop an effective flow chart.

Determine why one should include time value of money in any financial decision. Elaborate on how this will facilitate better financial decision making.

Week 3 Homework

Chapter 3: Exercise 3-3 (page 61 of the text)

Chapter 4: Exercise 4-1 through 4-4 (page 72 of the text)

Week 2 Discussion MAT 543: Quantitative Methods for Health Services: “Statistical Inferences”

Choose one (1) of the statistical tests, (T-Tests) and provide a real-world example of T-Tests in which it is applicable. Explain why the test is appropriate for the example.

2.Conclude why reporting results with a margin of error is more informational than just the point estimate, such as the sample mean. Provide support for your rationale.

Due Week 2 and worth 30 points

Homework

Week 1 Discussion MAT 543: Quantitative Methods for Health Services:” Quantitative Methods in Health Services Management” Please respond to the following:

Discuss the importance of efficiency and effectiveness as key managerial interests, and analyze the primary conditions for each.

2. Assess whether or not the general systems model is a good approach for health services administration. Explain your rationale.

3. Discuss the importance of efficiency and effectiveness as key managerial interests, and analyze the primary conditions for each.

4. Assess whether or not the general systems model is a good approach for health services administration. Explain your rationale.