• Identify a company in the healthcare industry with an economic problem or issue related to your topic. Remember that companies in the healthcare industry might include hospitals, clinics, long-term care providers, home health companies, biopharmaceutical companies, medical device providers, medical insurance providers, and others.
• Discuss the operations of the company you identify.
• Identify and develop an economic model(s).
• Apply your model to the company's situation:
• Link the problem or economic condition to the healthcare company and provide a solution or identify a procedure for arriving at a solution.
• Demonstrate your understanding of the operations and the products / services of the company you chose and explain how the model and/or economic concepts are applicable to decision-making processes within the organization.
• Link the theoretical concept to an application within the healthcare industry - this is the key to this assignment.