You have recently been hired as the chief financial officer (CFO) of a large hospital. Your hospital has experienced major growth and is proposing a new department of quality improvement. This new department has to be approved by the board of directors. The chief executive officer (CEO) has asked you to prepare a presentation for the board of directors to stress the importance of quality from a financial standpoint.
Prepare a 15-18-slide PowerPoint presentation describing the importance of delivering quality care on the finances of the organization. Make sure to include the following:
- An overview of the concept of quality in health care.
- A description of the current finances of the organization and how quality would enhance the bottom line.
- The consequences of not implementing the new department within the organization, including legal and marketing implications.
- As you are crafting your presentation, consider your audience: a group of board members that you need to persuade to approve the financials for a new department. You need to make a strong, clear argument to support the need for a quality improvement department. You will also need to be creative to keep your audience's attention. Include speaking notes with each slide outlining the presentation.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.