Our Services

Get 15% Discount on your First Order

The Importance of Economics for Health Care Leaders Prior to engaging in this discussion, be sure to review the Chapters 1 and 2 in the text as well as any

July 23, 2024

The Importance of Economics for Health Care Leaders

Prior to engaging in this discussion, be sure to review the Chapters 1 and 2 in the text as well as any relevant Instructor Guidance. It is suggested that you also review the recommended articles to glean any helpful information. In the present paradigm, it has become evident that operational leaders and strategic leaders in health care must be able to appraise how economics impacts health care in the United States. Furthermore, it is critical successful leaders to possess an understanding of the variables and nuances that shape how supply and demand in this heavily regulated industry so they may observe trends and opportunities that lead to a functional organizational system.

Imagine that you are a manager running a unit in a rehabilitation center. Up to this point, your primary population of payers has been elderly patients who come into the center for physical therapy. Recently, there has been a demographic shift in the community. A large number of your primary population has moved out of the area or died, which has caused a shift in your revenues. You have been tasked by your director to illustrate the cost and revenue numbers relative to insurance payouts to ensure that your cost does not exceed your revenue. Drawing on your current professional expertise and understanding drawn from the required resources for this week, create an initial post in which you communicate how the potential payer mix relates economically to changing demographics in your given community. What potential solutions would you suggest to your director that might overcome the demographic shift? Analyze economic theories that are germane to your provision of services and identify one theory that might apply to this specific situation.

Health & Medical

Share This Post

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Complete the lab: https://media.capella.edu/CourseMedia/biofpx1000element22877/wrapper.asp Once you have answered all the questions download the

Complete the lab: Once you have answered all the questions download the document. By successfully completing this assignment, you will demonstrate your proficiency in the following course competencies and assessment criteria: Competency 1: Describe the organization of the human body. Explain the importance of a yearly eye exam. Explain why

Case Study AssignmentPrevious Next InstructionsHIPAA Hero: Securing Your Medical Practice Database As a Database Administrator (DBA) for a medical

Case Study AssignmentPrevious Next InstructionsHIPAA Hero: Securing Your Medical Practice Database As a Database Administrator (DBA) for a medical practice, you're a champion for patient privacy! You've implemented robust safeguards to comply with HIPAA regulations. But cybersecurity is an ongoing battle. Explore three additional practical measures you can take to further enhance

Part 1: Briefly describe your leadership style. Create a short, one-page infographic resume or poster to advertise your strengths. You can use an online

Part 1: Briefly describe your leadership style. Create a short, one-page infographic resume or poster to advertise your strengths. You can use an online tool or simply use the graphics capabilities of Word to create your infographic. Attached is an example! Part 2: Reflect on the leadership styles you’ve observed

Barriers for Your Target Audience [WLO: 1] [CLOs: 1, 3] In last week’s Target Audience assignment, each of you provided summary explanations of the

Barriers for Your Target Audience [WLO: 1] [CLOs: 1, 3] In last week’s Target Audience assignment, each of you provided summary explanations of the various factors that impact your target audience. In this week’s discussion forum, you will share those identified barriers with the class, seeking feedback on how to

Write a 4–6 page analysis of your previously selected (HYPERTENSION MANAGEMENT), including a proposed solution and possible ethical implications. For

Write a 4–6 page analysis of your previously selected (HYPERTENSION MANAGEMENT), including a proposed solution and possible ethical implications. For this assessment, you will analyze the same current healthcare problem or issue topic area you selected for Assessments 2 and 3 (WHICH ARE ATTACHED). To explore the chosen topic, use

In a 2- to 3-page paper, address the following: Briefly describe humanistic-existential psychotherapy and the second approach you selected. ( SECOND

In a 2- to 3-page paper, address the following: Briefly describe humanistic-existential psychotherapy and the second approach you selected. ( SECOND APPROACH IS COGNITIVE BEHAVIORAL THERAPY) Explain at least three differences between these therapies. Include how these differences might impact your practice as a PMHNP. Focusing on one video you

As the manager of the CTO Health Care Information Systems Department, you realize the need for seamless integration among all operating systems of the

