Demand Theory and Its Application. Prior to engaging in this
discussion, please read Chapters 6 and 9 in the text and review any relevant
Instructor Guidance. It is suggested that you review the recommended articles
to glean any helpful information. In this discussion, you will be taking on the
role of an associate director of a hospital who is considering the proposed
opening of an urgent care clinic about 20 miles from your main campus. You have
been charged with gathering demographic information that might affect the
demand for the new clinic and creating a presentation that will be delivered to
the hospital CEO. Consider what data might be relevant and why. What would you
want to show the CEO to prove that this project would be feasible for the
organization? As with the “Finance, Risk, and Cost” discussion in Week Two, you
will be creating a five-minute presentation using PowerPoint and Jing,
Screencast-o-matic, or an alternative program with audio, to present your
findings on the feasibility of this project to your CEO.
Today’s health care landscape is placing new importance on the economics of
health care. Reflecting on the exercises you have completed thus far and
incorporating information from the text, analyze how demand theory applies to
public policy and the economics of health services. What elements, responsive
to the specific health care service demands of your given population, would you
want to present as you develop a microeconomic model based on this proposed
opening of an urgent care clinic?
Your PowerPoint presentation slides must include the following information:
·
Your basic microeconomic model of the projected service/project
·
An analysis of the role that public policy plays in terms of your provision
of health care services
·
A justification of your model
·
The relevance of the current financial data in terms of the projected
outcome of the project
·
A compare and contrast discussion of the economic challenges and incentives
related to your project
Once you have created your PowerPoint presentation, use Jing,
Screencast-o-matic, or an alternative program with audio, to create a
screencast of your presentation with voiceover. Include a title for your
presentation in the description box when you publish your screencast. The
hospital CEO has limited your presentation time to three to five minutes, so
you will need to incorporate as many characteristics of an effective speaker as
you can within this timeframe.
