{"id":25806,"date":"2024-05-15T16:07:30","date_gmt":"2024-05-15T16:07:30","guid":{"rendered":"https:\/\/www.writemyessays.app\/blog\/questions\/complete-a-cost-benefit-analysis-to-determine-the-best-course-of-action-in-a-scenario-for-a-staffing-shortage\/"},"modified":"2024-05-15T16:07:30","modified_gmt":"2024-05-15T16:07:30","slug":"complete-a-cost-benefit-analysis-to-determine-the-best-course-of-action-in-a-scenario-for-a-staffing-shortage","status":"publish","type":"questions","link":"https:\/\/www.writemyessays.app\/blog\/questions\/complete-a-cost-benefit-analysis-to-determine-the-best-course-of-action-in-a-scenario-for-a-staffing-shortage\/","title":{"rendered":"Complete a cost-benefit analysis to determine the best course of action in a scenario for a staffing shortage."},"content":{"rendered":"<p>&nbsp; Scenario:&nbsp;<span style=\"cursor: auto; color: inherit;\">For this assessment, assume you are the executive director for a for-profit home care agency and you are experiencing a shortage of staff in nursing. You are having to turn away clients because you are not able to provide staff to make the visits. Your task is to complete the cost-benefit analysis to determine what your best course of action is. You are currently short of four full-time nurse positions to meet your current client load. Each full-time nurse position equates to 20 clients per week, with one hour for a visit and one hour for travel and documentation time for each client. This means you will need to reduce by 80 clients per week or add staff. Your current client load for the agency is 160 clients. You have two management nurses that process intakes, manage quality, ensure compliance, and perform audits for pending federal surveys. They are salaried and do not see clients in the home currently.<\/span><\/p>\n<div><span style=\"cursor: auto; color: inherit;\"><\/p>\n<p style=\"margin: 12px 0px; cursor: auto; color: inherit;\">Your task is to find a long-term solution to your staffing problem. Pick from one of the four categories to focus your efforts:<\/p>\n<ul style=\"margin-right: 0px; margin-bottom: 6px; margin-left: 25px; cursor: auto; color: inherit;\">\n<li style=\"cursor: auto; color: inherit;\">Staffing.<\/li>\n<li style=\"cursor: auto; color: inherit;\">HR benefits.<\/li>\n<li style=\"cursor: auto; color: inherit;\">Technology\/wearable health care technology.<\/li>\n<li style=\"cursor: auto; color: inherit;\">Telehealth.<\/li>\n<\/ul>\n<p style=\"margin: 12px 0px; cursor: auto; color: inherit;\">You have a surplus in a budget line of 1,00,000 dollars to address this issue. You may review the articles in the suggested reading list for this assessment to give you a start. Please offer at least three solutions that you would recommend, and the cost-benefit associated with each one. Also, please note the opportunity cost for each option.<\/p>\n<p style=\"margin: 12px 0px; cursor: auto; color: inherit;\">Instructions:<\/p>\n<p style=\"margin: 12px 0px; cursor: auto; color: inherit;\">Use the<span style=\"cursor: auto; color: inherit;\">&nbsp;<\/span><a style=\"cursor: auto;\" data-api-returntype=\"File\" data-api-endpoint=\"https:\/\/courseroom.capella.edu\/api\/v1\/courses\/18877\/files\/3234979\">Cost-Benefit Analysis Template [DOCX]<\/a><span style=\"cursor: auto; color: inherit;\">&nbsp;<\/span>to complete this assessment.<\/p>\n<ul style=\"margin-right: 0px; margin-bottom: 6px; margin-left: 25px; cursor: auto; color: inherit;\">\n<li style=\"cursor: auto; color: inherit;\">Include an executive summary with an overview of the purpose and content of the cost-benefit analysis.<\/li>\n<li style=\"cursor: auto; color: inherit;\">Write 1-2 double-spaced pages for each option that includes:\n<ul style=\"margin-right: 0px; margin-left: 25px; cursor: auto; color: inherit;\">\n<li style=\"cursor: auto; color: inherit;\"><strong style=\"font-weight: bold; cursor: auto; color: inherit;\">Option Title<\/strong>.