Bitter Pill

docx

School

James Madison University *

*We aren’t endorsed by this school

Course

354

Subject

Chemistry

Date

Dec 6, 2023

Type

docx

Pages

2

Uploaded by marissaaaaaaaaaa

Report
Bitter Pill HTH 354 Marissa Miller Part 1 – Multiple Choice Questions. 1. Which statement is true in regards to a hospital chargemaster? 1. Hospital chargemaster prices are generally consistent with those of other hospitals. 2. Chargemaster prices are generally much higher than Medicare reimbursement. 3. Chargemaster prices are generally transparent and easily attained. 4. All of the above. 2. While you can buy 100 acetaminophen tablets (generic Tylenol) for $1.49 on Amazon, MD Anderson charged ________ for one tablet. 1. $1.50 2. $1.00 3. $0.50 4. $0.05 3. Brill compares the hospital industry to 1. Food industry 2. Tobacco industry 3. Colleges and universities 4. All of the above 4. The president of MD Anderson (a nonprofit hospital) has an annual salary of about 1. $259,000 2. $825,000 3. $1,000,000 4. $1,845,000 5. A typical piece of medical equipment will pay for itself in about 1. 6 months 2. 1 year 3. 2 years 4. 3 years Part 2 – Short Answer. 6. List 3 things that stood out to you or things you learned from the article. - I learned that we spend more on health care than the next 10 biggest spenders combined. - No hospitals chargemaster prices are consistent.
Bitter Pill HTH 354 Marissa Miller - “Found that the 2,900 nonprofit hospitals across the country, which are exempt from income taxes, actually end up averaging higher operating profit margins than the 1,000 for-profit hospitals after the for-profits' income-tax obligations are deducted” 7. What makes a hospital “nonprofit”? Under the consideration that they do not distribute the extra profit to share holders. 8. What are some of Brill’s (author) thoughts on the Affordable Care Act? He believes that while it has made healthcare more accessible, the cost still has not come down as promised. 9. Generally, who is resistant to malpractice reform? Democrats 10. What is your overall reaction to this article? I think that this article was really eye opening and taught me so many new things that I did not even know or think about before.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help