Economic Policies for Health Promotion, Wellness, and Prevention
Economic Policies for Health Promotion, Wellness, and Prevention
In the United States, the health care system emphasizes health promotion, wellness, and prevention as a strategy to improve population health and lower per capita spending. Around the world, however, health care systems vary considerably in terms of cost, quality, and provisions. For this Assignment, you explore the World Health Organization website and research health care in the United States and another country of your choice.
To prepare for this Assignment:
Review the World Health Organization (WHO), National Institutes of Health (NIH), and the Health System Tracker websites in this week’s Learning Resources. Research health care disparities between the United States and another country of your choice.
Compare economic policies for health promotion, wellness, and prevention programs in the United States and the country you selected. How are they different? What is the economic motivation for each?
Analyze implications of these economic policies and disparities. How does this relate to volume-based versus value-based health care?
Analyze how you might implement the policies from the country you selected in the United States (macro) and your own state (micro). Evaluate the influence of U.S. market conditions on the provision of health care.
Note: If you are an international student, reflect on how you might implement the policies from the country you selected into your own country and/or region.
The Assignment
In a 4- to 6-page paper, address the following:
Compare the economic policies for health promotion, wellness, and prevention programs in the United States and the country you selected. Include differences in approaches to wellness and prevention.
Analyze implications of these policies and disparities.
Analyze how you might implement the policies from the country you selected in the United States and your own state. Evaluate the influence of U.S. market conditions on the provision of health care.
Note: The paper should be 4–6 pages, not including the title and reference pages. Your Assignment must be written in standard edited English. Be sure to support your work with specific citations from this module’s Learning Resources and additional scholarly sources, as appropriate. See the rubric for additional requirements related to research and scholarly writing.
By Day 7
Submit your Assignment.
Submission and Grading Information
To submit your completed Assignment for review and grading, do the following:
Please save your Assignment using the naming convention “WK2Assgn+last name+first initial.(extension)” as the name.
Click the Week 2 Assignment Rubric to review the Grading Criteria for the Assignment.
Click the Week 2 Assignment link. You will also be able to “View Rubric” for grading criteria from this area.
Next, from the Attach File area, click on the Browse My Computer button. Find the document you saved as “WK2Assgn+last name+first initial.(extension)” and click Open.
If applicable: From the Plagiarism Tools area, click the checkbox for I agree to submit my paper(s) to the Global Reference Database.
Click on the Submit button to complete your submission.
MMHA6400 Healthcare Financial Management and Economics
Week 4 Assignment
Supply of Primary Care Workforce
To deliver health care services, an ACO needs to create a competent workforce that can provide health care to the patients that are in the ACO. Some integrated ACO entities already have employed physicians and mid-level providers that receive salaries from the organization, whereas other non-integrated ACO entities need to invest in external relationships with independent physicians and other providers. Since ACOs do not have managerial control over non-employed providers, additional controls and incentives may be necessary to ensure that efficiency is maximized. ACOs also need to consider the number and mix of specialists (e.g., family practice vs internal medicine) and mid-level providers (e.g., physician assistants and nurse practitioners) in delivering primary care services that can promote value. Maximizing value requires appropriate workforce decisions on supply and incentives to encourage providers to minimize costs. For this Assignment, examine the Week 4 Assignment document and consider the efficiency in the supply of health services.
To prepare for this Assignment:
Review the scenario and Week 4 Assignment document provided to you by the Instructor. Based on the financial data, conduct a financial projection (revenues, expenses, and profit) that analyzes the efficiency of the supply of health services.
The Assignment:
In a 2- to 3-page Word document that includes tables and/or calculations, make recommendations on the following: 1) number of physicians and nurse practitioners needed; 2) reimbursement method: salary or fee-for-service; 3) recommendations for financial incentives to address the challenges of supplier-induced demand and how to ensure efficiency. Interpret the net profit from the ACO contract based on your recommendations. Explain the rationale behind your recommendations, including the impact made by your financial calculations.
By Day 7
Submit your Assignment.
Submission and Grading Information
To submit your completed Assignment for review and grading, do the following:
Please save your Assignment using the naming convention “WK4Assgn+last name+first initial.(extension)” as the name.
Click the Week 4 Assignment Rubric to review the Grading Criteria for the Assignment.
Click the Week 4 Assignment link. You will also be able to “View Rubric” for grading criteria from this area.
Next, from the Attach File area, click on the Browse My Computer button. Find the document you saved as “WK4Assgn+last name+first initial.(extension)” and click Open.
If applicable: From the Plagiarism Tools area, click the checkbox for I agree to submit my paper(s) to the Global Reference Database.
