Mha 710 health care - Study guides, Class notes & Summaries

MHA 710 HEALTH CARE ECONOMICS 2024 EXAM COMPLETE 200 QUESTIONS WITH ACCURATELY DETAILED VERIFIED AND CORRECT ANSWERS ALREADY GRADED A+

MHA 710 EXAM 2 Questions with verified Answers 2024/2025 1: What is the primary focus of health care management?- Correct Answer - The primary focus of health care management is to ensure the delivery of high-quality health care services in an efficient and effective manner. 2: Define the term health care delivery system.- Correct Answer - The health care delivery system refers to the network of institutions, personnel, and resources involved in delivering health care services to a pop...

2024 LSUS MHA 710 Exam 1- 4 Questions And Accurate Solutions EXAM 1 Government regulators sometimes set the price of a drug at its marginal cost of production without including a fair share of the global joint cost of research and development. Which of the following statements is true about this practice? - CORRECT ANSWER This practice is a classic example of free riding. What was the main effect of the agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) on ...

MHA 710/ MHA710 Exam 1: (Latest 2024/ 2025) Questions and Verified Answers| Grade A| 100% Correct Q: A health insurance arrangement where individuals have access to health care in exchange for a set premium is called: Answer: Third-party payment system Q: According to Adam Smith's terminology, the "invisible hand" refers to: Answer: · market forces working through the price mechanism. Q: Even in the US, approximately, what percent of medical care is purchased t...

MHA 710 Exam 2 Study Guide Questions and Answers Rated A+ Question: What is the primary purpose of healthcare policy analysis? Answer: The primary purpose of healthcare policy analysis is to evaluate the effectiveness, efficiency, and equity of healthcare policies and to provide recommendations for improvements that align with public health goals and resource allocation. Question: How does the Affordable Care Act (ACA) impact healthcare coverage in the United States? Answer: Th...

MHA 710 HEALTH CARE ECONOMICS FINAL EXAM |BRAND NEW EXAM QUESTIONS AND CORRECT ANSWERS,ALL GRADED A+|GUARANTEED SUCCESS|LATEST UPDATES 2024 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 in ability to pay. c. Demand for services must be rel...

MHA 710/ MHA710 Exam 2: (Latest 2024/ 2025) Questions and Verified Answers| Grade A| 100% Correct Q: Which of the following measures of effectiveness is an intermediate measure? A. Cholesterol level B. Hip fracture C. Blood pressure D. Bone-mass density (BMD) E. Tumor size Answer: B. Hip fracture Q: Many economists consider medical care a superior good. Which of the following statements is true regarding a superior good? A. When the price of a superior good increases, consu...

MHA 710/ MHA710 Exam 2 Prep: (Latest 2024/ 2025) Questions and Verified Answers| Grade A| 100% Correct Q: Which of the following measures of effectiveness is an intermediate measure? Answer: Hip fracture - Intermediate measures are events that the treatment is designed to delay or avoid. Intermediate measures include heart attack, stroke, hip fracture, recurrence of disease, and death. The other options are surrogate measures that examine the clinical effect of a treatment. Q...

LSUS MHA 710 Exam with Complete Solutions 2024 The accompanying diagram depicts the relationship between health status and medical care spending for a particular country. Assume the current spending level is S1 on TP1. All of the statements below are true? s1 levels of spending are often described as spending on the flat of the curve. The primary tasks required to conduct a successful cost effectiveness study are all of the following except: **identifying the overall cost of a health...

MHA 710 Module 1 Exam with 100% Correct Answers | Verified | Latest Updated 2024 | Graded A+ public option - A public health insurance plan comparable to Medicaid, designed to compete with private insurance. Uncertainty - A state in which multiple outcomes are possible but the likelihood of any one outcome is not known. Medicare - Health insurance for the elderly provided under an amendment to the Social Security Act. Medicaid - Health insurance for the poor financed jointly by federal a...