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Assignment 2 The Health Care Market Health Economics HSA 510
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Assignment 2

 

The Health Care Market

 

Health Economics HSA 510

 

Amy Christian

 

August 10, 2015

 

Dr. Ann Marie Millar

 

Strayer University

 

 

 

The Health Care Market

Analysis of current health care delivery structure in Maryland:

Healthcare has significantly changed at the functional and operational level from few decades, and this change is the primary cause of rising healthcare cost. The driving factors of the rising cost are the reimbursement of services (insurances), providers, payers, the burden over the administrative cost, and the innovation in technology (AWHP, 2015).

The state of Maryland has taken a different approach in order to confront and challenge the structure of healthcare services. With the population of 5 million which makes Maryland 19th most populated state of U.S. the market of healthcare is diversified in this area (Edmunds & Fairbrother, 2013). The state experiences 8th most lowers uninsured rate according to the US Census Bureau, and there are 60 hospitals serving the whole state out of which 15 are located 

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