Economics for Healthcare Managers


Book Description

Annotation Explains basic economic concepts that can simplify and improve management decisions that healthcare managers need to make. Shows how economics relates to numerous healthcare concerns, offering specific examples and cases that illustrate how economics provides a framework for understanding costs, market demand, competition, and profitability. Other topics include elasticities, supply and demand analysis, and strategic behavior. Includes a glossary. Assumes no background in economics. Lee is affiliated with the department of health policy and management at the School of Medicine of the University of Kansas. Annotation c. Book News, Inc., Portland, OR (booknews.com).







Economics for Healthcare Managers


Book Description

Many changes are under way in healthcare as a result of both the Affordable Care Act (ACA) and insurers' ability to discern between efficient and inefficient healthcare providers. With more emphasis being placed on exceptional value for customers, healthcare managers must have a solid understanding of economics to lead them through these turbulent times. In this new edition, the author examines efforts to control costs, many of which are being implemented by private insurers--while addressing initiatives such as population health and improved patient experiences in care. This text can serve as a practical guide for future healthcare managers to help simplify and improve decision making when faced with everyday issues, such as market demand, profitability, risk,and regulations. This edition presents cases and contemporary research in economics that highlight the changes in healthcare over the past decade. --




Introduction to Health Care Economics & Financial Management


Book Description

This text presents basic concepts of economics and tools for financial management in the health care arena, including budgeting, breakeven analysis, financial reporting, business plan preparation, and grant writing. The text includes practical case examples drawn from actual health care settings to relate theory to real-world practice. A sample grant proposal and unique grant writing chapter will prepare students for this critical aspect of management. A free, back-of-book CD-ROM provides sample worksheets for analyzing budgets and determining breakeven points, cost-benefit, and cost-effectiveness, as well as sample budgets. Students can use the worksheets to apply their own data and complete their own analyses.




Strategic Management and Economics in Health Care


Book Description

This book offers significant managerial and economic knowledge on hospitals, and will serve as a valuable tool for explaining complicated managerial and economical problems, and for facilitating decision-making processes. It bridges management and economic sciences - two complementary sciences that feed the process of making rational decisions. With particular reference to the education, the main aim of this book is to provide students of relevant schools and departments with the knowledge (managerial and economic) that will enable them to deal both efficiently and effectively with the real problems arising in a health care organization such as a hospital. In particular, by equipping students with appropriate managerial and economic knowledge, the aim is to give them a clear understanding of HOW to deal with the diverse and complex problems of hospitals while at the same time helping them to develop strategic approaches that will make hospitals more efficient and sustainable.




The Economics of Health Reconsidered


Book Description

This book guides you toward reconsidering the field of health economics as it is taught & practiced. The book discusses & analyzes the assumptions that must be met for a competitive market to be successful, concludes that these assumptions are not met in the health field, & provides a number of applications for health policy. "Tom Rice has done all of us in health a favor. In succinct, accessible-at times even delightful- prose, he has expressed so many of our concerns about what sometimes passes for 'conventional' health economics." - Gavin Mooney, Ph.D., Professor of Health Economics, University of Sydney, Australia.




Health Economics


Book Description

Thinking like a health economist -- The relationship between health and wealth -- The production of health -- The production of health-related goods and services -- The demand for healthcare -- Perfect competition and other market structures -- Physician behavior -- The insurance market -- Cost-effectiveness analysis




The Economics of US Health Care Policy


Book Description

In this book, Phelps and Parente explore the US health care system and set out the case for its reform. They trace the foundations of today’s system, and show how distortions in the incentives facing participants in the health care market could be corrected in order to achieve lower costs, a higher quality of care, a higher level of patient safety, and a more efficient allocation of health care resources. Phelps and Parente propose novel yet economically robust changes to US tax law affecting health insurance coverage and related issues. They also discuss a series of specific improvements to Medicare and Medicaid, and assess potential innovations that affect all of health care, including chronic disease management, fraud and abuse detection, information technology, and other key issues. The Economics of US Health Care Policy will be illuminating reading for anyone with an interest in health policy, and will be a valuable supplementary text for courses in health economics and health policy, including for students without advanced training in economics.




Understanding Health Economics


Book Description

Written specifically to help non-economists involved in managerial decision-making in the NHS, this book guides health care providers towards a better understanding of health economics. Detailing the ways health economics can aid managers in making more informed decisions, particularly in a time of budget constraints and rationing, the book also includes a number of case studies and worked examples. The author's clear interpretation of a complex topic will help health service managers understand the importance of economics in both service planning and appraisal. Among the topics covered in detail are: the cost of illness and cost measurement; outcome measurement; design of economic evaluations; Quality Adjusted Life Years; evidence-based medicine, prioritization and rationing and; assessing and using economic evaluations.




The Economics of Health Reconsidered


Book Description

This book reconsiders the field of health economics as it is traditionally taught and practiced. It critically examines economic theory as applied to the health sector and questions the prevailing belief that a competitive healthcare marketplace results in the best outcomes. New information, including an overview of standard microeconomic theory, makes this new edition an ideal stand-alone text for health economics and health policy courses. # Expanded and thoroughly updated, this edition features: A new chapter on traditional microeconomic theory that includes an overview of demand, supply, competition, monopoly, and social welfare # An expanded overview of the role of government # Added information about market competition and the implications for health policy # Expanded information about the demand for health insurance and health services # A new chapter discussing for-profit versus nonprofit organizations in healthcare, including specialty hospitals and the nursing home and pharmaceutical industries # A new chapter on healthcare-workforce issues including the markets for physicians and nurses # An update on the different ways developed countries can and have organized their healthcare systems