WHAT ROLE DOES THE COST OF THE DOCTOR’S EDUCATION AND MALPRACTICE INSURANCE PLAY IN COSTING HEALTH CARE SERVICES?

WHAT ROLE DOES THE COST OF THE DOCTOR’S EDUCATION AND MALPRACTICE INSURANCE PLAY IN COSTING HEALTH CARE SERVICES?

What role does the cost of the doctor’s education and malpractice insurance play in costing health care services? There are two principles that health care providers rely on when set the rates for their services. The first principle is cost, and the second is based on third-party reimbursements, especially from Medicare. As the chief operations officer of your hospital, you have been asked by the board to make a presentation on how the hospital sets the price for the services that it provides. Create a PowerPoint presentation of 6–8 slides with speaker notes that analyzes the different services provided by the hospital and the rationale for charging patients for them. In your presentation, consider the following: Who are the stakeholders in this scenario, and what are their roles? Describe the practice of price discrimination and its objectives. What role does the cost of the doctor’s education and malpractice insurance play in costing health care services? What is the role of third-party payers such as Medicare and Medicaid in pricing health care services? How does the uninsured population impact pricing? How does the use of emergency services for nonemergency situations impact pricing? Document recommendations for improvement based on your economic analysis. Ensure that you integrate economic terms, frameworks, and models throughout the review. As a guideline, do not have more than 16 words on each slide. Your speaker notes should explain the slide in detail. Be sure to follow APA style page formatting, and provide at least 4 peer-reviewed references from health care journals published in the past 5 years. Please submit your assignment. For assistance with your assignment, please use your text, Web resources, and all course materials. Assignment 2 – discussion post – only 300/400 words Primary Discussion Response is due by Friday (11:59:59pm Central), Peer Responses are due by Tuesday (11:59:59pm Central). Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas. For several decades, the rapid increase of health spending in the United States has been the subject of many discussions and great scrutiny. For additional background on this subject, read the following articles: Article 1