Week 6 discussion 1 Uncertainly and the welfare of economics of medical care

Oct 4th, 2017
Anonymous
Category:
Business Finance
Price: $10 USD

Question description

Imagine that you run a nursing home facility in your area. Analyze and comment on the role public policy has in the economic aspect of running this type of health services center. Compare and contrast the economic challenges and incentives this type of health care model presents. What are some of the ways in which you could inform or signal potential consumers that your nursing home is of high quality? Evaluate the social-cultural issues that influence the consumers of this type of health service. Which of your proposed methods are most apt to be reliable signals that significantly communicate to consumers so they are able to make more informed decisions?

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(Top Tutor) agneta
School: University of Maryland
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Attached.

Running head: ECONOMICS IN HEALTH CARE SERVICES

Economics in Health Care Services
Institution Affiliation
Date

1

ECONOMICS IN HEALTH CARE SERVICES
Running any health facility is a very sensitive field because it concerns dealing with the
lives of people. Even though the general outcome after providing health care services is
generating profit in the economic setting, quality services mean a lot (Lee, 2009). The roles of
public policies in the economic aspect ensure that the services offered are authenticated and
performed at high standards by professionals. They also regulate health care markets so that they
offer services that don’t exploit citizens both in private a...

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