Health Care History

Health premeditation economic science has g i through umteen changes over the age. With all of the changes health care organizations reach had to queue their financial strategies as well as their organizational strategies. The providence has had a lot to do with all of these changes. Healthcare organizations take so many requisites put on them. Some of the changes that have occurred are due to the advances in medicine such as diagnostic, procedures and pharmaceutical. Insurance cook upments over the years have changed. It used to be that you had health amends and your bills would get paid by that insurance company. Over the years the payment system has changed and more(prenominal) and more is coming from the patients pocket. In this paper the rivet will be these key terms supply and demand, microeconomics, microeconomics and elasticity. The progeny is healthcare funding. In this changing environment, hospitals and health care physicians moldiness focus on rationalizing and simplifying operational processes, facilitating case management, promoting the least high-priced setting for health care delivery, and optimizing resource sharing among departments. Cynthia Hayward, 1996 (Marcinko, 2007). persona of political economy Division of economics focused on evaluating scarcity in health care systems in different economies. (Health Economics, 2012).

The currents state of our economy is a prime example. Health economics seeks to identify problem areas in a health care system and propose solutions for pressing issues by evaluating all likely causes and solutions. (Health Economics, 2012). Healthcare economics is the reason for the giving medication to reform health care. Supply and Demand Supply and demand is one area in healthcare that pharmaceuticals come to mind. Supply and demand determines the price of what commodity is gather uped that is why over the years certain drugs such as oncology is priced so high because the need is there for the patient so they are will to pay the high price. At some point in sequence however,... If you want to get a full essay, order it on our website: Orderessay

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