LSUS HCAD 770 Exam 1 questions with correct answers

Positive economies - Answer use objective analysis and evidence to answer questions about individuals, organizations, and societies. For example: they might describe the state of healthcare in terms of hospital occupancy rates over a certain period. they also proposes hypotheses and assesses how consistent the evidence is with them. "What is" normative economies - Answer often addresses public policy issues, but not always. it is subjective and uses values to identify the best options. For example: the manager of a healthcare organization who can identify additional services or additional features that customers are willing to pay for. "What should be". incremental cost - Answer The cost of producing an additional unit of output. life years - Answer A life year is one additional year of life. It can equal one added year of life for an individual or an average of 1/nth of a year of life for n people. Could be used in assessing outcomes in the allocation of resources for healthcare treatment. Illustrates how variable the effects of medical interventions can be capitation - Answer Payment per person. (The payment does not depend on the amount or type of services provided.) Some HMOs are structured around large medical group practices and are called group model HMOs. Group model HMOs typically make a flat payment per consumer enrolled with the group Copayment - Answer A fee the patient must pay in addition to the amount paid by insurance.