HCA 530 (HCA530)

HCA 530 Topic 6, Demand and Elasticity in Health Care Write the formula for price elasticity of demand and describe what it means.

HCA-530 Week 8

HCA-530 BUDGET PRESENTATION/HCA 530 Topic 3 Benchmark - Budget Presentation HCA 530 Topic 3 Benchmark - Budget Presentation HCA 530 Topic 3 Benchmark - Budget Presentation For this assignment, create a PowerPoint presentation that addresses the following: Imagine you are the director of Medical Imaging department in Northwest Memorial hospital and are tasked with presenting to the C-Suite about your department's operating budget. You need to describe the department priorities and capital ...

Compare and contrast the public interest and special interest theories that describe the motivation behind government intervention in the health care market. Which theory do you believe is the most accurate?

In the healthcare, the position of the long-run average cost curve is ……by a set of circumstances that includes the price of all inputs, quality, and patient case mix. Provide an example of a change that will cause the long-run average cost curve to shift down. Justify the validity of the example. In your response to peers, discuss whether you agree or disagree with the examples provided by your peers.

Which of the following types of costs would be the most challenging for a clinical department versus a nonclinical department: total cost, fixed cost, variable cost, average total cost, or marginal cost? Explain your reasoning.

Write the formula for price elasticity of demand and describe what it means. How would you expect the price elasticity of demand for healthcare to vary with health status? Would the demand for health care increase or decrease with an improvement in educational attainment in the community? Studies using macroeconomic data indicate higher income elasticity for health care. Does that make health care inferior, normal, or superior good? Explain. Describe the components of time cost in health car...

HCA530 Topic 2 Discussion Question 1 How would you react to a physician who wants the organization to purchase a new piece of technology that the competing hospital has so he can bring his patients to your hospital rather than the competition? What factors would you consider in evaluating the wisdom of supporting his request? HCA530 Topic 2 Discussion Question 2 Describe your preference between managing a fixed or variable expense department. Why ? What are the pros and cons of both ?