Pick one of the healthcare entities listed below and assume you were just hired as a healthcare manager. Using what you have learned so far about demand theory write a 4 to 5 page report (double-spaced) be mindful to use APA format for the paper and your references addressing the following questions:
- What is the shape of the demand curve for the services you provide? (e.g. elastic, inelastic) Explain why. Include a discussion of the implications of health insurance coverage for your services provided.
- Identify potential substitutes and complements and their impact on the demand curve?
- Explain the factors that might lead to a shift in the demand curve for your service?
Choose one of the following to discuss the questions above:
- Non-profit hospital
- Ambulatory Surgery center
- Physician’s Office
- Cosmetic Surgery Center
- Dental Office
- Laser Eye Center