Prior to engaging in this discussion, please read Chapters 13 and 14 in the text and review any relevant Instructor Guidance. It is suggested that you review the recommended articles to glean any helpful information. Analyze and comment on economic analyses of health administrative innovations that are germane to the provision of health services. How have these innovations become more important in health care delivery within the context of the Affordable Care Act? Develop a list of similarities and differences between cost benefit analysis and cost effectiveness analysis as they pertain to specific health care service demands. Compare and contrast economic challenges and incentives as they relate specifically to cost benefit and cost effectiveness analyses.

Text:

Required Text

Lee, R. H. (2015). Economics for health care managers (3rd ed.). Chicago, IL: Health Care Administration Press. Retrieved from https://redshelf.com

Chapter 12: Pricing

Chapter 14: Economic Analysis of Clinical and Managerial Interventions

Chapter 15: Profits, Market Structure, and Market Power

 Articles

Daniels, E. B., & Dickson, T.C. (1990). Assessing the feasibility, Performance of geriatric clinics. Healthcare Financial Management, 44(2), 30-34. Retrieved from the ProQuest database

This article will be used in conjunction with your feasibility study assignments.

University of Kansas. (2013) Community tool box. Retrieved from http://ctb.ku.edu/en/table-of-contents/assessment/assessing-community-needs-and-resources/swot-analysis/main

This webpage provides an overview of SWOT analysis from the community context. 

Multimedia

Demand Metric (2012, November 5). Feasibility study template [Video file]. Retrieved from http://www.youtube.com/watch?v=gNsimuW0dJU