The Quality Management Director of a Large Healthcare Conglomerate Wishes

question 9

Multiple Choice

The quality management director of a large healthcare conglomerate wishes to initiate benchmarking strategies to assess care. Which directive should this manager publish?

• A) We will compare outcome indicators with other healthcare conglomerates of similar size and organization.
• B) Outcome data of hospitals within the organization will be compared to assess quality.
• C) Each client care unit in the organization will establish specific unit goals for quality.
• D) Each unit in the organization will create a quality monitor to assess how well unit policies are followed.

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Definitions:

Consumer Equilibrium

A state in which a consumer has allocated their income in a way that maximizes their utility, given their budget constraint.

MU/P Ratio

The Marginal Utility to Price ratio, used in economic analysis to evaluate the satisfaction received from consuming an additional unit of a good relative to its cost.

Marginal Utility

The additional satisfaction or benefit received from consuming one more unit of a good or service.