What are the factors that make long-term care unique compared to a hospital?

Prompt: 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?

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