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February 15, 2023

Influence of Healthcare Economics on Community Health

Influence of Healthcare Economics on Community Health

Instructions

For this assessment, you will write a brief 2–3 page report about the health care economic issue that you have identified. In addition, you will also be asked to:

  • Address the reasons you selected the issue.
  • Identify how the issue impacts the work of you, your colleagues, and your organization.
  • Describe the gap that you see contributing to this issue.

Be sure to address each main point. Review the assessment instructions and scoring guide, including performance-level descriptions for each criterion, to ensure you understand the work you will be asked to complete and how it will be assessed. In addition, note the requirements for document format and length and for supporting evidence.

Overall, you will be assessed on the following criteria:

  • Describe a health care economic issue and how it impacts a specific community or population.

Note the data, information, or observations used to support your description.

  • Explain the rationale for choosing your health care economic issue.
  • Explain how the health care economic issue has affected your work, your organization, your colleagues, and your community.
  • Identify the gap that is contributing to the need to address the economic issue.

Cite at least one piece of evidence to support your identification of the gap. This could be public health data, a peer-reviewed journal article, or another scholarly source.

  • Convey purpose, in an appropriate tone and style, incorporating supporting evidence and adhering to organizational, professional, and scholarly writing standards.

Healthcare economics has a significant impact on the overall health and wellbeing of communities. One critical issue that has emerged in recent years is the rising cost of healthcare. The cost of healthcare has been a growing concern for policymakers, healthcare professionals, and patients alike. In this report, I will discuss the reasons for selecting this issue, how it impacts the work of healthcare professionals and organizations, and the gaps that contribute to this issue.

One of the primary reasons for selecting the rising cost of healthcare as an issue is its impact on patient access to care. When healthcare costs are high, patients may avoid seeking medical attention, which can lead to adverse health outcomes. Furthermore, high healthcare costs can also lead to financial strain for patients and their families, which can have a negative impact on their overall quality of life.

The rising cost of healthcare also has a significant impact on the work of healthcare professionals and organizations. Healthcare organizations must find ways to provide quality care while managing costs. This often involves finding innovative ways to deliver care more efficiently and cost-effectively. Healthcare professionals must also be mindful of the cost of treatments and procedures when making decisions about patient care.

One gap that contributes to the rising cost of healthcare is the lack of transparency in healthcare pricing. Patients and healthcare professionals often struggle to understand the true cost of healthcare services, which can make it challenging to make informed decisions about care. This lack of transparency can also lead to price variation between providers, which can drive up the overall cost of healthcare.

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