Economics For Healthcare Managers
4th Edition
ISBN: 9781640550483
Author: Robert H. Lee
Publisher: Health Administration Pr
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Question
Chapter 2, Problem 14E
To determine
Impact of technology or policy on health care sector and the careers in the sector.
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Students have asked these similar questions
What is the relationship between hospital consolidation and prices? Why? What about between hospital consolidation and quality or productivity? Why?
Answer the following questions:
a. Some health analysts believe that physicians try to increase their income by inducing demand for their services. For example, physicians may order unnecessary tests and treatments. Why would patients willingly accept these additional tests and treatments?
b. How does the Internet, which makes freely available all sorts of information about diseases and their treatments, affect the physician–patient relationship?
What effects would joining a MCO have on your clinic regarding staffing, patient volume, and financial stability?What policies and procedures should be used by the MCOs to reduce costs for their clientele?
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- What differentiates for-profit and nonprofit healthcare organizations financially?arrow_forwardWhat are the pros and con of having a promotion /pay system at an organization like a hospital?arrow_forwardOne of the significant problems in medical care markets may be the information problem. Asymmetric information has led to two important defects in the medical marketplace. What are they? How do these defects affect medical markets?arrow_forward
- How can labor-saving algorithms and staffing models assist enhance healthcare efficiency?arrow_forwardWhat factors cause Physician Induced Demand, and how do you diagnose it?arrow_forwardWhat approaches to healthcare reform are morally acceptable, economically effective, and politically feasible?arrow_forward
- How does its structure, conduct, and performance of the pharmaceutical industry impact patients?arrow_forwardWhat would be a fixed or variable expense for a hospital?arrow_forwardWhat are the three major cost-reducing features of the Singapore health care system? Which one do you think has the largest effect on holding down the price of medical care in Singapore? What element of the Singapore system is shared by the Whole Foods and State of Indiana systems? What elements are missing? How difficult do you think it would be to implement those missing elements in the United States? Explainarrow_forward
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