A key question that we will examine throughout this course is how health care professionals can effectively address the trade-off between cost, quality, and access of health care. What happens to quality and access when we attempt to make health care less expensive?
A key question that we will examine throughout this course is how health care professionals can effectively address the trade-off between cost, quality, and access of health care. What happens to quality and access when we attempt to make health care less expensive? If quality increases, must costs increase as well? If access is increased, what are the impacts on costs and overall quality?
Instructions
For your main post:
Investigate the concepts of the “Triple Aim” and the “Iron Triangle” and provide your thoughts on whether or not it is possible to have a low-cost, high-quality, wide-access health care system..
Provide historical perspectives related to how the United States has addressed health care spending, delivery, and quality.
Include references in current APA style and format for all your sources.
Response Guidelines
Read and respond to the main posts of at least two peers as early in the week as possible to ensure the development of quality conversation and depth of learning.
In your responses, address the following:
Explain and justify whether or not you agree with your peer’s thoughts on the feasibility of having a low-cost, high-quality, wide-access health care system.
Discuss what you found interesting or helpful in their discussion posts.
Learning Components
This activity will help you achieve the following learning components:
Examine historical perspectives related to how the United States has addressed health care spending, delivery, and quality.
Discuss the feasibility of a low-cost, high-quality, wide-access U.S. health care system.
DQ2 Key Economic Concepts
Introduction
Considering the overall complexity of economic theory, it may come as a surprise to some that a relatively small number of key concepts guide overall economic thought. This discussion will help you to become more familiar with these concepts.
Instructions
Given the key economic concepts of scarcity and choice, opportunity cost, marginal analysis, self-interest, markets and pricing, supply and demand, competition, efficiency, market failure, and comparative advantage, define your assigned concepts (below) and discuss their overall value to health care management professionals.
Learners with last names beginning with letters A–F, focus on the following economic concepts:
Scarcity and choice.
Opportunity cost.
Marginal analysis.
Self-interest.
Learners with last names beginning with letters G–O, focus on the following economic concepts:
Markets and pricing.
Supply and demand.
Competition.
Learners with last names beginning with letters P–Z, focus on the following economic concepts:
Efficiency.
Market failure.
Comparative advantage.
Include references in current APA style and format for all your sources.
Response Guidelines
Read and respond to the main posts of at least two peers as early in the week as possible to ensure the development of quality conversation and depth of learning. If possible, respond to learners who discussed economic concepts different from yours.
In your responses, address the following:
Comment on the connections your peers made between their assigned concepts and the value they provide to health care management professionals.
Share your personal thoughts and opinions on the most interesting aspect of the information in your peers’ posts. Compare and contrast your own findings with that of your peers.
Learning Components
This activity will help you achieve the following learning components:
Define key economic concepts.
Discuss the value of key economic concepts to health care management.
BUS4122 Health Care Economics
Unit 2 Discussion
DQ1 Relevance of Economics in Health Care
Introduction
Economics involves the study of scarcity, and of how people use resources, respond to incentives, and make decisions. Economics can also be used to help understand historical trends, interpret today’s headlines, and make predictions about the coming years.
Instructions
For your main post:
Discuss how an understanding of economics is beneficial to health care management professionals.
Provide at least two examples of how economics is used in the health care field.
Include references in current APA style and format for all your sources.
Response Guidelines
Read and respond to the main posts of at least two peers as early in the week as possible to ensure the development of quality conversation and depth of learning.
In your responses, address the following:
Explain and justify whether or not you agree with their thoughts on the benefits of economics.
Discuss what you found interesting or helpful related to the examples they provided.
Learning Components
This activity will help you achieve the following learning components:
Identify ways in which economics is used in the health care field.
Discuss the relevance of economics to the health care management professional.
