world of health care economics

Select terms from this week’s readings and discuss how these terms compare to each other in the world of health care economics. Some examples of terms are resources, quality, technology, andcosts.

 

Write a minimum of an 800-word paper that is a comprehensive comparison of these terms.

 

  • Identify three terms
  • Compare and differ in health care and economics

 

Resources- Health care resources are defined as all materials, personnel, facilities, funds, and anything else that can be used for providing health care services

quality – Quality healthcare includes characteristics such as availability, accessibility, affordability, acceptability, appropriateness, competency, timeliness, privacy, confidentiality, attentiveness, caring, responsiveness, accountability, accuracy, reliability, comprehensiveness, continuity, equity, amenities, and facilities

Technology- Healthcare technology is any technology, including medical devices, IT systems, algorithms, artificial intelligence (AI), cloud and blockchain, designed to support healthcare organizations.

Costs- A health expenditure is a consumption of a resource with the primary objective of promoting, restoring, and maintaining health.

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