Health Economics in Nursing
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
Health Economics in Nursing
Health economics is a subfield of economics that focuses on the study of how resources are allocated within the health sector and how this affects health outcomes. It is a crucial area of study for nursing as it helps to understand the economic factors that influence the delivery of healthcare services and the allocation of resources.
Health economics considers the demand for healthcare services, the supply of healthcare services, and the financing of healthcare services. On the demand side, it looks at factors such as the willingness of individuals to pay for healthcare services, the need for healthcare services, and the use of healthcare services. On the supply side, it looks at factors such as the availability of healthcare services, the cost of producing healthcare services, and the distribution of healthcare services. On the financing side, it looks at how healthcare services are paid for, including government funding, private insurance, and out-of-pocket payments.
Health economics also considers the impact of economic incentives on healthcare providers and patients. For example, health economics studies the impact of reimbursement models on the provision of care, such as fee-for-service or capitation models. It also looks at how economic incentives affect patient behavior, such as the impact of cost-sharing on the utilization of healthcare services.
One of the key challenges in health economics is balancing the need for access to healthcare services with the cost of providing those services. As healthcare costs continue to rise, there is increasing pressure to control costs and allocate resources more efficiently. Health economics provides a framework for understanding how these trade-offs can be managed and how to maximize the impact of healthcare services on health outcomes while minimizing costs.
Health economics also has important implications for the nursing profession. For example, it helps to inform policy decisions related to staffing levels, staffing ratios, and staffing mix in hospitals and other healthcare settings. It also helps to inform decisions related to the allocation of resources for education and training programs for nurses.
Additionally, health economics is relevant to the practice of nursing in that it can inform decision-making related to patient care. For example, health economics can help nurses to understand the cost-effectiveness of different treatment options, as well as the impact of different care models on patient outcomes and healthcare costs. This can help nurses to make informed decisions about the most appropriate care for their patients and to advocate for the allocation of resources in a way that maximizes patient outcomes.
In conclusion, health economics is a critical area of study for nursing as it provides a framework for understanding the economic factors that influence the delivery of healthcare services and the allocation of resources. By understanding health economics, nurses can play an active role in shaping policy and decision-making related to the delivery of healthcare services and the allocation of resources. As healthcare costs continue to rise and the demand for healthcare services increases, the importance of health economics in nursing will only continue to grow.
RUBRIC
QUALITY OF RESPONSE |
NO RESPONSE |
POOR / UNSATISFACTORY |
SATISFACTORY |
GOOD |
EXCELLENT |
Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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Health Economics in Nursing
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