Healthcare Economy and Finance- 3 exercises

Healthcare Economy and Finance- 3 exercises

Economics and Finance of Health Care Systems Find the exercises stated below in in the book and write your

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answers. Exercise 1- Lee Text, page 15, exercise 1.7 2- Lee Text, page 70, exercises 4.3 and 4.4 3- Note the “Tools of Analysis” in this syllabus. Select your “tool of the year” and express in a well-developed paragraph what the tool means to you and why it is your choice. Then set forth an example that shows your knowledge of this tool and how it works. Keep exercise to one page. (See below for list of tools). Tools of Analysis 1. Budgetary (type, building, monitoring, evaluation) 2. Mapping (economic and financial management) 15. Cost benefit 16. Productivity 17. Cost 18. Break even 3. Economics (demand and supply) 19. Integration 4. Political / Policy 20. Outcomes assessment 5. Variance 21. Managed Care 6. Organizational / Administrative 22. Pricing 7. Ratio 23. Product line 8. Statistical 24. Technology assessment 9. Benchmarking 25. Strategic and tactical 10. Cost effectiveness 26. Time value of money 11. Trend 27. Reimbursement 12. Payback method 28. FTE analysis 13. Mix (payer, patient, service) 29. Return on investment 14. Environmental – Legal/ Regulatory
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