Create an economic strain on the hospitals operation

Assignment Help Business Economics
Reference no: EM131241649

Because physicians have admission rights to a hospital and are not considered “employees,” does that create an economic strain on the hospital’s operation? Discuss. Explain how this type of arrangement (physicians not being hospital employees) would allow for true market competition among physicians. Do you think this type of arrangement provides a better level of quality in medical care to the patient? Explain your rationale. Is this model more (or less) sustainable for private versus public hospitals? Explain.

Reference no: EM131241649

Questions Cloud

Imagine person who wants to find job within two months : Imagine a person who wants to find a job within two months. Explain why the eventual outcome (finding a job or not finding a job) can be viewed as a random variable. What distribution can be used to characterized this variable? Be as specific as poss..
Can capital structure issues affect the numbers : Can capital structure issues affect the numbers in your pro forma? - Where did our forecast of PepsiCo's value go wrong?
Forecast individual financial statement items : What specific methods can you use to forecast individual financial statement items, such as SG&A? Discuss.- How can you obtain a discount rate for use in your financial analysis?
Equal to the marginal rate of transformation : Why is the Marginal Rate of Substitution(MRS) equal to the Marginal Rate of Transformation(MRT) at the optimal consumption bundle?
Create an economic strain on the hospitals operation : Because physicians have admission rights to a hospital and are not considered “employees,” does that create an economic strain on the hospital’s operation? Discuss. Explain how this type of arrangement (physicians not being hospital employees) would ..
Differences in private and public healthcare entities : Using information from your outside research, compare and contrast the differences between private and public healthcare entities. Explain the effect of private practice physicians (who essentially drive the intake portion of the hospital business) o..
What was average percent change in the revenue : An auto parts sales person receives a commission of 4.5% on net sales up to $10 000, 6% on the next $5 000 and 8% on any further net sales. If his gross sales for a month were $24 250 and sales returns & allowances were $855, what was his total commi..
Air-conditioning would be required during fall-spring season : Jenny? Walters, who owns a real estate? agency, bought an old house to use as her business office. She found that the ceiling was poorly insulated and that the heat loss could be cut significantly if six inches of foam insulation were installed. Assu..
Compare and contrast an employee and independent contractor : Compare and contrast an employee and an independent contractor. Explain the difference between gross and net pay, including how each is calculated.

Reviews

Write a Review

 

Business Economics Questions & Answers

  Assume that exchange rates are floating

Describe how, if at all, each of the following developments affects income, the exchange rate, and net exports in an open economy with floating exchange rates: Suppose the government wishes to lower the exchange rate, ε, but not to change real output..

  Expected annual net profit for the project

If the initial investment is a project is $100,000 and the expected annual net profit for the project is $20,000, the payback period is:

  A nash equilibrium is said to occur when

A Nash equilibrium is said to occur when,

  Prime rate-the discount rate and the fed funds rate

Explain the relationships between the Prime Rate, the Discount Rate, the Fed Funds Rate, and the Treasury Bill Rate. Explain how each relates to monetary policy.

  Considered in making the decision to expand the business

The owner of a small printing company is considering the purchase of additional printing equipment to expand her business. If the owner expands the business and sales are high, projected profits (minus the cost of the equipment) should be $90,000; Ar..

  Movement along the demand curve for particular good

Which of the following factors would result solely in a movement along the demand curve for a particular good?

  Data pertain to products-change in consumption of good

The following data pertain to products A and B, both of which are purchased by Madame X. Initially, the prices of the products and quantities consumed are: Madame X has $100 to spend per time period. After a reduction in price of B, the prices and qu..

  A successful and stable cartel can be established

A successful and stable cartel can be established if there are

  New ones entering regularly as the population grows

A large city has nearly 500 restaurants, with new ones entering regularly as the population grows. The city decides to limit the number of restaurant licenses to 500. Which characteristics of this market are consistent with perfect competition and wh..

  Inverted-u hypothesis

Summarize Kuznets's Inverted-U Hypothesis and discuss the conceptual merits and limitaions of this hypothesis, especially in reference to African countries.

  Calculate the average fixed cost average variable cost

Ace manufacturing produces 1000 hammers per day the total fixed cost for the plant is 5000 per day and the total variable cost is 15000 per day calculate the average fixed cost average variable cost and the total cost at the current output level.

  Sells gas lamps to consumers through retail outlets

Alliance, Inc. sells gas lamps to consumers through retail outlets. Total industry sales for Alliance's relevant market last year were $100 million, with Alliance's sales representing 5% of that total. Contribution margin is 25%. Alliance's sales for..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd