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. This course is available as part of a degree or certificate program. 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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