The Economics Of Health Reconsidered Pdf Reader
Page/Link:Page URL:HTML link:The Free Library. Retrieved Feb 04 2020 fromRobert H. Economics for Healthcare Managers(2nd).ISBN 13: 978-1-56793-314-7Hardbound, 264 pp, 2009Imprint: AUPHA/HAP BookOrder code: WWW1-2127Price: $85.00Thomas Rice, Ph.D.
And Lynn Unruh, Ph.D., RN (2009).The Economics of Health Reconsidered (3rd).ISBN 13: 978-1-56793-328-4Hardbound, 450 pp, August 2009Imprint: AUPHA/HAP BookOrder code: WWW1-2133Price: $94.00According to the Census Bureau (DeNavas-Walt, Proctor & Smith,2009) the number of uninsured increased to 46.3 million in 2008, from45.7 million in 2007. To the professor of health economics, this book features valuableteaching aids for syllabus development and course planning. Clearlystated learning objectives and key concepts introduce each chapter;homework exercises and glossaries conclude each of the seventeenchapters. Each chapter is approximately 20 pages, suitable to fit a 14week semester. To the student of health economics, case studies andweb-based resources enhance interest and overall learning. Most notableis that each chapter contains a number of current references, puttingthis text in a class of its own among the many outdated health economicstextbooks presently on the market. Although the forecasting chapter, newto this edition, affords the student a value added measure of'business' decisions, students who do not have at least abasic understanding of statistics will be limited to a cursoryunderstanding of the forecasting methodologies presented in thischapter, such as percentage adjustment, regression analysis, and movingaverage method.
Missing from the book is a review of basic economicconcepts. Written for students with minimal or no background ineconomics, there is arguably enough economic application that warrantsan appendix or introductory chapter to review (or introduce) standardtools of economics. As a stand-alone text in healthcare economics, or anancillary to health care finance, the book provides the right balancebetween economic theory and mathematics for a first course in healthcareeconomics. Excellent instructor ancillaries including power points andinstructor's manual are available for this text through HealthAdministrative Press at www.ache.org/hap.cfm.Offering another approach, just as valuable to the academic andpractitioner communities, is the third edition to The Economics ofHealth Reconsidered, revised by Dr. Thomas Rice, professor at the UCLASchool of Public Health, co-authored with Dr.
Lynn Unruh, associateprofessor in the Department of Health Management and Informatics at theUniversity of Central Florida (who is also a registered nurse).The central purpose of this book is to reconsider the economics ofhealth by 'examining the assumptions on which the superiority ofcompetitive approaches is based, and how failure to meet thoseassumptions affects health policy choices' (2009, p. This isboth a refreshing and effective approach of combining economic theoryand positive (vs. Normative) analysis to the health care service sector.While classical economic theory places market forces at the heart ofanalysis, the conventional starting point for most health economicstextbook, these authors offer a different and unique model for thehealthcare economist. After a brief introductory chapter, 39 pagesreview traditional economic theory framed in the competitive model usingbasic mathematical tools.
Topics include consumer theory includingoptimization, derivation of income and substitution effects, andelasticity. Next, producer theory sets the framework for market structurefollowed by profit maximization analysis. This chapter is well definedand most important given that a student's ability to apply theprinciples of microeconomic theory to the healthcare sector rests on hisor her successful understanding of microeconomic principles. Beforeproceeding to the individual components of healthcare economics, chapterthree entitled, The Assumptions Underlying the Competitive Model and theRole of Government, marks the greatest strength of this book; themessage that 'markets solutions seem more effective than theyactually are in solving key social problems in healthcare' (Rice& Unruh, 2009, p. From that point forward, each chapter isdelineated by the basic elements of economics (e.g. Demand, supply andprofit analysis) within the heath care setting.The market for physicians in Chapter 8 (labor economics) is new tothis third edition.
Chapter 9, entitled, Equity and Redistribution goesbeyond the traditional 'efficiency' measure in economics todiscuss topical issues related to equity and the redistribution ofwealth, namely, the national health insurance debate. The final chapterand accompanying appendix present a useful comparative analysis ofhealthcare systems in developed countries.The book includes eleven richly written chapters in 475 pages. Drs.Tice and Unruh have successfully written a realistic economics textbookfor students with at least a minimum background in economics. However,the authors' inclusion of a more than thorough review of basiceconomic theory and mathematical tools at the onset of the text shouldbe enough educational material for the novice economic student andprofessor of introductory Health Economics to adopt this text forclassroom use - as a standalone text or supplement reading to courses inhealthcare economics, finance, management or health policy. Users ofthis text would benefit greatly from the addition of chapter objectivesand/or outcomes. There are neither homework questions nor vocabularyguides to assist student learning, with the exception of end of chaptersummaries.
An instructor's manual is available for this textthrough Health Administration Press.With the healthcare sector at a crossroads, and a glimpse ofpossible reform looming in the not too distant horizon, two contemporarylooks at the economics of healthcare are now available to students andprofessors of health economics; one revised and the other, reconsidered.REFERENCESCenters for Medicare and Medicaid Services. National HealthExpenditure Data.
The Economics Of Health Reconsidered Pdf Reader Free
REtireved November 18, 2009 fromC., Proctor, B. CensusBureau, Current Population Reports, P60236, Income, Poverty, and HealthInsurance Coverage in the United States: 2008, U.S. Government PrintingOffice, Washington, DC (T. (2009) The Economics of HealthReconsidered (3rd). Health Administration PressHelisse LevineLong Island University.