Chapter 14, Problem 4.1C

Hide Assignment Information Instructions   Exercise #5 For this week exercise, we need to try a few logit models (see this link for more information: LOGIT REGRESSION) If you have chosen to work with Excel, please run above three models and complete the following tables. Model 1: Run a regression model and use being a member of network and find out its impact on hospital cost? (Model 1) Model 2: For the 2nd model run a regression model and use being a member of network and find out its impact on hospital cost and hospital revenue? (Model 2) Model 3: For the 3rd model run a regression model and use being a member of network and find out its impact on ratio-Medicare-discharge and ratio-Medicaid-discharge. Based on your finding please recommend 3 policies and discuss the impact of being on a network on hospital cost, hospital revenue and out its impact on ratio-Medicare-discharge and ratio-Medicaid-discharge. Do you recommend keeping membership for a hospital? Why or why not?

Consider Bruno who manages an underwriting team in an insurance firm. Recently, the management of Bruno’s firm informed him of their decision to create a new risk assessment team, consisting of data scientists with machine learning expertise, and reduce the size of Bruno’s underwriting team. Bruno’s underwriting team will now work with the new risk assessment team in order to determine whether to provide insurance to applicants.   Graphically illustrate the impact of the management’s restructuring decision on the firm’s production function. Your diagram should have the amount of human intelligence on the horizontal axis and the number of decisions on whether to provide insurance on the vertical axis. Fully label your diagram. Note that there are no actual numbers given in this question: you may make them up or simply use appropriate notations. Briefly explain the key information of your diagram.

I need a full description of the role of each of these components listed below from 10-18 for " BLOOD PRESSURE THAT IS A WIRELESS, REMOTE MONITORING DEVICE THAT CONNECTS TO A SMARTPHONE APP WITH ACCURATE MEASUREMENTS". And by referring to the below table: 10. Reimbursement: Explain how the product will be reimbursed and any relevant insurance coverage. 11. Business model: Describe the business model for the product, including pricing, distribution, and revenue streams. 12. Marketing and sales: Explain the marketing and sales strategy for the product, including how you plan to reach your target audience. 13. Financial information: Provide financial projections for the product, including revenue, expenses, and profit margins. 14. Exit scenarios: Discuss potential exit scenarios for the product, such as acquisition or IPO. 15. The ask: Outline any funding needs for the product and how the funds will be used. 16. Management team: Introduce the management team and…