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A detailed feasibility study is an essential element in the process of diligently assessing any new health services business venture. According to data released by the Bureau of Labor Statistics, the health care industry is currently one of the fastest growing fields in the United States, and it is projected that the field will grow by 22 percent by 2018. This is compared to an 11 percent average growth rate for all other industries (United States Department of Labor, 2012). Whether you are considering new medical service lines, an expansion of your current operation or any other type of health care business venture, a feasibility study is an essential planning tool for any future health care leader.
In this assignment, you will be choose a topic for your feasibility study. Please read the Leff, et al (2005) article, “Hospital at Home: Feasibility and Outcomes of a Program to Provide Hospital-Level Care at Home for Acutely Ill Older Patients.” Reflect on the procedures and content found in the article to aid you in choosing and shaping a topic for your feasibility study. The topic you select should be of interest and meaningful someone who has a career in healthcare administration, and it must be related to health care delivery.
Create a document that includes the following:
Title: Proposed title for the feasibility study
Topic: Topic of the feasibility study
Description: A brief description (250-500 words) of how the proposal will impact the quality, availability, accessibility, and affordability of care
List of Resources: A list of five scholarly sources that you’d plan to use as you complete your feasibility study