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MHA 618 Entire Course

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www.newtonhelp.com MHA 618 Week 1 DQ 1 Value and Consumer Preference MHA 618 Week 1 DQ 2 The Importance of Economics for Health Care Leaders MHA 618 Week 2 DQ 1 Finance, Risk, and Cost MHA 618 Week 2 DQ 2 Overinsured, Underinsured, and Uninsured MHA 618 Week 2 Assignment Feasibility Study Topic and Area of Interest MHA 618 Week 3 DQ 1 Demand Theory and Its Application MHA 618 Week 3 DQ 2 Appreciating Supply and Demand Analysis MHA 618 Week 4 DQ 1 Economic Analyses and Interventions MHA 618 Week 4 DQ 2 Pricing and Transparency MHA 618 Week 4 Assignment Concept Paper Submission MHA 618 Week 5 DQ 1 Inseparability of Markets and Regulations MHA 618 Week 5 DQ 2 Applying Game Theory to Strategy MHA 618 Week 6 DQ 1 Consumer Incentives


MHA 618 Week 6 DQ 2 Opportunism in Healthcare MHA 618 Week 6 Final Paper -------------------------------------------------------

MHA 618 Week 1 DQ 1 Value and Consumer Preference

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www.newtonhelp.com Value and Consumer Preference. Prior to engaging in this discussion, read Chapters 1 and 2 in the text and review any relevant Instructor Guidance. It is suggested that you also review the recommended articles to glean any helpful information. The idea that value depends on consumers’ preferences is often considered radical. In your initial post, analyze the economic theories that are germane to the provision of health services, and comment on how one or two specific model(s) might explain the framework or context of patient/consumer preference with regard to the health care services they have experienced. Compare and contrast economic challenges and incentives within health care’s organizational models that might influence patient preference. How would value (both in quality and impact of care) differ where you have increase in access and decrease in reimbursement rates set by most insurance companies? -------------------------------------------------------


MHA 618 Week 1 DQ 2 The Importance of Economics for Health Care Leaders

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www.newtonhelp.com The Importance of Economics for Health Care Leaders. Prior to engaging in this discussion, be sure to review the Chapters 1 and 2 in the text as well as any relevant Instructor Guidance. It is suggested that you also review the recommended articles to glean any helpful information. In the present paradigm, it has become evident that operational leaders and strategic leaders in health care must be able to appraise how economics impacts health care in the United States. Furthermore, it is critical successful leaders to possess an understanding of the variables and nuances that shape how supply and demand in this heavily regulated industry so they may observe trends and opportunities that lead to a functional organizational system. Imagine that you are a manager running a unit in a rehabilitation center. Up to this point, your primary population of payers has been elderly patients who come into the center for physical therapy. Recently, there has been a demographic shift in the community. A large number of your primary population has moved out of the area or died, which has caused a shift in your revenues. You have been tasked by your director to illustrate the cost and revenue numbers relative to insurance payouts to


ensure that your cost does not exceed your revenue. Drawing on your current professional expertise and understanding drawn from the required resources for this week, create an initial post in which you communicate how the potential payer mix relates economically to changing demographics in your given community. What potential solutions would you suggest to your director that might overcome the demographic shift? Analyze economic theories that are germane to your provision of services and identify one theory that might apply to this specific situation. -------------------------------------------------------

MHA 618 Week 2 Assignment Feasibility Study Topic and Area of Interest

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www.newtonhelp.com Feasibility Study Topic and Area of Interest. A detailed feasibility study is an essential element in the process of diligently assessing any health services business venture. According to data released by the Bureau of Labor Statistics, the health care industry is currently one of the fastest growing fields in the United States, and it is projected that the field will grow by 22 percent by 2018. This is compared to an 11 percent average growth rate for all other industries (United States Department of Labor, 2012). Whether you are considering medical service lines, an expansion


