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

For this assignment, you will be creating a written proposal. Follow the instructions below. The first step for this assignment is to identify, within

For this assignment, you will be creating a written proposal. Follow the instructions below. The first step for this assignment is to identify, within your current employment division/area, an improvement project that can be implemented. You will identify the problem(s) and propose steps that can be taken to address the area that

The clinic is open with a treatment floor. We handle needles and bloodlines. Infection control and safety are among our paramount concerns. Write a 4

The clinic is open with a treatment floor. We handle needles and bloodlines. Infection control and safety are among our paramount concerns. Write a 4 page paper including: A description of your clinical site with examples of how it is a socio-technical environment. An identified quality, safety, or outcome issue A

Continue work on your personal strategic plan which is due at the end of the course.The strategic planning process may be referred to as institutional

Continue work on your personal strategic plan which is due at the end of the course.The strategic planning process may be referred to as institutional strategic planning, yet the same principles may be applied to personal/career strategic planning.Read Step Four.Frame your questions, identify the strategic areas you would like to

Instructions Choose a Leadership Assessment Test from the provided list. Take it, analyze the results, and write a short paper comparing those results

Instructions Choose a Leadership Assessment Test from the provided list. Take it, analyze the results, and write a short paper comparing those results with what you thought of yourself as a leader prior to taking the test. Include the summary/score/explanation from the testing site in the appendix. Provide the leadership

Write a 3-4 page paper: From your clinical site, choose a core measure to write a 3 – 4 page paper about. Include a description of the measure, how it

Write a 3-4 page paper: From your clinical site, choose a core measure to write a 3 – 4 page paper about. Include a description of the measure, how it is evaluated, and the results. Do you have recommendations for improvement? The paper, as well as all citations and references,

Project Management Tool Assignment The aim of this assignment is for you to select an appropriate project management tool for your DNAPCapstone project a

Project Management Tool Assignment The aim of this assignment is for you to select an appropriate project management tool for your DNAPCapstone project and create a timeline using the chosen tool. This will help you understand the benefitsand limitations of the selected tool in managing and completing your capstone project.

Develop an evidence-based plan for improving sepsis management. All citations and references must be formatted per the Publication Manual of the American

Develop an evidence-based plan for improving sepsis management. All citations and references must be formatted per the Publication Manual of the American Psychological Association 7th edition. Review the rubric to ensure your assignment meets the criteria. Please look over the rubric to make sure your assignment meets the criteria. Could you

Instructions Continue work on your personal strategic plan which will be due at the end of the course. The strategic planning process may be referred to

Instructions Continue work on your personal strategic plan which will be due at the end of the course. The strategic planning process may be referred to as institutional strategic planning, yet the same principles may be applied to personal/career strategic planning. Read Step 5. Develop the strategies to move your

Develop a core measure improvement/risk management plan. Include: Description of the core measure. How the measure is evaluated and current evaluation

Develop a core measure improvement/risk management plan. Include: Description of the core measure. How the measure is evaluated and current evaluation results. Regulatory agency or policy affecting the core measure. Evidence for intervention/action to improve the plan. TeamSTEPPS algorithm/outline for core measure improvement. Include the leader’s role in developing/implementing/executing the

This topic centers on enhancing leadership and management practices within a critical care setting. The project aims to elevate team performance, nurture

This topic centers on enhancing leadership and management practices within a critical care setting. The project aims to elevate team performance, nurture a supportive work environment, and improve patient outcomes by enhancing leadership competencies and refining management strategies. This objective perfectly aligns with the article’s focus on identifying impactful quality

Instructions Throughout the course, in each module, you have been working on developing the individual pieces of your personalized strategic plan for

Instructions Throughout the course, in each module, you have been working on developing the individual pieces of your personalized strategic plan for leadership development. This final project will serve as a culmination of those pieces, and should result in a realistic plan that you would be able to implement over

Take the self-assessment by Christine Porath found at to an external site.. After reading your results, save them in PDF format. Instructions Analyze

Take the self-assessment by Christine Porath found at to an external site.. After reading your results, save them in PDF format. Instructions Analyze the results and write a short paper (3-4 pages) comparing those results with what you thought of how well you demonstrate civility in your professional practice. Include

InstructionsConsider the leader’s role in quality improvement and EBP implementation, then write a brief paper elaborating on one of the following

InstructionsConsider the leader’s role in quality improvement and EBP implementation, then write a brief paper elaborating on one of the following strategic management components, providing specifics:ImplementingMonitoringInterveningEducatingInspiringRole modelingRequirementsSupport your assertions with 3 to 4 current (within 5 years), scholarly, peer-reviewed articles from the literature.The paper, as well as all citations and

Assignment Quality Improvement Project: PICOT Question Development Instructions For this assignment you will work to develop your PICOT

Assignment Quality Improvement Project: PICOT Question Development Instructions For this assignment you will work to develop your PICOT question. Assignment Resources Refer to: American Association of Ambulatory Care Nurses. (n. d.). Template for asking PICOT questions Links to an external site.for assistance with question development.

Instructions Write a short paper describing how the transformational leader may utilize outcomes measurement to facilitate system changes and programs

Instructions Write a short paper describing how the transformational leader may utilize outcomes measurement to facilitate system changes and programs resulting from legal or political influences. Provide an example of a system change at your clinical site. Describe how the leader would evaluate the success (or not) of the change.

Assignment Quality Improvement Project: Expand Practice Recommendations InstructionsExpand upon the outline for the QI project you proposed last week

Assignment Quality Improvement Project: Expand Practice Recommendations InstructionsExpand upon the outline for the QI project you proposed last week assignment.Refer back to Stausmire, J. M., & Ulrich, C. (2017). Using SQUIRE 2.0 as a guide for planning your quality improvement project. Critical Care Nurse, 37(6), 72-80 as needed. Refer back to Stausmire, J.

Instructions In a short paper provide an introduction to the quality improvement project you will be proposing at your clinical site. Provide historical

Instructions In a short paper provide an introduction to the quality improvement project you will be proposing at your clinical site. Provide historical information demonstrating the need for the project (including data), a brief overview of the project, and an outline for the implementation. Refer back to Stausmire, J. M.,

Instructions Develop a quality improvement plan proposal for your practicum site. Include: A well-described topic Current practice evaluation Recent

Instructions Develop a quality improvement plan proposal for your practicum site. Include: A well-described topic Current practice evaluation Recent quality data related to the project Appropriately formatted PICOT question Discussion relating to stakeholder support for the proposed project Steps to be implemented in the project Requirements Support information in the