DQ2 Economic Evaluation in Health Care
Introduction
A spending crisis within the health care field requires health care managers to continually search for ways to shift spending from services of minimal economic value to those with high cost-effectiveness or net savings. Prioritizing services that produce the greatest health benefits for the dollars spent is at the heart of economic evaluation.
Instructions
For your main post:
Discuss the importance of economic evaluation and the various types of economic evaluation.
Considering the cost-savings potential of preventive care, use economic evaluation to take a stance for or against the value of preventative care.
Include references in current APA style and format for all your sources.
Response Guidelines
Read and respond to the main posts of at least two peers as early in the week as possible to ensure the development of quality conversation and depth of learning.
In your responses, address the following:
Explain and justify whether you agree with their thoughts on whether or not it is possible to have a low-cost, high quality, wide access health care system.
Take an opposing view of one of your peer’s positions on the value of preventative care. Use economic evaluation principles to defend your view.
Learning Components
This activity will help you achieve the following learning components:
Describe types of economic evaluation.
Use economic evaluation principles to justify a position for or against the value of preventative care.
Discuss the role of economic evaluation in health care management.
BUS4122 Health Care Economics
Unit 3 Discussion
Spending and the Production of Health
Introduction
It is no secret that the United States spends more money on health care than any other nation in the world. You may expect that we would be the healthiest because of this spending; however, we are not. In fact, we are far from it!
Instructions
For your main post:
Discuss why the United States spends the most on health care but does not have the healthiest population.
Medical care spending is not the only thing that improves health. Identify and discuss other factors that affect health status and how these factors relate to the overall health status of the United States.
Include references in current APA style and format for all your sources.
Response Guidelines
Read and respond to the main posts of at least two peers as early in the week as possible to ensure the development of quality conversation and depth of learning.
In each response, address the following:
Comment on your peer’s findings related to the United States’ spending on health care related to the population’s overall health status.
Identify a factor (outside of medical care spending) that your peer did not discuss and suggest why it would be an important element to include.
Learning Components
This activity will help you achieve the following learning components:
Discuss the relationship between health care spending and outcomes in the United States.
Identify factors other than medical care spending that affect the overall health status of the U.S. population.
BUS4122 Health Care Economics
Unit 4 Discussion
DQ1 Policy and Population Health
Introduction
Population health is both a social and political concept that has the overall goal of prolonging life, improving health, and enhancing quality of life within populations. These goals are achieved through health promotion, disease prevention, and other forms of health policy interventions.
Instructions
For your main post, choose one of the following “break out topics” from this week’s studies in your Health Economics and Policy textbook. Discuss the issue you selected and how economics and policy play a role in addressing it.
“SuperSize Mine” (p. 180).
“The Cost of Obesity” (p. 188).
“Are Cigarette and Alcohol Consumption Sensitive to Price Increases?” (p. 198).
“Alcohol Consumption and Traffic Deaths: The Case for Higher Excise Taxes” (p. 199).
“The Question of Drug Legalization” (p. 200).
“The Impact of a Trans Fat Ban on Health” (p. 203).
Find at least one additional outside source from research to support your discussion. Include references in current APA style and format for all your sources.
Response Guidelines
Read and respond to the main posts of at least two peers as early in the week as possible to ensure the development of quality conversation and depth of learning.
In your responses, address the following:
Provide additional insight to your peer’s post. The goal here is to contribute to their discussion, providing supportive information or possibly filling in some gaps of key information that would help to better support their points.
Find an additional supportive piece of research to complement the one provided by your peer.
Learning Components
This activity will help you achieve the following learning components:
Describe issues of population health in the United States.
Discuss the role of economics and health policy interventions in addressing specific population health issues.
DQ2 Socioeconomic and Environmental Impacts on Health
Introduction
When analyzing the health of a population, there are many factors that economists must take into consideration. Two of the key elements are socioeconomic factors (income, wealth, education, employment, and social support), and environmental factors (urban design, food access, clean air and water, safety, and culture).
