Research an economic opportunity that might be available within your health care setting that will provide ethical and culturally equitable improvements to the quality of care.

You must first identify the setting in which you work, then you can identify the economic opportunities that exist within that environment that could lead to improvements of the care that are ethically and culturally fair. You may discover that the need is to increase the efficiency of one service or the patient could be better served by a technology not being utilized.

After identifying the opportunity you will need to give an overview of current conditions in healthcare, including how the problem affects staff and patients. You should then analyze the impact on the economy of your issue, and the way you plan to address it. Include in this analysis the cost and benefit of your initiative as well as the return on investment.

You should also consider the ethical and cultural implications of the initiative, and how it aligns with the organization’s mission and values. You might need to explain how your initiative is going to improve equity and access, as well as how it’s impacting the patients, the staff, or the community.

Include in your proposal a detailed action plan to implement the initiative. This should include timelines, specific roles and responsibilities as well as any resources required. Your proposal may include an evaluation to determine the success of your initiative.

Your proposal should conclude with a strong argument for your initiative. You can do this by demonstrating its ability to promote cultural and ethical equity, as well as reduce costs. It may be necessary to give examples of successful initiatives that were implemented in similar healthcare settings, or any data and research that support the efficacy of your initiative.

Your proposal should demonstrate that you have done thorough research, are able to write clearly, and can convince others. It will also show your knowledge of the ethical and economic challenges your setting faces, as well as your capability to come up with a solution.