NHS-FPX6008 Assessment 3 Business Case for Change – Step-by-Step Guide

The first step before starting to write the NHS-FPX6008 Assessment 3 Business Case for Change, it is essential to understand the requirements of the assignment. The first step is to read the assignment prompt carefully to identify the topic, the length and format requirements. You should go through the rubric provided so that you can understand what is needed to score the maximum points for each part of the assignment. It is also important to identify the audience of the paper and its purpose so that it can help you determine the tone and style to use throughout. You can then create a timeline to help you complete each stage of the paper, such as conducting research, writing the paper, and revising it to avoid last-minute stress before the deadline. After identifying the formatting style to be applied to the paper, such as APA, you should review its use, such as writing citations and referencing the resources used. You should also review how to format the title page and the headings in the paper.

How to Research and Prepare for NHS-FPX6008 Assessment 3 Business Case for Change

The next step in preparing for your paper is to conduct research and identify the best sources to use to support your arguments. Identify the list of keywords from your topic using different combinations. The first step is to visit the university library and search through its database using the important keywords related to your topic. You can also find books, peer-reviewed articles, and credible sources for your topic from PubMed, JSTOR, ScienceDirect, SpringerLink, and Google Scholar. Ensure that you select the references that have been published in the last words and go through each to check for credibility. 

Ensure that you obtain the references in the required format, for example, in APA, so that you can save time when creating the final reference list. You can also group the references according to their themes that align with the outline of the paper. Go through each reference for its content and summarize the key concepts, arguments and findings for each source. You can write down your reflections on how each reference connects to the topic you are researching about. After the above steps, you can develop a strong thesis that is clear, concise and arguable. Next you should create a detailed outline of the paper so that it can help you to create headings and subheadings to be used in the paper. Ensure that you plan what point will go into each paragraph.

How to Write the Introduction for NHS-FPX6008 Assessment 3 Business Case for Change

The introduction of the paper is the most crucial part as it helps to provide the context of your work, and will determine if the reader will be interested to read through to the end. You should start with a hook, which will help capture the reader’s attention. You should contextualize the topic by offering the reader a concise overview of the topic you are writing about so that they may understand its importance. You should state what you aim to achieve with the paper. The last part of the introduction should be your thesis statement, which provides the main argument of the paper.

How to Write the Body for NHS-FPX6008 Assessment 3 Business Case for Change

The body of the paper helps you to present your arguments and evidence to support your claims. You can use headings and subheadings developed in the paper’s outline to guide you on how to organize the body. Start each paragraph with a topic sentence to help the reader know what point you will be discussing in that paragraph. Support your claims using the evidence conducted from the research, ensure that you cite each source properly using in-text citations. You should analyze the evidence presented and explain its significance and how it connects to the thesis statement. You should maintain a logical flow between each paragraph by using transition words and a flow of ideas.

How to Write the In-text Citations for NHS-FPX6008 Assessment 3 Business Case for Change

In-text citations help the reader to give credit to the authors of the references they have used in their works. All ideas that have been borrowed from references, any statistics and direct quotes must be referenced properly. The name and date of publication of the paper should be included when writing an in-text citation. For example, in APA, after stating the information, you can put an in-text citation after the end of the sentence, such as (Smith, 2021). If you are quoting directly from a source, include the page number in the citation, for example (Smith, 2021, p. 15). Remember to also include a corresponding reference list at the end of your paper that provides full details of each source cited in your text. An example paragraph highlighting the use of in-text citations is as below:

The integration of technology in nursing practice has significantly transformed patient care and improved health outcomes. According to Smith (2021), the use of electronic health records (EHRs) has streamlined communication among healthcare providers, allowing for more coordinated and efficient care delivery. Furthermore, Johnson and Brown (2020) highlight that telehealth services have expanded access to care, particularly for patients in rural areas, thereby reducing barriers to treatment.

How to Write the Conclusion for NHS-FPX6008 Assessment 3 Business Case for Change

When writing the conclusion of the paper, start by restarting your thesis, which helps remind the reader what your paper is about. Summarize the key points of the paper, by restating them. Discuss the implications of your findings and your arguments. End with a call to action that leaves a lasting impact on the reader or recommendations.

How to Format the Reference List for NHS-FPX6008 Assessment 3 Business Case for Change

The reference helps provide the reader with the complete details of the sources you cited in the paper. The reference list should start with the title “References” on a new page. It should be aligned center and bolded. The references should be organized in an ascending order alphabetically and each should have a hanging indent. If a source has no author, it should be alphabetized by the title of the work, ignoring any initial articles such as “A,” “An,” or “The.” If you have multiple works by the same author, list them in chronological order, starting with the earliest publication. 

