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Economics of healthcare

Last week, you submitted a paper of 4 5 pages and a PowerPoint presentation to explain the competitive ability of acquiring a surgical robot unit for your orthopedic center. Review the recommendations of your instructor and your peers, and make the appropriate changes to your work.Write an additional 4 5 pages in response to the following:How do providers influence the decisions that patients make? What type of decisions do patients make as a natural consequence of the influence from providers and physicians?Consider the provider setting, treatment type, and method of reimbursement when formulating a response.How are insurance plans (including government payers) impacted by the decisions that patients and their doctors make?Consider supply and demand concepts when formulating a response.How are physicians and patients regulated by government?Describe how the regulatory environment will impact the health care economy when formulating a response.

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