RD Exam - Domain 3 Topic E

Which analysis is carried out first?

• Cost/effectiveness analysis

• Cost/benefit analysis

Answer explanation

The cost/benefit analysis first determines if the intervention is worthy of completion. The cost/effectiveness analysis then assumes that the goal of the project is worthwhile to then carry out the analysis of which intervention method is the most effective.

When looking at an employee wellness program from the perspective of a cost/benefit analysis, what type of benefit is increased employee productivity.

Answer explanation

Direct benefits of a cost/benefit study include weight changes, dietary alterations, and changes in functioning of body d/t altered diet intake while indirect benefits of a cost/benefit study include decreased LOS and decreased readmission rates.

Select which example would be a direct benefit from a cost/benefit analysis

• increased energy

• improved mood

• lower blood pressure

• decreased stress

Answer explanation

Direct benefits are those medical expenses saved because of prevention or treatment of the disease or illness. Indirect benefits are those associated with productivity gains because of prevention or treatment. (CDC)

Which questions does a cost/effectiveness analysis aim to answer?

• Is this project worthwhile?

• For whom does this project work for?

• What works best for this project?

• At what cost does this project work effectively?

Answer explanation

Remember, when completing a cost/effectiveness analysis, we are assuming that the project is worthwhile since this analysis would follow a successful cost/benefit analysis

How does cost/benefit analysis differ from cost/effectiveness analysis?

• Cost/benefit analysis is more focused on financial outcomes

• Cost/effectiveness analysis is quicker to perform

• They are essentially the same

Provide an example of an indirect benefit that could be referenced when trying to implement an employee wellness program into an IT firm.

Answer explanation

increased productivity, decrease healthcare expenditures, decreased crime, etc.

The supervisor at a wellness firm is analyzing whether motivational interviewing or cognitive behavioral therapy is more effective, in terms of value, in helping clients achieve nutritional goals. What type of analysis is this? (Cost/___ analysis)

A clinical director is trying to figure out if implementing a new admissions process would lead to increased patient satisfaction. This is an example of what type of analysis? (cost/___ analysis)

Your colleague wants to know how their quizizz impacted their students' test scores last week. What do you suggest your colleague to complete?

• Quality management report

• Cost-benefit analysis

• Cost-effectiveness analysis

• Audit

Answer explanation

An audit is a formal study that retrospectively monitors performance. "Did the performance meet the standards?"

Which management approach can be described by the words: processes, improvement, customer satisfaction

• Total quality management (TQM)

• Continuous quality improvement (CQI)

• PDCA cycle

• PDSA cycle

Answer explanation

TQM is a philosophy where processes are refined with the goal of improving performance in response to customer needs and expectations