Click on the Submit button to complete your submission.
MMHA6400 Healthcare Financial Management and Economics
Week 6 Assignment
Health Insurance Expansion
Health care market failures, such as adverse selection, can be addressed through government policy and regulation. By limiting barriers and providing access to health care through policy such as the health insurance expansion under the Affordable Care Act, policy makers can address failures and ensure adequate insurance coverage for healthy, unhealthy, and at-risk populations. For this Assignment, you examine the health insurance expansion policy and evaluate economic implications.
To prepare for this Assignment:
Analyze the rationale for health insurance expansion under the Affordable Care Act. How does health insurance expansion relate to the problem of adverse selection?
Consider the economic implications of health insurance expansion in the United States. What are the economic implications of health insurance expansions for health care organizations in your own state or region?
The Assignment:
In a 4- to 6-page paper, address the following:
Analyze the rationale for health insurance expansion. Include how health insurance expansion relates to the problem of adverse selection.
Evaluate economic implications of health insurance expansion in the United States. Include, specifically, how health insurance expansions might impact health care organizations in your own state or region.
Note: The paper should be 4–6 pages, not including the title and reference pages. Your Assignment must be written in standard edited English. Be sure to support your work with specific citations from this module’s Learning Resources and additional scholarly sources, as appropriate. See the rubric for additional requirements related to research and scholarly writing.
By Day 7
Submit your Assignment.
Submission and Grading Information
To submit your completed Assignment for review and grading, do the following:
Please save your Assignment using the naming convention “WK6Assgn+last name+first initial.(extension)” as the name.
Click the Week 6 Assignment Rubric to review the Grading Criteria for the Assignment.
Click the Week 6 Assignment link. You will also be able to “View Rubric” for grading criteria from this area.
Next, from the Attach File area, click on the Browse My Computer button. Find the document you saved as “WK6Assgn+last name+first initial.(extension)” and click Open.
If applicable: From the Plagiarism Tools area, click the checkbox for I agree to submit my paper(s) to the Global Reference Database.
Click on the Submit button to complete your submission.
MMHA6400 Healthcare Financial Management and Economics
Week 7 Assignment
Developing Financial Statements
All organizations, including those in the health care industry, need to make money to be profitable and survive. Financial statements, such as balance sheets, profit and loss statements, and cash flow statements summarize an organization’s profitability and overall financial status. For this Assignment, you practice developing three key financial statements using data from a medical center.
To prepare for this Assignment:
Review the Week 7 Assignment document provided to you by the Instructor. Examine the data from the medical center described in the document. Reflect on how you will use this data to develop a balance sheet, profit and loss statement (statement of operations), and cash flow statement (statement of changes in net assets). Refer to the course text for additional guidance.
The Assignment:
Complete a balance sheet, profit and loss statement (statement of operations), and cash flow statement (statement of changes in net assets) using the “Week 7 Financial Statement Excel Template”.
By Day 7
Submit your Assignment.
Submission and Grading Information
To submit your completed Assignment for review and grading, do the following:
Please save your Assignment using the naming convention “WK7Assgn+last name+first initial.(extension)” as the name.
Click the Week 7 Assignment Rubric to review the Grading Criteria for the Assignment.
Click the Week 7 Assignment link. You will also be able to “View Rubric” for grading criteria from this area.
Next, from the Attach File area, click on the Browse My Computer button. Find the document you saved as “WK7Assgn+last name+first initial.(extension)” and click Open.
If applicable: From the Plagiarism Tools area, click the checkbox for I agree to submit my paper(s) to the Global Reference Database.
Click on the Submit button to complete your submission.
MMHA6400 Healthcare Financial Management and Economics
Week 8 Assignment 1
Ratio Analysis
It is important to understand that when interpreting financial statements, the numbers alone may not provide the whole financial picture of an organization. Instead, you must analyze the statements using ratios, which are then compared to benchmarks across the health care industry. For this Assignment, examine the financial health of a community hospital.
To prepare for this Assignment:
Review the Week 8 Assignment 1 document provided to you by the Instructor. Examine the financial statements from the community hospital. Reflect on how you will use this financial data to calculate and analyze the organization’s financial ratios. Refer to Chapter 13 of Gapinski’s Understanding Healthcare Financial Management.
The Assignment:
Using the statement of operations and balance sheet for the community hospital, complete the “Week 8 Ratio Excel Template”.
By Day 7
Submit your Assignment.
Submission and Grading Information
To submit your completed Assignment for review and grading, do the following:
Please save your Assignment using the naming convention “WK8Assgn1+last name+first initial.(extension)” as the name.
