Research Proposal: Service Cost, Devices

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SAMPLE EXCERPT:

[. . .] To answer the question around execution and where should an institution start with a clinical optimization program, Degraff (2013) suggests a five-step process which includes, conducting a physical inventory, optimizing workflow processes, considering deployment of an asset tracking technology such as RFID, auditing all service related costs, and developing a device replacement strategy. By redesigning distribution and management processes and, in some cases, adding real- time location technologies, hospitals are able to reduce inventory, lower or eliminate rental and lease expenditures, and decrease maintenance and service costs -- all of which can amount to hundreds of thousands, and in some cases millions of dollars in savings each year.

In summary, the U.S. healthcare system is literally "wasting away." To ensure their own long-term viability, individual healthcare organizations need to look in the mirror and identify operational inefficiencies and activate strategies to address by ultimately identifying -- and correcting operational factors that contribute cost, not value, to care delivery.

Research Methodology:

The basic research process involves four stages including the formulation, execution, analytical and decision making process (Mayers, 2013). The research methodology elaborates the general and current study related aspects of research methods and research design. The population and sample is also described with its relevance for current research. Data collection in general is relevant for conducting research and as a result the methods used for collection of primary and secondary data are also explained in relevance with the proposal. The theoretical assumption, method of research, data collection methods (Qualitative), approach for collecting the data are also addressed throughout the research design for current work. The model for the qualitative research is illustrated in the figure below.

Figure: Qualitative research design model

Source: Myers (2013)

Written Approach

Data Analysis Approach

Data Collection Technique

Research Method

Philosophical Assumptions

Research Design:

The current study is designed to take a qualitative approach for identification of economic impact in hospital assets optimization. The interpretive research is taking a philosophical assumption of exploration of the problem statement and to an extent the results of such inefficacy for hospitals. The action research method is also selected for the discussed study as the approach enables the exploration of considered subject in terms of positive, interpretive and critical. The method of data collection used for the research is also aligned with the qualitative research paradigm enabling the use of documents and participation observations.

Population:

The large number of hospitals and clinics specifically operating in United States can benefit from the research findings in terms of optimizing their clinical assets (Stantchev, Schulz, Hoang, & Ratchinski, 2008). Moreover the hospitals facing challenges in terms of increased cost of operations can also use the results of the study in order to identify the sources of leakages and misuse of their assets. The healthcare units operating outside that are facing similar conditions can also take advantage of the study. Therefore the medium to large scale hospitals are considered as the population of current study.

Method of Data Collection:

The methods used for data collection are relevant for consideration in order to elaborate the conformity with the research design and selected approach to address the problem. There are various methods that are used by the researchers to collect data in qualitative paradigm of research. It is noted that medium to large scale hospitals in United States are relevant for their consideration in reducing the amount of their operating cost and increasing clinical assets optimization. The method used for collection of data is predominantly dependent on the research method, the topic of research, and data availability. The current research particularly uses the data collection method of using documents to achieve the desired objectives. The sources used for data collection are particularly important for a research. These methods are elaborated below.

Secondary Data Collection:

The research is focused to take an approach for collecting and using secondary data. The data published in various journals, books, news articles, and peer reviewed repots will be used as a basis to interpret and explore the economic impact of optimizing the clinical assets. The comparison of present and updated data along with the previous data will enable the researcher to investigate the changes occurred over time. The interpretation of changes will further enhance the development of requisite for eliminating the variance and creating an applicable model for results improvement.

Ethical Consideration:

According to Munhall (2011) ethical considerations are highly important for research that involves an impact on the organizations and later transferred for relevance to the individuals. The ethical aspects of the research should be highlighted and noted prior to start of the research. The unguarded research is terms of ethics is particularly leading towards a dishonesty and earning bad reputation not only in terms of the personal integrity but the institutional issues are also underlined in such respect. The ethical process further requires explanation of the research process in order to the public to understand the relevance of due course taken to reach certain results.

The current research is also conducted through following the limitations of personal, institutional, and organizational ethics. The research is based on the qualitative paradigm and uses the secondary data analysis as its approach. In such respect the most concerned ethical consideration is with respect to interpretation and presentation of the data as well as observations is made in the relevant perspective. The misquoting of facts and data is highly unethical and it can distort the research findings, therefore it should be avoided at all costs. Secondly the research should follow the academic and ethical requirements to appropriately reference the selected material and provide detailed reference list corresponding to the in-text citations. The literature review in particular and other sections also should adhere to the ethical considerations. Furthermore the material produced in the research requiring approval form the authors and intellectual property rights holders is also based on the prior permission sought by the researcher. Their consent is the basis of producing, using, and interpreting such material in the present research. In case the use of primary sources is required and the requirement is established it is noted that the names and identities are not produced in the research in order to fulfill the ethical consideration.

Research Validity and Reliability:

The reliability and validity of the research is essential to authenticate and apply the findings in the real world. The resources required to handle the validity and reliability are significantly different in various aspects. The major difference on validity and reliability is created through the approach taken in order to conduct the study. The quality of the research in the positive case studies is particular in definition as validity and reliability. It further requires the case to meet the required standards and as a result it can confirm the criterion for applicability with quality content (Mayer, 2013). On the other hand the interpretive case studies regard quality of the research in the terms of plausibility and overall argument management.

Results:

The results of the research will be analyzed on the basis of review of qualitative data. The qualitative data is reviewed in relation to the above mentioned strategy defined in the relevant sections. The results interpretation will also focus on exploring the issues, the extent to which it is applicable in relation to the economic impact for hospitals (Kaplan, 2004). The tentative amount spent on procurement of the equipment along with the amount of actual usage is also extracted from the qualitative data analysis. The major parts of the results section is focused to highlight and rank the issues currently being faced by the hospitals in terms of their clinical assets.

It is also significant to note that hospitals are particularly incurring a large amount of losses arising from their inefficient polices of assets procurement and allocation. The efficient procurement can be understood in terms of their current viability through purchase, lease, or rental basis. The list of equipment used and its frequency as well as the value can provide a useful insight and enable the researcher to suggest the management for selecting the best possible option for procurement. It is also important for hospital's management to understand the supplier's operating procedures through which they provide required services.

The amount of loss incurred in each hospital with respect to the clinical assets waste should be retrieved through the available data and analyzed with respect to their underlying reasons. The management should have the capability to address these issues through efficient handling as well as the usage of other techniques for optimizing the usage. The losses incurred through losses in relation to clinical assets should be addressed through quality initiatives and defining clear benchmarks for performance improvement.

The clinical asset's optimal usage is one of the key factors in improving the cost of operations and allowing the hospitals to operate efficiently without having to minimize their cost through employee reduction and increase… [END OF PREVIEW]

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APA Format

Service Cost, Devices.  (2013, September 24).  Retrieved April 24, 2019, from https://www.essaytown.com/subjects/paper/service-cost-devices/5031371

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"Service Cost, Devices."  24 September 2013.  Web.  24 April 2019. <https://www.essaytown.com/subjects/paper/service-cost-devices/5031371>.

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"Service Cost, Devices."  Essaytown.com.  September 24, 2013.  Accessed April 24, 2019.
https://www.essaytown.com/subjects/paper/service-cost-devices/5031371.