MHA 710 EXAM 3 Comprehensive Resource To Help You Ace 2026-2027 Includes Frequently
Tested Questions With ELABORATED 100% Correct COMPLETE SOLUTIONS
Guaranteed Pass First Attempt!! Current Update!!
The amount that Medicare pays a hospital for treating a
at the point when the diagnosis is made.
Medicare patient is determined:
Which of the following statements is true concerning the
Outpatient services have been growing, while inpatient
trend in community hospital care between inpatient and
services have been declining.
outpatient services since the mid-1980s?
Economies of scale exist when: long-run average costs decline as output increases.
Most hospitals experience a gap between the amount
Changes caused by the shift from charge-based rates to
they receive from their payers and the amount billed, with
negotiated rates has had which of the following results?
receipts as low as 20 percent of amount billed.
Suppose the market for nursing services in a local com-
munity is so dominated by a single community hospital
that, for all practical purposes, it is considered a monop-
sony. Using the diagram below, answer the question.If the
W1 & E1/W0 & E0
market were perfectly competitive instead of dominated
by a monopsonist, what would the equilibrium wage and
level of employment be? What is the equilibrium wage and
level of employment under monopsony?
Legislation considered by Congress to restrict legal immi- raise the costs of operating in many of the nation's rural
gration would: and inner-city hospitals.
This study was the catalyst for the early twentieth century
reform of medical education in the United States. What Flexner Report
was it?
The merger of two community hospitals located in the
Horizontal Integration
same geographic market is called:
What is the most significant cost of attending medical
The income foregone
school?
Physicians who own their own diagnostic testing facilities
Physician Induced Demand
tend to order more tests, charge higher fees for them,
1/7
, and have higher total bills to patients. This practice of
self-referral is an example of:
is inversely related to the length of time spent in formal
The rate of return on an investment in medical education:
schooling.
Using the physician-control model to explain hospital be- Other medical inputs tend to be overused to maximize
havior leads to which of the following conclusions? physicians' productivity.
Compared to the not-for-profit organizational form, the
allows for the transfer of assets.
for-profit environment
The expanded use of prospective payment in hospitals has Savings from prospective payments are substantial and
changed the nature of competition in that market. Which due primarily to fewer hospital admissions and shorter
of the following statements is true? hospital stays.
Which of the following statements about the distribu-
There are twice as many specialists as there are general-
tion of physicians among specialties is true in the United
ists.
States?
Which of the following statements is true about cost shift-
The ability to cost shift depends on a hospital's payer mix.
ing in hospitals?
Starting salaries for female obstetricians/gynecologists The demand for female obstetricians/gynecologists is
are higher than those of male obstetricians/gynecologists greater than the demand for male obstetricians/gynecol-
. What is the best explanation for this? ogists
By the time a drug enters the clinical trial phase of testing an average of five years of the overall patent life has
on humans, already expired.
How much did pharmaceutical companies spend on di-
$6.1 billion
rect-to-consumer advertising in 2019?
Finkelstein and McKnight (2008) provide an empirical es- The real impact of the introduction of Medicare was on
timate of the benefits to seniors of the 1965 introduction the reduction in out-of-pocket health care spending for
of Medicare. Which of the following statements is true households faced with catastrophic events (those in the
concerning the results of this study? top 25 percent of spenders).
2/7
Tested Questions With ELABORATED 100% Correct COMPLETE SOLUTIONS
Guaranteed Pass First Attempt!! Current Update!!
The amount that Medicare pays a hospital for treating a
at the point when the diagnosis is made.
Medicare patient is determined:
Which of the following statements is true concerning the
Outpatient services have been growing, while inpatient
trend in community hospital care between inpatient and
services have been declining.
outpatient services since the mid-1980s?
Economies of scale exist when: long-run average costs decline as output increases.
Most hospitals experience a gap between the amount
Changes caused by the shift from charge-based rates to
they receive from their payers and the amount billed, with
negotiated rates has had which of the following results?
receipts as low as 20 percent of amount billed.
Suppose the market for nursing services in a local com-
munity is so dominated by a single community hospital
that, for all practical purposes, it is considered a monop-
sony. Using the diagram below, answer the question.If the
W1 & E1/W0 & E0
market were perfectly competitive instead of dominated
by a monopsonist, what would the equilibrium wage and
level of employment be? What is the equilibrium wage and
level of employment under monopsony?
Legislation considered by Congress to restrict legal immi- raise the costs of operating in many of the nation's rural
gration would: and inner-city hospitals.
This study was the catalyst for the early twentieth century
reform of medical education in the United States. What Flexner Report
was it?
The merger of two community hospitals located in the
Horizontal Integration
same geographic market is called:
What is the most significant cost of attending medical
The income foregone
school?
Physicians who own their own diagnostic testing facilities
Physician Induced Demand
tend to order more tests, charge higher fees for them,
1/7
, and have higher total bills to patients. This practice of
self-referral is an example of:
is inversely related to the length of time spent in formal
The rate of return on an investment in medical education:
schooling.
Using the physician-control model to explain hospital be- Other medical inputs tend to be overused to maximize
havior leads to which of the following conclusions? physicians' productivity.
Compared to the not-for-profit organizational form, the
allows for the transfer of assets.
for-profit environment
The expanded use of prospective payment in hospitals has Savings from prospective payments are substantial and
changed the nature of competition in that market. Which due primarily to fewer hospital admissions and shorter
of the following statements is true? hospital stays.
Which of the following statements about the distribu-
There are twice as many specialists as there are general-
tion of physicians among specialties is true in the United
ists.
States?
Which of the following statements is true about cost shift-
The ability to cost shift depends on a hospital's payer mix.
ing in hospitals?
Starting salaries for female obstetricians/gynecologists The demand for female obstetricians/gynecologists is
are higher than those of male obstetricians/gynecologists greater than the demand for male obstetricians/gynecol-
. What is the best explanation for this? ogists
By the time a drug enters the clinical trial phase of testing an average of five years of the overall patent life has
on humans, already expired.
How much did pharmaceutical companies spend on di-
$6.1 billion
rect-to-consumer advertising in 2019?
Finkelstein and McKnight (2008) provide an empirical es- The real impact of the introduction of Medicare was on
timate of the benefits to seniors of the 1965 introduction the reduction in out-of-pocket health care spending for
of Medicare. Which of the following statements is true households faced with catastrophic events (those in the
concerning the results of this study? top 25 percent of spenders).
2/7
