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Is there a significant difference in quality and access between for-profit and not-for-profit hospitals?
Give an example of each type of hospital and briefly explain the differences (community-owned, physician-owned facilities, teaching hospitals)
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- According to Gaynor, Laudicella, and Propper (2011), In the U.K., most hospitals are owned by the government, rather than privately held. In a setting where most hospitals are not owned by the government (such as in the U.S.), what effect do you predict that hospital mergers would have on the price of hospital care? Presumably, hospital mergers would lead to reduced competition and higher prices for any given type of care.Health Economics - Describe the different operating characteristics of the for-profit and the not-for-profit hospitals.According to Gaynor, Laudicella, and Propper (2011), Can you think of reasons why hospital mergers might lead to improvements in the quality of care for a given level of inputs (which is one measure of hospital productivity)? Learning by doing may be facilitated by hospital mergers. Large hospitals can achieve more specialization and consequently their costs of care may be lower.
- Suppose the funding agency switches both physicians' and hospitals' prospective payment to a system of retrospective payment, i.e., from salary to fee-for-service for physicians, and from global budget payment to activity-based funding for hospitals. Clearly explain each of these terms and how these changes will impact the utilization of physician and hospital services.Health Economics- whether the profit motive in hospitals generate a negative impact on the quality and access of care for the poor and uninsured. That is, is there significance in the quality and access between for-profit and not-for-profit hospitals?Below is the abstract of a recentNational Bureau of Economic Research working paper entitled “Can governments do it better? Merger mania and hospital outcomes in the English NHS” by Martin Gaynor, Mauro Laudicella, and Carol Propper (2011). The literature on mergers between private hospitals suggests that such mergers often produce little benefit. Despite this, the UK government has pursued an active policy of hospital mergers. These mergers are initiated by a regulator, acting on behalf of the public, and justified on the grounds that merger will improve outcomes. We examine whether this promise is met. We exploit the fact that between 1997 and 2006 in England around half the short term general hospitals were involved in a merger, but that politics means that selection for a merger may be random with respect to future performance. We examine the impact of mergers on a large set of outcomes including financial performance, productivity, waiting times and clinical quality and find…
- Describe the different operating characteristics of the for- profit and the not-for profit hospitals.Section 2.4 lists six trends in the US healthcare system. Which of these trends can best be attributable, in part, to the trend of rapid technological change? Group of answer choices Steady increase in the number of uninsured Americans Slower growth of the inpatient sector The shrinking share of direct consumer payments The growing share of direct consumer paymentsUse supply and demand concepts to explain why the American Medical Association finds it beneficial to require more strict standards for entrance to medical schools
- The health care industry encompasses the following sectors, except: A. Dental careB. Health clubsC. Nonprescription drugsD. Nursing homesGive typing answer with explanation and conclusion What are disadvantages for perfect competition in health care for providers?Using the appropriate graphs and terminology, explain why a city with 30,000 people is likely to have one hospital but 70 housecleaning service companies.