HSM544 Course Discussions Week 2

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HSM544 Course Discussions Week 2
Are healthcare costs a high enough priority in this country?  How has managed care…

SKU: HSM 544 Financing Healthcare Production Function Analysis Week 2 Categories: , Tags: , ,

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HSM544 Course Discussions Week 2

HSM544 Course Discussions Week 2

Financing Healthcare 

Discuss the role of all parties (patient, providers, and payers) to contain costs. What is the impact of cost-containment efforts on the rising cost of healthcare?

Coding is an important and complex process. Government audits (RAC) can reveal a certain upcoding (overcharging) that might take place, which would unnecessarily increase the cost of healthcare.  For the class, what can cause this to occur? How can it prevented?  There are some approaches and models that have proven to be successful in containing costs.

For the class, what are examples of such models and what has made them successful?  There is concern that despite the high percentage of healthcare costs in the US, there is not enough of a national will to control these costs.  For the class, do you think this is the case? Are healthcare costs a high enough priority in this country?  How has managed care changed the dynamic? How has it shifted risks of losses among the major players in healthcare?…

Production Function Analysis 

What are the primary steps in a production function analysis? How would you apply these steps in a healthcare organization?  What areas of healthcare economics do you think the production function has the production function been most applicable to and most successful in improving?

Marginal costs do look at costs on an additional unit basis.  For the class, how do marginal costs apply to healthcare?  There are also categories of costs which are indirect and direct costs.  Is there any connection between indirect and direct costs and variable or fixed costs?

There are many variables that go into these calculations.  Is there always a direct connection between inputs and outcomes, i.e., can managers always control outcomes?  There are relationships between inputs and outputs, but they are not always linear.  Why won’t there always be a clear line between healthcare inputs-physician time/technology and good healthcare outcomes?…