Instructions
For your main post:
Focus on either socioeconomic or environmental factors and discuss their impacts on health. Share an example from research related to your factor to clearly demonstrate how health is impacted.
Discuss a current public policy or policy consideration and its relevance to your chosen factor.
Include references in current APA style and format for all your sources.
Response Guidelines
Ask questions and answer a question (see below) as early in the week as possible to ensure the development of quality conversation and depth of learning. Try to spread out your questions and answers among different posts; however, multiple questions and answers to a single post are allowed.
In your responses, address the following:
Questions: Choose posts from two of your peers and ask clarifying or probing questions related to their discussions.
Answer: Answer a question posed by one of your peers. The first priority would be to answer a question directed to your main post. If no one responded to your post with a question, you can answer a question directed to one of your peer
Learning Components
This activity will help you achieve the following learning components:
Describe the impacts of socioeconomic and environmental factors on health.
Discuss the relevance of current public policy or policy considerations to socioeconomic and environmental factors.
BUS4122 Health Care Economics
Unit 5 Discussion
Hospital, Physician and Pharmaceutical Markets
Introduction
The term market broadly refers to a situation where consumers and producers interact (directly or through intermediaries) to trade goods and services. Three markets are introduced in this unit’s studies: hospital, physician, and pharmaceutical.
Instructions
For your main post:
Provide a brief overview and history of the hospital, physician, and pharmaceutical markets.
Identify the market you currently work in (if any) and which one you would ultimately like to become a leader within.
Provide insight into current economic and/or policy issues within these markets. An example may be direct-to-consumer advertising within the pharmaceutical industry and its impacts on the various markets. Another focus could be the shortages of physicians or the fact that almost 75% of the world’s research and development spending on pharmaceuticals is done by the United States.
Include references in current APA style and format for all your sources.
Response Guidelines
Read and respond to the main posts of at least two peers as early in the week as possible to ensure the development of quality conversation and depth of learning.
In your responses, address the following:
Comment on your peer’s discussion, highlighting points of interest. Identify any questions you have or feel free to address a specific concern.
Learning Components
This activity will help you achieve the following learning components:
Explain the impacts of key historical events on health care markets.
Examine current economic and policy issues within health care markets.
BUS4122 Health Care Economics
Unit 6 Discussion
DQ1 Informational Interview: Initial Plans
Introduction
Informational interviews provide an opportunity to expand your knowledge and awareness of how the theories and concepts presented in an academic course play out in direct application in the field. Over the next few weeks (in preparation for your Unit 8 assignment), you will need to interview a health care professional within one of the following markets: physician, hospital, or pharmaceutical.
Completion of this discussion and the feedback you receive will help you prepare for your upcoming informational interview assignment.
Instructions
For your main post:
Identify the market within the health care industry that you are interested in focusing on (physician, hospital, or pharmaceutical).
Identify the managerial candidate you have chosen for your interview and briefly describe his or her organization or department.
Identify how you plan to conduct the interview (in person, virtual, or phone).
Share the time and place of interview, if scheduled or already completed.
Share your interview questions.
Include references in current APA style and format for all your sources.
Response Guidelines
Read and respond to the main posts of at least two peers as early in the week as possible to ensure the development of quality conversation and depth of learning.
In your responses, address the following:
Comment and offer suggestions on your peer’s choice of interviewee, depth of preparation, and the quality and relevance of their interview questions.
Identify ideas that were shared that will help you prepare for your own interview.
You may wish to review How to Conduct an Informational Interview (linked in Resources) before responding to your peers.
Learning Components
This activity will help you achieve the following learning components:
Critique plans for informational interviews of health care management professionals.
Recommend ways to improve informational interview questions.
DQ2 Impacts of Cost Sharing and the Uninsured
Introduction
The number of uninsured Americans and the exorbitant costs of insurance are two of the top concerns of health care policy writers, economists, and managers.
