Week 5: Interactive activity 5.1 Learning Outcomes: Monitor and manage the solution Verify the solution Use adaptive techniques Develop ethical solutions 5.2 Action Required: Read the following statement: Built-in obsolescence means designing products that will degrade over time or otherwise need to be replaced. Many products depend on built-in obsolescence to ensure sales, such as […]
Explain how cost-shifting impacts the flow of hospital monies. Describe “cream skimming” and determine if it is an ethical business practice, particularly in healthcare economics.
Discussion This week’s discussion focuses on the financial and economic decisions hospitals face in our current healthcare system. For your initial post, explain how cost-shifting impacts the flow of hospital monies. Describe “cream skimming” and determine if it is an ethical business practice, particularly in healthcare economics. How do Medicare and Medicaid reimbursements apply to […]