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MHA 707 Study Guide for Exam 3 (C) 168 complete solutions

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MHA 707 Study Guide for Exam 3 (C) 168 complete solutions MHA 707 Study Guide for Exam 3 (C) 168 complete solutions MHA 707 Study Guide for Exam 3 (C) 168 complete solutions MHA 707 Study Guide for Exam 3 (C) 168 complete solutions

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MHA 707 Study Guide for Exam 3 (C)
168 complete solutions.
MHA 707 Study Guide for Exam 3 (C)
168 complete solutions.
Other "truths" in motivating physicians behaviors include - ANSWER Employed doctors are easier to
motivate than independent practitioners



Physicians identity themselves as "doctor" with a higher level of intensity than "your employee"



What is Asymmetry of information? - ANSWER A gap in knowledge from person/group to another.



What is non-marketability of risk? - ANSWER inherent of medicine and medical practice



Moral Hazard - ANSWER behaving differently when you know someone else is taking the risk (induced
demand)



Adverse selection - ANSWER the sicker people likely want more insurance (the healthier the less)



Pooling risk - ANSWER sharing risk proportionately among many is a basic insurance concept



What is PHC? - ANSWER (a subset of HCE) includes all medical goods and services that are used to
diagnose, treat, and prevent health problems in a specific person.

Personal Health Care



How much $$ is spent on HC in US? Per capita and % of GDP? - ANSWER $3.49trillion,

17.9% GDP and

$10,739 per capita.



Financing health care in U.S. - ANSWER .Workarounds

,MHA 707 Study Guide for Exam 3 (C)
168 complete solutions.
•Redundancies

•Contradictions



Percentage spent in hospitals? - ANSWER 33%- largest share of NHE



Percentage spent on Doctors? - ANSWER 26%- second highest share of NHE



Percentage spent on drugs? - ANSWER 9.5%-10.5%- third highest share of NHE



Chronic disease? - ANSWER defined broadly as conditions that last 1 year or more and require ongoing
medical attention or limit activities of daily living or both.

(i.e. heart disease, cancer, and diabetes)



What are "personal behaviors" and how do they fit into the leading causes of death? - ANSWER 10
leading CODs attributed to personal behaviors- Tobacco, obesity, poor diet, substance misuse/abuse.



90% 0f Americans have 1 risk factor, 52% have 2 or more



highest proportion in impoverished and racial/ethnic minorities



(NHEA) - ANSWER National Health Expenditure Accounts



National health expenditures (NHE) - ANSWER All health care consumption and investments in medical
structures and equipment and non commercial health services and biomedical research.



What percentage of NHE shares are spent on chronic disease? - ANSWER 90%- chronic conditions are
also considered some of the most preventable of all health conditions.

, MHA 707 Study Guide for Exam 3 (C)
168 complete solutions.
What percent of top utilizers account for 50% of spending in HC? - ANSWER 5% of top utilizers
(ambulatory and dental services)



What are personal behaviors and how do they fit into the leading causes of death? - ANSWER Half of the
mortality from 10 leading CODs attributed to personal behaviors (i.e. tobacco use, obesity, poor diet,
substance misuse/abuse) most chronic disease



90% of americans have 1 risk factor - ANSWER 52% have 2 or more highest proportion in impoverished
and racial/ethnic minorities.



What percent of Americans were hospitalized in 2018? - ANSWER only 6.7% (about 7%)



How many US people are uninsured? - ANSWER 26.4M (~8% - creates big cost)



What portion of Americans under age 65 are covered by private health insurance? - ANSWER about 66%
(about 8% of people under the age of 65 were uninsured/self pay in 2019)



What is cost-plus reimbursement? - ANSWER is how hospitals describe payment received for services
they have already provided plus additional percentage of those costs (includes built-in profit)



Fee for service - ANSWER common method when the scope of work is clear to both sides (the oldest
form of payment - inefficiency costs the provider / Bad advice costs the patient) Provider centric
outcome



Capitation - ANSWER fixed prepayment per person to the health care provider for an agreed-on array of
services (per member/per month - PMPM) may put the physician at odds with the patient



What is value-based payment? - ANSWER most often used when value is easy to measure and
indisputable

[This is debatable! At least the goals are set in advance of the care given - usually]

(P4P - pay for performance)

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