How to Perform a Feasibility Study and Market Analysis to Determine if an Ancillary Service Makes Sense

Brockman, Ken

doi:10.1016/j.ocl.2007.09.004

Cited by 4 publications

(1 citation statement)

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“…[11] The conclusions drawn from the analysis will help to determine the potential for success and provide a framework for the business plan. [12] 3.1 Data collection: Define the target population The patient populations most at risk for hospital readmission have been well reported; however, each facility should review internal readmission data to verify that these patients are the ones most likely to utilize transitional care services. This drill down on institutional readmission data will also aid in decision-making about the clinic's business model and operational approach.…”

Section: Components Of a Feasibility Studymentioning

confidence: 99%

Transitional care clinics: An innovative approach to reducing readmissions, optimizing outcomes and improving the patient’s experience of discharge care-conducting a feasibility study

Smith¹

2016

JNEP

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Rehospitalization, which is defined as a return to the hospital for the same or related care within 30 days, is often avoidable and adds significant costs to health care spending. A growing body of evidence indicates that when patients move from one health care setting to another, a period known as the care transition, timely access to follow-up care is one of the keys to avoiding unplanned readmissions. Of late, transitional care clinics (TCCs), sometimes referred to as post-discharge clinics, have emerged as an innovative approach to readmission reduction. TCCs bridge the care gap between hospital discharge and post-acute care follow-up by providing access to care for patients with fragmented care or at high risk for readmission. These clinics are typically hospital-based and nurse practitioner-led which makes sense in terms of both cost-containment and quality of care. They provide an alternative to the use of emergency services, improve workflow for referring physicians, and support care navigation back to community providers. TCCs support the discharge plan of care and long-term outcomes by providing an intense focus on patient education, disease and medication self-management, and coordination of care. By providing access to care and improving communication across the continuum of care, TCCs can improve the quality of the care transition and reduce avoidable readmissions. A feasibility analysis can help to provide answers and guide project planning. This article describes how to conduct such a feasibility analysis of establishing a TCC as well as the organizational, financial and market factors impacting the feasibility of establishing such a clinic.

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Section: Components Of a Feasibility Studymentioning

confidence: 99%

Transitional care clinics: An innovative approach to reducing readmissions, optimizing outcomes and improving the patient’s experience of discharge care-conducting a feasibility study

Smith¹

2016

JNEP

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Introduction

Borgianni

Cascini

Rotini

2012

Springer Series in Advanced Manufacturing

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Product-Driven Process Value Analysis

Borgianni

Cascini

Rotini

2011

Global Product Development

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The CIRP Design 2010 Conference has been very productive on the scientific point of view, despite "the cloud" from the volcano in Island, and all the negative consequences on attendance.But fortunately, electronic communications allow the speakers who had transportation difficulties to present their contributions through videoconferencing system. The CIRP Design Conference is an official conference from the CIRP (International Academy for Production Engineering), this was the 20th issue of this event.This book has been built from the different papers presented during the keynote sessions and the parallel sessions.The different sessions of the CIRP Design 2010 Conference were constituted with papers that relate to the actual topics concerning design and mainly on the Global Product Development point of view. This proceedings book gives a very relevant and representative view of the actual trends in Design. Its organisation is based on the different topics that have been addressed during the conference.As the Global Product Development topic is very important for academic structures, industrial companies and more generally, the civil society, it is important to underline the fact that many sponsors have decided to support this event. We kindly thank all of them for their support.We also thank the honorary President, Prof. Michel Véron, former President of the CIRP, all the scientific committee members for their active and very important contribution to the scientific quality of this event, and the organisation committee for the hard work during the preparation and the execution of this event. . . mostly because of "the cloud". . .

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How to Perform a Feasibility Study and Market Analysis to Determine if an Ancillary Service Makes Sense

Cited by 4 publications

References 0 publications

Transitional care clinics: An innovative approach to reducing readmissions, optimizing outcomes and improving the patient’s experience of discharge care-conducting a feasibility study

Transitional care clinics: An innovative approach to reducing readmissions, optimizing outcomes and improving the patient’s experience of discharge care-conducting a feasibility study

Introduction

Product-Driven Process Value Analysis

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