Week 4 diss 1 Economic Analysis and Interventions

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Economics

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Economic Analyses and Interventions

Prior to engaging in this discussion, please read Chapters 13 and 14 in the text and review any relevant Instructor Guidance. It is suggested that you review the recommended articles to glean any helpful information. Analyze and comment on economic analyses of health administrative innovations that are germane to the provision of health services. How have these innovations become more important in health care delivery within the context of the Affordable Care Act? Develop a list of similarities and differences between cost benefit analysis and cost effectiveness analysis as they pertain to specific health care service demands. Compare and contrast economic challenges and incentives as they relate specifically to cost benefit and cost effectiveness analyses.

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Running head: HEALTH ADMINISTRATIVE INNOVATIONS

Health Administrative Innovations
Student’s name
Institution Affiliation
Date

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HEALTH ADMINISTRATIVE INNOVATIONS

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HEALTH ADMINISTRATIVE INNOVATIONS
Over the last few years, healthcare services have undergone numerous changes especially those
brought about by the enactment of the Affordable Care Act. These changes have brought about
increased administrative costs to healthcare institutions and which cannot be merely mitigated by
adjusting the costs of healthcare services. Both private and publicly funded insurance programs
such as Medicare and Medicaid have continued to face difficult challenges on how to allocate
health care funds. To meet these costs in a manner which doesn’t lead to increase in the cost of
healthcare services, innovation especially that related to health care administration has played a
significant role (Singh & Lillrank, 2...

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