What have been the consequences of BC/BS conversion from not-for-profit to for-profit status in terms of market share, patient access, quality of care, and cost of care
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What have been the consequences of BC/BS conversion from not-for-profit to for-profit status in terms of market share, patient access, quality of care, and cost of care?
Consequences of BC/BS conversion form profit motive to non profit motive.
BC/BS an organisation which converted from a profit motive to non profit company due to legal regulation and impacted its working cycle.
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- What have been the CONSEQUENCES of BC/BS conversion from not-for-profit to for-profit status in terms of market share, patient access, quality of care, and cost of care? Please explain how it has been CONSEQUENCE in great detail.What was the motivation for changing the way physicians are compensated in the Medicare system? What are the implications for physicians' behavior as the resource-based relative value scale is fully implemented?How do economic factors influence healthcare policy decisions and outcomes?l am not satisfy give downvote
- 1. Cost shifting occurs when a provider responds to low reimbursement rates by public payers (e.g., Medicare or Medicaid) or uncompensated care provided to the uninsured by charging private payers—insurers, managed care companies, or private individuals—more. Essentially, hospitals and physicians try to compensate for providing care below costs to some patients by raising their charges to others. To be able to do so, they would have had to not be fully exploiting their market power in the first place. What is a classic example of this in the healthcare marketplace and how would you go about developing a remedy to reduce the unfair burden cost shifting places on certain payers?Which pharmacoeconomic evaluation can overcome the problem of acceptability threshold being a judgment call? O Cost benefit O Cost effectiveness O Cost utility O Cost minimization The expected price for the provider which enable him/her to provide the service or the product is also known as: O Opportunity cost O Capital cost O Allowable charge O sticker priceWhy might firms use nonfinancial performance measures? What measures might a hospital use?
- How is health care marketing different from marketing in other industries?Which of the following statements about the financial risk to providers under different reimbursement methods is most correct? Risk is the most under cost-based reimbursement. Risk is the most under capitation O None of these answers is correct. Risk is the most under charge-based reimbursementWhat are the differences between the strategic initiatives and operating activities of a health care organization?
- How does the imperfect information in insurance markets cause an increase in health care costs? Explain with great detail.Q.What factors, other than cost, do you think Crosstown Health Center should consider in allocating resources to its programs?Q)Of the basic types of economic evaluation methodology , which of them addresses the following, and explain how you understand how they work, as follows: insurance benefit analysis technical efficiency analysis clinical efficiency analysis allocative efficiency analysis