We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Use of quantative methods for a healthcare organization when launching a first of its kind medical device - Essay Example

Comments (0) Cite this document
Summary
Proper innovation and implementation of disruptive technology based on accurate statistical data may improve the business scenarios in various fields including healthcare. The drawbacks of present care system can be addressed in a focused way…
Download full paperFile format: .doc, available for editing
Polish This Essay92.1% of users find it useful
Use of quantative methods for a healthcare organization when launching a first of its kind medical device
Read TextPreview

Extract of sample
"Use of quantative methods for a healthcare organization when launching a first of its kind medical device"

Download file to see previous pages These technologies use molecular diagnostics, diagnostic imaging technologies and revolutionary telecommunication to serve their clients and have a wider reach. Similarly a disruptive innovation is one which brings to market the products and services that are much more affordable, and also keeping the quality levels intact and may be higher. It exceeds the expectation of the market in terms of cost effectiveness or being designed for a different set of customers. Disruptive innovations are now the key to ushering of affordable and competent healthcare. For example, a health care disruptive innovation was the one which disrupted retail pharmacies. In addition the potential drugs discovered to lower cholesterol are considered as the disrupted technologies and innovation to replace the frequency of angioplastic surgeries which itself was a disruptive technology to open heart surgery.
The Zenith Hospital wanted to use a disruptive technology due to the some facts studied by the management survey. The survey was based on statistical models which gave a direction for the implementation of the disruptive technology. The focus of the hospital was to increase the patient turnover and profitability by reaching to the unattended patient population. Methodology Data collection of the patient turnover in the hospital was considered for the previous two years. This was compared by statistical analysis to find out the difference in patient turnover and statistical tests of significance were implemented. Data collection done from a competitive hospital of a similar profile to understand the position Feedback questionnaire was formulated to find out the reasons and preferences for selecting the hospital services. This was represented as a pie chart to analyze the major reasons of satisfaction or dissatisfaction of the factors causing usage of hospital services. The correlation coefficient will then be found out with the various factors that is positively related with the positive turnovers and the factors related with the negative turnover of the patients. Usage of ordinary least squares regression to be done to find out the weighted significance of all the factors which contribute to the positivity and negativity of the patient turnover in the hospital. A cost benefit analysis was done to estimate the return on investment for the AKA disruptive technology to be implemented and the feasibility of such project Results 1. Patient turnover in the Zenith Hospital in 2011(1) and 2012(2) in earlier 2 years. (p0.01) 3. The factors leading to dissatisfaction for reduced turnover of the patients 4. The correlation coefficients calculated with turnover were -0.7 with waiting time, +0.123 with Competency of hospital staff, +0.003 with cost effectivity and +0.21 with care giving. Significant correlation coefficients were related to waiting time and care giving(p ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Use of quantative methods for a healthcare organization when launching Essay”, n.d.)
Use of quantative methods for a healthcare organization when launching Essay. Retrieved from https://studentshare.org/statistics/1493324-use-of-quantative-methods-for-a-healthcare-organization-when-launching-a-first-of-its-kind-medical-device
(Use of Quantative Methods for a Healthcare Organization When Launching Essay)
Use of Quantative Methods for a Healthcare Organization When Launching Essay. https://studentshare.org/statistics/1493324-use-of-quantative-methods-for-a-healthcare-organization-when-launching-a-first-of-its-kind-medical-device.
“Use of Quantative Methods for a Healthcare Organization When Launching Essay”, n.d. https://studentshare.org/statistics/1493324-use-of-quantative-methods-for-a-healthcare-organization-when-launching-a-first-of-its-kind-medical-device.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Medical device: Defibrillator

The author states that the Defibrillator is used to address the heart problem of Ventricular fibrillation and arrhythmia, which are both heart conditions that are associated with irregular heartbeat. The device is used to help patients who have abnormal electrical heart activities, which may range from heartbeats that are too fast.

12 Pages(3000 words)Essay
Quantative methods
However, we cannot say anything about the difference between two measurements on the scale. An example can be shoe size. The higher the shoe number the bigger the shoe size. But we cannot say that a shoe of size 8 is twice as big as a shoe of size 4. In the interval scale the difference between two measurements has a meaning.
4 Pages(1000 words)Essay
Quantative methods report
For example with the given problem of KIVZ Channel 5 Television Case Study, the variables from X1 to X13 and X16 are categorical variables and the variables X14, X15, X17, X18 and X19 are numerical variables. The frequency table for the variables from X1 to X13 and X16 is given below Table1: Frequency table Variable Value Total 0 1 2 3 4 5 6 X1 1 13 9 21 6 0 0 50 X2 0 9 25 11 5 0 0 50 X3 0 3 5 24 12 6 0 50 X4 0 5 5 17 13 10 0 50 X5 0 7 8 14 13 8 0 50 X6 0 1 8 23 7 11 0 50 X7 0 4 5 19 11 11 0 50 X8 0 1 6 26 15 2 0 50 X9 0 14 33 3 0 0 0 50 X10 0 22 28 0 0 0 0 50 X11 0 3 1 45 1 0 0 50 X12 0 34 13 3 0 0 0 50 X13 0 8 42 0 0 0 0 50 X16 0 2 15 4 8 13 8 50 Chart 1: Chart representing the frequencies
12 Pages(3000 words)Essay
Testing Required When Applying for a CE Mark for a Medical Device
Living tissue is required in this application to facilitate this evaluation and adequately demonstrate the biological response over time. Per 3.2.2 of the standard testing of the cement is authorized
6 Pages(1500 words)Essay
Healthcare organization
“safety culture that practices a set of values, beliefs, and norms about what’s important, how to behave, and what attitudes are appropriate when it comes to patient safety in a work group. Organizations with effective safety cultures have a constant commitment to safety as
2 Pages(500 words)Essay
Healthcare organization
At first glance, these two concepts of direction may appear to be the same; however, upon closer examination, key differences emerge between the two. As a function of these key differentials, this brief analysis will consider the divergence of concepts
2 Pages(500 words)Essay
What is the Oxford English Dictionary When and how was it first published Why was it published, and what is its importance in terms of the use of the English language and a record of its development
Oxford publishes numerous different types of dictionaries whose specificity depends on the potential user. The dictionaries can be bilingual for individuals who are studying linguistic courses or want to learn English language. Oxford also publishes
4 Pages(1000 words)Essay
Research methods for art market: quantative & qualitative
g to Eisenhardt (1991, p.623), the trends of management that have been observed in the contemporary past have raised concern to incorporate other methods of research that offer a middle ground on contrasting positivist, paradigms and perceptions. Methodological triangulation,
12 Pages(3000 words)Essay
Mobile device policy in healthcare
PHI has some issues that make it of great interest to practitioners in health care sector. In its broadest definition, PHI refers to any information regarding health status,
1 Pages(250 words)Essay
Quantative Methods
e set out to evaluate different polls or survey conducted by different international agents and we analyzed their conclusion and based on their data collected. We studied the data collected by Gallup, AIU library and Pew Research Center. A random survey was carried out by
3 Pages(750 words)Research Paper
Let us find you another Essay on topic Use of quantative methods for a healthcare organization when launching a first of its kind medical device for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us