Instructions
For your main post:
Describe the typical person in the United States who is without insurance and discuss whether or not the lack of insurance means the uninsured have no access to medical care.
Explain why health care insurance plans require patients to pay a portion of their medical expenses out-of-pocket.
Include references in current APA style and format for all your sources.
Response Guidelines
Read and respond to the main posts of at least two peers as early in the week as possible to ensure the development of quality conversation and depth of learning.
In your responses, address the following:
Comment on your peer’s discussion, highlighting points of interest. Identify any questions you have and feel free to address a specific concern.
Learning Components
This activity will help you achieve the following learning components:
Discuss issues related to uninsured individuals in the United States.
Explain why health care insurance plans require patients to pay part of their medical expenses.
BUS4122 Health Care Economics
Unit 7 Discussion
Informational Interview – Market Focus
Introduction
The purpose of this discussion is to follow up on your initial preparations for your informational interview, and to assure that you are on track for completing your informational interview assignment by the end of next week.
Instructions
For your main post:
After reading about health care markets in more depth, are you still satisfied with the market you chose to focus on for your informational interview? Why or why not?
If you have revised or plan to revise your interview questions or market choice based on last week’s discussion and your additional learning, please share those changes.
Response Guidelines
Read and respond to the main posts of at least two peers as early in the week as possible to ensure the development of quality conversation and depth of learning.
In your responses, address the following:
Comment on your peer’s discussion, highlighting points of interest. Identify any questions you have and feel free to address a specific concern.
Learning Components
This activity will help you achieve the following learning components:
Plan an informational interview of a health care management professional.
BUS4122 Health Care Economics
Unit 8 Discussion
The Economics of Global Health Care
Introduction
International comparisons indicate that other countries are doing more with less when it comes to health care. As the costs of health care delivery in the United States continue to soar, it has become necessary to “benchmark” with other countries abroad on how they deliver health care to their citizens.
Instructions
For your main post:
Select two OECD (Organisation for Economic Co-operation and Development) countries, and compare and contrast how those countries finance, structure, and deliver health care with the United States.
Provide several reasons why health care spending is higher in the United States than in other countries.
Response Guidelines
Read and respond to the main posts of at least two peers as early in the week as possible to ensure the development of quality conversation and depth of learning.
In your responses, address the following:
Comment on your peer’s discussion, highlighting points of interest. Identify any questions you have and feel free to address a specific concern.
Learning Components
This activity will help you achieve the following learning components:
Compare and contrast how the United States and other countries finance, structure, and deliver health care.
Explain why health care spending is higher in the United States than in other countries.
BUS4122 Health Care Economics
Unit 9 Discussion
DQ1 Informational Interview: Results
Introduction
By sharing your findings and overall knowledge gained from your professional interview based on your interviewee’s real-life experiences related to health care management, economics, and public policy, you are helping to enrich your peers’ understanding of the application of course content.
Instructions
For your main post, post your Unit 8 Informational Interview Report assignment as soon as possible for your peers to review.
Response Guidelines
Read and respond to the main posts of at least two peers as early in the week as possible to ensure the development of quality conversation and depth of learning.
In your responses, address the following:
Highlight details and insights gained from at least two of your peer’s reports and discuss the value of this information in relation to your current or future health care management career.
When reviewing interviewee comments related to their overall experience with economics and public policy and how often they use or are impacted by these in their day-to-day responsibilities, what stood out to you most about their comments? Did you notice any common trends in responses or unique outliers?
Learning Components
This activity will help you achieve the following learning components:
Discuss helpful information and insights for planning health care management careers.
Recognize how economics and public policy can impact the daily responsibilities of health care professionals.
DQ2 Topic of Interest Related to Health Care Reform in the United States
Introduction
Reform debate is frequently viewed as a struggle among competing ideologies, and the political battle that ensues tends to overshadow the practical implications of what policymakers are actually trying to accomplish. Regardless of these views, issues in the U.S. health care industry remain focused on the same key variables: quality, access, and affordability.
