Question

1. According to Health care Supply, Analyze the role of the market in addressing workforce shortages, including projections for the physician market and monopsony model for the market for nurses.(
Explain in details and add references)

2. According to Health care Supply, Describe the difference between cost-saving and cost-increasing technology-based innovations. Provide an example of each and analyze why a cost-increasing innovation would continue to be used.( Explain in details and add references)

3. According to Economic Evaluation and Health Policy:
a) Supply and demand encompass the health care workforce, just as they do any other service providers. Describe the role that public policy plays when discussing physician shortages(Explain in details and add references)

b) Nursing shortages are a source of feared for many health care administrators. Describe what the nursing workforce is like in New York. (Your state board of nursing website is a good place to gain information.) Next, discuss what aspects are leading to an overall nursing shortage, and what steps are being done to counteract this shortage.(Explain in details and add references)

Answer 1

1. Over past few years the shortage of nurses have become a serious issue and many seats are left unfilled. It is actually dropped around 3-4 % in four years from 2000. The reason for this is due to the over workload that too due to nonnursing tasks. Thus, the stress related burnouts leads to resigning the job mostly in mid forties.

Nurses work around eight hours over time in a year so due to long shifts there accuracy and care decreases and errors increases. And they resign as they fed up with the job which leads to shortage of work force and difficulty in retirement for others.

2. Health insurance lifted all the financial barriers and raised the demand of new and advanced technologies in the health care. It broadly includes drugs, surgical procedures and organisational support. It increases the cost of health care.