Question
MHACB/598: Leveraging Results To Build Brand In The Health Sector MHACB/598 Final Course Reflection MHACB/598 Final Course Reflection Assignment Content Reflect on the following questions
MHACB/598: Leveraging Results To Build Brand In The Health Sector
MHACB/598 Final Course Reflection
MHACB/598 Final Course Reflection
Assignment Content
Reflect on the following questions in a minimum of six hundred words.
Consider how the 3 competencies of this course might directly apply to your life and work environment when answering the questions below.
Competency 1: Apply economic principles within the health care industry.
Competency 2: Apply concepts of financial accounting within the health care industry.
Competency 3: Analyze best practices in supply chain management for healthhealthcare care organizations.
Question 1:
- Official federal health care policy for the past 40 years has focused on market solutions, underlining the reliance on competition to improve quality and access and reduce costs. Has this economic policy been successful? Why or why not?
Question 2:
- There has been a focus on cost containment and cost reduction in health care for decades. What are some of the most prevalent cost reduction strategies in health care organizations? Health care costs have continued to rise in the United States to a level greater than any other country on a per capita basis. Why have cost containment efforts been ineffective in keeping total costs of health care down?
Submit your reflection.
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