Managers and Quality in Health Care
QUESTION
This week, you will write an essay about managers and quality in health care.
Explain in detail why financial managers should be concerned with quality initiatives.
Provide two specific examples of areas in a healthcare organization where quality plays a critical role and explain why.
Use information from at least one peer-reviewed journal articles to support your responses.
Your essay should be 1–2 pages in length and follow APA formatting and citation.
Your textbook may be used as a reference. The APA format for your text is as follows:
Nowicki, M. (2015). Introduction to the financial management of healthcare organizations (6th ed.). Chicago, IL: Health Administration Press.
Managers and Quality in Health Care
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Managers and Quality in Health Care
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The management team of a health organization is responsible for ensuring the internal processes run efficiently and translate to profitability (Hamdoun et al., 2018). Healthcare facilities must have a strong financial position for them to continue providing high-quality care to their patients. Good financial management through proper planning and an efficient system helps an organization meet its goals.
Why Financial Managers Should Be Concerned About Quality Initiatives
Finance in healthcare helps in analyzing information provided by the accounting department (Pambreni et al., 2019). The analysis aids in sound decision-making for current and future projects to be undertaken by the healthcare facility. Financial managers within the healthcare sector should be concerned with quality initiatives as they help improve the organization’s productivity and increase its profitability.
Quality initiatives undertaken through collaborative efforts help in propelling the facility forward. Quality systems improvements and engaged leadership are examples of quality initiatives that improve the outcome of patients’ health after the treatment or care processes. Improved patient outcomes enhance a health facility’s reputation, translating to an increased number of new, and return patients, thus, improving the financial position of the facility (Hamdoun et al., 2018).
Areas in A Healthcare Organization Where Quality Plays A Critical Role
Areas in healthcare where quality plays a critical role are the employment of expert nurses and physicians and improved organizational management systems that ease processes. Expert nurses and excellent physicians help in improving the quality of care due to their efficiency and effectiveness (Hamdoun et al., 2018).
The finance department is responsible for allowing increased staffing if the facility’s financial position allows it. Investing in good and efficient organizational management systems helps ease the amount of effort and time taken in handling vital activities, thereby achieving a higher quality of care. The finance manager in a healthcare organization plays a critical role in helping the facility attain a competitive advantage. Finance managers should always be involved in the decision-making process (Pambreni et al., 2019).
References
Hamdoun, M., Jabbour, C. J. C., & Othman, H. B. (2018). Knowledge transfer and organizational innovation: Impacts of quality and environmental management. Journal of cleaner production, 193, 759-770.
Pambreni, Y., Khatibi, A., Azam, S., & Tham, J. J. M. S. L. (2019). The influence of total quality management toward organization performance. Management Science Letters, 9(9), 1397-1406.