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Apply  Froeb’s Analytic Method:  Who made the bad decision; what information  did they have, was it good, bad, unclear; and what was their incentive? 

Understanding the Robinson-Patman Act.   https://www.ftc.gov/tips-advice/competition-guidance/guide-antitrust-laws/price-discrimination-robinson-patman

Intel  made large loyalty payments to HP in exchange for HP buying most of  their chips from Intel instead of rival AMD. AMD sued Intel under the  antitrust laws, and Intel settled the case by paying $1.25 billion to  AMD.

• What incentive conflict was being controlled by these loyalty payments?
• What advice did Intel ignore when they adopted this practice?
• Why did they ignore it?

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You just started working as a Health Service Manager within one of the following health care entities  First, (A) choose a health entity below to discuss the questions that follow:

1. Ambulatory Surgery center
2. Pharmacy
3. Physician’s Office
4. Cosmetic Surgery Center
5. Laser Eye Center
6. Dental Office

(B) Your boss has asked you to write a business memo  (not just a standard essay), addressed to your boss (assume that’s your Professor) detailing how the demand for your products or services is impacted by various economic factors.  In writing your business memo, use the regular business memo format (with the usual To, From, Date, Subject entries) be sure to include your name, and identify the health care entity you chose above, in the subject line. In order for your boss to easily review your memo, please include section headers to correspond to the questions below.

Answer the following questions relying primarily on the course readings and other resource material presented in this class (do not use or cite any other sources).

1. Describe a product or service your company provides to your patients
2. Evaluate the demand curve for your product and the relationship between the price of your service/product and the quantity demanded.

In this evaluation, be sure to identify:

• whether demand is sensitive (e.g. elastic) or less sensitive (e.g. inelastic) to changes in the price.
• evaluate why this elasticity of demand relationship might occur.
• include a discussion of how the existence of health insurance would impact the elasticity of demand.

1. Define “substitute” goods and identify potential substitutes for your product/service. Evaluate how the existence of such substitutes may impact the demand for your product/service.
2. Define “complement” goods and identify potential complements for your product/service. Evaluate how does the existence of such complement goods may impact the demand for your product/service.
3. Identify and discuss at least two economic factors that might lead to a shift in the demand curve for your product/service?

Apply the APA style format as you learned in HMGT 300. The assignment rubrics are the same as those used for Assignment 1.

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Demonstration of Proficiency

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:

• Competency 3: Transform processes to improve quality, enhance patient safety, and reduce the cost of care.
  • Propose a plan, referencing relevant existing and newly created processes, to implement an intervention to improve quality and safety, and reduce costs within the context of a chosen health problem.
• Competency 4: Apply health information and patient care technology to improve patient and systems outcomes.
  • Analyze technology within a chosen health care practice context to support a proposed plan.
• Competency 5: Analyze the impact of health policy on quality and cost of care.
  • Explain the ways in which governmental or organizational policies could impact the proposed plan.
• Competency 6: Collaborate interprofessionally to improve patient and population outcomes.
  • Explain strategies for communicating and collaborating with patients and interprofessional teams to improve health outcomes.
• Competency 8: Integrate professional standards and values into practice.
  • Communicate professionally in clear, logically organized writing, using correct grammar, spelling, and APA style.

Important: You must complete all of the assessments in order for this course.

Professional Context

As a professional nurse, you perform a critical role in solving a host of health care problems. In this assessment, you will use the literature to plan best-practice strategies to foster positive health outcomes for your chosen patient or population.

Preparation

Your intervention and implementation plan should be carried out in an interprofessional context, aligned to your topic, and based on the work you did in the first assessment. You should find collaborators as soon as possible so you can solicit their feedback about intervention and implementation plans to inform your approach.

Instructions

Having identified a health problem relevant to your current or future nursing practice and reviewed the literature to support nursing standards, decision making, and improvement strategies, you should now plan an intervention to address the chosen health problem based on the research you conducted.

Construct a plausible plan that leverages the best practices and research collected to date as well as additional research into similar projects that you find in the literature. Be sure to frame your plan within the context of the health care setting in which you are completing your practicum hours. Incorporate relevant site-specific processes and policies into your implementation plan.

Use the Plan Proposal Template [DOC] to complete this assessment.

As you develop your plan, be sure to address the following:

• Collaboration and communication with patients and colleagues to improve health outcomes.
• Governmental or organizational policies that could affect the plan.
• Quality and safety improvement strategies.
• Technology at the site that could be leveraged.

Scoring Guide Criteria

• Propose a plan, referencing relevant existing and newly created processes, to implement an intervention to improve quality and safety, and reduce costs within the context of a chosen health problem.
• Analyze technology within a chosen health care practice context to support a proposed plan.
• Explain the ways in which existing governmental or organizational policies could impact the proposed plan.
• Explain strategies for communicating and collaborating with patients and interprofessional teams to improve health outcomes.
• Communicate professionally in writing that is clear, logically organized, and uses correct grammar, spelling, and APA style.

Additional Requirements

• Length of submission: Use the provided template. Most submissions will be 3 to 5 pages. You do not need to include a title page. Be sure to complete the reference page at the end of the template.
• Number of references: Cite a minimum of 5 sources of scholarly or professional evidence that support your central ideas. Resources should be no more than five years old.
• APA formatting: Make sure that in-text citations and reference list follow current APA style.

Portfolio Prompt: Remember to save the assessment to your ePortfolio. After you complete your program you may want to consider leveraging your Portfolio as part of a job search or other demonstration of your academic competencies.

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