Feasibility Study Topic and Area of Interest

A detailed feasibility study is an essential element in the process of diligently assessing any new health services business venture. According to data released by the Bureau of Labor Statistics, the health care industry is currently one of the fastest growing fields in the United States, and it is projected that the field will grow by 22 percent by 2018. This is compared to an 11 percent average growth rate for all other industries (United States Department of Labor, 2012). Whether you are considering new medical service lines, an expansion of your current operation, or any other type of health care business venture, a feasibility study is an essential planning tool for any future health care leader.

In this assignment, you will be taking the first step toward the completion of your final assignment by settling on the topic for your feasibility study. Please read the Leff, et al (2005) article, “Hospital at Home: Feasibility and Outcomes of a Program to Provide Hospital-Level Care at Home for Acutely Ill Older Patients.” Reflect on the procedures and content found in the article to aid you in choosing and shaping a topic for your feasibility study. The topic you select should be of interest and meaningful to you and your career, and it must be related to health care delivery.

Create a document that includes the following:

Title: Proposed title for the feasibility study

Topic: Topic of the feasibility study
Description: A brief description (250-500 words) of how the proposal will impact the quality, availability, accessibility, and affordability of care
List of Resources: A list of five scholarly sources that you plan to use as you complete your feasibility study.
Recommended Resources

Articles

The Access Project. (2001). A community leader’s guide to hospital finance: Evaluating how a hospital gets and spends its money. Retrieved from http://www.accessproject.org/downloads/Hospital_Finance.pdf
This article provides a community or systems perspective on how hospitals receive payment and spend money for services to maintain operability of an organization.
Custer, W. S. (2013). Consumer choice in health insurance. Journal of Financial Service Professionals, 67(4), 25-27. Retrieved from the EBSCOhost database.
Custer (2013) states that “Tthe health insurance market is likely to become more complex with full implementation of the Affordable Care Act. There is a good deal of research that suggests that consumers’ choices may not be rational when the number of alternatives is large, the alternatives are complex, and information is limited or costly. Overcoming the limitations in consumer decision making requires reducing complexity, increasing information, and providing computational resources.”
Dhingra, S. S., Zack, M. M., Strine, T. W., Druss, B. G., & Simoes, E. (2013). Change in health insurance coverage in Massachusetts and other New England states by perceived health status: Potential impact of health reform. American Journal of Public Health, 103(6), e107-e114. doi:10.2105/ AJPH.2012.300997

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The full-text version of this article can be accessed throguh the EBSCOhost database in the Ashford University Library.
This article examines the impact of health reform in Massachusetts and its public health component (enacted in 2006) on change in health insurance coverage by perceived health.
Fottler, M. D., & Lanning, J. A. (1986). A comprehensive incentive approach to employee health care cost containment. California Management Review, 29(1), 75-94. Retrieved from the EBSCOhost database.
The article discusses the use of a comprehensive incentive approach to employee health care cost containment. A comprehensive approach would involve system controls to shrink the system as well as incentives for both providers and health care consumers to reduce utilization, be more price conscious, and provide services more quickly.
Mango, P. D., & Riefberg, V. E. (2009). Three imperatives for improving US health care. Mckinsey Quarterly, (2), 40-44. Retrieved from the EBSCOhost database.
The article discusses actions that the author feels should be taken to address the high cost of health care within the United States.  Specific problems that the authors feel the U.S. government should address are discussed, such as the cost associated with treating diseases related to people’s lifestyles and wastes within the health care system
Rohr, R. (2012). Cost control: The new frontier of medical management. Physician Executive, 38(4), 82-83. Retrieved from the EBSCOhost database.
The article offers the author’s insights regarding the medical care cost control in the United States. The author states that the Affordable Care Act has instructed a reduction in spending from the current levels. He says that the value-based purchasing will lessen total payments from the Centers for Medicare and Medicaid Services in the United States.