Economic Issues In Health Care

400 words needed in 12 hours or less. References, APA. 

 
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Economics 19403921

 

Assessment #1: (15%)

As you learned in Week 1, health care spending is growing faster than overall growth in the economy (as measured by GDP) and by 2026 is expected to consume 20 percent of GDP.  In Week 2, the article by Hartman (et. al.) states that “the trade-offs required to finance health care spending have become increasingly challenging for both private and public payers.”

Given what you have learned from the course material in Week 1 and 2, discuss these trade-offs and how to evaluate them from an economic perspective.

Specifically, write a briefing report  (not just a standard essay) that does the following:

  1. From an economic perspective, explain why health care spending cannot grow greater than the overall growth in the economy for an extended period of time without adverse consequences. Identify what economic constraints overall and in the healthcare industry will occur if this happens.
  2. Identify TWO Economic concepts that can be used to evaluate the trade-off between health care and other economic goods and services. In doing this:
  • Define the economic concept completely
  • Apply the economic concept to the current issue of rising health care spending and trade-offs
  1. Evaluate the unique characteristics of health care that complicate this analysis.

Your briefing report should be at least four double-spaced pages, including a reference page, but excluding the required cover page.  In writing, your report you should rely largely on reference material in the readings in this course, and the summary slides from Week 1 and Week 2. 

 
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Economics 19414473

 

You just started working as a Health Service Manager within one of the following health care entities  First, (A) choose a health entity below to discuss the questions that follow:

  1. Ambulatory Surgery center
  2. Pharmacy
  3. Physician’s Office
  4. Cosmetic Surgery Center
  5. Laser Eye Center
  6. Dental Office

(B) Your boss has asked you to write a business memo  (not just a standard essay), addressed to your boss (assume that’s your Professor) detailing how the demand for your products or services is impacted by various economic factors.  In writing your business memo, use the regular business memo format (with the usual To, From, Date, Subject entries) be sure to include your name, and identify the health care entity you chose above, in the subject line. In order for your boss to easily review your memo, please include section headers to correspond to the questions below.

Answer the following questions relying primarily on the course readings and other resource material presented in this class (do not use or cite any other sources).

  1. Describe a product or service your company provides to your patients
  2. Evaluate the demand curve for your product and the relationship between the price of your service/product and the quantity demanded.

In this evaluation, be sure to identify:

  • whether demand is sensitive (e.g. elastic) or less sensitive (e.g. inelastic) to changes in the price.
  • evaluate why this elasticity of demand relationship might occur.
  • include a discussion of how the existence of health insurance would impact the elasticity of demand.
  1. Define “substitute” goods and identify potential substitutes for your product/service. Evaluate how the existence of such substitutes may impact the demand for your product/service.
  2. Define “complement” goods and identify potential complements for your product/service. Evaluate how does the existence of such complement goods may impact the demand for your product/service.
  3. Identify and discuss at least two economic factors that might lead to a shift in the demand curve for your product/service?

Apply the APA style format as you learned in HMGT 300. The assignment rubrics are the same as those used for Assignment 1.

 
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Economics 19438155

 

You just started working as a Health Service Manager for a health care company within a health industry or sector below:

  1. Pharmaceutical (generic drugs)
  2. Pharmaceutical (patented drug)
  3. Any physician specialty (e.g. cardiology, ophthalmology, etc.)
  4. Hospital (national Network)
  5. Small rural hospital

(A) First, choose a health industry or sector above and then answer the questions that follow below.

(B) Your boss has asked you to write a memo (not just a standard essay) detailing the factors impacting the supply of your product or services and how the market structure of the industry you selected impacts the quantity supplied and the pricing of your product or service. 

Answer Question #1 through #4, and Question #6 below relying primarily on the course readings and other resource material presented in this class. You can use external UMUC library resources to research government regulations impacting your industry in answering Question #5.  Cite and reference all resources used whether internal or external.

  1. Describe the product or service you supply to your patients.
  2. Identify the market structure of your industry and analyze the key characteristics of your industry that lead to your identification of this market structure.
  3. Given this market structure, evaluate how prices charged for your services/products are determined.
  4. Evaluate how does the existence of private and public insurance influence the revenues you receive for this service/product.
  5. Given the government regulations impacting the health industry that have been discussed in this class, identify and discuss a government regulation that has been implemented in this industry.
  6. Identify a market failure(s) discussed in class that government regulation attempted to address.

 In writing your memo, be sure to include your name, and the health care industry or sector that you chose in the subject line. In order for your boss to easily review your report, please include section headers to correspond to the questions above. The memo should be at least 4 double-spaced pages (excluding the cover page and reference pages). 

Apply the APA style format that you learned in HMGT 300. The grading rubrics are the same as that used to grade Assignments 1 and 2.

 
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Economics And The Health Care Delivery System

  

1. With all the money that is spent on health care in the United States, why is it that U.S. health care is not the best? What can nurses do to change this?

