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January 3, 2020

Adapting to Changes in Economic Conditions

APA, Health Care and Life Sciences

Answer each question in at least 250 words. Also for each question, at least two additional scholarly research sources related to this topic, and at least one in-text citation from each source be included. APA style is required for their writing assignments

Q1 Recessions commonly have a negative effect on the budgets of health care organizations as well as the personal finances of individuals. How has the most recent recession changed health care in your community? Have these changes been entirely negative, or are there positive results as well? Explain. What do you believe are the best strategies for your community to enact to support any positive changes and to offset the negative changes? Why?

Q2 Economic downturn commonly means less time in the hospital and greater demand for other services. How might health care leaders best create steady revenue streams amidst changing service requirements created by fluctuating economic conditions? Why? Can steady and sustainable revenue ever be fully achieved? Why or why not? To what extent does the notion of universal health care coverage influence the stability and sustainability of revenue streams for health care organizations? Why?

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