Instructions
For your main post, select a topic related to health care reform in the United States that interests you, discuss your interest in the topic, and explain why you think it is important to address.
Response Guidelines
Read and respond to the main posts of at least two peers as early in the week as possible to ensure the development of quality conversation and depth of learning.
In your responses, address the following:
Comment on your peer’s discussion, highlighting points of interest. Identify any questions you have or feel free to address a specific concern.
Learning Components
This activity will help you achieve the following learning components:
Analyze current issues in the U.S. health care industry related to quality, access, and affordability.
BUS4122 Health Care Economics
Unit 10 Discussion
Topic of Interest Related to Entitlement Programs
Introduction
Annual spending on Medicare and Medicaid has soared to over $1 trillion, requiring more public funds than any other program and making them the largest health insurance plans in the United States. Although support for these two programs is strong, many question how long they can survive in their current form.
Instructions
For your main post, select a topic of interest related to Medicare and/or Medicaid, discuss your interest in the topic, and explain why you think it is important to address.
Response Guidelines
Read and respond to the main posts of at least two peers as early in the week as possible to ensure the development of quality conversation and depth of learning.
In your responses, address the following:
Comment on your peer’s discussion, highlighting points of interest. Identify any questions you have and feel free to address a specific concern.
Learning Components
This activity will help you achieve the following learning components:
Analyze topics related to Medicare and Medicaid spending and viability.
DQ2 Course Reflection, Experiences and Learning
Introduction
Thoroughly understanding the application and impacts of health care economics and policies from a health care management perspective requires deep reflection on facts, ideas, and concepts. As a busy learner, it can be a challenge to find the time to reflect in order to digest what you have learned and experienced as you move quickly from one unit to the next. However, doing so will help you gain clarity as well as self-knowledge regarding personal application of the concepts and theories you have explored throughout the quarter.
Instructions
For your main post:
Discuss an important insight, idea, concept, or body of information gained from your studies in this course.
Discuss something you learned that is immediately applicable in your current or future business management career.
Discuss a topic, article, author, or publication that sparked your interest for further research.
List, with links, resources from the course that you would like to revisit for future use in your studies and your career.
Include references in current APA style and format for all your sources.
Response Guidelines
Responses to posts in this discussion are recommended, but optional; you are not required to post responses. If you do respond to peers’ posts, you may wish to comment on their learning experiences or provide feedback on the topics and resources they chose for further research and future use.
Learning Components
This activity will help you achieve the following learning components:
Reflect on insights and information gained from this course and how you may apply them.
Collate health care management resources for future academic or professional development.
BUS4122 Health Care Economics
Unit 3 Assignment
Memo: Relevance of Health Care Economics
Preparation
Read the following scenario before completing this assessment. Feel free to conduct your own search in the Capella library and on the Internet to find scholarly or professional resources to support your discussion.
Scenario
In this scenario, assume you are in the role of a mid-level manager within a large health care organization. In order to support continuous improvement and career development, your organization requires you to annually choose a professional development focus, justify the relevance of this focus, and then set related goals for the knowledge you want to obtain.
To finalize this process, you must submit a detailed memo to the organization’s human resource department detailing the above information. This year you have chosen to focus on the relevance of increasing your knowledge of and expertise in health care economics to your career as a health care manager.
Requirements
Write a formal 3–4-page business memorandum (memo) to submit to the human resource department. In your memo:
Communicate your professional development focus by writing professional development goals focused on increasing your knowledge of health care economics from a health care management perspective.
Communicate key concerns related to the uncertain future of health care in the United States, considering the trade-off between cost, quality, and access of health care and how economics can help you better prepare for these concerns as a health care manager.
Discuss the relevance of key economic concepts to health care markets, systems, and health care professionals. Cover concepts such as scarcity and choice, opportunity cost, marginal analysis, self-interest, markets and pricing, supply and demand, competition, efficiency, market failure, and comparative advantage.
