Which would involve a more detailed analysis of the factors

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Reference no: EM133401990

Question 1: Imagine that senior executives of the hospital where you are employed are considering a significant expansion of its emergency care center that is smaller than other centers in the metro area. You have been tasked with communicating health care economic principles that must be considered as they explore and make decisions regarding the project.

Question 2: There are a great many considerations when planning an expansion of this kind, such as building and finance costs, permitting, land acquisition, et cetera. Two critical considerations are the supply emergency care services and the demand for health care workers. The executives are also interested in the revenue prospect. How will the patients pay? Who pays?

Question 3: The information should inform the leadership's decision to pursue the next steps in the expansion evaluation, which would involve a more detailed analysis of the factors that you outline. It should not be a full market analysis or evaluation of specific costs, but rather an introduction to the economic considerations.

Reference no: EM133401990

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