As the manager of the CTO Health Care Information Systems Department, you realize the need for seamless integration among all operating systems of the departments within the healthcare organization (HCO). Discuss the importance of electronic health record (EHR) conceptual framework integration and achieving interoperability. Prepare a PowerPoint presentation for the

Create a poster for the workplace that illustrates the relationship between stress and disease. Migraine Headaches as the disorder- begin creating your

Create a poster for the workplace that illustrates the relationship between stress and disease. Migraine Headaches as the disorder- begin creating your poster in Microsoft Word, including the following elements: Provide a thorough description of the disease. Explain in detail how stress can contribute to the progression of the disease.

In a 3–5 page paper in APA format, describe the role of diversity, equity, and inclusion in healthcare and strategies for overcoming bias. This

In a 3–5 page paper in APA format, describe the role of diversity, equity, and inclusion in healthcare and strategies for overcoming bias. This assessment is an opportunity for you to analyze and have a better understanding of diversity, equity, and inclusion (DEI), and the importance of recognizing unconscious bias

Create a PowerPoint presentation on your experience with your selected coping strategy and relaxation technique. Attached will be the worksheet to base

Create a PowerPoint presentation on your experience with your selected coping strategy and relaxation technique. Attached will be the worksheet to base the relaxation techniques and coping strategies. You are now at your final assessment for this course. It’s time to revise the work that you put together for Assessment

Write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to

Write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. As the manager of the CTO Health Care Information Systems Department, you recognize that change management is critical to the success of the implementation

Identify and briefly describe the coping strategy and the relaxation technique you have chosen. Identify three or more stressors in your life that you

Identify and briefly describe the coping strategy and the relaxation technique you have chosen. Identify three or more stressors in your life that you can focus on during this course. Explain why your selected coping strategy and relaxation technique appeal to you. Describe how you will use the coping strategy

In your second assessment, you will focus on a particular marginalized group—this group may be marginalized by race, gender, ethnicity, ability, or

In your second assessment, you will focus on a particular marginalized group—this group may be marginalized by race, gender, ethnicity, ability, or something else. You will write a paper about how being a member of this marginalized group can both create and add stress to a person’s life, as well

For this assessment, you will apply the four ethical principles to your healthcare topic (selected in Assessment 2 which is attached), explain bias as it

For this assessment, you will apply the four ethical principles to your healthcare topic (selected in Assessment 2 which is attached), explain bias as it relates to your topic, and relate at least one of the Four Spheres of Care. Consider the ethical dilemmas healthcare professionals are faced with in

HIPAA Hero: Securing Your Medical Practice Database As a Database Administrator (DBA) for a medical practice, you're a champion for patient privacy!

HIPAA Hero: Securing Your Medical Practice Database As a Database Administrator (DBA) for a medical practice, you're a champion for patient privacy! You've implemented robust safeguards to comply with HIPAA regulations. But cybersecurity is an ongoing battle. Explore three additional practical measures you can take to further enhance your database

Which childhood characteristics have important implications for health system design? Which health services are currently available for children? Be sure

Which childhood characteristics have important implications for health system design? Which health services are currently available for children? Be sure that you utilize correct citations (APA style). DO NOT copy/paste from websites or other material. YOU MUST properly cite your sources. You have the potential to receive a 0 for

Columbia, Maryland Target Audience[WLO: 2] [CLOs: 1, 2, 3] In your Week 2 Justifying Community Needs assignment, you determined your community’s greatest

Columbia, Maryland Target Audience[WLO: 2] [CLOs: 1, 2, 3] In your Week 2 Justifying Community Needs assignment, you determined your community’s greatest needs. This week’s assignment will build on that effort by defining the population currently most affected by this community shortcoming and who will likely benefit when the disparity

Hypertension ManagementResearch your topic, and develop a written assessment, which includes an annotated bibliography to document your

Hypertension ManagementResearch your topic, and develop a written assessment, which includes an annotated bibliography to document your resources. Conduct research in the Capella library to find a total of three scholarly, peer-reviewed journal articles in relation to a selected healthcare problem. Link to Capella Library: Use APA formatting and