IHP 620 SNHU Economic Issues of Long Term Care Facilities Paper

ompt: 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 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?

Guidelines for Submission: 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.

Critical Elements Exemplary (100%) Proficient (90%) Needs Improvement (70