Content In health care, economic concepts are defined in a specific way, incorporating specialized terminology and professional jargon

 

Content In health care, economic concepts are defined in a specific way, incorporating specialized terminology and professional jargon. Often, these terms are used in ways that differ from conventional daily use in speaking and writing. This disconnect can confuse health care providers and consumers. For this assignment, you will create a presentation to help colleagues and staff master the specialized language. Write a paper in accordance to APA format which you explain 4 of the following terms: Behavioral economics Benchmarking Cost-effectiveness Demand Economic burden Economy of scale Opportunity cost Productivity Resource usage Supply Value-based care In the paper you should: Explain the common use of each selected term. Explain the meaning of each selected term in health care economics. Summarize the key differences between everyday use and how you as a health care administrator use the selected terms. Please make sure to include all references, 2019 to recent.

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