The primary focus has been on hospitals within the healthcare industry

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The primary focus has been on hospitals within the healthcare industry. For this short paper you will consider the economic issues related to long-term care facilities.

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In this assignment, consider the following questions related to long-term care facilities:

  • What are the factors that make long-term care unique compared to a hospital?
  • What is the effect of Certificate of Need (CON) on the economics of long-term care economic decision making and how is this different from that of a hospital?
  • What does the forecast of supply and demand for the long-term care industry look like for the next 25 years and how should that impact decision making?
  • Should the U.S. government cover the costs for the elderly in the middle and wealthy classes?

 

What to Submit

Your paper must be submitted as a 2–3 page Microsoft Word document with double spacing, 12-point Times New Roman font, one-inch margins, and at least two sources cited in APA format.

 

Textbook: Health Economics and Policy, Chapters 8, 11, and 12 

textbook link: https://bncvirtual.com/vb_econtent.php?ACTION=econtent&FVENCKEY=AD9EE8D798DCAFC7E76B5FB7C978DD86&j=43766531&sfmc_sub=1597096465&l=23329524_HTML&u=695880241&mid=524003857&jb=40753&utm_term=10242022&utm_source=transactional&utm_medium=email&utm_campaign=Direct_Ebooks

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