One such process is Forecasting or “a collaborative process that estimates the volume of patients who will be served over a specific time period” (Langabeer & Helton, 2016, p. 107). …show more content…
117). Managers must analyze data collected and determine whether there is an issue of shortage, or of excess, and create a strategy to mitigate what is most often, a disruption in patient care. Circumstances identified ahead of time allow a manager to make adjustments necessary such as increasing labor, ordering new equipment or opening beds on another unit. Pharmaceutical leaders deal with nationwide medication shortages on a regular basis requiring changes in processes like how medications are dispensed and prioritized. (PHRMA, …show more content…
Best practices are those techniques and routines that utilizes substantiated processes in health care. (Perleth, M., 2001). Identifying best practice within the organization (internal benchmarking) or on data obtained from a peer organization (external benchmarking) can be beneficial when looking to improve outcomes, performance and increasing efficiency. (Amerinet, n.d.) It is advantageous to identify a method that may already be providing desired outcomes in a similar work environment. It can be cost effective from a financial aspect or from a time aspect to find a practice that already exists and works