HCMG101 Health Care Systems

Question: Analyzing Health Care Decision Making. Answer: Decision Tree Analysis Decision tree analysis outlines a clear expression of the gathered info, and it allows one to come up with appropriate decisions. The tree analysis describes the chances of failure and success in business assessments which are different. Subsiding tendency in the importance of the center can be solved by developing an appropriate planned decision where the appropriate approach is decision tree (Fleisher and bensoussan, 2015). The evaluation gives the analysis that is very crucial to information that helps in decision making in healthcare. Advance In Branding And Marketing Strategic selling plan should be enriched by indicating the clear picture so as to improve the brand. Advancements the company needs ought to produce income for the corporation and to be logical (Kavaratzis& Hatch, 2013). Strengths It will make a responsible alertness involving the place between patients and medical specialists. If the specialist are familiar and confident about the place, then revenue will be increased because of raised recommendation (Fleisher and bensoussan, 2015). Weakness: If the opinion is not made in an appropriate way, there are chances to create a thought regarding the business that includes shocking impacts on the patients visiting the place and entire earnings. Advance In The Technology The main reason for decrease in profit is lack of technology (menachemi, and collum, 2011).With a developed technology; the analytic progressing should improve so as to remain cheap in the fair. Strength; Technology improvements increases the patient’s number paying visit the healthcare and makes patients with prolonged sickness desire the healthcare thus increasing the overall worth of profit and center (menachemi andcollum, 2011). Electronic medical record and payment system More running cost lessens importance for the healthcare. Strengths: According to Maet al, (2013) said that advances the dispensation speed and reduce the overall scam, paperwork. This will reduce administrative cost, maintenance cost and overall work which is significant in increasing the importance of the healthcare. Weakness: It delays in collection and creates extra monetary matter hence increasing the overall cost. Charges of maintenance and implementations of the firm are so high. PACS (PICTURE ARCHIVING AND COMMUNICATION SYSTEM) It’s anticipated and inexpensive to increase the Medicare profit Strength: It’s more affordable and reduces cost. It improves the centers infrastructure and the general environment thus increasing the facility given and this increases the value of the firm (menachemi and collum, 2011). Weakness: The major challenge is application as varied centers will eradicate the importance of individuality and might decrease patients visit. Break Even Analysis It is a financial analysis tool used for making right decisions in the firm’s ideas when there are available alternatives. Advantages It acts as a tool for control and planning and explains relationship among costs, prices and volume hence important for cost control and pricing. Limitations It ignores the technology changes, efficiency and price and difficult to group cost of all variables. Conclusion In conclusion health decision making helps communicate to workers the results and needs of the firm. This ensures effective running of the healthcare and assist the workers in knowing their responsibilities and roles in the healthcare. Hence decision tree analysis will help determine the failure of the firm and thus finding the solutions to them. References Fleisher, C. S., & Bensoussan, B. E. (2015). Business and competitive analysis: effective application of new and classic methods. FT Press. Kavaratzis, M., & Hatch, M. J. (2013). The dynamics of place brands: An identity-based approach to place branding theory. Marketing theory, 13(1), 69-86. Ma, R., Chen, H. H., Huang, Y. R., & Meng, W. (2013). Smart grid communication: Its challenges and opportunities. IEEE transactions on Smart Grid, 4(1), 36-46. Menachemi, N., & Collum, T. H. (2011). Benefits and drawbacks of electronic health record systems. Risk management and healthcare policy, 4, 47.

HCMG101 Health Care Systems

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