Each reference entry should include specific elements depending on the type of source. For books, include the author’s last name, first initial, publication year in parentheses, the title of the book in italics, the edition (if applicable), and the publisher’s name. For journal articles, include the author’s last name, first initial, publication year in parentheses, the title of the article (not italicized), the title of the journal in italics, the volume number in italics, the issue number in parentheses (if applicable), and the page range of the article. For online sources, include the DOI (Digital Object Identifier) or the URL at the end of the reference. An example reference list is as follows:

References

Johnson, L. M., & Brown, R. T. (2020). The role of telehealth in improving patient outcomes. Journal of Nursing Care Quality, 35(2), 123-130. https://doi.org/10.1097/NCQ.0000000000000456

Smith, J. A. (2021). The impact of technology on nursing practice. Health Press.

An Example NHS-FPX6008 Assessment 3 Business Case for Change Follows:

Speech Presentation for Business Case for Change

Slide One: Presentation Objectives

Hello everyone, and welcome to today’s presentation. This video presentation focuses on a business case for change. The need to implement change will be discussed. The selected healthcare economic issue is healthcare insurance. Healthcare insurance coverage is a vital aspect of care provision and the accessibility of healthcare services. The reasons for selecting the healthcare economic issue and the impact of the healthcare economic issue will also be discussed. Additionally, the feasibility and cost-benefit considerations will also be explored. Finally, I will identify the potential risks in the organization and the ways to mitigate these risks will also be identified.

Slide Two: The Need for Change

Healthcare institutions require constant change and improvement resulting from continuous evaluation and learning. Organizations use evaluations of the services provided to guide performance improvement and determine how the organization’s finances affect service delivery. These evaluations provide reports that are used to assess performance and guide organizational change. The reasons for change include increasing the accessibility of health services and reducing disparities among health populations. Another need for change is to enable them to meet population health needs of population health needs. Healthcare institutions strive to address the needs of health populations and thus require continuous evaluation. Additionally, the financial strategy of an institution impacts the healthcare services provided and the ability of the institution to meet the needs of health populations. Therefore, healthcare organizations need to change to improve financial strategies. 

Slide Three: Local Healthcare Economic Issue

The focus of healthcare economic issues is healthcare insurance and its accessibility. According to Keisler-Starkey and Bunch (2020), the current rate of insured individuals is 91.7%. However, the remaining uninsured individuals are mainly from minority populations, immigrants and other undocumented individuals. There are private and public health insurance covers available for the public. Both public and private insurance companies offer different plans and covers, and the premium costs also vary. Keisler-Starkey and Bunch (2020) note that private insurance covers direct purchases, Tricare, and employer insurance. Public insurance covers include Medicare and Medicaid. However, individuals from minority populations lack insurance coverage, which is the focus of this presentation’s central issue.

Slide 4: Reasons for the Selected Healthcare Issue

Healthcare insurance is one of the major sources of funding in healthcare institutions. Since above 90% of the people are insured, healthcare organizations depend highly on insurance reimbursements for finances. Additionally, health insurance gives individuals the confidence to seek healthcare services, including specialized services. However, close to 10% of the remaining uninsured have to incur out-of-pocket healthcare costs, which are relatively expensive. Unfortunately, this percentage includes individuals from minority populations, undocumented individuals and people who opt out of insurance coverage, citing the high cost of living and costly premiums. Fong (2019) notes that individuals and health population members with more health needs, such as older adults, also lack insurance coverage. Therefore, the economic issue of healthcare insurance is an essential issue of consideration.

Slide 5: Impact of the Healthcare Economic Issue

The issue of health insurance considerably impacts me as a care provider, my work and colleagues, the organization and the community in general. Health insurance affects my colleagues and my work since we are supposed to offer care services to all patients. According to Edward et al. (2021), care providers, especially from private care institutions, may face ethical dilemmas when uninsured patients seek healthcare services without pay. Additionally, Edward et al. (2021) note that healthcare organizations may suffer financial losses when forced to offer waivers to uninsured individuals. The losses may, in turn, compromise healthcare service delivery. Health insurance also affects healthcare services-seeking behavior among different members of the population, thus leading to poor health outcomes for individuals and the population in general when people are reluctant to seek healthcare services.

Slide 6: Feasibility and Cost-Benefit Considerations

According to Dormont (2019), cost-benefit considerations of any intervention are determined by comparing the cost vs. benefits of the intervention, thus determining its feasibility. A healthcare intervention is feasible if the benefits exceed the costs, and the institution can easily cater to the cost. A recent review by Himmelstein et al. (2020) showed that insurance reimbursements are one of the primary funding sources in healthcare, with about 90%. Additionally, lack of insurance increases the risk of disease complications, which increases the health burden and institutions’ operating costs. As mentioned earlier, insurance impacts the utilization of healthcare services. Keisler-Starkey and Bunch (2020) note that about 20% of uninsured individuals do not seek health services. According to Whaley et al. (2020), underutilization of healthcare services may lead to loss of institutional finances. Therefore, interventions to address health insurance are feasible.