of your current operation, or any other type of health care business venture, a feasibility study is an essential planning tool for any future health care leader. In this assignment, you will be taking the first step toward the completion of your final assignment by settling on the topic for your feasibility study. Please read the Leff, et al (2005) article, “Hospital at Home: Feasibility and Outcomes of a Program to Provide HospitalLevel Care at Home for Acutely Ill Older Patients.� Reflect on the procedures and content found in the article to aid you in choosing and shaping a topic for your feasibility study. The topic you select should be of interest and meaningful to you and your career, and it must be related to health care delivery. Create a document that includes the following: Title: Proposed title for the feasibility study Topic: Topic of the feasibility study Description: A brief description (250-500 words) of how the proposal will impact the quality, availability, accessibility, and affordability of care List of Resources: A list of five scholarly sources that you plan to use as you complete your feasibility study. -------------------------------------------------------

MHA 618 Week 2 DQ 1 Finance, Risk, and Cost

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www.newtonhelp.com Finance, Risk, and Cost. Prior to engaging in this discussion, read Chapters 3 and 4 from the text review any relevant Instructor Guidance. It is suggested that you review the recommended resources to glean any helpful information. You are an associate director in a 300-bed hospital located in an urban area. For the purposes of your presentation, the location will be the closest city to your current residence (this may be your city of residence). A sum of money is available for investment in the facility. You have been tasked by the hospital CEO to present a possible investment scenario in which you renovate your existing facility, expand the current facility, or clinically integrate your electronic health records (EHRs). There is only enough money to fund one of the potential projects. Your primary sources of data and information may or may not be reliable. Please see the “Finance, Risk, and Cost� document for the data needed to create your presentation. In this discussion, you will be create a five-minute presentation using PowerPoint and Jing, Screencast-o-matic, or an alternative program with audio, wherein you propose one of the potential projects and defend its viability as the best option at the present time. Your PowerPoint presentation slides must include the following information: A basic design of the projected service/project (i.e., the option you are promoting) An analysis of the role of public policy in terms of your provision of health care services and provide justification of your choice


An explanation of the relevance of the current financial data in terms of the projected outcome of the project A compare and contrast discussion of the economic challenges and incentives related to your project Once you have created your PowerPoint presentation, use Jing, Screencast-o-matic, or an alternative program with audio, to create a screencast of your presentation with voiceover. Include a title for your presentation in the description box when you publish your screencast. The hospital CEO has limited your presentation time to three to five minutes, so you will need to incorporate as many characteristics of an effective speaker as you can within this timeframe. These characteristics may include but are not limited to storytelling, facts only, pace, and volume. Since there is no video of the presenter (just the presentation itself), you will not have the benefit of body language, so be sure to create a convincing screencast. Do not read your slides; rather, elaborate on your bullet points and/or financial maps within the slides. Copy and paste the URL to your screencast into your discussion board response section and attach your PowerPoint (.ppt) file to the post prior to submitting it. Your presentation must utilize at least two scholarly sources, in addition to your textbook, that are cited in APA format as outlined in the Ashford Writing Center. All sources used within the presentation must be cited properly on the slides and included on required reference slide, which will be the last slide of the PowerPoint presentation. Due to the time limit of your presentation, you are not required to speak or read through the reference slide. However, you must include your reference list within the discussion post along with the URL for your screencast and submit your PowerPoint presentation by attaching the PowerPoint (.ppt) file to your initial discussion post.


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MHA 618 Week 2 DQ 2 Overinsured, Underinsured, and Uninsured

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www.newtonhelp.com Overinsured, Underinsured, and Uninsured. Prior to engaging in this discussion, be sure to read Chapters 4 and 5 from the textbook and review the information included in the “Patient Protection and Affordable Care Act” detailed summary, the information provided on the U.S. Department of Health and Human Services website, and any relevant Instructor Guidance. Presently, the United States is a fragmented system that offers a misdistribution of “haves” and “have nots” which impact the cost of delivering health care. The United States is currently a nation of overinsured, underinsured, and uninsured people. In light of the passage of the Affordable Care Act (ACA), how do you see these issues being corrected so that a majority of the population has access to quality health care? In an initial post of 250-300 words, communicate the relevant aspects of the ACA that will impact these issues. Analyze and describe how the role of public policy will affect changes in this distribution. Evaluate and explain some of the social-cultural issues that might present potential problems as this plays out across the country. What


implications associated with the ACA might lead to a paradigm shift in the ways in which we view access to health care? -------------------------------------------------------

