StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Informed Decision Toolbox - Case Study Example

Cite this document
Summary
The paper "Informed Decision Toolbox" highlights that toolbox is said to provide advantages and one of them is its capability to aid the decision maker on the best things to decide by giving substantial weight to cost, other aspects, and the actual quality of health care services…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.9% of users find it useful
Informed Decision Toolbox
Read Text Preview

Extract of sample "Informed Decision Toolbox"

? Informed Decision Toolbox With low income and needy especially in accessing health care services, children, pregnant women, adults with dependent children, individuals with disabilities and 65 years old and over are considered by the government parts of the Medicaid population. In this paper, a certain country clinic declared budget cut around 15 percent, which is a case when a manager should decide effectively in order not to affect the actual quality of its health care services. The use of Informed Decision Toolbox can be potentially used in order to come up with remarkable evidences to assess the effectiveness of relying less on consultants as it is found that it would just potentially add up to administering cost. Introduction Medicaid clients are those who have low income and needy and these may involve children, pregnant women, adults with dependent children, individuals with disabilities and 65 years old and over. These individuals surely would rely on the government’s subsidy in order to meet their health care needs. It is however important to consider that as a manager of a country clinic, financial constraints is a great area of consideration prior to the actual provision of care to Medicaid clients. For instance, the department declaring a budget cut by 15 percent would substantially affect the quality of care that Medicaid clients would receive for their actual health care needs. Thus, as a manager, there are important things that need to be implemented without compromising the actual quality of health care that clients will receive even though budget constraint is substantially present. Things to do It is important to understand that reliance on consultants for instance adds up to the actual cost of clinical services for the healthcare needs of a Medicaid population. Consultant fee is part of the administrative cost in the entire US health care system. The cost of administering health care system in the US is a fundamental huge source of expense compared to other countries like Canada which in 2007 had only estimated cost of only 16.7 percent compared to 31 percent in the former (Weinberg, 2007). Thus, it would make sense not to rely so much on consultants in order to cut expense on the cost of administering the entire health care system in the US. There could be additional saving of expenses that will be incurred in doing this. In order to implement this, the use of Informed Decisions Toolbox is found to be beneficial. This toolbox helps managers to decide things based on remarkable form of evidence. This is therefore an integral component of evidence-based management. Applying this in the context of the healthcare system will substantially result to evidence-based healthcare which involves three main stages such as “producing evidence, making evidence available, and using evidence” (Gray, 2009, p.17). In other words, by making the evidence reliable, clinical services for Medicaid population will less likely to rely on consultants at some certain point. Thus, this would probably reduce the administering health care cost for the Medicaid population. At least, this would back up certain portion of amount from the total expenses to be incurred for health care needs of the Medicaid population. Tool to use Informed Decisions toolbox for assessing the accuracy of information is therefore important to be used in order to ensure the right one is obtained prior to the actual decision-making process. It is important to make sure that the information obtained is accurate so that the reliance on outside source of information may potentially decrease and it will eventually minimize the cost associated with this activity. It is always a point of this activity to come up with reliable sources of information and once this is obtained, assessment is necessary so as to create any evaluative measure that will substantially verify whether what has been obtained can be fully relied on or not. Assessment is important prior to the actual interpretation of actual information (Hitt, Ireland & Hoskisson, 2010). This creates a strong confidence that the overall information involved in the actual investigation prior to the decision-making process is highly reliable. Thus, this would eventually build a strong foundation of how the entire decision-making process should be initiated. The impact of toolbox Toolbox affects accountability, knowledge transfer, and a questioning organization. Toolbox affects these three aspects by simply emphasizing the important point of evidence-based decision making activity. Accountability, knowledge transfer and a questioning organization substantially would require the use of evidence. It is important to highlight this evidence because at some point this would increase the level of organization’s accountability, knowledge transfer and to address answers to remarkable questions prior to making the final decision. Toolbox as stated earlier would specifically help find other sources of information. This only means that a decision maker or manager would be able to obtain substantial evidence with toolbox as it specifically gives essential weight on finding significant information including its sources. As evidences are obtained, the manager may develop sufficient confidence how to decide on things. The manager therefore would be able to obtain substantial references as how to come up with the best decision for the benefit of the clients. For instance, with better decision-making output through incurring substantial evidences, the clients would be able to benefit the cost advantage especially in the context of Medicaid clients’ benefits. Even though there might be substantial cutting of budget especially in country clinics, Medicaid clients may still enjoy quality health care benefits as things may not be only decided based on a single aspect, but essential evidences are required through the use of Informed Decisions toolbox. Conclusion Medicaid clients require substantial support from the government or country clinic. Their needs regarding health care are defined according to how much they can afford in satisfying them. However, country clinics may face some financial constraints which at some point should require intense decision-making process without affecting the quality of health care services. Informed Decision Toolbox is said to provide advantages and one of them is its capability to aid the decision maker on the best things to decide by giving substantial weight on cost, and other aspects and the actual quality of health care services. References Gray, J. A. M. (2009). Evidence-based healthcare and public health: how to make decisions about health services and public health (3rd ed.). Beijing: Elsevier Health Sciences. Hitt, M. A., Ireland, D., Hoskisson, R. E. (2010), Strategic Management: Competitiveness & Globalization, Concepts (9th ed.). Mason, OH: Cengage Learning. Weinberg, S. E. (2007). US Healthcare on Life Support: Resuscitating the Dying System. Haddonfield, NJ: Denisher Press. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Informed Decision Toolbox Case Study Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/health-sciences-medicine/1445211-decision-making-case-study
(Informed Decision Toolbox Case Study Example | Topics and Well Written Essays - 1000 Words)
https://studentshare.org/health-sciences-medicine/1445211-decision-making-case-study.
“Informed Decision Toolbox Case Study Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/health-sciences-medicine/1445211-decision-making-case-study.
  • Cited: 0 times

