NLM D156 NURS 6432 Business Case Analysis for Healthcare Improvement COMPREHENSIVE OA EXAM QUESTIONS & ANSWERS

NLM D156 NURS 6432 Business Case Analysis for Healthcare Improvement COMPREHENSIVE OA EXAM QUESTIONS & ANSWERS

1. Multiple Choice: What is the primary goal of conducting a
business case analysis in healthcare improvement?
 A) To reduce operational costs
 B) To improve patient outcomes
 C) To increase healthcare staff satisfaction
 D) To comply with regulatory standards
 Correct Answer: B) To improve patient outcomes
 Rationale: The primary goal of business case analysis in
healthcare is to enhance patient outcomes by identifying
cost-effective and efficient methods of delivering care.
2. Fill-in-the-Blank: The ________ model is a strategic tool
used in business case analysis to assess the strengths,
weaknesses, opportunities, and threats related to
healthcare improvement.
 Correct Answer: SWOT
 Rationale: The SWOT model is crucial for understanding
the internal and external factors that can impact the
success of healthcare improvement initiatives.
3. True/False: In business case analysis, the return on
investment (ROI) is the only metric necessary for decisionmaking in healthcare improvements.
 Correct Answer: False
 Rationale: While ROI is an important metric, decisionmaking in healthcare improvements should also consider
patient outcomes, quality of care, and staff engagement.
4. Multiple Response: Which of the following are key
components of a successful business case in healthcare?
(Select all that apply)
 A) Evidence-based interventions

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