Needs Analysis: Economic Health Issues|Legit essays

Posted: February 25th, 2023

Needs Analysis: Economic Health Issues

 

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Miatta Teasley

 

Capella University

 

NHS-FPX6008

Economics and Decision Making in Health Care

 

Professor Georgena Wiley

 

February 23, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Social Determinants of Health

The economic issue this assignment is exploring is poverty. Poverty significantly affects healthcare outcomes globally. According to one of the data released recently, it was shown that close to 9% of the world’s population lives in poverty (Development Initiatives, 2021). The number of poor people is unequally distributed, with some continents having more poor residents than others. In the United States, the number of African Americans and White Hispanics living in poverty is higher than non-Hispanic Whites living in poverty. The global poverty prevalence is attributable to myriad factors, including political instability, marginalization, unequal representation of subordinate groups and poor leadership.

Poverty significantly impacts workplaces and communities. I have had first-hand experience with low-income families in my organization. Most low-income families cannot access quality treatment and will always rush for the cheapest care. In some instances, organizations may prioritize people who can pay hefty money in exchange for services for poor people in a quagmire. Moreover, data from the organization show that people with low incomes have higher mental illness rates than the general population. With these issues at hand, organizations should develop ways of accommodating people with poor income sources. For instance, such organizations can work with charity goods to offer medical assistance to impoverished communities instead of only focusing on patients who can afford care.

I selected to focus on poverty because of my first-hand experience of how low-income families struggle to access health and live quality life within the US and globally. I have heard the privilege of travelling to different places and interacting with diverse communities, and all I can say is that poverty has significantly contributed to poor health outcomes for many people. Not only does poverty affects access to healthcare, but it also triggers mental illnesses such as depression and stress. Secondly, I choose poverty because I grew up in one of the poorest communities and experienced the struggles of poor people as they sought to live a quality life. Part of my motivation for this profession was informed by the struggles I witnessed, and I would want a society anchored on economic equality. Lastly, solving the issue of poverty can also address other social health determinants, such as poor housing and low literacy levels.

There are disparities in how poverty affects different groups. Data from a survey conducted between 1996- 2017 showed that the rate of deep and extreme poverty in the United States had increased significantly. One factor that influences health patterns is family, with childless couples at a higher risk of poverty than couples with children (Brady & Parolin, 2020). Researchers noted that childless families were not entitled to benefits given to families with children. Ethnic group and race are other significant factors influencing disparities related to poverty. More African Americans live in poverty than White Americans in the United States. This disparity can be linked to years of racial discrimination resulting in systemic disadvantages.

Scholarly evidence shows that poverty has detrimental effects; thus, the issue needs to be resolved by all stakeholders. One of the downsides of deprivation is that it results in poor child development (Chaudry & Wimer, 2016). Poor childhood development outcomes are primarily cognitive and educational and emerge from the struggles children experience daily. Other sources of poor development outcomes are parental stress, financial constraints and the environment they get exposed to during their upbringing (Chaudry & Wimer, 2016). Therefore, solving poverty in communities can support children’s development.

Another outcome associated with poverty and which highlights the urgency needed to solve the economic issue, is life expectancy. High poverty levels result in lower expectancy rates. In the United States, African Americans have the highest poverty levels and lowest life expectancy rates (Singh et al., 2018). Further, the life expectancy rate is low in rural areas where poverty rates are high. While the infant mortality rate in the United States has significantly reduced over the years, it has widened among various racial groups, with African Americans at the receiving end (Singh, PhD et al., 2018). Due to high poverty prevalence among blacks, infant mortality rates stand at 11.4 children per 1000 live births and 4.9 children per 1000 live births among non-Hispanic Whites. Lastly, poverty affects health status and access to quality care among populations. With employment concentrated among the dominant races, those at the periphery continuously suffer; thus, solutions must be developed.

Several initiatives have been implemented to solve the issue of poverty with varying degrees of success. My potential change proposal is establishing a unique Fund that lends money to impoverished people. Before lending the money, the beneficiaries should receive entrepreneurship skills so that once they get the money from the Fund; they can start economic activities that will alleviate them from poverty. The money should be refundable after a reasonable period, and no interest should be charged. One of the outcomes is that low-income families will have more access to health once they are empowered economically through the Fund. Other outcomes will be improved mental health, reduced infant mortality rates, better housing conditions and high illiteracy levels.