MHA 618 Week 3 DQ 1 Demand Theory and Its Application

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www.newtonhelp.com Demand Theory and Its Application. Prior to engaging in this discussion, please read Chapters 6 and 9 in the text and review any relevant Instructor Guidance. It is suggested that you review the recommended articles to glean any helpful information. In this discussion, you will be taking on the role of an associate director of a hospital who is considering the proposed opening of an urgent care clinic about 20 miles from your main campus. You have been charged with gathering demographic information that might affect the demand for the clinic and creating a presentation that will be delivered to the hospital CEO. Consider what data might be relevant and why. What would you want to show the CEO to prove that this project would be feasible for the organization? As with the “Finance, Risk, and Cost� discussion in Week Two, you will be creating a five-minute presentation using PowerPoint and Jing, Screencast-o-matic, or an alternative program with


audio, to present your findings on the feasibility of this project to your CEO. Today’s health care landscape is placing importance on the economics of health care. Reflecting on the exercises you have completed thus far and incorporating information from the text, analyze how demand theory applies to public policy and the economics of health services. What elements, responsive to the specific health care service demands of your given population, would you want to present as you develop a microeconomic model based on this proposed opening of an urgent care clinic? Your PowerPoint presentation slides must include the following information: Your basic microeconomic model of the projected service/project An analysis of the role that public policy plays in terms of your provision of health care services A justification of your model The relevance of the current financial data in terms of the projected outcome of the project A compare and contrast discussion of the economic challenges and incentives related to your project Once you have created your PowerPoint presentation, use Jing, Screencast-o-matic, or an alternative program with audio, to create a screencast of your presentation with voiceover. Include a title for your presentation in the description box when you publish your screencast. The hospital CEO has limited your presentation time to three to five


minutes, so you will need to incorporate as many characteristics of an effective speaker as you can within this timeframe. -------------------------------------------------------

MHA 618 Week 3 DQ 2 Appreciating Supply and Demand Analysis

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www.newtonhelp.com 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. -------------------------------------------------------

MHA 618 Week 4 Assignment Concept Paper Submission


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www.newtonhelp.com Concept Paper Submission. The primary purpose of the Concept Paper is to obtain instructor feedback to ensure that you are on track with the completion of your feasibility study. The complete instructions for the feasibility study can be found in Week Six of the online course. The Concept Paper is a draft version of your Final Paper with the initial list of relevant scholarly sources. In this draft, be certain to include and (at least) briefly address the content of the headings listed in the Final Paper instructions for Week Six. You must include a preliminary Strengths, Weaknesses, Opportunities, and Threats SWOT analysis for your chosen project. For further assistance, please view the Feasibility Study Template video and view the online article “Community Assessment,” both of which include specific information on elements of the SWOT analysis required for your final paper. Remember, your concept paper is a draft, NOT the final product. Submit your Concept Paper with the required headings to your instructor by the end of this week. Be sure to review the article, “Assessing the Feasibility, Performance of Geriatric Clinics,” for further information as you complete your assignment. Be certain to include your list of references with your draft.


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MHA 618 Week 4 DQ 1 Economic Analyses and Interventions

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www.newtonhelp.com 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. -------------------------------------------------------

MHA 618 Week 4 DQ 2 Pricing and Transparency


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www.newtonhelp.com Pricing and Transparency. Prior to engaging in this discussion, please read Chapter 11 in your text and review any relevant Instructor Guidance. It is suggested that you review the recommended articles to glean any helpful information. Analyze the role of the paradigm shift under the Affordable Care Act and discuss how transparency will play a greater role in pricing of health care. In your opinion, will consumers begin to demand increasing transparency in pricing? Provide at least one peer-reviewed reference outside of your textbook to support your position. Do you believe accrediting commissions (e.g., the Joint Commission) will demand greater transparency in pricing? How will these demands be weighted as compared to individual consumers’ demands? Again, be sure to cite research that supports your statements. -------------------------------------------------------

