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This resource is concerned with the economics revolving around healthcare, with a critical interest in healthcare managers' roles in reducing healthcare spending. The author underlines
This resource is concerned with the economics revolving around healthcare, with a critical interest in healthcare managers' roles in reducing healthcare spending. The author underlines the numerous changes connected with the Affordable Care Act, especially in healthcare insurance. He believes that the increasing focus on availing exceptional customer value by healthcare providers should translate to managers having a solid understanding of economics, which should 3 play a vital role in helping them prevail in challenging times. Primarily, the author focuses on the aspect of controlling costs, mainly as applied by private insurers and institutions that continue to minimize spending on healthcare services. The article is an invaluable source of information and guidance for healthcare managers seeking to decrease spending. It employs knowledge drawn from various resources as the author makes his case and will provide significant support towards completing the paper
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