Health Economics
Health Economics
14th Edition
ISBN: 9781137029966
Author: Jay Bhattacharya
Publisher: SPRINGER NATURE CUSTOMER SERVICE
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Chapter 6, Problem 18EQ
To determine

Explain the effect of human capital in the improvisation of the organizations.

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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.
Define rate-of-return relative to medical school education.
Which one among these may not be a reason that is often cited as why physician service may not be explained by standard economic analysis?  Group of answer choices 1.Individuals have little knowledge about the medical care needed when faced with a health problem. 2. Higher income people often pay higher fees in any geographic area. 3.Many physicians generally compete for patients. 4.Variability in physician’s fees within the same small geographic areas.
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