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Posted: March 5th, 2022
HMGT 435 UMUC Supply and Market Structure of Healthcare Industry Memorandum
HMGT 435 UMUC Supply and Market Structure of Healthcare Industry Memorandum
HMGT 435 UMUC Supply and Market Structure of Healthcare Industry Memorandum
You simply began working as a Well being Service Supervisor for a well being care firm inside an business under. First select an business under to debate the questions that observe:
Pharmaceutical (generic medication)
Pharmaceutical (patented drug)
Any doctor specialty (e.g. cardiology, ophthalmology, and many others.)
Hospital (nationwide Community)
Small rural hospital
Your boss has requested you to jot down a memo detailing the components impacting the provision of your product or providers and how the market construction of your impacts the amount equipped and the pricing of your services or products.
Reply the primary 4 questions (and Q6) under relying totally on the course readings and different useful resource materials introduced on this class. You need to use exterior UMGC library assets to analysis Q5 under with the intention to analysis authorities laws impacting your business. Cite and refer all assets used whether or not inside or exterior.
Describe the services or products you provide to your sufferers.
Establish the market construction of your business and the analyze the important thing traits of your business that result in your identification of this market construction.
Given this market construction, consider how costs charged to your providers/merchandise are decided.
Consider how does the existence of personal and public insurance coverage affect the revenues you obtain for this service/product.
Given the federal government laws impacting the well being business which were mentioned on this class, determine and focus on a authorities regulation that has been carried out on this business.
Establish a market failure(s) mentioned in school that the federal government regulation tried to deal with.
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