SimpliLearn Project by DistPub - Increasing Hospital POS Collections. Using the data given in Table 2, determine if the POS performance is stable using a control chart. Explain why you used the type of control chart you selected.

1. Increasing Hospital POS Collections
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2. Exercise 1
Process Stability
Using the data given in Table 2, determine if the POS
performance is stable using a control chart.
Explain why you used the type of control chart you selected.
To determine if the POS performance is stable using a control chart,
we can use a time series control chart. A time series control chart is
a type of control chart that is used to monitor the stability and
consistency of a process over time by plotting data points on a
graph and drawing control limits around the data.
Exercise 2
Scope Opportunity
Using the data given in Table 1, how would you scope the
focus area of the project?
It sounds like your organization, Holistic Health Systems, is trying
to improve its Point of Service Collections (POS) rate, which is the
percentage of patient payments that are received within 7 days of
discharge. We have identified a target POS rate of 40.6% and have
formed a Lean Six Sigma team to help to reach this goal.

3. Exercise 3
Testing a Theory
Use the data from Table 1 and conduct a hypothesis test to
determine if centralized teams impact POS collections.
To conduct a hypothesis test to determine if centralized teams
impact point of service (POS) collections, you can follow these
steps:

4. Exercise 4
Solution Categories
Based on the information provided, what could be the
affinity categories for the key drivers that impact POS
performance?
Based on the information provided, the affinity categories for the
key drivers that impact POS performance could be:
 Patient education and communication: This category could
include key drivers such as ensuring proper patient education
on benefits and liability and having accurate tools to help
estimate patient liability or responsibility.

5. Note:
This approved project assisted by DistPub.com Team. We
have removed (with **) private data due to privacy
policy. We take privacy very seriously. You can trust for
your privacy on DistPub.com
WhatsApp on +91 999 000 4174