Healthcare Economics

For Questions 1, 2, 3 address the issue in one page with substantiation.Question 1:  (33.33%) Consider potential patient use of micro-hospitals in view of behavioral economic theory using either the status qua bias or decision fatigue to determine if cost savings of these micro-hospitals will prove effective in controlling healthcare costs in the U.S.  Refer to Chapter 4 and the readings.Question 2:  (33.33%)If economic analysts believe managed care strategies offer the best hope for controlling U.S. health costs by changing what services are provided rather than changing consumer demand  (Rice & Unruh, p. 121), would changing the place of service, using micro-hospitals, be useful to address supply-side policies?Question 3:  (33.33%)If one of the main factors to determine healthcare labor demand is “healthcare delivery system design and financing (including efficiencies, reimbursement rates, and labor substitution),” how would the micro-hospital design impact healthcare labor demand? See Chapter 8

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