<\/li>\n<li style=\"cursor: auto; color: inherit;\"><strong style=\"font-weight: bold; cursor: auto; color: inherit;\">Proposal:<\/strong><span style=\"cursor: auto; color: inherit;\">&nbsp;<\/span>Brief description of the option.<\/li>\n<li style=\"cursor: auto; color: inherit;\"><strong style=\"font-weight: bold; cursor: auto; color: inherit;\">Benefit:<\/strong><span style=\"cursor: auto; color: inherit;\">&nbsp;<\/span>List the benefits associated with this option.<\/li>\n<li style=\"cursor: auto; color: inherit;\"><strong style=\"font-weight: bold; cursor: auto; color: inherit;\">Cost Associated:<\/strong><span style=\"cursor: auto; color: inherit;\">&nbsp;<\/span>List the costs associated with this option.<\/li>\n<li style=\"cursor: auto; color: inherit;\"><strong style=\"font-weight: bold; cursor: auto; color: inherit;\">Opportunity Cost:<\/strong><span style=\"cursor: auto; color: inherit;\">&nbsp;<\/span>List what might be given up if this option is selected.<\/li>\n<li style=\"cursor: auto; color: inherit;\"><strong style=\"font-weight: bold; cursor: auto; color: inherit;\">Detailed Explanation:<\/strong><span style=\"cursor: auto; color: inherit;\">&nbsp;<\/span>Explain how the cost-benefit analysis for the option aligns with organizational needs and future growth.\n<ul style=\"margin-right: 0px; margin-left: 25px; cursor: auto; color: inherit;\">\n<li style=\"cursor: auto; color: inherit;\">Address the following for each option:\n<ul style=\"margin-right: 0px; margin-left: 25px; cursor: auto; color: inherit;\">\n<li style=\"cursor: auto; color: inherit;\">Non-monetary benefits, such as improved customer satisfaction, associated with the option.<\/li>\n<li style=\"cursor: auto; color: inherit;\">Non-monetary costs associated with the option. For example, productivity may decrease initially as people adjust to new policies and procedures associated with the option. At the same time, productivity is likely to increase once people adjust to the new policies and procedures.<\/li>\n<li style=\"cursor: auto; color: inherit;\">Although these factors may be difficult to quantify, successful health care leaders are able to weigh nonmonetary and monetary considerations when making their purchasing and budgeting decisions.<\/li>\n<\/ul>\n<\/li>\n<li style=\"cursor: auto; color: inherit;\">Spell out the pros and cons between this option and the issue presented in this assessment.<\/li>\n<li style=\"cursor: auto; color: inherit;\">Explain how the concept of opportunity cost applies to the option.<\/li>\n<\/ul>\n<\/li>\n<li style=\"cursor: auto; color: inherit;\"><strong style=\"font-weight: bold; cursor: auto; color: inherit;\">References:<\/strong><span style=\"cursor: auto; color: inherit;\">&nbsp;<\/span>List at least two scholarly and\/or authoritative sources to support each option.<\/li>\n<\/ul>\n<\/li>\n<li style=\"cursor: auto; color: inherit;\">Focus on the cost-benefit analysis and provide a conclusion with a concise summary of each option for stakeholders to consider.<\/li>\n<\/ul>\n<p style=\"margin: 12px 0px; cursor: auto; color: inherit;\"><\/p>\n<p><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Scenario:&nbsp;For this assessment, assume you are the executive director for a for-profit home care agency and you are experiencing a shortage of staff in nursing. You are having to turn away clients because you are not able to provide staff to make the visits. Your task is to complete the cost-benefit analysis to determine [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[21],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/25806"}],"collection":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/comments?post=25806"}],"version-history":[{"count":0,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/25806\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/media?parent=25806"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/disciplines?post=25806"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/paper_types?post=25806"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/tagged?post=25806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}