2. In your opinion, will the Affordable Care Act improve healthcare delivery system in the US?

~2 Paragraphs, APA format with citations as applicable.

 
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Economics Assignment 19420489

Look at the attached files, fill out the table please.

 
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Economics In Healthcare 18754121

  

Part I

Consider the four health plans below with an eye to choosing one to offer to the company’s employees. Assume that the health plans and their annual per employee premiums are as follows:

Health PlanPremium, IndividualPremium, Family

Aetna Health$4,555                           $11,428

MetroPlus $4,267                           $10,540

Empire        $4,217                           $10,767

Oxford        $6,029                           $13,417

The employer will pay 80% of the premium for individual coverage, and the employee will pay the remaining 20% as well as the entire additional premium for family coverage. (The premiums listed above, while realistic in magnitude, are hypothetical and computed solely for the purpose of this project.) All of the plans are managed care plans. Assume that the benefit package is the same across all plans, so there is no difference between them in what services are covered.

In addition to the above data, click here (https://www.health.ny.gov/health_care/managed_care/reports/quality_performance_improvement.htm#link3) to access the latest report for ‘Health Plan Comparison in New York State’. Review the online report and incorporate relevant information into your evaluation.

You can view the various categories of measures on which health plans are rated (e.g., Access to Care, Adult Living with Illness, etc.). Click each link for a summary chart that presents the performance (usually as a percentage score) of each plan in the group on the relevant measures and how each plan compares to regional and statewide scores.

Provide an analysis that outlines the plan you selected and why. Generally, you would select the plan with the highest score, but if you chose a plan with a lower score, explain why. Include the following elements in your analysis:

· Explain which factors (e.g., price and/or performance measures) were most important to your choice of plan and how you derived the weights for each factor you used.

· Indicate, on a scale of 1 to 10, how comfortable or confident you are that you made the right choice, with 10 being most confident.

Part II

You need to use the multi-attribute utility (MAU) technique to respond to the following questions. Although the technique can be performed with pencil and paper, it is recommended you use a Microsoft Excel to do the various calculations involved.

Click the following links to access the information on using the MAU technique:

· MAU Model

· MAU Example

· Compare your level of confidence at the time you completed Part I to your confidence level for Part II, when you used this decision aid.

· Was it helpful? What were its advantages and disadvantages?

Did it make the decision harder to make or easier to justify?

Resource:

Hahn, W.J., Seaman, S.L., & Bikel, R. (2012). Making decisions with multiple attributes. Retrieved from http://gbr.pepperdine.edu/2012/08/making-decisions-with-multiple-attributes-a-case-in-sustainability-planning/.

 
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Economics Of Health Carepolitics And The Lawiththe Health Care System

READ THOSE CHAPTERS FROM THE BOOK: COMMUNITY/PUBLIC HEALTH NURSING 6TH EDITION AND ANSWER THE FOLLOWING QUESTIONS:

  1.  Discuss the power of nursing to influence and change health policy.
  2.  Mention and discuss current health policy issues.
  3. Describe and discuss the organization of the public health care system at the federal, state, and local levels.
  4. Analyze the influence of socio-cultural, political, economic, ethical, and religious factors that influence the health and culturally diverse individuals, groups, and communities. 
 
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Ectopic Pregnancy 19363353

 

1.

Explain the pathophysiologic pro

cesses of select health conditi

ons.

2.

Predict clinical manifestations 

and complications of select dis

ease processes.  

3.

Correlate lifestyle, environmenta

l, and other influences with c

hanges in levels of wellness. 

 
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Ectopic Pregnancy

 ECTOPIC PREGNANCY

You are to do a power point presentation using the following headings below. Present a typical patient with this disease process and how they would present to the office and how you would work up, diagnose and treat. Pictures are encouraged. You will be graded on professionalism and content. Slides need to have Voice Over (Your voice giving the presentation on each slide) Max 20 slides and Max 10 Minutes. 

Presentations must include a Slides with the following information.

·       TITLE (slide 1)

·       DESCRIPTION  (Patient information)  (slide 2 etc.. and so on)

·       EPIDEMIOLOGY

·       ETIOLOGY

·       RISK FACTORS

·       ASSOCIATED CONDITIONS

·       HISTORY

·       PHYSICAL EXAM

·       DIFFERENTIAL DIAGNOSIS

·       TESTS

·       TREATMENT

·       PROGNOSIS

·       REFERENCES

Required Instructional Resources and Materials

Ball, J., Dains, J., Flynn, J., Solomon, B., & Stewart, R. (2015). Seidel’s Guide to Physical Examination (8thed.). St. Louis, MO: Elsevier Health Sciences.

Domino, F., Baldor, R., Golding, J., Stephens, M. (2017). The 5-Minute Clinical Consult 2017 (25thed.). Print (The 5-Minute Consult Series).

Pagana, K., &Pagana, T. (2009). Mosby’s manual of diagnostic and laboratory tests (9th ed.). St. Louis, MO: Elsevier Health Sciences.

 
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