Exam Content
As a health care manager, you must be able to analyze financial and economic issues in the health care industry. In this assignment, you will demonstrate problem-solving skills as you choose an issue and address the financial impact in your analysis.
- Preparing for the Assignment:
Select 1 current financial or economic issue in the health care industry that you want to address.
- Assignment Directions
Write a 700- to 1,050-word paper about the financial or economic issue you selected in which you:
- Analyze the financial impact of this issue on the health care industry. Consider the following:
- What are the economic trends of the health care payment system?
- What are the supply and demand challenges for health care services?
- Why are costs increasing in the health care system?
- What regulatory issues are affecting, or will affect, the health care industry?
- Recommend at least 1 strategy to address the issue.
- Consider current strategies being used or presented for improving the issue.
- Discuss what you believe would be the outcome of these recommendations, if implemented.
- Pharmaceutical Cost
- Mergers & Acquisitions (M&A) in health care
- Disruption from established players and newcomers (think CVS, WalMart, Walgreens)
- Transitions in Payment/Reimbursement Models
- Provider Shortage
- Consumerism of health care
- Virtual or telehealth
- Increased patient responsibility (high insurance cost/deductibles)
- Baby Boomers
- Pricing transparency
- Electronic Health Records (EHR)
- Movement of health care service delivery from traditional settings toward more distributed settings
Here is an APA template specific for this assignment that may help. I’ve shared my two cents worth to help guide you as you tackle this assignment.
