Economic Applications & Market Behavior

CERTIFICATE PROGRAM

HHC 490

Breyer State University

Instructor: MARK C. BARBAS, DHA

SYLLABUS

TEXTBOOK: The following textbook is required for the course.

Book 1: Health Economics, Revised Edition. Rexford E. Santerre and Stephen P. Neun. Dryden Publishing 2000: ISBN # 0-03-025629-1

You can also order this book online at:

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» Additional Student Resources at StudyTactics

This course focuses on the major Economic theories and practices that drive market behavior in the Healthcare delivery system. The materials for this course are focused in Chapters 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, and 15 in Health Economics.

COURSE CONTENT:

1). Health Economics.
2). Production possibilities curve.
3). Opportunity Cost.
4). Cost-benefit analysis.
5). Theories of Health Economics.
6). Healthcare System - Models other countries.
7). First-dollar coverage.
8). National and Socialized Health Insurance.
9). The Production of Medical Services.
10). Utilization Management Programs.
11). Law of Diminishing marginal utility of Health services.
12). Structural, Process and outcome Quality.
13). Lifestyle, Medical Devices and Life Expectancy.
14). Healthcare Expenditures.
15). Law of demand for Healthcare Services.
16). Health Insurances impact on demand.
17). Coinsurance and Deductibles.
18). Indemnity Insurance.
19). Moral Hazard.
20). Own-price elasticity of demand.
21). Demand for private Health Insurance.
22). Risk Avoidance.
23). Employer contribution to Health Insurance.
24). Insurer relations.
25). Types of Managed Care Models.
26). Selective Contracting - Deselection.
27). Managed Care Gag rules.
28). Short and Long Run costs of production.
29). Neoclassical Cost Theory.
30). Cost Identification Analysis.
31). Under and Overprovision of Medical Services.
32). Value of Life.
33). Cost Effectiveness Analysis.
34). Perfect Competition.
35). Determination of Market Price and Quantity.
36). Taxes and Location of For-Profit Hospitals.
37). Regulated Market for Human Organs.
38). Profit Maximization.
39). Market Structure/Market Power.
40). Degree of Monopoly.
41). Oligopoly.
42). Barriers to market Entry.
43). Imperfect Consumer Information.
44). Monopsony and Price Setting.
45). Product Differentiation and Advertising.
46). Market Structure, conduct and performance.
47). Not-for Profit Concepts.
48). For-Profits and Profit Maximizing.
49). Physician Control Model.
50). Supplier Induced Demand.
51). Market Behavior and Hospital Ownership.
52). Ownership Conversion of Not-for-Profit to For-Profit.
53). Conversion Foundations.
54). Size Distribution of Community Hospitals.
55). Sources of Hospital Funds.
56). Managed Care and Market Structure.
57). Market Structure and Hospital Behavior.
58). Hospital Ownership and Hospital Behavior.
59). Drive Through Delivery.
60). Integrated Delivery System.
61). Hospital Price Inflation.

COURSE OBJECTIVES: Upon completion of this course, you will be able to:

1). Review Theories of Health Economics.
2). Understand the Healthcare System of other Countries.
3). Identify factors which influence the Production of Medical Services.
4). Relate structural, process and outcome quality to lifestyle and life expectancy.
5). Understand the Law of Demand for Healthcare Services and Health Insurers Impact on Demand.
6). Review the demand for Private Health Insurance.
7). Understand Selective Contracting and Deselection.
8). Review the Cost Effectiveness Analysis Model to Healthcare.
9). Relate market structure and market power to market behavior.
10). Compare and contrast Not-for-Profit Hospital behavior to For-Profit and Profit Maximizing.
11). Relate market behavior to Hospital ownership.
12). Review - Conversion of Not-for-Profit Hospital to For-Profit ownership.
13). Understand the supplier induced demand for Health services.
14). Relate what you've learned in this course to your work environment.

COURSE PROGRESSION: The course begins on the date of student enrollment. Students have 90 days to complete this course. Extensions are rarely granted, and the, only for extreme emergencies or active military duty. Students who do not complete the course within the 90 days time frame receive an "incomplete/withdrawal" and would have to re-register and pay tuition again if they desire to complete it.

This is a self-paced course. You may proceed at the pace that is right for you. It is acceptable to accelerate in this course and complete it in less than 90 days.

As you progress through the course, always feel free to contact your instructor to discuss issues, questions, etc. related to the course. Your instructor is there to be a mentor to you as you proceed with learning.

EXAMS: There is only one examination for this certificate program. The examination may be taken upon successful completion of all of the assignments for Courses I, II and III in this certificate program. Assignments are graded on a Pass/Fail basis. The final examination is open book, and students have three (3) days to complete it. Your instructor will give you full instructions on accessing and taking the exam as you progress in the certificate program. The final examination covers the materials from all three courses in the certificate program. The final examination consists of objective type questions. The grade scale for the final examination is provided above.

ASSIGNMENTS: All of the assignments for this course are detailed in the classroom. Go back to the classroom page and click on "assignments".

INFORMATION: If you have any questions regarding this program, you may address them to adm@breyerstate.com. An administrative faculty member will respond to all questions.

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