 

References

Brady, D., & Parolin, Z. (2020). The levels and trends in deep and extreme poverty in the United States, 1993–2016. Demography, 57(6), 2337–2360. https://doi.org/10.1007/s13524-020-00924-1

Chaudry, A., & Wimer, C. (2016). Poverty is not just an indicator: The relationship between income, poverty, and child well-being. Academic Pediatrics, 16(3). https://doi.org/10.1016/j.acap.2015.12.010

Poverty trends: Global, regional and national. Development Initiatives. (2021, November 10). Retrieved February 17, 2023, from https://devinit.org/resources/poverty-trends-global-regional-and-national/#:~:text=In%202021%20an%20estimated%20698,live%20below%20%245.50%20a%20day

Singh, PhD, G. K., Daus, MA, G. P., Allender, MS, BSN, RN, M., Ramey, MBA, BSN, RN, C. T., Martin, Jr., MPH, E. K., Perry, MPH, C., De Los Reyes, A., & Vedamuthu, MPH, I. P. (2018). Social Determinants of Health in the United States: Addressing major health inequality trends for the nation, 1935-2016. International Journal of Maternal and Child Health and AIDS (IJMA), 6(2), 139–164. https://doi.org/10.21106/ijma.236

Develop a 10-slide business PowerPoint for the economic issue you have been working with as your topic in the previous assessment. You will then present this PowerPoint using Kaltura and submit the video.

Introduction

Note: Each assessment in this course builds upon the work you have completed in previous assessments. Therefore, you must complete the assessments in the order in which they are presented.

As a master’s-level health care practitioner, you are expected to consider a number of factors when supporting change by analyzing the feasibility of a new initiative or identifying an issue within your organization. For example, you must take into consideration the various types of risk (such as patient safety, physical plant, financial, or reputation), as well as the present and future value of the service line or economic opportunity you are invested in. Additionally, you must also balance your ethical and moral responsibility to provide quality care to patients and populations while protecting your organization’s assets and economic viability in the near and long terms.

Background and Context

As a master’s-level health care practitioner, you are expected to consider a number of factors when supporting change by analyzing the feasibility of a new initiative or identifying an issue within your organization. For example, you must take into consideration the various types of risk (such as patient safety, physical plant, financial, or reputation), as well as the present and future value of the service line or economic opportunity you are invested in. Additionally, you must also balance your ethical and moral responsibility to provide quality care to patients and populations while protecting your organization’s assets and economic viability in the near and long terms.

Instructions

For this assessment, you will develop a 10-slide business PowerPoint for the economic issue you have been working with as your topic in the previous assessment. You will then present this PowerPoint using Kaltura and submit the video.

This presentation asks you to examine the feasibility and cost-benefit considerations of implementing a proposed solution for your chosen issue, as well as analyze ways to mitigate risks.

Be sure to address each main point. Review the assessment instructions and scoring guide, including performance-level descriptions for each criterion, to ensure you understand the work you will be asked to complete and how it will be assessed. In addition, note the requirements for document format and length and for supporting evidence.

You may also wish to consult the Guidelines for Effective PowerPoint Presentations [PPTX] if you need additional guidance as you are assembling your presentation.

Overall, your assessment submission will be assessed on the following criteria:

Summarize the problem and the potential impact the health care economic issue has on you, your colleagues, your organization, and the community at large.

This is an opportunity to tell your story and what the initiative means to you as a health care practitioner. Remember, this is a presentation. So, you want to be engaging and persuasive in order to build support for what you will be proposing to do later in the presentation.

Explain the feasibility and cost-benefit considerations of your health care economic issue, as well as three ways to mitigate risks to the financial security of your organization or health care setting.

Make sure to present at least an overview of the data and numbers you are basing your cost-benefit analysis on.

Touch upon the ways in which potential risks could pose a threat to the financial security of your organization or care setting while you are addressing the ways to mitigate risk.

Support your explanation with evidence-based research or scholarly sources.

 

SOLUTION

The economic issue explored in this assignment is poverty and its significant impact on healthcare outcomes globally. Poverty affects access to healthcare and mental health outcomes such as depression and stress. Poverty also influences social determinants of health such as poor housing and low literacy levels. There are disparities in how poverty affects different groups, with African Americans having higher poverty rates and lower life expectancy rates in the United States. Poverty also affects child development outcomes and infant mortality rates. The proposed solution is to establish a Fund that lends money to impoverished people and offers them entrepreneurship skills to alleviate them from poverty. The outcomes include improved access to health, mental health, reduced infant mortality rates, and better housing conditions.

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