CHECK THESE SAMPLES OF Informed Decision Toolbox

Deviation in the Process Metric

Formerly, organizations adhered to the rule, "If it isn't broken, don't fix it.... But crisis managers are now strongly advising "If it isn't broken, look for the cracks before they get too large to fix.... (National Hotline Services, Inc.... 2005) There is a significant difference between proactive and reactive approach in the way how an organization is used to solve its problems....
8 Pages (2000 words) Essay

Decision- making case study

The… Decisions require time, money and other resources which cannot be recovered in case the decision needs to be changed at a later stage (Ullman, 2006). Evidence based decision making is a process in The Informed Decisions Toolbox (IDT) was developed to assist managers in efficient use of six key steps in evidence-informed decision making.... Using information from “Informed Decisions toolbox: Tools for Knowledge Transfer and Performance Improvement” we can determine which tools would be the most appropriate to use for decision making at Medicaid....
5 Pages (1250 words) Essay

Decision-Making Case Study

have presented the concept of the Informed Decision Toolbox which “facilitates the use of research evidence in decision making”.... the Informed Decision Toolbox is a set of standardized tools that instruct policy makers at health organizations on how they can find, access and adapt... In such circumstances, as mentioned before, rises the issue of the importance of making an informed decision as the consequences of the choices made have a direct influence on the health standards of a large number of people....
5 Pages (1250 words) Case Study

Decision Making Case Study

In this situation, the Informed Decisions toolbox would be used because it provides a structured framework for a manager to use.... According to Gudes, Kendall, Yigitcanlar, Pathak and Baum (2010), involving major stakeholders and users of services in decision making insures that information comes from diverse sources and encourages strong collaboration between those interested in the organization....
5 Pages (1250 words) Research Paper

The value of marketing research to organizations

The market research toolbox: a concise guide for beginners.... As a strategic tool, marketing research provides strategic marketing information for corporate growth decisions, in addition to guiding strategic thinking that precedes strategic planning and decision making....
2 Pages (500 words) Essay

How an Organization can Become Proactive

The paper "How an Organization can Become Proactive" highlights that software developers frequently do not believe that others could create something better than they can.... By the way, this disadvantage concerns not only software developers but people in many other fields.... hellip; I think the issue should be regarded more globally because the measure of innovations' profit should be defined first....
8 Pages (2000 words) Assignment

The Toolbox of the UN for Peace Missions

"The toolbox of the UN for Peace Missions" paper argues that sanctions ought to adopt proper and well calculated procedures as cited by Stockholm, Interlaken, and Berlin/Bonn processes.... nbsp;… Hence, prompting allies of the targeted states end up defying the common decision of other UN members....
19 Pages (4750 words) Coursework

Child Labour Issue by Drawing Critical Summary of the Issue

… Critical ThinkingIntroductionOf the benefits that economic development has brought, provision of quality education and secure future for children globally is the most important.... However, from the beginning of 21st century, millions of children have Critical ThinkingIntroductionOf the benefits that economic development has brought, provision of quality education and secure future for children globally is the most important....
10 Pages (2500 words) Essay
sponsored ads
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.
Contact Us