Discuss how you plan to use and benefit from economic evaluation techniques in health care decision making.
Identify and provide annotative detail on a variety of useful journals, professional associations, conferences, and other resources that would help you increase your knowledge of health care economics. The annotative details should explain why you chose the source (its value) and how it ties into your professional development goals.
Use language that will help to convince the human resource department that you have made a viable choice for your professional development. Write clearly, effectively, and professionally, using current APA style to cite and reference any resources used.
Additional Requirements
Written communication: Should be clear, concise, well organized, and free of errors that detract from the overall message, as expected of a business professional.
Length: 3–4 double-spaced pages, excluding cover and reference pages.
APA formatting: Citations and references should be formatted according to current APA style. Refer to APA Style Central for guidance in using proper APA style. See the APA Style and Format section of the Writing Center for instructions on accessing and using APA Style Central.
Font and font size: Times New Roman, 12 point.
BUS4122 Health Care Economics
Unit 5 Assignment
Academic Research Paper: Health Demand and Population Health
Preparation
Conduct your own research for resources to support your discussion of the paper topics. You will need a minimum of 5 current scholarly or professional resources to support your discussion.
Requirements
Write a 6–8 page academic research paper covering the following topics.
Discuss factors that influence the demand for health care and the relationship between the demand for health care and individuals’ demand for good health.
Considering the most efficient ways to “produce health” and the incremental contribution of medical care to the production of health, discuss the health-production function, the various measurements (mortality, morbidity, quality of life) and determinants (income and education, environmental and lifestyle factors, genetics) of health status, and how they contribute to the overall production of health.
Explain the concept of population health and its importance to economists, policy makers, and health care professionals.
Discuss health outcome measures and health disparities and how they can be used to improve health care system quality and value.
Provide an analysis of international population health outcome metrics and disparities that can be utilized to make recommendations for improving health outcomes and disparities in the United States.
Discuss public issues and policies related to the demand for health, medical care, and population health.
Paper Structure
Structure your paper using the following format.
Title Page.
Introduction.
Section 1 – Demand for Health and Medical Care.
Section 2 – Production and Consumption of Health.
Section 3 – Population Health.
Section 4 – Global Metrics and Disparities.
Section 5 – Policy Issues.
Conclusion.
References.
Additional Requirements
Written communication: Should be clear, concise, well organized, and free of errors that detract from the overall message.
Length: 6–8 double-spaced pages, excluding title and references pages.
Number of citations: Cite at least 5 current scholarly or professional resources.
APA formatting: Citations and references should be formatted according to current APA style. Refer to APA Style Central for guidance in using proper APA style. See the APA Style and Format section of the Writing Center for instructions on accessing and using APA Style Central.
Font and font size: Times New Roman, 12 point.
BUS4122 Health Care Economics
Unit 7 Assignment
Presentation: Managed Care and the Health Insurance Market
Preparation
This assignment requires you to prepare and narrate (with audio) a PowerPoint presentation on the topic of health insurance and managed care. This is not a public speaking exercise, but rather an opportunity to learn and practice using a business management communication tool and technique.
In preparation for recording your presentation using Kaltura or similar software, complete the following:
If you have not already done so, set up and test your headset or built-in microphone, using the installation instructions provided by the manufacturer.
Practice using the recording device to ensure the audio quality is sufficient.
To polish your delivery, ?practice your presentation before recording it and do a test recording to ensure good audio quality.
Refer to the Guidelines for Effective PowerPoint Presentations (linked in the Resources) for tips on creating effective PowerPoint presentations.
Note: If you require the use of assistive technology or alternative communication methods to complete this assessment, please contact [email protected] to request accommodations.
