What are the factors that make long-term care unique compared to a hospital?

Thus far in the course, the primary focus has been on hospitals within the healthcare industry. For this short paper, you will consider the economic issues related to long-term care facilities.

In this assignment, consider the following questions related to long-term care facilities:

What are the factors that make long-term care unique compared to a hospital?

  • What are the factors that make long-term care unique compared to a hospital?
  • What is the effect of Certificate of Need (CON) on the economics of long-term care economic decision making and how is this different from that of a hospital?
  • What does the forecast of supply and demand for the long-term care industry look like for the next 25 years and how should that impact decision making?
  • Should the U.S. government cover the costs for the elderly in the middle and wealthy classes?

What to Submit

Your paper must be submitted as a 2–3 page Microsoft Word document with double spacing, 12-point Times New Roman font, one-inch margins, and at least two sources cited in APA format.

Module Eight Short Paper Rubric

CriteriaExemplary (100%)Proficient (90%)Needs Improvement (70%)Not Evident (0%)Value
ComprehensionMeets “Proficient” criteria and includes exceptional details with specific examplesClearly articulates a good understanding of key economic principles applied to LTC organizationsArticulates the economic principles related to LTC organizations but missing key details and clarity of contentDoes not articulate an understanding of economic principles related to LTC organizations25
Analysis of Unique Features of LTC OrganizationsMeets “Proficient” criteria with exceptional detail and specific examplesAnalyzes the unique features of LTC organizations with clarity and detailAnalyzes some of the unique features of LTC organizations but missing key distinctions and clarity of contentDoes not analyze the unique features of LTC organizations20
Assessment of Future ChallengesMeets “Proficient” criteria with exceptional details and specific examplesAssesses future predictions and their impact on LTC decision-making with clarity and detailAssesses future predictions and their impact on LTC decision-making but missing key details and clarity of contentDoes not assess future predictions and their impact on LTC decision-making20
Critical ThinkingMeets “Proficient” criteria with exceptional details and strong supporting reasonsArticulates a clear argument for or against the U.S. government’s coverage of LTC for specific populations with adequate supporting reasonsArticulates an argument for or against the U.S. government’s coverage of LTC for specific populations with gaps in reasoning and detailsDoes not articulates a clear argument for or against the U.S. government’s coverage of LTC for specific populations25
Writing MechanicsMeets “Proficient” criteria and is presented in a professional and easy-to-read formatSubmission has no major errors related to citations, grammar, spelling, syntax, or organizationSubmission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideasSubmission has critical errors related to citations, grammar, spelling, syntax, or organization that obstruct understanding10
Total:100%

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