Healthcare Economics

1. In a minimum of 250 words, explain your interpretation of the concept health economics. In addition identify three influences as it relates to health economics. Once you have responded to the topic of discussion, Your post to the given topic of discussion should contain a minimum of 2–3 peer-reviewed references.

2. The US health care industry is immense, complex and dynamic. Every country faces the decisions of what services should be produced, how they should be produced, how they should be distributed, and how to allow for growth and innovation? Comment on how these decisions are currently being made in the United States? What are the various purposes that prices served? Can you provide an example of how a particular purpose of price has affected an organization you are familiar with? Your post to the given topic of discussion should contain a minimum of 2–3 peer-reviewed references.