Inseparability Of Markets And Regulations
It is suggested that you review the recommended articles to glean any helpful information. To begin you initial post, research one of the health profession licensing agencies in CALIFORNIA. Analyze and comment on the role this professional licensing group plays in the creation of policy within the profession as well as the impact those policies potentially have on the economics of health services. Then, specifically look at the composition of the licensing agency’s board of directors. Describe the present composition of the board membership. Evaluate the social-cultural issues that might influence health economics in your state based on the diversity of the board in question. Is the present composition a fair representation of the community the board is supposed to serve? What, if any, consumer representation exists on the board? Compare and contrast economic challenges and incentives among health care’s organizational models such as the licensing agency you have selected.
- Block, D. (2013). Disruptive innovation: Contributing to a value-based health care system. Physician Executive, 39(5), 46-52. Retrieved from the EBSCOhost database.
- The article discusses how hospitals can use disruptive innovation to improve health care quality, safety and outcomes by reducing the costs of healthcare delivery. The author says health care delivery in the United States is at least 20 years behind the development of other industries in the country.
- Ellis, R. P., & McGuire, T. G. (1993). Supply-side and demand-side cost sharing in health care. Journal of Economic Perspectives, 7(4), 135-151. Retrieved from the EBSCOhost database.
- This article focuses on the supply side and demand side of cost sharing in health care. Ellis & McQuire (1993, p.137) states that ”economists and others concerned with health care policy have debated the meaning of “demand” in health care. After all, as Arrow (1963) emphasized early on, the relationship between patients and their physicians (and other health care providers) involves agency, information, trust, and professionalism. A key unresolved issue in health policy is the magnitude of this provider-induced demand, and how it is determined.”
- Heroman, W. M., Davis, C. B., & Farmer, J. L. (2012). Demand forecasting and capacity management in primary care. Physician Executive, 38(1), 30-34. Retrieved from the EBSCOhost database.
- The article examines how a practical approach to demand forecasting and capacity management helps primary care clinics run smoothly and efficiently. The authors state that a demand forecast determines the gap relative to the capacity of the practice to provide health care which can affect all the patient-centered medical home (PCMH) principles.