Raising the minimum wage

 

 

 

 

Raising the minimum wage will also affect the labor costs of businesses. What is going to happen to the prices these businesses charge for their products? And who is going to be most affected by these price changes, those with low incomes or those with high incomes?

 

 

 

Opportunity cost

 

 

 

 

Think about major purchases you have made in the past. Now that you know about opportunity cost, would that knowledge have affected your decision to make any past purchases? Your journal entry must be at least 200 words in length. No references or citations are necessary.

Demand curve

 

 

 

 

 

Think about a decision you have to make concerning whether to text and drive. Using economics, explain the factors that have caused your demand curve to text and drive to shift over the past 5 years, and indicate in which direction your demand curve has shifted. Your journal entry must be at least 200 words in length. No references or citations are necessary.

 

Healthcare informatics systems

 

 

 

 

 

Consider the healthcare informatics systems that you have used either as a student or as a practicing nurse and discuss the following:

How easy is the system you currently use/have used in the past in terms of ease to learn, daily use, avoidance of duplication, improvement of workflow, and interface with other systems (ex- EKG or fetal monitoring and charting, glucometer use)? Why is this important?
What was your overall satisfaction with the system, and what could be improved?
Additionally, why is it important to have the input of nursing staff when designing and implementing an EHR?

A supply curve

 

 

 

 

What does a supply curve illustrate? Other than its own price, what are the determinants of the supply of a commodity. What would make a supply curve shift to the right?

Imagine that the market for orange juice is in equilibrium at a price of $8 per gallon. Provide two demand-related and two supply-related reasons why the equilibrium price could fall to $7.00 per gallon.

What will happen to the market for orange juice if both producers and consumers believe that prices will rise in the near future? Explain your answer.

What will happen to the market for oranges if the government offers price supports to citrus producers? Who will gain and who will lose? Provide examples and explain your answer.

Why is it unfair or meaningless to criticize a theory as “unrealistic?” Provide examples and explain your answer.

 

 

Existing best practices for creating a culture of quality and safety in your health care system

 

 

 

Research the existing best practices for creating a culture of quality and safety in your health care system to support patients who may experience cultural, language, age, and financial barriers. What specific best practices are encouraged? Discouraged? Clearly present and describe three best practices for all to consider. How could you accomplish these as a health care manager, and what would be needed to implement each one successfully?
Please read the best practices that are posted before making your initial post, to avoid duplication of information. Many best practices exist, so be original in your posting. Your summary of best practices should include a concise 200-word response, using peer-reviewed sources to find facts to support your points. Remember to use in-text citations in your post, also providing a reference list.

 

American Society for Health Care Risk Management

 

American Society for Health Care Risk Management. (2019). The growing role of the patient safety officer: Implications for risk managers. Available at https://www.ashrm.org/sites/default/files/ashrm/Monograph.PSO.pdf

 

Take some time to research the Patient Safety and Quality Improvement Act of 2005. This landmark piece of legislation continues to be a critical law for health care managers to follow. While promoting patient safety and quality of care, this act also caused (and continues to cause) some tension between improving the quality of care provided with acknowledging and reporting responsibility for error in the health care settings.

Review the three types of patient safety events that are reportable under the Patient Safety and Quality Improvement Act, and locate an example of such an event that has occurred under one of the three reportable categories. Then:

Clearly summarize the patient safety event. What (specifically) happened, what were the circumstances of the event, and what person(s)/position(s) was/were deemed to be at fault?
What stakeholders were involved? What was the role of each? Often, these events involve several stakeholders, so consider all parties carefully.
Articulate a specific plan for preventing this type of patient safety event from happening again. What (specifically) must change, be done differently, not be done, etc.?
On the last page of your assignment, draft an email to communicate the prevention plan to your employees. Be clear and concise in what your expectations are, and who is responsible for all parts of the plan’s implementation and monitoring.
SLP Assignment Expectations
Conduct additional research to gather sufficient information to support your analysis.
Provide a response of 3-5 pages, not including title page and references
As we have multiple required items to be addressed herein, please use subheadings to show where you’re responding to each required item and to ensure that none are omitted.
Support your paper with peer-reviewed articles and reliable sources