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What Is Health Care Economics

Health insurance is a means for individuals, employers, and society at large to manage costs related to health care. Ensuring stable insurance markets requires a thorough understanding of risk and risk pools. See more

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URL: https://online.hbs.edu/blog/post/what-is-healthcare-economics

Online Health Care Economics Course HBS Online

WebAbout the Professor. Michael Chernew, PhD, is the Leonard D. Schaeffer Professor of Health Care Policy at Harvard Medical School. Dr. Chernew’s research examines …

Category:  Medical Go Health

Why Healthcare Professionals Need Business Skills

WebBusiness Skills Every Healthcare Professional Needs. 1. Analytics. Analytics can help physicians identify disease outbreaks, track health epidemics in real time, and …

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3 Applications of Data Analytics in Healthcare

Web3 Applications of Data Analytics in Health Care. Data analytics can have far-reaching effects on the health care industry. Here are three examples to consider for …

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Balance Sheets 101: Understanding Assets, Liabilities and Equity

WebLiabilities. Liabilities and equity make up the right side of the balance sheet and cover the financial side of the company. This is a list of what the company owes. With liabilities, …

Category:  Health Go Health

How to Determine the Financial Health of Your Company

WebThe cash flow statement provides information on a company’s financial health by helping you analyze the following: The liquidity situation of the company. The …

Category:  Health Go Health

7 Strategies for Improving Your Management Skills

Web1. Strengthen Your Decision-Making. Sound decision-making is a crucial skill for managers. From overseeing a team to leading a critical meeting, being an effective …

Category:  Health Go Health

Balance Sheets 101: What Goes on a Balance Sheet

WebA balance sheet provides a snapshot of a company’s financial performance at a given point in time. This financial statement is used both internally and externally to …

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Harvard Business School Online Courses & Learning …

WebCLIMB enables new and experienced leaders to ignite their careers with a combination of vital and forward-looking business skills, self-reflection, and an immersive cohort-based …

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Cost-Benefit Analysis: What It Is & How to Do It

WebA Data-Driven Approach. Cost-benefit analysis allows an individual or organization to evaluate a decision or potential project free of biases. As such, it offers …

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5 Steps in the Change Management Process HBS Online

Web5 Steps in the Change Management Process. 1. Prepare the Organization for Change. For an organization to successfully pursue and implement change, it must be …

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How Information Asymmetry Can Drive Up Insurance Prices

WebRisk Premium. $500. Administrative Costs. $2,500. Total Cost. $17,000. Of course, as the cost of insurance goes up, the number of people who want to (or can …

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Online Business Courses & Certifications HBS Online

WebSecure maximum value for your organization through a mastery of negotiation techniques. 8 weeks, 4-5 hrs/week. Apply by June 10 $1,750 Certificate. Complete three courses in …

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How to Read & Understand a Balance Sheet HBS Online

WebWhile this equation is the most common formula for balance sheets, it isn’t the only way of organizing the information. Here are other equations you may encounter: …

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5 Strategies for Conflict Resolution in the Workplace

WebHere’s a breakdown of the five strategies and when to use each. 1. Avoiding. Avoiding is a strategy best suited for situations in which the relationship’s importance and …

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How to Read & Understand a Cash Flow Statement HBS Online

WebThe purpose of a cash flow statement is to provide a detailed picture of what happened to a business’s cash during a specified period, known as the accounting …

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How to Prepare an Income Statement HBS Online

WebSteps to Prepare an Income Statement. 1. Choose Your Reporting Period. Your reporting period is the specific timeframe the income statement covers. Choosing …

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13 Financial Performance Measures Managers Should Monitor

Web9. Total Asset Turnover. Total asset turnover is an efficiency ratio that measures how efficiently a company uses its assets to generate revenue. The higher the …

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Financial Terminology: 20 Financial Terms to Know

Web10. Depreciation: Depreciation represents the decrease in an asset’s value. It’s a term commonly used in accounting and shows how much of an asset’s value a …

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