Economic Principles in Healthcare Management Decisions
Assignment Details:
Understanding economics is paramount to running a successful business. Managers must understand how to optimize production choices and forecast the following:
- Market trends
- Revenue
- Expenses
To accomplish these goals, comprehending consumer choice and consumer demand for the good or service being produced or provided is important. This assignment helps you apply the foundational principles of economics.
Choose 1 of the following economic concepts:
- Profit maximization
- Consumer choice
- Supply and demand
- Optimization
Write to address the following:
- Introduce and explain in detail the economic concept you have chosen. Explain the assumptions and limitations that are associated with the economic concept.,
- Select 1 quality article that applies the concept you have chosen. Describe how the concept was applied in the article.,
- Discuss how a manager might apply this concept professionally to make decisions or improve profit.
What limitations might be considered by the manager? - Provide a conclusion that highlights the key points.
- Provide a comprehensive list of key information to gather during an assessment of a patient with abdominal pain. Discuss any modern tools or technologies that might assist in this process.
- Describe the techniques you would use to assess for masses in the abdomen and how you would document such findings, including any relevant diagnostic tests or imaging that might be involved.
- Share an example from your clinical experience where you palpated a mass in the abdomen. Discuss the approach you took in assessing and documenting the finding, along with any follow-up actions or referrals.
Economic Principles in Healthcare Management Decisions
Musculoskeletal Assessment:
- Compare and contrast osteoarthritis and rheumatoid arthritis in terms of their pathophysiology. Highlight key differences in their underlying mechanisms.
- Lastly, discuss health promotion strategies that are appropriate for patients with each condition. Therefore, consider lifestyle changes, pain management, and any preventative measures that can slow disease progression. APA