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

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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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Discuss how each of these factors (inflation, changing population demographics, intensity, and technology of services) influence health care costs.

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– be sure to provide a meaningful response to at least two of your peers’ posts by the end of the week. In your responses to your peers, you might offer ways that individuals can mitigate a negative effect of these factors.

– you need to provide evidence to  support your statements.

– APA format.

first peer:  There are many factors that influence todays health care costs inflation effect the healthcare cost because as society grows the amount of people needing healthcare grow as well.  Inflation effects the cost of everything we buy and need, so naturally the cost of healthcare will go up as well.  The changes in population size, age and ethnicity effects the increase cost of care with the amount of people needing healthcare.  Technology of services effects the health care costs, because the cost of the equipment use for diagnosing health issues. We are using less people and more computers to assist with health care, for example at my job we used what we call Caravi, and instead of calling the on call doctor we use a computer.  We have access to a doctor 24 hours a day.  We actually take the computer in a patient room and they are able to talk with a live doctor and see the doctor face to face.  I’m sure the cost for equipment like this effects the cost of health care cost. 

Stanhope, M., Lancaster, J., & Stanhope, M. (2018). Foundations for population health in community/public health nursing. St. Louis, MO: Elsevier.

second peer: Health care costs are greatly influenced by many factors. In my opinion the greatest of these factors is the trickle effect of poverty. Impoverished persons seek less preventative care and typically have more health risks than those who are financially stable. Poverty leads to poor health and poor health leads to a less educated population. The community suffers when its residents lack education and quality affordable health care access. Often persons who cannot afford health insurances are forced to seek emergent care at hospitals that cannot turn them away based on their income. Hospitals and physicians write off their expenses and unpaid services. I recently read in an NPR.ORG the article entitled “The Gap Between Rich and Poor Americans’ Health is Widening”. It explains that the gap between the rich and the poor is spreading. This also includes the gap between the rising cost of living and minimum wage. It was likewise noted that in the most recent census quoted in this same article that most American’s felt as though their health was poor. This census compared to race, economic status, and gender differences. It found that those who reported the highest quality of health were rich Caucasian men whereas women and minorities struggled and deteriorated. Recent information also lent to greater studies of segregated neighborhoods and communities. Entire communities swiveled in declining health outcomes.

Neilson, Susie. 2018 June 28. Retrieved from https://www.npr.org/sections/health-shots/2019/06/28/736938334/the-gap-between-rich-and-poor-americans-health-is-widening

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Read chapter 12 of the class textbook and review the attached PowerPoint presentation once then answer the following questions;

1.  Mention and analyze diversity trends in the nursing and health care workforce.

2.  Compare and contrast diversity management and organization inclusion in health care.

3.  Mention and discuss the barriers to diversity in the nursing profession. Please mention and discuss the strategies to increase diversity.

4.  Find and discuss a reliable website that reports demographic information about the racial composition of the nursing profession.

INSTRUCTIONS:

As stated in the syllabus present your assignment in an APA format word document, Arial 12 font attached to the forum in the discussion tab of the blackboard titled “Week 12 discussion questions” and the SafeAssign exercise in the assignment tab of the blackboard.   It is mandatory to post your assignment in the SafeAssign exercise.  If the assignment is not posted there, I will grade the assignment as 0.  

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