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Courses Name: Financial Management for Healthcare HCM 213

***Please i need 500 words ..

I need new and unique answers, please. (Use your own words, don't copy and paste)

Each student should write a page and a half about any factor that contributing in decreasing or increasing the cost of healthcare.

***Please i need 500 words ..

I need new and unique answers, please. (Use your own words, don't copy and paste)

EXHIBIT 1.8 FACTORS AFFECTING THE COST OF CARE Factors Contributing to Decreases in Costs Value-based purchasing Management of physician preference in medical devices Factors Contributing to Increases in Costs Emerging medical technology Genric drugs coming onto the market Chronic diseases . More robust use of health IT to manage populations and prevent medical errors Aging population Lean/Six Sigma initiatives Influx of participants into the market due to extended coverage and insurance mandate Professional liability and malpractice costs Informed consumers responsible for more of the cost of care Workplace wellness and employer programs