Discuss the information value chain.
Sample information value chain: Data-Analysis-Information-Action-Outcomes Discuss the information value chain and each component within the chain. One way of conducting an analysis is “SWOT” (strengths, weaknesses, opportunities, and threats). Explain how you, as an administrator might analyze data, provide an example, and what you would do with that analysis According to Strome (2013), “there is often too much data generated through all the activities and systems within health care to use effectively” (p. 115). With that being said, discuss the important of indicators in quality and performance improvement, and how to create or choose indicators that are most effective for requirements of your healthcare organization. Discuss how you would prepare health care data for regulatory, compliance, licensure and/or accreditation bodies (provide at least one real-world example).