Explain the importance of each performance measurement

HSA 300 Assignment 2 Middleville Regional Healthcare Middleville Regional Health Care is one of three hospitals serving a community of 350000 people Explain the governing board role in these strategic initiatives HSA 300 Assignment 2 Middleville Regional Healthcare Middleville Regional Health Care is one of three hospitals serving a community of 350000 people. Summary statistics on Middleville and its competitors from the AHA Guide are shown below in Table 1. All three organizations are not-for-profit. Table 1: Middleville Brierfield and Greystone Health Care Systems Name Beds Admissions Census OP Visits Births Expenses (000) Personnel Middleville 575 13000 350 221000 2300 $125000 2000 Brierfield 380 17000 260 175000 1200 $130000 1875 Greystone 350 10000 180 40000 900 $80000 1200 The governing board of Middleville hired a consulting company to evaluate its strategic performance specifically in the areas of Human Resources Information Technology Financing and Marketing. As part of the consultants evaluation several leaders of Middlevilles units were asked their perspective of the organizations performance. You are working for the consultant. Your job is to identify the issues from the response that should be considered further by the consultant team and possibly discussed with the governing board and the CEO. The firm has a rule Never offer a criticism or negative finding without suggesting how the client organization can correct it so you must indicate what sort of correction you would recommend as part of your list. Because you know there were about two (2) dozen other interviews you decide you should rank your issues in importance to make sure the most critical are discussed. Write a six to eight (6-8) page paper in which you: Explain the governing board role in these strategic initiatives determining its responsibility and involvement. Evidence-based management means that operational and strategic decisions are made based upon the evidence that goals and objectives are actually being met. Quantitative measurements must be identified and measured. This data is then used to evaluate the HCOs performance. Name three (3) performances Middleville can use to measure its success in providing quality healthcare to the community and identify quantifiable measureable indicators that can be used to do so. Explain the importance of each performance measurement. Given the statistics of Middleville and its two (2) competitors provided in Table 1 recommend to the HCO what areas it should focus on to maintain its competitive market share as well as continue to provide healthcare to the community in the 21st century. Some of Middlevilles Board members are very interested in pursuing advanced technology systems over the next five (5) years while others are concerned about the enormous expense and need assurance that the investment in technology will be worthwhile. In both monetary and process terms describe the costs and benefits associated with implementing EMR and associated health data systems.