Describe three factors ( listed below) that impact cost or revenue within your organization. How might these variables impact the DPI Project deliverables?
1. Length of stay- ( increase length of stay is costly for insurance, decrease pt satisfaction, increase risk of hospital acquired infection which can decrease reimbursement )
2. use of supplemental staffing (agency nurses) due to staffing shortage – need adequate staff to carry out bundle interventions
3. patient acuity / complexities ( noted on admission)- complex patients may alter results if not appropriately screened for hospital admission and high observation criteria)
Pls elaborate on the three factors above and how it will impact the DPI project- DPI project : implementing the ABCDEF bundle in a long-term acute care bundle to decrease length of stay
250-500 words
current articles no later than 5 years old
Expert Solution Preview
Introduction:
As a medical professor responsible for creating college assignments and answers for medical college students, I understand the importance of understanding the factors that impact cost and revenue within an organization in the healthcare industry. In this answer, I will be elaborating on three key factors: length of stay, use of supplemental staffing, and patient acuity/complexities, and how they will impact the DPI project – implementing the ABCDEF bundle in a long-term acute care bundle to decrease length of stay.
Length of Stay:
The length of stay has a direct impact on the cost of care within the healthcare system. Longer stays can lead to increased costs for insurance and medications, decrease patient satisfaction, and increase the risk of hospital-acquired infections. In the context of the DPI project, longer stays could counteract the efforts of implementing the ABCDEF bundle, which aims to decrease the length of stay. It is essential to have a clear understanding of the factors that contribute to longer stays, such as delayed discharges and inappropriate admissions. Identifying and addressing these factors will help ensure the success of the project.
Use of Supplemental Staffing:
The healthcare industry often experiences a shortage of staff, which leads to the use of supplemental staffing, such as agency nurses. The use of agency nurses can be expensive and may impact the quality of care provided to patients. In the context of the DPI project, having adequate staff to carry out the ABCDEF bundle interventions is crucial. If there is an inadequate number of staff, the bundle interventions may not be carried out consistently or accurately, which could result in failure of the project.
Patient Acuity/Complexities:
Patient acuity and complexities can also impact the success of the DPI project. Complex patients who are not appropriately screened for hospital admission and high observation criteria may alter the results of the project. Therefore, it is essential to have a thorough screening process in place to ensure that patients admitted to the facility are appropriate for the level of care provided. Additionally, by ensuring proper screening processes are in place, the facility can ensure that the appropriate resources are available to care for the patient effectively.
Conclusion:
In conclusion, the three factors – length of stay, use of supplemental staffing, and patient acuity/complexities – can significantly impact the success of the DPI project. To mitigate these risks, it is essential to have clear identification and evaluation of these factors during the planning and implementation phases of the project. By doing so, the outcomes of the project can be consistently monitored and evaluated for success, and necessary adjustments can be made to ensure positive outcomes.
