LSUS MHA 710 Economics Exam 3
According to surveys by the Merritt Hawkins White Paper Series, 2018, the average
family practice physician earned approximately what amount in 2018?
247,000
Approximately what percentage of Medicare enrollees received inpatient hospital care in
2018?
15 percent.
Approximately what percentage of worldwide research & development spending on
pharmaceuticals is based in the United States?
75 percent.
Changes caused by the shift from charge-based rates to negotiated rates has had
which of the following results?
Most hospitals experience a gap between the amount they receive from their payers &
the amount billed, with receipts as low as 20 percent of amount billed.
Compared to the not-for-profit organizational form, the for-profit environment
Allows for the transfer of assets.
Consolidation activity in the hospital industry:
Occurs for the same reasons that cause consolidation in other industries.
Danzon & Furukawa (2003) argue that:
Pharmaceutical price differences across countries are roughly in line with differences in
per capita gross domestic product, supporting the predictions of Ramsey pricing
practices.
Data from a study of retail drug prices by the Organization for Economic Co-operation &
Development & Eurostat (2008) showed that:
There is some evidence that pharmaceutical prices are highly correlated with a
country's per capita gross domestic product.
Each year, the Medicare trustees issue a report on the health of the program. According
to the 2016 report, which of the following statements is true?
The net present value of future Medicare obligations that are currently unfunded will
require Congress to appropriate funds beyond current law approaching $60 trillion
dollars, over 300 percent of current gross domestic product.
How do individuals enroll in Part A of Medicare?
Individuals are automatically enrolled on their 65th birthday as long as they or their
spouse has paid into the Social Security system for 10 years.
According to surveys by the Merritt Hawkins White Paper Series, 2018, the average
family practice physician earned approximately what amount in 2018?
247,000
Approximately what percentage of Medicare enrollees received inpatient hospital care in
2018?
15 percent.
Approximately what percentage of worldwide research & development spending on
pharmaceuticals is based in the United States?
75 percent.
Changes caused by the shift from charge-based rates to negotiated rates has had
which of the following results?
Most hospitals experience a gap between the amount they receive from their payers &
the amount billed, with receipts as low as 20 percent of amount billed.
Compared to the not-for-profit organizational form, the for-profit environment
Allows for the transfer of assets.
Consolidation activity in the hospital industry:
Occurs for the same reasons that cause consolidation in other industries.
Danzon & Furukawa (2003) argue that:
Pharmaceutical price differences across countries are roughly in line with differences in
per capita gross domestic product, supporting the predictions of Ramsey pricing
practices.
Data from a study of retail drug prices by the Organization for Economic Co-operation &
Development & Eurostat (2008) showed that:
There is some evidence that pharmaceutical prices are highly correlated with a
country's per capita gross domestic product.
Each year, the Medicare trustees issue a report on the health of the program. According
to the 2016 report, which of the following statements is true?
The net present value of future Medicare obligations that are currently unfunded will
require Congress to appropriate funds beyond current law approaching $60 trillion
dollars, over 300 percent of current gross domestic product.
How do individuals enroll in Part A of Medicare?
Individuals are automatically enrolled on their 65th birthday as long as they or their
spouse has paid into the Social Security system for 10 years.