Slide 7: Potential Risks to the Organization and Ways to Mitigate the Risks

There are various potential risks arising from the issue of health insurance. These risks include financial security resulting from reduced revenue due to low reimbursements since they are the major source of healthcare funding. Keisler-Starkey and Bunch (2020) note that healthcare institutions may compromise their healthcare services due to low reimbursements and the inability to meet operating costs. The institutions may also have poor reputations due to failure to offer services to uninsured patients. There are different ways to mitigate the risk of financial security in healthcare organizations. The three main ones include seeking external sources of funding to supplement the internal funds, and educating populations on the significance of insurance, thus encouraging them to be insured. Additionally, healthcare institutions can work with insurance companies to register their patients before accessing care services.

Slide 8: Proposed Change and the Benefits of Implementing Change

The proposed change to address the economic issue of health insurance is population education to create awareness and knowledge on insurance and its significance, as well as policy changes to enhance the affordability of healthcare insurance premiums. Most people are uninsured due to inadequate awareness of health insurance and high insurance service costs. According to Weedige et al. (2019), population education effectively increases insurance awareness and encourages individuals to get healthcare insurance. The proposed change intervention will target minority populations and other most affected populations. The benefits of this change include increased healthcare access and utilization, improved population outcomes, and the reduction of financial losses in healthcare institutions due to increased revenue.

Slide 9: Cultural Sensitivity, Ethical and Equitability of the Proposed Change

Cultural sensitivity and ethical considerations are essential in every intervention. Implementation of healthcare interventions should also consider ethics and enhance equitability in the community. These factors also help to enhance the success of a healthcare intervention. To enhance cultural and ethical sensitivity, the proposed intervention will involve the community members in developing the educational content and making other essential decisions. Marston et al. (2020) note that cultural factors such as language should be considered while implementing healthcare interventions to increase acceptance, success and sustainability. Ethical considerations will include providing education to all community members without discrimination. More so, with increased knowledge of insurance and accessibility of care services, thus it the intervention will enhance equitability in the community.

Slide 10: Conclusion

As I come to the end of this video presentation, there are a few things to note. Healthcare insurance is an essential healthcare economic issue that needs consideration. Lack of insurance significantly impacts us as healthcare providers, colleagues, work, organizations and the community. Individuals across different health populations are affected differently. Minority health populations and populations with more health needs, such as the elderly, are more affected by a lack of health insurance since they require health services more and may not access them, thus leading to poor health outcomes. Additionally, insurance affects care provision in healthcare organizations due to reduced revenue from reimbursements, compromising healthcare service quality. However, the issue can be addressed by population education and policy changes to increase awareness and reduce insurance service costs. Our responsibility as healthcare providers is to identify healthcare economic issues and propose solutions to address them.  

NHS-FPX6008 Assessment 3 References

Dormont, B. (2019). Supplementary health insurance and regulation of healthcare systems. In Oxford Research Encyclopedia of Economics and Finance. https://doi.org/10.1093/acrefore/9780190625979.013.115

Edward, J., Thompson, R., & Jaramillo, A. (2021). Availability of health insurance literacy resources fails to meet consumer needs in rural, Appalachian communities: implications for state Medicaid waivers. The Journal of Rural Health, 37(3), 526-536. https://doi.org/10.1111/jrh.12485

Fong, J. H. (2019). Out-of-pocket health spending among Medicare beneficiaries: Which chronic diseases are most costly? PloS One, 14(9), e0222539. https://doi.org/10.1371/journal.pone.0222539

Himmelstein, D. U., Campbell, T., & Woolhandler, S. (2020). Health care administrative costs in the United States and Canada, 2017. Annals of Internal Medicine, 172(2), 134-142. https://doi.org/10.7326/M19-2818

Keisler-Starkey, K., & Bunch, L. N. (2020). Health insurance coverage in the United States: 2019. Washington, DC: US Census Bureau. https://www.census.gov/content/dam/Census/library/publications/2022/demo/p60-278.pdf

Marston, C., Renedo, A., & Miles, S. (2020). Community participation is crucial in a pandemic. The Lancet, 395(10238), 1676-1678. https://doi.org/10.1016/S0140-6736(20)31054-0

Whaley, C. M., Pera, M. F., Cantor, J., Chang, J., Velasco, J., Hagg, H. K., Sood, N., & Bravata, D. M. (2020). Changes in Health Services Use Among Commercially Insured US Populations During the COVID-19 Pandemic. JAMA Network Open, 3(11), e2024984. https://doi.org/10.1001/jamanetworkopen.2020.24984  

Weedige, S. S., Ouyang, H., Gao, Y., & Liu, Y. (2019). Decision making in personal insurance: Impact of insurance literacy. Sustainability, 11(23), 6795. https://doi.org/10.3390/su11236795

You are almost done with this class now. Your final assessment in this class with be lobbying for change, which is due NHS-FPX6008 Assessment 4. I hope your journey in this class has been fruitful and interesting.

Frequently Asked Questions (FAQs)

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