During this week, a recession begins to strike the island. Three of the five employers have reduced their workforce sizes. The unemployment rate has gone from 0% to 7%. Unfortunately, the employers are not able to offer severance, so those who have lost their jobs do not have any financial security.

While your island deals with this recession, ClemCock seems to be thriving. In fact, ClemCock has a new IT company and is recruiting individuals to work for it. This company offers competitive salaries and full health benefits. During the recruiting process, representatives from ClemCock have come to your island to interview potential candidates for the positions. For many, interest in moving to ClemCock has piqued.

Because ClemCock’s economy is stimulated, their government and private sector have been able to invest in innovative medical technology. Their hospitals offer state of the art equipment and devices. Your island’s hospital equipment pales in comparison--and you note that several individuals are traveling to ClemCock for critical medical procedures. Because of this, your hospitals are losing profit. Also, many doctors and nurses on your island are questioning why their facilities are not keeping up with ClemCock’s technology.

Vision: Provide highest quality of life for all inhabitants

Mission: Maintain current levels of employment, education, and health

Values Statements:

• We value respect for all people.

• Everyone should contribute to society following policies and regulations.

• Society should maintain efficiency and effectiveness to innovate change as needed and interact with the environment.

You are worried that your citizens will begin to emigrate to the other island. You know that this will only cause your island’s financial situation to further deteriorate. In addition, you must find a way to appease the healthcare providers on your island.

Going forward, how will you ensure your island’s prosperity?

National savings in US is equal to 40 billion dollars. Suppose US is an open economy and the real interest rate on Canada bonds increases. All else equal, what would we expect to happen to US investment and net capital outflow? Select one:

a. Net capital outflow decreases and US investment increases.

b. Net capital outflow increases and US investment increases.

c. Net capital outflow increases and US investment decreases.

d. Net capital outflow decreases and US investment decreases.

Risk-Based Reimbursement

For your assignment, a primary care physician is often reimbursed by Health Maintenance Organizations (HMOs) via capitation, fee-for-service, relative value scale, or salary. Capitation is considered as a risk-based compensation.

In an effort to understand the intricacies involved with physician reimbursement, particularly in an era of health care reform, identify and interview an expert in the field, such as:

·      Hospital Administrator

·      Managed Care Organization (MCO) executive

·      Health care Consultant

·      Legal Professional

Assumption: MCOs use risk-based reimbursement for primary care physicians.

Ask the following questions in the interview:

·      What kind of risk do the MCOs assess?

·      Does risk-based compensation limit the freedom of primary care physicians in any way in terms of patient care? Why or why not?

·      How does the capitation model of reimbursement work? Do physicians generally prefer one model over the other? Why or why not?

·      Why do HMOs prefer the prepaid, monthly premium?

·      Is pay-for-performance a better model than existing models of compensation? Are there limitations to it as well?

Feel free to add additional follow-up questions for depth and clarification as you see fit.

.

Risk-Based Reimbursement

For your assignment, a primary care physician is often reimbursed by Health Maintenance Organizations (HMOs) via capitation, fee-for-service, relative value scale, or salary. Capitation is considered as a risk-based compensation.

In an effort to understand the intricacies involved with physician reimbursement, particularly in an era of health care reform, identify and interview an expert in the field, such as:

·      Hospital Administrator

·      Managed Care Organization (MCO) executive

·      Health care Consultant

·      Legal Professional

Assumption: MCOs use risk-based reimbursement for primary care physicians.

Ask the following questions in the interview:

·      What kind of risk do the MCOs assess?

·      Does risk-based compensation limit the freedom of primary care physicians in any way in terms of patient care? Why or why not?

·      How does the capitation model of reimbursement work? Do physicians generally prefer one model over the other? Why or why not?

·      Why do HMOs prefer the prepaid, monthly premium?

·      Is pay-for-performance a better model than existing models of compensation? Are there limitations to it as well?

Feel free to add additional follow-up questions for depth and clarification as you see fit.

.

compare and contrast schizophreniform disorder from brief psychotic disorder, for this discussion, you will need to place particular emphasis on how comprehensive assessment could help us to arrive at the correct diagnosis.

Select 3-5 financial markets or economic metrics. Compare and contrast financial markets metrics of 2008, 2012, and 2016 - has the US economy sufficiently recovered from the financial crisis?

2. Comment on the health of the existing banking system from the perspective of the following:

a. an investor in a large bank like Citigroup,

b. a depositor at a small local savings bank, and

c. as a US taxpayer.

In one market update session, a company’s story from birth to death (bankruptcy). What was its name?

Group of answer choices：

Enron Corporation

Toys “R” Us

Sears

Macy’s