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Primary Discussion Response is due by Friday (11:59:59pm Central), Peer Responses are due by Tuesday (11:59:59pm Central).
Within the Discussion Board area, write 200/300 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
Assume that you invested $10,000 in a new assisted living home facility, only to discover that the venture would not be profitable. Your continued investment would only cost you more money. What would you do?
Would you proceed with the business and create an opportunity to recover your investment?
Would you cut your losses and quit the business?
Share the steps you took in making your decision, and ensure that you integrate various relevant economic terms and models in your response.
What did you learn from your classmate’s posting?
What additional questions do you have after reading the posting?
What clarification do you need regarding the posting?
What differences or similarities do you see between your posting and other classmates’ postings?
Assignment 2 –
Identify and briefly define 1 of the following concepts:
Opportunity cost
Sunk cost
Cost-benefit analysis
Based upon the concept that you have selected, respond to each of the following questions:
What are the basic steps for the application of your chosen concept in resource allocation?
Provide an example of how this concept can be applied in a specific health care resource allocation.
How will the application of this concept impact the structure of the health care institution when allocating resources?
Ensure that you integrate economic terms, frameworks, and models throughout the review.
Be sure to follow APA style page formatting, and provide at least 4 peer reviewed references from health care journals published in the past 5 years.
Assignment 3 –
The World Health Organization and the Centers for Disease Control and Prevention (CDC) sites list the major determinants of health services utilization.
Select and analyze 1 determinant of health within the concept of its impact to the U.S. health care system.
Describe the health care demand and supply as it relates to your chosen determinants.
What will be your recommendation on how to reduce or eliminate this determinant?
Centers for Disease Control and Prevention. (2015, February 6). Social determinants of health. Retrieved from http://www.cdc.gov/socialdeterminants/
World Health Organization. (n.d.). The determinants of health. Retrieved from http://www.who.int/hia/evidence/doh/en/
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