Analyze Costs and Pricing
Week 6 – Assignment: Analyze Costs and Pricing
Instructions
Compose a paper that addresses the following points:
Discuss and analyze the preventive approach to reduce costs.
Explain what preventive cost reduction is, and then articulate why it is important.
Identify and analyze an approach to reduce costs and include specific examples to support your analysis.
Support your paper with a minimum of three scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.
Length: 5-7 pages, not including title and reference pages
Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.
Search website for information:
Himmelstein, D., & Woolhandler, S. (2016). The current and projected taxpayer shares of US health costs.
National Information Center on Health Services Research and Health Care Technology (NICHSR). HTA 101: Integrative Methods.
Kaplan, R., Witkowski, M., Abbott, M., Barboza Guzman, A., Higgins, L., Meara, J., & … Feeley, T. (2014). Using time-driven activity-based costing
Marek, K., Stetzer, F., Adams, S., Bub, L., Schlidt, A., & Colorafi, K. (2014). Cost analysis of a home-based nurse care coordination program.
Grading RubricCriteria
Content (7 points) PointsDescribed prevention as a means to reduce healthcare costs 2. Characterized a specific preventive approach to healthcare costs 2. Provided the importance of the identified preventive approach 3. Organization (3 points) Included a minimum of three scholarly references, with appropriate APA formatting applied to citations and paraphrasing. Paper is 5-7 pages long not including the title and reference pages.Total 10
20171218135209course_7week_6_assignment (1)
Solution Preview
Reducing the Cost of Healthcare Through Preventive Approach
Cost Analysis is the process of analyzing the financial decisions of businesses. The concept helps the decision makers to sum up the benefits of a given business situation as well as subtract the associated costs. Though there are many changes in the health sector, it remains one of the areas that the public sector supports in many countries (Goodman, 2002). Cost analysis is necessary due to the increasing concerns of rising costs of healthcare,
(1,847 words)