Milestone 2

8/1/23, 5:54 PM Assignment Information

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IHP 620 Milestone Two Guidelines and Rubric

Prompt

In the �rst part of the course, we have applied foundational economic principles to the healthcare industry. For the �rst part of your �nal project, you will analyze these same microeconomic

and macroeconomic principles and their impact on healthcare markets, healthcare service, and organizations. In this milestone, you will apply the knowledge you have gained through the �rst

half of the course, as well as research current economic environments and legislative changes to gauge the impact on the healthcare industry through a policy research report.

In Milestone Two, you will submit your draft of the policy research report. Based on instructor feedback and direction, you will revise your policy research report for the �nal submission of the

policy research and organizational analysis report in Module Nine.

Your policy research report should address the following elements:

I. Economic Theories and Principles:

A. Economic Disparities: Analyze the relationship between the �nancial well-being of the industry and availability of healthcare, in consideration of market and demand theories.

B. Economic Theories: What economic theories are most useful when applied to the healthcare industry and why?

C. Use of Economic Principles: Why do organizations utilize economic principles to guide strategic short-term and long-term decision making?

II. For-Pro�t and Nonpro�t:

A. Financial Differentiation: What differentiates for-pro�t and nonpro�t healthcare organizations �nancially? What characteristics of each type of healthcare organization make the

organizations different?

B. Economic Differentiation: What differentiates for-pro�t and nonpro�t healthcare in terms of economic policies and legislation? What key recent and current economic policies

impact each?

III. Policy, Changes, and Disparities:

A. Economic Policy and Disparities in Care: Using current research and information (within the last �ve years), analyze the relationship between economic policy and disparities in

care. How are they connected? How do they differ?

B. Policy Changes: What impact do recent legislative changes have on healthcare economic policy in general?

C. Disparities Planning: Why are disparities of care factored into healthcare strategic planning? Explain your reasoning and provide examples for support where appropriate.

What to Submit

Your report should be in APA format and all resources and references should be cited appropriately. A well-written, concise report will fall within the range of 4–6 pages, not including

references and title page.

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8/1/23, 5:54 PM Assignment Information

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Milestone Two Rubric

Criteria Exemplary (100%) Pro�cient (90%) Needs Improvement (75%) Not Evident (0%) Value

Economic Disparities Meets “Pro�cient” criteria and

analysis demonstrates strong

analytical skills through

nuanced comparison of

theories

Accurately analyzes the

relationship between the

�nancial well-being of the

industry and availability of

healthcare, using market and

demand theories as support

Analyzes the relationship

between the �nancial well-

being of the industry and

availability of healthcare, but

without market and demand

theory support or with gaps in

accuracy

Does not analyze the

relationship between the

�nancial well-being of the

industry and availability of

healthcare

12

Economic Theories Meets “Pro�cient” criteria and

the quality and detail of the

conclusions evidences keen

insight into the application of

economic theory within the

healthcare environment

Determines what economic

theories are most applicable to

the healthcare industry and

explains conclusions in detail

Determines economic theories

that are applicable and explains

why, but lacks detail or

accuracy

Does not determine economic

theories that are applicable and

explain why

12

Use of Economic Principles Meets “Pro�cient” criteria and

explanation evidences keen

insight into the economic

impact of organizational

planning

Logically explains why

individual organizations utilize

economic principles for short-

term and long-term strategic

planning

Explains why individual

organizations utilize economic

principles for short-term and

long-term strategic planning,

but with gaps in logic or detail

Does not explain why individual

organizations utilize economic

principles for short-term and

long-term strategic planning

12

Financial Differentiation Meets “Pro�cient” criteria and

comparison evidences keen

insight into the �nancial needs,

requirements, and impacts on

and for the two types of

organizations

Accurately differentiates

between for-pro�t and not-for-

pro�t healthcare organizations

in terms of �nances and

organizational characteristics

Differentiates between for-

pro�t and not-for-pro�t

healthcare organizations, but

not in terms of �nances and

organizational characteristics,

or with gaps in accuracy

Does not differentiate between

for-pro�t and not-for-pro�t

healthcare organizations

10

Economic Differentiation Meets “Pro�cient” criteria and

comparison evidences keen

insight into the nuanced

relationships between the type

of organizations and economic

policies and legislation

Accurately differentiates

between for-pro�t and not-for-

pro�t healthcare organizations

in terms of economic policies,

legislation, and recent changes

Differentiates between for-

pro�t and not-for-pro�t

healthcare organizations, but

not in terms of economic

policies, legislation, and recent

changes, or with gaps in

accuracy

Does not differentiate between

for-pro�t and not-for-pro�t

healthcare organizations

10

8/1/23, 5:54 PM Assignment Information

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Criteria Exemplary (100%) Pro�cient (90%) Needs Improvement (75%) Not Evident (0%) Value

Economic Policy and

Disparities in Care

Meets “Pro�cient” criteria and

analysis evidences keen insight

into the nuances of and varied

in�uences on the relationship

between economic policy and

care

Accurately analyzes the

relationship between economic

policy and disparities in care,

using current data

Analyzes the relationship

between economic policy and

disparities in care, but with

gaps in accuracy, or without

using current data

Does not analyze the

relationship between economic

policy and disparities in care

12

Policy Changes Meets “Pro�cient” criteria and

determinations provide a broad

view of healthcare economic

policy within the current

environment

Accurately determines the

impact recent legislation

changes have had on economic

healthcare policies in general

Determines the impacts recent

legislation changes have had on

economic healthcare policies,

but with gaps in accuracy or

detail

Does not determine the impact

recent legislation changes have

had on economic healthcare

policies

12

Disparities Planning Meets “Pro�cient” criteria and

description effectively ties the

explanation to the real world

using examples and relevant

sources for support

Accurately describes why

disparities of care are factored

into healthcare strategic

planning with examples for

support

Describes why disparities of

care are factored into

healthcare strategic planning,

but with gaps in accuracy or

support

Does not describe why

disparities of care are factored

into healthcare strategic

planning

10

Articulation of Response Submission is free of errors

related to citations, grammar,

spelling, syntax, and

organization and is presented

in a professional and easy-to-

read format

Submission has no major errors

related to citations, grammar,

spelling, syntax, or organization

Submission has major errors

related to citations, grammar,

spelling, syntax, or organization

that negatively impact

readability and articulation of

main ideas

Submission has critical errors

related to citations, grammar,

spelling, syntax, or organization

that prevent understanding of

ideas

10

Total: 100%