Requirements
Using Kaltura or similar software, record an 8–10 slide (excluding title and references slides) PowerPoint presentation with audio recording on the topic of health insurance and managed care. Assume that you are preparing the presentation for a group of managers in a health care organization. Capture your audio comments (audio script) in the Notes on each slide and collated into a separate Word document. You will submit the Word document when you submit your recorded presentation.
Include the following:
Summarize the U.S. health insurance market, including its history, types of insurance, issues surrounding the uninsured, and where the industry is heading.?
Describe key aspects of managed care in the United States, including a brief history, types of managed care organizations, and the future of managed care.
Discuss various public policies or policy issues related to health insurance and managed care and the impacts they can have on health care organizations and professionals.
Explain how health care managers can apply economic concepts, principles, and theories to better understand a specified market and its issues.
Directions for making a Kaltura video are available in the Using Kaltura tutorial, linked in the Resources. Be sure to include visuals in your presentation such as charts, graphs, or other supporting images.
Uploading Your Presentation
Follow the Using Kaltura tutorial (linked in the Resources) to upload your presentation to the courseroom—look for the section titled “Embed a Recording Into the Courseroom.” Kaltura will produce closed captions in your video in approximately 24 hours. However, note that when you submit your presentation you must also attach and submit the Word document you created of your recorded presentation comments (audio script).
Additional Requirements
Communication: Presentation should be clear and well organized, with no technical writing errors, as expected of a business professional?.
Presentation length: Minimum of 8 slides and maximum of 10 slides, not including the title and reference slides.
Audio content: Include your audio comments in the Notes section of your PowerPoint slide show and in a Word document into which you have collated the slide notes (audio script).
Resources: At least three current scholarly professional resources. Include citations at the end of the presentation.
APA guidelines: Resources and citations are formatted according to current APA style and format. When appropriate, use APA-formatted headings.
Font and font size: Times New Roman, appropriate size and weight for presentation, generally 24–28 points for headings and no smaller than 18 points for bullet-point text. For PowerPoint tips, refer to the PowerPoint library guide linked in the Resources.
Submission: Upload and submit the PowerPoint presentation and the Word document
Refer to the Presentation: Managed Care and the Health Insurance Market Scoring Guide to ensure that your work meets the grading criteria for this assignment.
BUS4122 Health Care Economics
Unit 8 Assignment
Informational Interview Report: Health Care Market Analysis
Preparation
This assignment requires you to interview a health care manager to obtain and report information and insights about the market in which the manager practices. To prepare for this assessment:
Review the assignment requirements, below, and the scoring guide to understand what is required for this assessment.
Select a health care market (physician, hospital, or pharmaceutical) of interest to you.
Research the market and begin identifying the topics you want to focus on during your interview and the questions you plan to ask your interviewee.
Identify and secure an appointment to interview a health care manager in your selected market. Depending on the scope of your interview, plan to spend at least one hour in conversation. If possible, conduct the interview in person rather than by phone.
Finalize your interview questions.
Conduct the interview. Be sure to obtain permission from your interviewee if you want to record the conversation, and ask if you can contact the interviewee again if you need additional information or clarification.
Requirements
Once your interview has been completed, combine your research with the insight you gained from your interviewee in a 4- to 5-page business report that includes the following sections and content.
Title Page.
Include a standard title page.
Section 1 – Interviewee Introduction.
Introduce your interviewee. Identify and describe the organization they work for and their position.
Summarize your interviewee’s background, including how they became interested in working in the health care field, how long they have worked in the field, their various positions in and out of the field, and their educational path.
Discuss your interviewee’s overall experience with economics and public policy and how often they use or are impacted by these in their day-to-day responsibilities.
Section 2 – Market Analysis (Physician, Hospital or Pharmaceutical).
Analyze the health care market you chose, including significant historical events, its current issues, and future challenges.
Physician Market Topic Considerations: Physician shortages, defensive medicine, geographic distribution of physicians, how physicians respond to profit incentives.
