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NRS 433V Introduction To Nursing Research Assignment

NRS 433V Introduction To Nursing Research Assignment NRS 433V Introduction To Nursing Research AssignmentQuestions:1. What is health economics and how does it impact your practice? Identify issues you think are important related to health economics and/or financing in health care.2. The readings for this week suggests our health care system is a failure or at least is in need of major overhaul. Do you agree or disagree? Develop an argument supporting your stance. Use several economic concepts introduced in the readings to explain/support your argument.3. Address how the current state of economic affairs affects the role of the APN. Why is it important for APNs to have knowledge of health economics and finance?4. How does economic and finance affect this discipline?ORDER A PLAGIARISM-FREE PAPER HERE5. What is important to economics and financing in healthcare?6. Centers of Medicare and Medicaid Services estimate by 2020 the gross domestic product for the medical expenses in the United States will be almost 20%. The United States spends more on healthcare than any other country in the world (Penner, 2013). Is our healthcare system a failure?NRS 433V Introduction To Nursing Research AssignmentAnswers:1.Health economics is a branch of economics that is concerned with efficiency, effectiveness, value creation, and consumption in the health care sector. The economists are interested in the study of functions in the health care sector and how they relate to economics and finance. The major issues in this practice include allocation of resource, costs, resource use and efficiency. These aspects include mobilization of funds for health care, allocation of these funds to specific health sectors and regions across the country. Another important issue in health care financing is the means that citizens use to pay for health care. The practice is also involved in distributing resources to ensure health care affordability by citizens of different social class. The issue of medical insurance has been a thorny issue in the country over the last few years because there are many people who are not able to afford the insurance covers and may end up not assessing essential medical care.2.The current health care system in the country is a failure because of a variety of reasons as listed above. A successful health care system has outright characteristics such as being efficient, proper allocation of resources and cost effective (Culyer, 2014). A look at the health care system as it is reveals that the system has failed to meet the threshold of a successful health care system and therefore it is a failure. The cost of the current health care system is too high and not affordable to many. The utilization of the resources that are allocated for health care is also questionable with many of the funds being used for the wrong purpose.NRS 433V Introduction To Nursing Research Assignment3.APN`s play a very important role in health care and precisely in management of finances in the health care department. The current state of affairs affects APN`s greatly because they are expected to provide medical care to all patients despite the harsh conditions in the sector. Without proper allocation of resources in the health care sector, the delivery of services to patients becomes impossible since there may be shortage of equipment and even drugs in the hospitals. It is important for APN`s to have knowledge of health economics since they can help to improve the system through efficient use of resources (Rosenthal, 2017). NRS 433V Introduction To Nursing Research Assignment

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