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.
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
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
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
The University of Phoenix reserves the right to modify courses.
While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Advisor.
Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.
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