Hospitalist care is unattractive option financially

Assignment Help Business Economics
Reference no: EM13893342

Median length of stay was 1.1 days shorter when a hospitalist cared for a Medicare patient. Median cost per case was $853 less (excluding physician fees). There were no significant differences in mortality, 30-day readmissions, or transfers.

Hospitalist care is an unattractive option financially

Hospitals need to conduct a cost-utility analysis to assess this option

Hospitals should adopt this option as long as the hospitalist cost per case was less than $853

 

All of the above

Reference no: EM13893342

Questions Cloud

Calculate consumer and producer surplus in this market : What is the equilibrium quantity and equilibrium price for the following demand and supply curves: Calculate consumer and producer surplus in this market.
Compute the tax basis of john''s stock in xyz : Compute the tax basis of John's stock in XYZ at the end of 2014
Demand for the three popular game consoles : Think about the demand for the three popular game consoles: XBox, PS3, and Wii. In each of the scenarios below, briefly describe the effect on (a) the demand for XBox games and (b) the quantity of XBox games demanded
Quantities above the minimum-cost output : At quantities above the minimum-cost output:
Hospitalist care is unattractive option financially : Median length of stay was 1.1 days shorter when a hospitalist cared for a Medicare patient. Median cost per case was $853 less (excluding physician fees). There were no significant differences in mortality, 30-day readmissions, or transfers. Hospital..
Average product of labor and marginal product of labor equal : At 36 units of labor, a firm finds that both average product of labor and marginal product of labor equal 42. We can conclude that the average product curve at 36 units of labor is
Protects you from the risk of high spending : Average spending is $2,560. Those with a family history of cancer (4% of the population) spend $40,000 on average, and those with no family history (96% of the population) spend $1,000. Which of the following statements are true? You buy insurance be..
Advantages of succession planning for all level of managemet : What are the differences advantages of succession planning for all levels of management, instead of just top management? What problems might an organization encounter in doing an AAP that it might not encounter in regular staffing planning
Own money to the firm instead of investing the money : During a year of operation, a firm collects $175,000 in revenue and spends $80,000 on raw materials, labor expense, utilities, and rent. The owners of the firm have provided $500,000 of their own money to the firm instead of investing the money and e..

Reviews

Write a Review

Business Economics Questions & Answers

  Explain price differential between two ends of rochester

In Winona, a gallon of gasoline at Kwik trip sells for $2.279.   In the east end of Rochester, Kwik trip sells gasoline for $2.179 per gallon. Using demand and supply curves, explain the price differential between the two ends of Rochester. Is this d..

  Impose an ad valorem tax

Show that a specific tax of $3.70/unit generates the same revenue as a 20% ad valorem tax

  Aggregate supply curve and the phillips curve

Explain the link between the aggregate supply curve and the Phillip's curve. If the natural rate of unemployment falls, how will this affect the Phillip's curve?

  Select two farm products also conclude whether their prices

In which of the two cases, if any, do you think which demand has increased more rapidly than delivery. Explicate your reasoning. Write your answer in essay format.

  Identify and discuss at least two economic phenomena

Identify and discuss at least two economic phenomena for which the linear-in-parameters/linear-in-variables regression model may not be appropriate (besides any mentioned in the text). Select an economic phenomenon and determine which of the models d..

  Inflation represents a decline in average real income

Most economists want a 0% target for unemployment. The current natural rate of unemployment is thought to be somewhere around 5%. If the economy is above full employment it causes higher than normal unemployment. In a closed economy, inflation repres..

  Identify main reasons apple has expanded into other markets

Identify the main reasons (eg.) Apple has expanded into other markets. Identify the entry mode/s of Apple in the specific foreign market (Europe).

  The marginal rate of substitution

The marginal rate of substitution (MRS) determines the rate at which a consumer is willing to substitute between two goods in order to achieve.

  What is the point elasticity of demand at equilibrium

What is the point elasticity of demand at equilibrium? -What is the marginal revenue at equilibrium?(use equation connecting MR and P) If marginal cost is constant $8 dollars, should we keep producing and selling? until which point we can keep produc..

  Algebraic terms how the money supply relates to prices

Explain the role that money plays under the Classical Macroeconomic Model. As a part of your discussion, include the impact the Quantity Theory of Money and Say’s Law have on this model and state in algebraic terms how the money supply relates to pri..

  Do you agree or disagree. explain your answer.

Many argue that breaking up a monopoly is a Pareto-efficient change. This interpretation cannot be so because breaking up a monopoly makes its owners (or share holders) worse off. Do you agree or disagree. Explain your answer.

  Affect the steady state level of capital and output

Discuss and illustrate graphically how a decrease in saving rate will affect the steady state level of capital and output. Also illustrate graphically the transition of capital and output from their old steady state level to new one.

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