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Analyze and comment on economic analyses of health administrative innovations th

ID: 1091801 • Letter: A

Question

Analyze and comment on economic analyses of health administrative innovations that are germane to the provision of health services. How have these innovations become more important in health care delivery within the context of the Affordable Care Act? Develop a list of similarities and differences between cost benefit analysis and cost effectiveness analysis as they pertain to specific health care service demands. Compare and contrast economic challenges and incentives as they relate specifically to cost benefit and cost effectiveness analyses.

Explanation / Answer

Equity in the Digital Age

Technology tends to simplify or automate human processes, which eventually leads to the mass production of goods and services that consumers are willing to pay for.

Over time, these goods and services will increase in value and quality even as the costs of production decrease. This is important because waste and inefficiency in the nation

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