• support@academichomeworktutors.com
  • Call us 24/7: + 1 (564) 544-7639
Facebook Twitter Youtube
Order Paper
Order

Our Services

Get 15% Discount on your First Order

Order Now

week 6 HC 402-8: Organizational Development and Leadership in healthcare

Unit 6 Assignment – Case Study

  • Due
    Sunday by
    11:59pm
  • Points
    90
  • Submitting
    a text entry box or a file upload

Estimated time to complete: 90 minutes

Instructions

  • Watch the media presentation describing a Game Theory Scenario: the Prisoners’ Dilemma.
  • Read the Case Studies found under Assignment Files below.
  • Pick one of the case studies to analyze. Set-up the analysis by
    using a similar matrix to what has been shown in the presentation (and
    script).
  • Discuss the possible decisions that could be made and the outcomes that could occur with each decision.
  • This application assignment should be uploaded as a Word document of
    at least 350 words. Correct APA style should be used. At least one
    citation should be added.

Assignment Files

Unit 6 Game Theory Scenario Audio [MP4]

Unit 6 Game Theory Scenario Transcript [Word Document]

New Drug Therapies for Weight Loss Case Study [Printable PDF]

Nursing Home Bed Vacancies Case Study [Printable PDF]

The Cost of Nursing Home Beds Case Study [Printable PDF]

The Development of Competing MRI Services Case Study [Printable PDF]

Rubric

HC402 Unit 6 Assignment – Case Study

HC402 Unit 6 Assignment – Case Study

CriteriaRatings Pts

This criterion is linked to a Learning Outcome
Content

30.0
pts
Level 5

Demonstrates
the ability to construct a clear and insightful problem
statement/thesis statement/topic statement with evidence of all relevant
contextual factors.

27.0
pts
Level 4

Demonstrates
the ability to construct a problem statement, thesis statement/topic
statement with evidence of most relevant contextual factors, and problem
statement is adequately detailed.

24.0
pts
Level 3

Begins
to demonstrate the ability to construct a problem statement/thesis
statement/topic statement with evidence of most relevant contextual
factors, but problem statement is superficial.

21.0
pts
Level 2

Demonstrates
a limited ability in identifying a problem statement/thesis
statement/topic statement or related contextual factors.

18.0
pts
Level 1

Demonstrates the ability to explain contextual factors but does not provide a defined statement.

0.0
pts
Level 0

There is no evidence of a defined statement.

30.0 pts

This criterion is linked to a Learning Outcome
Analysis
PRICE-P

40.0
pts
Level 5

Organizes and compares evidence to reveal insightful patterns, differences, or similarities related to focus.

36.0
pts
Level 4

Organizes and interprets evidence to reveal patterns, differences, or similarities related to focus.

32.0
pts
Level 3

Organizes and describes evidence according to patterns, differences, or similarities related to focus.

28.0
pts
Level 2

Organizes evidence, but the organization is not effective in revealing patterns, differences, or similarities.

24.0
pts
Level 1

Describes evidence, but it is not organized and/or is unrelated to focus.

0.0
pts
Level 0

Lists evidence, but it is not organized and/or is unrelated to focus.

40.0 pts

This criterion is linked to a Learning Outcome
Writing

10.0
pts
Level 5

The
paper exhibits an excellent command of written English language
conventions. The paper has no errors in mechanics, grammar, or spelling.

9.0
pts
Level 4

The
paper exhibits a good command of written English language conventions.
The paper has no errors in mechanics or spelling with minor grammatical
errors that impair the flow of communication.

8.0
pts
Level 3

The
paper exhibits a basic command of written English language conventions.
The paper has minor errors in mechanics, grammar, or spelling that
impact the flow of communication.

7.0
pts

Level 2

The
paper exhibits a limited command of written English language
conventions. The paper has frequent errors in mechanics, grammar, or
spelling that impede the flow of communication.

6.0
pts
Level 1

The
paper exhibits little command of written English language conventions.
The paper has errors in mechanics, grammar, or spelling that cause the
reader to stop and reread parts of the writing to discern meaning.

0.0
pts
Level 0

The
paper does not demonstrate command of written English language
conventions. The paper has multiple errors in mechanics, grammar, or
spelling that cause the reader difficulty in discerning the meaning.

