Appreciating Supply and Demand Analysis
Prior to engaging in this discussion, please review Chapters 6 and 9, read Chapter 10 in the text, and review any relevant Instructor Guidance. It is suggested that you review a few of the recommended articles to glean any helpful information. Supply and demand analysis aids health care leaders in ascertaining the effects of changes in policy on service lines that impact a community’s health (e.g., whether to expand existing services or perhaps close services). Identify and evaluate publicly available tools that provide data and assist in formulating the basic shapes of demand and supply curves. Communicate and elaborate on the relevance of these economic indicators in terms of pricing. Evaluate and comment on the social-cultural implications of value-based care.
