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Evaluate the economic imperative of innovation in healthcare examining the costs of innovation and the economics of it's investment.
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- What impact does AI have in healthcare and how does it play a factor in the economy? Please provide the explanation in detail and source of information.What is the relationships between economics, legislative changes, and policies and how these relationships are important to the overall delivery of healthcare systems?Discuss the dominant components of healthcare.
- Which of the following is NOT one of the 6 reasons health care is so expensive in a USA? A. Doctor's/ Nurse's salaries are too high B.US population is too big C.Drug costs are increasing D. Hospitals are for profitAnswer the following questions: a. Some health analysts believe that physicians try to increase their income by inducing demand for their services. For example, physicians may order unnecessary tests and treatments. Why would patients willingly accept these additional tests and treatments? b. How does the Internet, which makes freely available all sorts of information about diseases and their treatments, affect the physician–patient relationship?What are factors accelerating modern hospitals to become important in providing health care?
- explain why health economics is an important tool when it comes to managing health care resources, comparing cost with effect: What economic theories are most useful when applied to the healthcare industry and why?How does Health Policy affect the delivery of healthcare? Please use specific policy. How does Politics and Economy drive such policies and its influence on the healthcare delivery system?
- America spends over 17.5 percent of its GDP on healthcare, but with abysally limited outcomes. List and Describe at least 5 ways in which United States Healthcare system is dysfunctional, have limited outcome vis a vis the money spent on it and wasteful.Which one among these is not a loading factor in case of health insurance? 1.marketing cost 2.Costs of claim processing 3.Payments to health care provider.Describe perfect competition as it relates to health care economics. What are the key characteristics?