MHA 618 Week 5 DQ 1 Inseparability of Markets and Regulations

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www.newtonhelp.com 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. -------------------------------------------------------

MHA 618 Week 5 DQ 2 Applying Game Theory to Strategy

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www.newtonhelp.com Applying Game Theory to Strategy. Prior to engaging in this discussion, please read Chapter 16 in the text and review any relevant Instructor Guidance. It is suggested that you review the recommended articles to


glean any helpful information. Imagine that you own a pharmacy in your area. One of your competitors launches a “We will not be undersold� campaign, which promises consumers 150 % of any difference between its prices and the advertised prices of other pharmacies. Evaluate the social issues in your community as well as the economic culture that is influencing this type of pricing competition. Develop and describe a microeconomic model that is responsive to the service demands of your market. Based on your conclusions, how would you react to this situation and with what business strategy would you approach this? How might you apply game theory to the creation of your strategy? -------------------------------------------------------

MHA 618 Week 6 DQ 1 Consumer Incentives

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www.newtonhelp.com Consumer Incentives. Prior to engaging in this discussion, please read Chapter 12 in the text and review any relevant Instructor Guidance. It is suggested that you review the recommended articles to glean any helpful information. 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? -------------------------------------------------------

MHA 618 Week 6 DQ 2 Opportunism in Healthcare

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www.newtonhelp.com Opportunism in Healthcare. Prior to engaging in this discussion, please read Chapter 12 in the text, read the Rice (1997) and the Korda and Eldridge (2011) articles, and review any relevant Instructor Guidance. It is suggested that you also take a moment to review a few of the recommended articles to glean any potential helpful information. Opportunism in health care is especially perceptible in the health insurance markets. Consider the area in which you live, specifically your state and local communities. Evaluate the social-cultural issues that are influencing adverse selection in insurance markets. Propose some strategies for reducing adverse selection in health insurance within these markets. Develop a microeconomic model that is responsive to your local service demands. Communicate how these issues are relevant to


the economics of the greater U.S. health care system. What are the future implications with the Affordable Care Act? -------------------------------------------------------

MHA 618 Week 6 Final Paper

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www.newtonhelp.com Building on the work you completed in Weeks Two and Four, you will complete a feasibility study based on a pre- approved health care project of your choice. Using the feasibility study outlined in the Daniels and Dickson (1990) article as a model, and including a minimum of six other relevant resources and readings, create a 12- to15-page feasibility study that includes the following headings and supporting information: Evaluating Feasibility The concept of a feasibility study is central to viability, the “worth to the effort� ratio, and return on investment (ROI). What needs to be taken into consideration to create a feasibility study (e.g., human resources, community needs, technological advances, federal and state regulatory issues)? Within this section, you will research and design an economical health care service that is responsive to a given market. This research stems from understanding your target population and present need in health services. Furthermore, as you have seen from the Daniels and


Dickson (1990) article, you must appraise your human resources, capital investment, and how your effort will yield a return on investment from your facilities perspective as well as the intangible greater good of providing healthcare to a community.

Strategic Effect Analyze the role of public policy with regard to your project. What policies and processes should be in place to create an effective program? How will you measure the effectiveness of your program and your provision of health care services? Develop a microeconomic model that is responsive to the specific health care service demands of your target population. For example, the current trend of the medical home model, which allows for the coordination of care, allows for better communication among service providers as well as convenience for patients. Is the population a market priority? How does your program serve a need for your target population? Market Analysis Within this section you will identify the population demographics, who your competitors are, and whether or not a real need for the services you are proposing exists in the community. As you examine the demographic and population needs using Census data and other reliable sources, you must also consider what competitors, if any, exist in the present climate. This requires an evaluation of the present socioeconomic and cultural trends influencing how people make decisions in health care. In addition, in this analysis you will need to compare and contrast economic challenges and incentives among health care’s organization models. This comparison requires an understanding of past challenges and incentives that other organizations have implemented.


