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Posted: April 30th, 2022
Week 5 Activity (Asssignment): Capstone Cost-benefit Analysis
Week 5 Activity (Asssignment): Capstone Cost-benefit Analysis
Based on your PICO question from NUR 515 analyze the costs for a potential change or increase in service in a healthcare setting – inpatient, outpatient, or home care (this will be your intervention). Financial data is most effectively presented in a spreadsheet or table. This will be a power point presentation with audio and video as if you were presenting to the board of directors. Based on your NUR 515 PICO question, figure out how much it would cost to change or add a service in an inpatient, outpatient, or home care setting (this will be your intervention). The best way to show financial information is in a spreadsheet or table. This will be a Power Point presentation with audio and video, as if you were talking to the board of directors.
Outcome:
• Evaluate outcome data using current communication technologies, information systems, and statistical principles to develop strategies to reduce risks and improve health outcomes
• Analyze current and emerging technologies to support safe practice environments, and to optimize patient safety, cost-effectiveness, and health outcomes
Cost-Benefit analysis paper: refer to the Moran, Connors, Chappidi et al article as well as the Kowalski, S. L., Burson, R., Webber, E., & Freundl, M article and refer to cost benefit analysis. Based on your PICOT question, develop a cost benefit analysis. Is it worth doing?
Create a PowerPoint presentation of your cost benefit analysis and upload here. In addition, post to the week 5 Discussion Board for peers to see and discuss.
Final Capstone Cost Analysis Rubric
Final Capstone Cost Analysis Rubric
Criteria Ratings Pts
This criterion is linked to a Learning OutcomeProblem, Service, or Intervention
Goal and Objective, problem, service or intervention. State PICOT question. 20 to >15.0 pts
Excellent
All components are included. 15 to >10.0 pts
Good
Missing one component. 10 to >5.0 pts
Satisfactory
Missing two components 5 to >0 pts
Need Improvement
Missing three or more components.
20 pts
This criterion is linked to a Learning OutcomeDescribe Intervention
Describe intervention or service in detail including supplies, equipment, staff. Present in a table or chart format 40 to >30.0 pts
Excellent
All components included 30 to >20.0 pts
Good
Missing one component 20 to >10.0 pts
Satisfactory
Missing two components. 10 to >0 pts
Needs Improvement
Missing three or more components.
40 pts
This criterion is linked to a Learning OutcomeCost of Service
Create a cost benefit analysis chart
Create in a table or chart format. 40 to >30.0 pts
Excellent
All components included 30 to >20.0 pts
Good
Missing one component. 20 to >10.0 pts
Missing two components. 10 to >0 pts
Needs Improvement
Missing Three or more components.
40 pts
This criterion is linked to a Learning OutcomeRevenue/Cost Avoidance
Revenue/Cost Avoidance. Create in a table or chart format. 40 to >30.0 pts
Excellent
All components included. 30 to >20.0 pts
Good
Missing one component. 20 to >10.0 pts
Satisfactory
Missing two components. 10 to >0 pts
Needs Improvement
Missing three or more components.
40 pts
This criterion is linked to a Learning OutcomeCompare Cost of Service vs Cost Avoidance/Revenue
Compare cost of service vs cost avoidance or revenue. Create a table or chart. 40 to >30.0 pts
Excellent
All components included 30 to >20.0 pts
Good
Missing one component. 20 to >10.0 pts
Satisfactory
Missing two components 10 to >0 pts
Needs Improvement
Missing three or more components.
40 pts
This criterion is linked to a Learning OutcomeOutcomes Measured
How will you know if you are successful? This should measure your intervention. 20 to >15.0 pts
Excellent
All components included 15 to >10.0 pts
Good
Missing one component. 10 to >5.0 pts
Satisfactory
Missing two components 5 to >0 pts
Needs Improvement
Missing three or more components.
20 pts
This criterion is linked to a Learning OutcomeSpelling & Grammar
Presentation free of spelling or grammatical errors. 10 pts
Excellent
No spelling or grammar errors. 5 pts
Good
1-2 spelling or grammar errors. 3 pts
Satisfactory
3-4 spelling or grammar errors. 0 pts
Needs Improvement
More than 4 spelling or grammar errors.
10 pts
Total Points: 210
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