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What Is Health Care Economics

Health insurance is a means for individuals, employers, and society at large to manage costs related to health care. Ensuring stable insurance markets requires a thorough understanding of risk and risk pools. See more

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URL: https://online.hbs.edu/blog/post/what-is-healthcare-economics

Online Health Care Economics Course HBS Online

WEBAbout the Professor. Michael Chernew, PhD, is the Leonard D. Schaeffer Professor of Health Care Policy at Harvard Medical School. Dr. Chernew’s research examines …

Category:  Medical Go Health

How to Create a Culture of Ethics & Accountability in the …

WEBHere are five ways to get started. 1. Lead by Example. Establishing a culture of ethics and accountability starts with setting an example as an organizational leader. …

Category:  Health Go Health

Why Healthcare Professionals Need Business Skills

WEBBusiness Skills Every Healthcare Professional Needs. 1. Analytics. Analytics can help physicians identify disease outbreaks, track health epidemics in real time, and …

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Balance Sheets 101: Understanding Assets, Liabilities and Equity

WEBLiabilities. Liabilities and equity make up the right side of the balance sheet and cover the financial side of the company. This is a list of what the company owes. With liabilities, …

Category:  Health Go Health

3 Applications of Data Analytics in Healthcare

WEB3 Applications of Data Analytics in Health Care. Data analytics can have far-reaching effects on the health care industry. Here are three examples to consider for …

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Harvard Business School Online Courses & Learning …

WEBCLIMB enables new and experienced leaders to ignite their careers with a combination of vital and forward-looking business skills, self-reflection, and an immersive cohort-based …

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Online Business Courses & Certifications HBS Online

WEBSecure maximum value for your organization through a mastery of negotiation techniques. 8 weeks, 4-5 hrs/week. Apply by June 10 $1,750 Certificate. Complete three courses in …

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5 Steps in the Change Management Process HBS Online

WEB5 Steps in the Change Management Process. 1. Prepare the Organization for Change. For an organization to successfully pursue and implement change, it must …

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What Is GDP & Why Is It Important

WEBThe Importance of GDP. Everyone—investors, politicians, and citizens—is impacted by the strength of global and local economies, and GDP is a critical …

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How to Analyze a Dataset: 6 Steps HBS Online

WEB6 Steps to Analyze a Dataset. 1. Clean Up Your Data. Data wrangling —also called data cleaning—is the process of uncovering and correcting, or eliminating …

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How to Determine the Financial Health of Your Company

WEBThe cash flow statement provides information on a company’s financial health by helping you analyze the following: The liquidity situation of the company. The …

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How to Prepare a Balance Sheet: 5 Steps HBS Online

WEBThe Purpose of a Balance Sheet. Balance sheets are one of the most critical financial statements, offering a quick snapshot of the financial health of a …

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5 Strategies for Conflict Resolution in the Workplace

WEBHere’s a breakdown of the five strategies and when to use each. 1. Avoiding. Avoiding is a strategy best suited for situations in which the relationship’s importance …

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What Is Risk Management & Why Is It Important

WEB4 Reasons Why Risk Management Is Important. 1. Protects Organization’s Reputation. In many cases, effective risk management proactively protects your …

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How to Read & Understand a Balance Sheet HBS Online

WEBWhile this equation is the most common formula for balance sheets, it isn’t the only way of organizing the information. Here are other equations you may encounter: …

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How Information Asymmetry Can Drive Up Insurance Prices

WEBRisk Premium. $500. Administrative Costs. $2,500. Total Cost. $17,000. Of course, as the cost of insurance goes up, the number of people who want to (or can …

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13 Financial Performance Measures Managers Should Monitor

WEB9. Total Asset Turnover. Total asset turnover is an efficiency ratio that measures how efficiently a company uses its assets to generate revenue. The higher the …

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Financial Terminology: 20 Financial Terms to Know

WEB10. Depreciation: Depreciation represents the decrease in an asset’s value. It’s a term commonly used in accounting and shows how much of an asset’s value a …

Category:  Health Go Health

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