Click the Week 8 Assignment 1 Rubric to review the Grading Criteria for the Assignment.
Click the Week 8 Assignment 1 link. You will also be able to “View Rubric” for grading criteria from this area.
Next, from the Attach File area, click on the Browse My Computer button. Find the document you saved as “WK8Assgn1+last name+first initial.(extension)” and click Open.
If applicable: From the Plagiarism Tools area, click the checkbox for I agree to submit my paper(s) to the Global Reference Database.
Click on the Submit button to complete your submission.
MMHA6400 Healthcare Financial Management and Economics
Week 8 Assignment 2
Break-Even Point Formulas
Before making hiring or purchasing decisions, health care organizations must consider whether the decision is financially profitable. By calculating break-even points, organizations are able to examine actual costs and make more sound financial decisions. For this Assignment, you use data from an imaging center and calculate break-even points.
To prepare for this Assignment:
Review the Week 8 Assignment 2 document provided to you by the Instructor. Examine the imaging center scenario. Reflect on how you will use the provided financial data to calculate break-even points. Refer to Chapter 11 of Gapinski’s Understanding Healthcare Financial Management.
The Assignment:
Given the imaging center scenario and financial data, complete the “Week 8 Assignment 2 Break Even Excel Template”.
To assist with your work related to Week 8 and Assignment #2 specifically, an Excel Tutorial has been provided which is intended to help you navigate the important skill (please check your volume settings). Breakeven Excel Tutorial:
https://mym.cdn.laureate-media.com/2dett4d/Walden/MMHA/6400/CH/mm/excel_tutorials/be.html
By Day 7
Submit your Assignment.
Submission and Grading Information
To submit your completed Assignment for review and grading, do the following:
Please save your Assignment using the naming convention “WK8Assgn2+last name+first initial.(extension)” as the name.
Click the Week 8 Assignment 2 Rubric to review the Grading Criteria for the Assignment.
Click the Week 8 Assignment 2 link. You will also be able to “View Rubric” for grading criteria from this area.
Next, from the Attach File area, click on the Browse My Computer button. Find the document you saved as “WK8Assgn2+last name+first initial.(extension)” and click Open.
If applicable: From the Plagiarism Tools area, click the checkbox for I agree to submit my paper(s) to the Global Reference Database.
Click on the Submit button to complete your submission.
MMHA6400 Healthcare Financial Management and Economics
Week 9 Assignment
Budgeting and Variance Analysis
Budgeting is an important activity within every health care organization. The particular challenges encountered, however, can vary depending on the type of organization. A state or federally funded organization, for example, will likely have a budget that is allocated to it, and it needs to follow specific guidelines on how the money can be used. A for-profit organization, by contrast, will typically have more influence and flexibility in setting up its budget and making choices on matters such as how much to spend on marketing, patient care, or incentives for employees.
In addition to preparing budgets, as a health care administrator, you must also be able to evaluate whether or not you have achieved your budget using variance analysis. This is important because variance analysis measures the differences between the budget and actual results, and provides administrators with a starting point for correcting financial performance. For this Assignment, you conduct a variance analysis for a health care organization.
To prepare for this Assignment:
Review the Week 9 Assignment document provided to you by the Instructor. Examine the budgeted and actual revenues and expenses for a hospital. Reflect on concepts of budgeting and variance. Refer to Chapter 5, Chapter 11, and Chapter 14 of Gapinski’s Understanding Healthcare Financial Management.
The Assignment:
Using the “Week 9 Assignment Budget and Variance Excel Template” address the following:
Determine the total variance between the planned and actual budgets for Surgical Volume. Is the variance favorable or unfavorable?
Determine the total variance between the planned and actual budgets for Patient Days. Is the variance favorable or unfavorable?
Determine the service-related variance for Surgical Volume.
Determine the service-related variance for Patient Days.
Prepare a flexible budget estimate. Present a side-by-side budget, flexible budget estimate, and the actual Surgical Revenues.
Prepare a flexible budget estimate. Present a side-by-side budget, flexible budget estimate, and the actual Patient Expenses.
Determine what variances are due to change in volume and what variances are due to change in rates.
By Day 7
Submit your Assignment.
Submission and Grading Information
To submit your completed Assignment for review and grading, do the following:
Please save your Assignment using the naming convention “WK9Assgn+last name+first initial.(extension)” as the name.
Click the Week 9 Assignment Rubric to review the Grading Criteria for the Assignment.
Click the Week 9 Assignment link. You will also be able to “View Rubric” for grading criteria from this area.
Next, from the Attach File area, click on the Browse My Computer button. Find the document you saved as “WK9Assgn+last name+first initial.(extension)” and click Open.
