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Online Nursing Courses - RNSG 424 - RN to BSN Online Completion Degree

Online Nursing Course - Economics in Healthcare - ECON 324

3 Units

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Course Description:

In today's health care environment it is important for nurse managers to have a basic understanding of economics and it's impact on management decision-making. Course provides an introduction into the application of economic concepts and principles; decisions related the amount, organization and distribution of health care services. Focus: Content that will provide information for health care managers to assist them in functioning as positive role models in the reform of healthcare; economics perspectives of management decision making; theoretical foundation for the study of finance, accounting, marketing and planning.

Course Objectives:
  • Define and explain basic concepts of economics: supply and demand, marginal analysis, cost benefit analysis.
  • Analyze the payment systems in place in the United State.
  • Compare and contrast the economic institutions of the United States health care system.
  • Discuss controversies surrounding the development of health insurance and role of the government in financing and regulating health care systems.
  • Demonstrate through written assignments basic knowledge of course content.
  • Debate assigned issues such as allocations within health care system, distributional equity; overcompensation to some providers vs. underpayment of others; fraud and abuse in today's health care systems.

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