Economics in Public Sector Healthcare Performance Paper

Economics in Public Sector Healthcare Performance Paper

Instructions/Descriptions

Economics in Public Sector Healthcare Performance Paper

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MP 640 J 29 Team Paper Theory and Modeling of the Health Care Sector.pptx

Instructions

Hello. You worked on the term paper for me. I didn’t know a PP presentation was also part of the project. The professor did not mention this when he initially assigned us to work on the term paper which is due in 2 weeks. Please take a look at the instructions I placed in today’s order, as well as the attachments which were shared by the Prof. just this week. I need to stick to the same topic – and since you already worked on the paper, I figured you’d be willing to take on the task. I will need step 3 for this week. I will submit a different order for step 4, which isn’t due until next week. I attached the documents shared by the professor as well as the paper you worked on for me. Let me know if you have any questions. Thanks!

For your team paper that is due on week 12, we will complete each part separately as follows:

Topic: Health Care Performance

Title: Do changes in USA income per capita and government spending affect health care performance over the last 20 years?

Theory Section(This Week)

Empirical Section9 data Collection: next week

Conclusion/Summary/Reference

Economics in Public Sector Healthcare Performance Paper

Healthcare definition

Healthcare entails the efforts put in place to restore and maintain emotional, mental, and physical well-being, particularly through the help of a trained and licensed practitioner (Svalastog et al., 2018). The term healthcare also comprises services that help people prevent, cure or cope with illnesses (Svalastog et al., 2018). Organizations and people who provide these services are known as the health care professionals, health care professionals or healthcare workers (Svalastog et al., 2018). It is the dream of every country to have a healthy nation because a healthy nation is productive and beneficial to everyone.

Quality is paramount in healthcare. This is because high-quality healthcare helps prevent diseases and improve the overall quality of life (Svalastog et al., 2018). The most significant goal of Healthy People 2030 is to improve the quality of health care and ensure that all people have access to the health care needs that they need as well assisting the care providers in communicating efficiently so they can improve the well-being of the people (Svalastog et al., 2018). Some health care services provided include prenatal care, nutritional support, preventive care, substance abuse treatment, dental care and diagnostic care (Svalastog et al., 2018). The three primary types of healthcare include primary, secondary and tertiary care. Primary care is where a person encounters the doctor for the first time. After patients have seen the doctor, they might recommend secondary care, where they will need to see a specialist (Svalastog et al., 2018). For instance, a patient suffering from mild chest pains might need to see a general practitioner cardiologist. If the cardiologist resolves that the patient needs heart surgery, such an operation will occur in the hospital where the patient will be hospitalized. The care provided at the hospital will be tertiary care.

Does more spending on healthcare result in better healthcare?

Spending more on healthcare can mean better healthcare outcomes when such funds are managed appropriately (Norbeck & Price, 2018). Continuous research indicates that spending more on hospitals has varying outcomes. However, more evidence shows that spending more on healthcare helps to improve overall health outcomes (Norbeck & Price, 2018). This is because spending more on healthcare services significantly contributes to detecting diseases early and improves ways of treating life-threatening diseases (Norbeck & Price, 2018). Consequently, this contributes to increased improved health care. Healthcare expenditure helps to provide healthcare opportunities in a better way which improves productivity by strengthening human capital.

References

Norbeck, T., & Price, G. (2018). Does More Health Spending Mean Better Health? Forbes. https://www.forbes.com/sites/physiciansfoundation/2014/08/01/does-more-health-spending-mean-better-health/?sh=224a1cd226b9

Svalastog, A. L., Donev, D., Jahren Kristoffersen, N., & Gajović, S. (2018). Concepts and definitions of health and health-related values in the knowledge landscapes of the digital society. Croatian Medical Journal, 58(6), 431–435. https://doi.org/10.3325/cmj.2017.58.431

Economics in Public Sector Healthcare Performance Paper

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