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Health Care Economics –

hcs552

(3 credits)

This courses focuses on the application of macro and micro economic tools to the health care industry. Content includes demand management; concepts of efficiency, production and distribution of health care services; impact of regulation and reimbursement; and economic incentives in health care. Students apply principles to a variety of business models.
This graduate-level course is 6 weeks. To enroll, speak with an Enrollment Advisor.
  • Overview of Health Care Economics

    • Describe key economic terms and their health care application
    • Identify the impact of economics in the current health care environment
    • Differentiate between the balance of funding and economic resources
  • Supply

    • Identify the key implications of supplier-induced demand in health care
    • Examine the use of economic tools to forecast supply and labor needs
    • Compare the utilization of supply to various population bases and socioeconomic factors
  • Demand

    • Evaluate consumerism as a critical value in current health care delivery
    • Describe the impact of supply resources on consumer demand
    • Detail the concepts of production and distribution to the business of health care
  • Health Care Delivery Systems

    • Describe current health care delivery structures
    • Profile the impact of licensing and regulatory factors on health care delivery requirements
    • Compare government and private delivery systems
  • Macroeconomics and Microeconomics in Health Care

    • Examine the macroeconomic relationship to health care resources
    • Discuss the utilization of microeconomic indicators within health care delivery systems
  • Health Care Markets, Economic Incentives, and Competition

    • Analyze benefits of economic incentives and competition in the health care market
    • Examine the impact of competitive and regulated pricing funding sources
    • Analyze organizational interventions to minimize the impact of scarce resources and maintain market competitiveness
  • Global Implications and the Future of Health Care

    • Examine the impacts of global market initiatives on the US health care delivery systems
    • Compare and contrast the differences in expenditures for health care with middle and high income countries

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