NUR-621 Economic Theories and Models in Health Care 

Sample Answer for NUR-621 Economic Theories and Models in Health Care Included After Question

The purpose of this assignment is to describe economic theories and models in health care. Include your responses in the worksheet listed below and base your responses on evidence. Include references to your textbook and one scholarly article. The four theories/models are listed below. 

  NUR-621-RS-T2-EconomicTheoriesModels.docx 

 Theories/Models 

  Description/Definition 

  Example Related to Health Care 

  Components 

  1. Efficiency 

  2. Supply and Demand 

  3. Economies of Scale

  4. Market Failure 

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(SECOND) Health Care Reimbursement Training Plan 

Scenario: You are an administrator at a health care facility providing a training session for new employees. 

Create a training plan using the “NUR-621 Health Care Reimbursement Training Plan” template provided that describes how Medicare, Medicaid, and private insurance reimburse health care organizations for their services. 

Include two to three references, including your textbook. 

While APA style is not required for the body of this assignment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines, which can be found in the APA Style Guide, located in the Student Success Center. 

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion. 

 Refer to the LopesWrite Technical Support articles for assistance. 

  

  

AttachmentsNUR-621-RS-T2-HealthCareReimbursementTrainingPlan.docx 

A Sample Answer For the Assignment: NUR-621 Economic Theories and Models in Health Care 

Title: NUR-621 Economic Theories and Models in Health Care 

RUBRIC 

Health Care Reimbursement Training Plan 

No of Criteria: 6 Achievement Levels: 5 

Criteria 

Achievement Levels 

Description 

Percentage 

Unsatisfactory 

75.00 % 

Less Than Satisfactory 

80.00 % 

Satisfactory 

88.00 % 

Good 

92.00 % 

Excellent 

100.00 % 

Content 

100.0 

  

  

 Training Summary and Focus 

20.0 

The training summary and central focus are insufficient or not provided. 

The training summary and central focus are incomplete. 

The training summary and central focus are adequate. 

The training summary and central focus are detailed. 

The training summary and central focus are detailed and comprehensive. 

Objectives 

20.0 

The objectives are not sufficiently written. 

The objectives are not clearly written or measurable. 

The objectives are measurable. 

The objectives are measurable and specific. 

The objectives are measurable, specific, and detailed. 

Training Outline 

40.0 

The training outline does not sufficiently describe how Medicare, Medicaid, and private insurance reimburse health care organizations. 

The training outline does not clearly describe how Medicare, Medicaid, and private insurance reimburse health care organizations. 

The training outline provides a description of how Medicare, Medicaid, and private insurance reimburse health care organizations. 

The training outline provides a detailed description of how Medicare, Medicaid, and private insurance reimburse health care organizations. 

The training outline provides a detailed and comprehensive description of how Medicare, Medicaid, and private insurance reimburse health care organizations. 

Resources, Materials, Equipment, and Technology 

10.0 

Resources, materials, equipment, and technology are insufficient or are not described. 

Resources, materials, equipment, and technology are not clearly described. 

Resources, materials, equipment, and technology are included. 

Resources, materials, equipment, and technology are appropriate for the lesson. 

Resources, materials, equipment, and technology are innovative and enhance the lesson. 

Mechanics of Writing (includes spelling, punctuation, grammar, and language use) 

5.0 

Surface errors are pervasive enough that they impede communication of meaning. Inappropriate word choice or sentence construction is employed. 

Frequent and repetitive mechanical errors distract the reader. Inconsistencies in language choice (register) or word choice are present. Sentence structure is correct but not varied. 

Some mechanical errors or typos are present, but they are not overly distracting to the reader. Correct and varied sentence structure and audience-appropriate language are employed. 

Prose is largely free of mechanical errors, although a few may be present. The writer uses a variety of effective sentence structures and figures of speech. 

The writer is clearly in command of standard, written, academic English. 

Documentation of Sources (citations, footnotes, references, bibliography, etc., as appropriate to assignment and style) 

5.0 

Sources are not documented. 

Documentation of sources is inconsistent or incorrect, as appropriate to assignment and style, with numerous formatting errors. 

Sources are documented, as appropriate to assignment and style, although some formatting errors may be present. 

Sources are documented, as appropriate to assignment and style, and format is mostly correct. 

Sources are completely and correctly documented, as appropriate to assignment and style, and format is free of error