If applicable: From the Plagiarism Tools area, click the checkbox for I agree to submit my paper(s) to the Global Reference Database.
Click on the Submit button to complete your submission.
MMHA6400 Healthcare Financial Management and Economics
Week 10 Assignment
Capital Budgeting
There are many options to buy capital, including cash purchases, loans, leasing, and other forms of payment. Your goal as a health care manager is to determine which method is best for your organization, given its financial and organizational structure (i.e., for-profit or not-for-profit). Time value of money and net present value are two techniques that may help you determine how and when to invest in new capital. For this Assignment, you examine these concepts as they pertain to the health care industry.
To prepare for this Assignment:
Review the Week 10 Assignment document provided to you by the Instructor. Reflect on concepts of time value of money, net present value, internal rate of return, and purchasing options.
The Assignment:
Using the “Week 10 Assignment Capital Budget Excel Template” answer the questions provided in the week 10 assignment document.
To assist you with this task a Present and Future Values Excel Tutorial has been created (please check your volume settings) https://mym.cdn.laureate-media.com/2dett4d/Walden/MMHA/6400/CH/mm/excel_tutorials/pf.html
By Day 7
Submit your Assignment.
Submission and Grading Information
To submit your completed Assignment for review and grading, do the following:
Please save your Assignment using the naming convention “WK10Assgn+last name+first initial.(extension)” as the name.
Click the Week 10 Assignment Rubric to review the Grading Criteria for the Assignment.
Click the Week 10 Assignment link. You will also be able to “View Rubric” for grading criteria from this area.
Next, from the Attach File area, click on the Browse My Computer button. Find the document you saved as “WK10Assgn+last name+first initial.(extension)” and click Open.
If applicable: From the Plagiarism Tools area, click the checkbox for I agree to submit my paper(s) to the Global Reference Database.
Click on the Submit button to complete your submission.
MMHA6400 Healthcare Financial Management and Economics
Week 11 Project
Final Project – Business Plan
Business planning is a mapping of your vision for the future of an organization. As a health care administrator, it is important that you are able to create an effective business plan. For this Assignment, you examine the following scenario and develop a business plan for the organization.
Scenario:
St. Anne Hospital, a city-based non-profit community hospital, is looking at adding a diabetes treatment center (DTC) which will provide comprehensive diabetes care and education. This is in response to a population health needs assessment which identified a high rate of diabetes in the population surrounding the hospital. The population consists of 50% Hispanics, 25% Caucasians, 12% African American, and 13% recent immigrants from Northern Africa. Over 50% of the population is living within 200% or below of the poverty level. You have been asked to develop a business plan for the DTC which will be presented to St. Anne’s Board of Trustees.
The Final Project Assignment:
Using the “Week 11 Project Business Plan Template”, create a business plan (8–10 pages) that includes the following:
Executive summary
Program Overview
Location
Services
Other professional offerings
Staffing needs
Operating model
Market Profile
Market overview
Demand forecasting
Financial analysis
Capital requirements
Reimbursement model
Cost per patient visit
Pro forma (See Assumptions for Diabetes Treatment Center and Diabetes Treatment Center Business Plan Excel Template. )
Patient revenue
Operating expenses
Income from operations
Total expenses
Net cash flow
Note: The 8- to 10-page paper requirement, submitted as a Word document, does not include the title or reference pages. The pro forma should be included in the document by transferring the information from the Excel spreadsheet to the Word document. Your Assignment must be written in standard edited English. Be sure to support your work with specific citations from this module’s Learning Resources and additional scholarly sources as appropriate. See the rubric for additional requirements related to research and scholarly writing.
By Day 7
Submit your Project.
Note: Submit your Word document to the Week 11 Project Part 1 submission link. Submit your Excel spreadsheet to the Week 11 Project Part 2 submission link.
Submission and Grading Information
To submit your completed Assignment for review and grading, do the following:
Please save your Project using the naming convention “WK11ProjP1+last name+first initial.(extension)” or “WK11ProjP2+last name+first initial.(extension)” as the name.
Click the Week 11 Project Rubric to review the Grading Criteria for the Project.
Click the Week 11 Project link. You will also be able to “View Rubric” for grading criteria from this area.
Next, from the Attach File area, click on the Browse My Computer button. Find the document you saved as “WK11ProjP1+last name+first initial.(extension)” or “WK11ProjP2+last name+first initial.(extension)” and click Open.
If applicable: From the Plagiarism Tools area, click the checkbox for I agree to submit my paper(s) to the Global Reference Database.
Click on the Submit button to complete your submission.
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.