10.0 pts

This criterion is linked to a Learning Outcome
APA
PRICE-I

10.0
pts
Level 5

The required APA elements are all included with correct formatting, including in-text citations and references.

9.0
pts
Level 4

The required APA elements are all included with minor formatting errors, including in-text citations and references.

8.0
pts
Level 3

The required APA elements are all included with multiple formatting errors, including in-text citations and references.

7.0
pts
Level 2

The
required APA elements are not all included and/or there are major
formatting errors, including in-text citations and references.

6.0
pts
Level 1

Several
APA elements are missing. The errors in formatting demonstrate a
limited understanding of APA guidelines, in-text-citations, and
references.

0.0
pts
Level 0

There is little to no evidence of APA formatting and/or there are no in-text citations and/or references.

10.0 pts

Total Points:
90.0

Expert Solution Preview

Introduction:
Game theory is an important concept in the field of economics that helps individuals to understand strategic decision making and its consequences. In this assignment, we will be analyzing one of the case studies provided, using a similar matrix to what has been shown in the presentation of the Game Theory Scenario: the Prisoners’ Dilemma. We will be discussing the possible decisions that could be made and the outcomes that could occur with each decision.

Content:
The Nursing Home Bed Vacancies Case Study is one of the case studies that stand out for analysis. The scenario presented is that two nursing homes, A and B, have five vacancies each. The nursing homes are in competition with each other and must decide whether to lower their rates for long-term stays in order to attract new residents. However, if one nursing home lowers its rates and the other does not, the nursing home that did not lower the rate would still have all of its beds filled and the nursing home that lowered its rates would lose revenue.

Using an analysis similar to the matrix shown in the Game Theory Scenario presentation, we can identify the different outcomes that could occur. If both nursing homes do not lower their rates, they will end up with the same number of residents and the same revenue. However, if one nursing home decides to lower its rates and the other does not, the nursing home that lowered the rate will attract more residents and generate more revenue. On the other hand, the nursing home that decided not to lower its rates will see a decline in revenue due to vacant beds.

Therefore, if both nursing homes decide to lower their rates, they will end up losing revenue due to the lower rates. Hence, the best decision would be to not lower the rates and face the possibility of losing revenue due to vacant beds. The outcome of neither nursing home lowering the rates might be the best decision for both, but it requires a mutual agreement between the two nursing homes.

Conclusion:
In conclusion, game theory provides a helpful approach to decision making in situations that involve competition, between two or more parties. In analyzing the Nursing Home Bed Vacancies Case Study, it is evident that mutual agreement between the two nursing homes on setting a mutually acceptable price that ensures profitability and reduces the possibility of losing revenue due to vacant beds is the best option.

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Order Now
how-it-works.png

Related Questions

EHHA 501 Patient Journey Flow Chart

Develop an existing patient journey that crosses the three sectors of care in your organization (the organization is military hospital) Hwo could this be improved ? As a chart flow  You are a medical professor in charge of creating college assignments and answers for medical college students. You design and

MDC Gabapentin in the Context of Bipolar Disorder

A new patient presents to your office for treatment of bipolar disorder. In his medical history, he reports that he takes gabapentin prescribed by his primary care provider, but he is not sure what he takes it for. He states he is almost out of his gabapentin and is asking

KEMUL Health & Medical Using Technology to Prevent Patient

Using Technology To Prevent Patient Falls Review the concepts of technology application as presented in the Resources. Reflect on how emerging technologies such as artificial intelligence may help fortify nursing informatics as a specialty by leading to increased impact on patient outcomes or patient care efficiencies. In a project proposal

KEMUL Organizational Conflict and Effectiveness

1. Conflict  2.Relationship Between Organizational Conflict and Effectiveness  3.Common Sources of Organizational Conflict 4.Managerial Response to Conflict 5.Categories of Conflict 6.Stages of Conflict 7.Conflict Resolution Outcomes 8.Common Conflict Resolution Strategies. 9.Compromising 10.Competing 11.Cooperating/Accommodating 12.Common Causes of Organizational Conflict 13.Helpful Tips in Conflict Resolution. 14.Negotiation 15.Types of Alternative Dispute Resolution (ADR)

HSA 405 SU?Healthcare Quality Case Study

Overview In order to complete this case study, refer to this week’s readings for policy information required to analyze and make recommendations on this case. As a healthcare quality fraud analyst, you are responsible for identification of root causes and providing recommendations in an action plan to ensure compliance with

