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MHA 710 - Healthcare Economics - Exam 2023/2024 $18.49   Add to cart

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MHA 710 - Healthcare Economics - Exam 2023/2024

MHA 710 - Healthcare Economics - Exam 2023/2024

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MHA 710 Test 3

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Which of the following statements about the distribution of physicians among specialties is true in the United States? a. The majority of physicians specialize in general/family practice. b. There are twice as many specialists as there are generalists. c. The specialty distribution in the United...

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MHA 710 Test 3 Study Questions and answers

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b. long-run average costs decline as output increases Economies of scale refers to a situation in a production process where long-run average cost declines as output expands. Efficiency-improving expansion leads to a number of technical advantages: increased purchasing power along with specializ...

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MHA 710 Test 2

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Many economists consider medical care a superior good. Which of the following statements is true regarding a superior good? As consumer incomes increases, consumers spend more on superior goods. The primary tasks required to conduct a successful cost effectiveness study are all of the following ...

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MHA 710 Exam 3 2022

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Using the physician-control model to explain hospital behavior leads to which of the following conclusions? Other medical inputs tend to be overused to maximize physicians' productivity Compared to the not-for-profit organizational form, the for-profit environment Allows for the transfer of ass...

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MHA 710 Exam 1

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What is "economics"? - CORRECT ANSWER-A Map for decision making. Economics analyzes the allocation of scarce resources. What are some of the specific challenges faced by managers in healthcare? - CORRECT ANSWER-1. The central roles of risk and uncertainty 2. The complexities created by insuran...

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MHA 710 - Healthcare Economics - Exam 3 2023/2024

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In order to be a successful price discriminator, a provider must have a degree of market power (depicted by a downward-sloping demand curve) and meet what other condition(s)? a. Customers cannot know that different prices are being charged. b. Markets must be segmentable, identifying differences...

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MHA 710 - Healthcare Economics - Exam 2

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Suppose your assignment is to use the standard time trade-off approach to measure quality of life. You are given the following information. An individual is faced with leaving the remaining 10 years of their life suffering from severe osteoporosis. The individual reveals that they would be willin...

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LSUS MHA 710 Exam 4

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Research indicates that the 2014 expansion of Medicaid has led to a number of unintended consequences including: - CORRECT ANSWER-higher per capita spending on the expansion population than anticipated. Which of the following statements is true about the Medicaid program? - CORRECT ANSWER-The ma...

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LSUS MHA 710 Exam 2

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Suppose you must rely exclusively on cost-effectiveness analysis (CEA) to determine whether a category of people receives an expensive, potentially life-saving, intervention. Which of the following considerations must you keep in mind when making your decision? - CORRECT ANSWER-CEA ignores the p...

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