Economics

Economics

Weekly tasks or assignments (Individual or Group Projects) will be due by Monday, and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.

Key Assignment

Last week, you submitted a paper of 4–5 pages and a PowerPoint presentation to explain the competitive ability of acquiring a surgical robot unit for your orthopedic center. Review the recommendations of your instructor and your peers, and make the appropriate changes to your work.

Write an additional 3-4 pages in response to the following:
•How do providers influence the decisions that patients make? What type of decisions do patients make as a natural consequence of the influence from providers and physicians? ◦Consider the provider setting, treatment type, and method of reimbursement when formulating a response.

•How are insurance plans (including government payers) impacted by the decisions that patients and their doctors make? ◦Consider supply and demand concepts when formulating a response.

•How are physicians and patients regulated by government? ◦Describe how the regulatory environment will impact the health care economy when formulating a response.

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