Deliverable 5 – Write a Paper on Business Ethics, Business Intelligence, Operational Performance, and Market Trends
Competency
Analyze operational decisions of healthcare organizations and the impact on business performance outcomes.
Instructions
New changes in healthcare are causing rising concerns with how healthcare organizations may be performing. With that being stated, you will focus on the following areas as to explain and evaluate operational performance and market trends in this 21st-century healthcare dynamics.
Create a 2-4 page detailed research paper that provides at least 1-3 or more examples or explanations that will address the following healthcare issues:
- Examine the importance of business ethics vs. social responsibility.Ex
- . Developing codes of conduct that is adverse to corporate social responsibility.
- Compare and Contrast the use of data analytics in a data-driven society without the use of a proper IT software program to collect business intelligence.Ex
- . Some providers are not using current and more applicable software programs to analyze their data; instead, they are relying on memory and checking hard copies folders to analyze patient outcomes.
- Explain the gap in making decisions and the validity of healthcare trends on performance without the correct data.Ex
- . Lack of using EMR or EHR may cause gaps in decision-making and accuracy of collecting appropriate data, which may subsequently impact performances and trends.
NOTE – APA formatting and proper grammar, punctuation, and form are required. APA help is available from this link – APA.
Grading Rubric
| F | F | C | B | A |
| 0 | 1 | 2 | 3 | 4 |
| Not Submitted | No Pass | Competence | Proficiency | Mastery |
| Not Submitted | Did NOT explain importance of business ethics vs. social responsibility. Did not provide any examples of business ethics vs social responsibility in a healthcare organization. | Explained 1 importance business ethics vs. social responsibility occurrence. Provided 1 example of business ethics vs social responsibility in a healthcare organization. | Explained 2 importance business ethics vs. social responsibility occurrences. Provided 2 examples of business ethics vs social responsibility in a healthcare organization. | Explained at least 3 importance business ethics vs. social responsibility occurrences. Provided at least 3 examples of business ethics vs social responsibility in a healthcare organization. |
| Not Submitted | Did not compare and contrast the use of data analytics, without a proper IT program to collect business intelligence. Did not provide an example of data analytics use or business intelligence in a healthcare organization. | Compared and contrasted 1 use of data analytics, without a proper IT program to collect business intelligence. Provided 1 example of data analytics use or business intelligence in a healthcare organization. | Compared and contrasted 2 uses of data analytics, without a proper IT program to collect business intelligence. Provided 2 examples of data analytics use or business intelligence in a healthcare organization. | Compared and contrasted at least 3 uses of data analytics, without a proper IT program to collect business intelligence. Provided at least 3 examples of data analytics use or business intelligence in a healthcare organization. |
| Not Submitted | Did not explain gap in making healthcare decision and its impact on performance. | Explained at least 1 gap in making healthcare decisions and its impact on performance. List at least 1 example of how a healthcare organization performance is impacted. | Explained 2 gaps in making healthcare decision and its impact on performance. List 2 example of how a healthcare organization performance is impacted. | Explain at least 3 gaps in making healthcare decision and its impact on performance. List at least 3 example of how a healthcare organization performance is impacted. |
| Not Submitted | The Reference list is not set up per APA rules, using correct formatting for margins, font, spacing and is not in alphabetical order as required. | The Reference list set up demonstrates some of the APA rules of formatting, but omits margins, font, and indentation formatting, along with omitting alphabetical listing of entries. | The Reference List set up demonstrates majority APA rules of formatting correctly, follows margin and fonts rule, and most correctly alphabetical entries, but omits double spacing and hanging indent for second lines as required. | The Reference list set up exhibits excellent attention to formatting with fonts, margins, spacing, and alphabetical entry correctly applied per APA formatting standards. |
| Not Submitted | Grammar detracts from the organization and focus. Errors in punctuation and form are present. | Grammar is mostly solid in the main post and this largely complements the organization and focus. Very basic mastery of punctuation and form. | Grammar is solid in the main post and this complements the organization and focus. Proper use of punctuation and form with minimal errors. | Grammar is strong in the main post and this complements the organization and focus. Proper use of punctuation and form. Evidence of good writing. |
Expert Solution Preview
Introduction:
As a medical professor, it is important to assess the operational decisions of healthcare organizations and their impact on business performance outcomes. In this assignment, we will focus on the importance of business ethics vs. social responsibility, the use of data analytics in a data-driven society without the use of a proper IT software program to collect business intelligence, and the impact of the gap in making decisions and the validity of healthcare trends on performance without the correct data.
Answer to the content:
For the first question, it is important to examine how business ethics and social responsibility impact healthcare organizations. Business ethics are the principles and values that govern the behavior of a business, while social responsibility refers to the obligation of a business to take actions that benefit society. In healthcare, business ethics may conflict with social responsibility when decisions are made based on profit rather than the wellbeing of patients. For example, developing codes of conduct that are adverse to corporate social responsibility may undermine the trust and credibility of a healthcare organization.
In the second question, we need to compare and contrast the use of data analytics in a data-driven society without the use of a proper IT software program to collect business intelligence. Data analytics is the process of examining large and varied data sets to uncover hidden patterns, correlations, and other insights. In a healthcare organization, the use of data analytics can help to improve patient outcomes and reduce costs. However, without a proper IT software program to collect business intelligence, healthcare providers may be relying on memory and checking hard copies folders to analyze patient outcomes. This can lead to the inefficient use of resources and an inadequate understanding of patient needs.
Finally, we must explain the gap in making decisions and the validity of healthcare trends on performance without the correct data. The lack of using EMR or EHR may cause gaps in decision-making and accuracy of collecting appropriate data, which may subsequently impact performances and trends. EMR (electronic medical record) and EHR (electronic health record) systems are software that provide a digital version of the patient’s medical record. These systems can help healthcare organizations to improve the accuracy and completeness of patient data, which can lead to better decision-making and improved patient outcomes.
Conclusion:
In conclusion, healthcare organizations need to uphold business ethics while also fulfilling their social responsibility to benefit society. The use of data analytics is important in healthcare to make informed decisions and understand patient needs. Finally, utilizing EMR or EHR systems can help to collect accurate patient data, ultimately leading to better healthcare performance outcomes.
