economics

economics 150 150 Affordable Capstone Projects Written from Scratch

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.


 

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