Economics and Decision Making in Health Care Course Competencies

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Economics and Decision Making in Health Care Course Competencies

To successfully complete this course, you will be expected to:

  1. Analyze the effects of financial and economic factors (such as cost-benefit, supply and demand, return on investment, and risks) in a health care system on patient care, services offered, and organizational structures and operation.

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  2. Develop ethical and culturally equitable solutions to economic problems within a health care organization in an effort to improve the quality of care and services offered.
  3. Justify the qualitative and quantitative information used to guide economic decision making to stakeholders and colleagues.
  4. Develop ethical and culturally equitable economic strategies to address dynamic environmental forces and ensure the future security of an organization’s resources and its ability to provide quality care.
  5. Apply various communication methods in order to clearly, effectively, and efficiently relate information to stakeholders and colleagues related to economic data, findings, and strategies.