Needs to be 3 paragraphs You are the sole psychologist on

Needs to be 3 paragraphs  You are the sole psychologist on what is considered a small-sized base, with a population of approximately 6,000 people, including civilians, dependents, reservists, and active duty personnel. You have an appointment scheduled today with a patient whom you know works within the MTF (Military Treatment

Homework Content ScenarioThe administrator’s presentation,

Homework Content Scenario The administrator’s presentation, based on your briefing, was so well received by the board members that they asked to see a proposal for a hospital-based outpatient facility. In fact, the board suggested that the administrator ask you to take the lead in the project. Your administrator is

The CEO of a health care system has asked you, the system’s

The CEO of a health care system has asked you, the system’s strategic planner, to explain the factors they must consider when deciding the resources that should be devoted to a new facility project. List and describe the factors that determine the location, physical size, projected staffing, and effective décor

AMU HIMA 410 Hospital Data Modeling and Entity Relationship

A data model provides a view of how the data is structured throughout an organization. You’ve been provided with a set of data points from a local hospital. Instructions: Using the data points provided, create a model. Your data model should structure the data to support the business practices of

HIMA 360 AMU Encoder Selection for HIM Director Report

Case Scenario: Part 1: You are the HIM Director at Community General Hospital. As the director, you are in charge of purchasing an encoder for your 20 coders. You have identified the criteria that you will use to make the determination and put it in the grid below. Vendor 1

NUR 3846 BCC Deep Vein Thrombosis Questions

Using the video from Episode 2 on Samantha, answer the following prompts: Prompt 1: Explain in detail the pathogenesis of a DVT (Deep Vein Thrombosis) and how it can lead to a PE (Pulmonary Embolism). Prompt 2: Research and list all the possible treatment options for a DVT. Please correlate

MDC Key Elements of Psychiatric Assessment Discussion Reply

response to post: Discuss the Key elements of Psychiatric assessment and Interviewing of children. Assessing children and adolescents is challenging.  A psychiatric assessment can determine if a child is experiencing a disorder or if there are other factors that may be causing their difficulties. Establishing rapport is the first and

MDC Conducting Psychiatric Assessments Discussion Reply

Respond to Ste: Discuss the Key Elements of Psychiatric Assessment and Interviewing of Children When conducting psychiatric assessments and interviewing of children, there are several important elements to consider. According to Sharma et al. (2019), creating a rapport is crucial to building a relationship of trust with children while encouraging

MDC Assessing Childrens Mental Health Discussion Reply

post response Mari: Assessing children and adolescents is challenging. Generally, the child/adolescent in question would not have initiated the consultation or may not be in agreement with the need for a consultation. The consultation may or may not even be sought for the most impairing problem at hand. While children

MU African American Counselors in Training Project

Task summary: You are to do Exploring clinical supervision with African American counselors in Training editing Full description: please write Exploring clinical supervision with African American counselors in Training   You are a medical professor in charge of creating college assignments and answers for medical college students. You design and

Few people have not heard about the Food and Drug

Few people have not heard about the Food and Drug Administration (FDA). The COVID pandemic has placed a renewed focus on its role in assuring safety of drug approval. It is not nearly as well known that the FDA is tasked with regulating multiple categories of products. One cannot work in healthcare

MHA 543 UP Health & Medical Generational Work Trait

Work traits vary considerably between various generations. Each individual has a unique manner for interacting with others and solving problems or addressing issues that arise. In this assignment, you will address work trait differences and how these differences might impact the organizational culture and succession planning.  Part I: Individual Work

Health & Medical Health Screening Tests Issues and Concerns

Describe what you already know about the module’s topics (if anything) With your limited understanding, how you would answer the module’s guiding question: “Do you think most people undergoing a screening test understand how to assess the benefits and risks of the test?” What other questions does the guiding question

Thousands of students trust our team to handle their writing and editing projects time and again. Leave the unending headache of deadlines behind you with expert help, and watch your grades improve every day.

Sitemap

Use Our 6 Free Tools

  1. Thesis statement generator
  2. Words to pages converter
  3. Words to Minutes Converter for Speech
  4. Free college GPA calculator
  5. Bibliography Generator
  6. Free Plagiarism Checker
Browse Solutions

2023 Academic Homework Tutors. Online writing and editing services.