Hospital Market Topic Considerations: Describe the different operating characteristics of the for-profit and the not-for-profit hospital. Is there a significant difference in quality and access between for-profit and not-for-profit hospitals?
Pharmacy Market Topic Considerations: Impact of patents on drug prices, public concern regarding the industry’s high profit margins, direct to consumer advertising, expenses of research and development, impact of price controls on the industry.
From an economic perspective, discuss how health care managers can apply economic concepts, principles, and theories to better understand this market and its issues.
From a public policy perspective, discuss current policies that impact this market and potential future policy initiatives related to this market.
From a management perspective, discuss key business management challenges this market is facing. Consider impacts of the uninsured, how to best achieve efficiency, impacts of insurance, supply and demand, competition, cost vs. quality vs. access, and cost containment.
Section 3: Summary.
In this section, summarize the key points of your analysis and key information that you learned and insights you gained from your interview. Discuss how what you learned from the analysis and interview will help you prepare for a career in management.
References Page.
Include a standard references page.
Additional Requirements
Report structure: Include a title page, references page, and sections as listed above. Refer to the Resources for helpful guidelines for formatting and composing a formal business report.
Written communication: Should be clear, concise, well organized, and free of errors that detract from the overall message, as expected of a business professional.
Length: 4–5 double-spaced pages, excluding title page and references.
APA formatting: Citations and references should be formatted according to current APA style. Refer to APA Style Central for guidance in using proper APA style. See the APA Style and Format section of the Writing Center for instructions on accessing and using APA Style Central.
Font and font size: Times New Roman, 12 point.
BUS4122 Health Care Economics
Unit 10 Assignment
Strategic Planning Resource Packet: Policy, Reform and Global Perspectives
Preparation
Read the following scenario and assignment requirements. Then conduct a search in the Capella library and on the Internet to find a minimum of 5 current scholarly or professional credible resources related to the topics of current and future impacts of public policies and health care reform on the U.S. health care system, and to help you better understand the health care systems of other Organisation for Economic Co-operation and Development (OECD) countries.
Scenario
Imagine that you are a manager for a consulting company that assists U.S. health care organizations in streamlining processes, driving business outcomes, and restructuring their organizations to better prepare for the uncertain future in U.S. health care. Your director has asked you to develop a strategic planning resource packet that your firm will use to assist clients in meeting the new demands of the rapidly changing health care environment. Your strategic planning resource packet needs to focus on current and future impacts of public policy and reform on U.S. health care, and on the potential application of lessons gained from other nations’ health care systems.
Requirements
Develop a 6–8 page resource packet addressing the following:
Explain the value of comparing international systems of health care delivery.
Describe approaches taken to effectively manage the health care systems of several OECD countries other than the United States, and how they could be applied to U.S. systems.
Discuss current reforms within the U.S. health care system, their key drivers, and the overall impacts they may have on health care organizations and managers.
Discuss the pros and cons of government-run, market-driven, and hybrid approaches to the U.S. health care system.
From both economic and policy perspectives, recommend steps health care managers can take to prepare for the uncertain future of health care in the United States.
Use economic terms and principles to explain key considerations that health care organizations must keep in mind when conducting strategic planning.
Be sure to organize your resource packet logically, and use headings and sub-headings as appropriate.
Additional Requirements
Written communication: Should be clear, concise, well organized, and free of errors that detract from the overall message, as expected of a professional management resource.
Length: 6–8 double-spaced pages, excluding cover and reference pages.
APA formatting: Citations and references should be formatted according to current APA style. Refer to APA Style Central for guidance in using proper APA style. See the APA Style and Format section of the Writing Center for instructions on accessing and using APA Style Central.
Font and font size: Times New Roman, 12 point.??
Refer to the Strategic Planning Resource Packet: Policy, Reform and Global Perspectives Scoring Guide to ensure that your work meets the grading criteria for this assignment.
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
