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The Health Reform Law (ACA) includes a provision to prohibit physicians having any ownership interest in “specialty” hospitals (e.g., those primarily providing cardiac surgery, or orthopedic surgery, etc.) from receiving Medicare payment for any services they provide in such hospitals. A previous moratorium on opening new “specialty hospitals” reflected two concerns: a) specialty hospitals were treating less severe and more profitable patients [“cream skimming”] which was adversely affecting the financial stability of general hospitals in the same service area; and b) physicians practicing at specialty hospitals often also were investors in the hospitals, creating a financial conflict of interest.
a. Discuss the economic concepts of “economies of scale” and “economies of scope” as they relate to potential differences in productive efficiency between specialty and general hospitals.
If a price in a competitive market is "too high to clear the market," what does this normally mean. Assume upward-sloping supply curves.
q.a borrower takes out a loan from a bank and can invest in a risky project that will produce revenue of 185 with
Elucidate the price elasticity of demand for NBA games after the ticket increase. Is demand elastic or inelastic. Is the increase a sound financial move. Why or why not.
Explain whether increases in gasoline taxes are effective means for raising tax revenue. Circa 1990 Colorado decided that long-haul truckers needed to pay for a larger proportion of the wear and tear on the state's highways and increased the tax on d..
A local car dealer is advertising a standard 24-month lease of $1,150 per month for its sports car. The standard lease requires a down payment of $4,500, plus a $1,000 refundable initial deposit now. The first lease payment is due at the end of month..
Raytheon’s State College location had a gross income of $20,000,000 in 2015. In 2015 they also paid $3,000,000 in employee salaries, $4,000,000 in operating and maintenance costs, $800,000 in depreciation expense, $200,000 in loan principal payment, ..
q1. consider an investment that will pay 680 per month for the next 15 years and will be worth 28000 at the end of that
Consider the causes of the deficits also surpluses also provide your own insight as to whether these surpluses or deficits have a "positive" or "negative" effect on our economy.
Illustrate what are the factors that affect the supply and demand of the good or service. Who benefits more from a transaction of the good or service, the buyer or the seller. Generally speaking, why do people enter into trade.
The terms of trade if the united states trades 1 can of soda for 5 units of clothing.
An entrepreneur needs funds for a project. He has funds of his own, but enough to cover the required investment of $100. If the entrepreneur doesn’t misbehave, the project will succeed with probability .9, yielding a gross return of 120 in one year.
Assume that consumers are uniformly distributed along a one-mile stretch of beach. A number of ice cream vendors are pondering where to position their carts. If the price they are allowed to charge is fixed by the Equal Access to Coolness For All Coa..
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