HSM544 Production Function Analysis

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HSM544 Production Function Analysis
What are the primary steps in a production function analysis? How would you apply these steps…

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HSM544 Production Function Analysis

HSM544 Production Function Analysis

Discussions Week 2 All Students Posts

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?…