Financial Analysis This section includes the revenue, expenses, and net income. Compare and contrast economic challenges and incentives by finding and describing multiple sources of public and private funding (e.g., grants, donations, awards, special projects) for this project. Include a reference list for your funding sources that is formatted in APA as outlined in the Ashford Writing Center. Next, identify the funding constraints for each source. Include limitations of monies awarded, timing issues, fitting the needs of the funding sources, difficulties of connecting with private funders, etc. Finally, specify the internal ramifications of moving forward using SWOT analysis. What are the fixed and variable costs associated with your project? What are the annual maintenance and operation costs? Elaborate on how you arrived at your sensitivity analysis conclusions.

Operations Performance This section examines the incremental effect of how your proposed service will impact all aspects of health services. This portion of the study explores how the statistical data you have researched affects the proposed service in terms of efficiency and value. This can be difficult to measure initially. However, through incremental and ongoing evaluation of operations, you can begin to see what constitutes the best performance in this instance and how it serves the target population. In this section, you will further illustrate the incentives and challenges faced by a health organization and communicate the relevance of economics within the U.S. health care system as it pertains to your proposed services. Inpatient


If your proposed study has an inpatient component, this section will elaborate on volume of patients, types of payers, and how utilization rates impact your proposed study. In addition, you will further explain how your inpatient service will add value for patients and improve the financial viability of the institution. This section will require you to use both qualitative and quantitative data to justify the plan. Hospitals operate in terms of how many beds are occupied relative to how many are empty. Most CEOs want to see that a unit is running at near full capacity and that volume is increasing year to year. Analyze how your proposal will meet these demands by explaining the data you have collected and predicting potential financial outcomes. Finally, evaluate and explain how value-based care will impact your ability to maintain margins within this ly proposed service. Outpatient If your proposed study has an outpatient component, examine how admissions, revenue, and workflow of staff will improve the efficiency of your proposed service. Analyze how your outpatient service will add value for patients and improve the financial viability of the institution. Justify your plan with appropriate data. As stated in the inpatient section, the content here applies much the same way. However, the caveat for outpatient services lies in the ambulatory setting. This aspect should be most interesting under conditions created by the Affordable Care Act. The paradigm shift will be toward more preventative, primary, and outpatient care settings to reduce the numbers of patients being admitted to hospitals. Please explain how your proposal takes these conditions into consideration. In this section, you will further compare and contrast economic challenges and incentives among health care’s organization models in an outpatient setting. You will also further augment your design in an economic framework that is responsive to your market.


Outlook This section examines future implications of your proposed services and how they will impact the future health outcomes of the community and financial health of the services being provided. Analyze economic theories that are germane to the provision of your proposed health services. What adjustments might you need to make in terms of what the “unintended consequences� may be? For example, Baylor Hospital in Houston proposed and spent 250 million to create a brand hospital that currently stands empty because it was built during the U.S. economic downturn, the loan was no longer able to finance the construction, and the initial examination of its necessity did not play out as expected. Provide conclusions and implications of how your feasibility study fits within the larger context of the system of services currently being provided. How do they work with one another within the larger health care system? Finally, evaluate how your study will respond to market and design models that impact the community based on current regulatory and market needs. Finally, evaluate how your study will respond to market and design models that impact the community based on current regulatory and market needs. -------------------------------------------------------

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MHA 618  Education Your Way/newtonhelp.com  

For more course tutorials visit www.newtonhelp.com MHA 618 Week 1 DQ 1 Value and Consumer Preference MHA 618 Week 1 DQ 2 The Importance of...

MHA 618  Education Your Way/newtonhelp.com  

For more course tutorials visit www.newtonhelp.com MHA 618 Week 1 DQ 1 Value and Consumer Preference MHA 618 Week 1 DQ 2 The Importance of...

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