Exam 3) MHA 710 Exam 3 Study Guide: Questions & Answers: Ltest Updated

Which of the following statements about the distribution of physicians among specialties is true in the US? (Ans- There are twice as many specialists as there are generalists. Which of the following statements is true concerning the trend in community hospital care between inpatient and outpatient services since the mid-1980's? (Ans- Outpatient services have been growing, while inpatient services have been declining. Suppose the market for nursing services in a local community is so dominated by a single community hospital that, for all practical purposes, it is considered a monopsony. Using the diagram below, answer the question: (Ans- W0 and E0 Economies of scale exist when: (Ans- Long-run average costs decline as output increases. Changes caused by the shift from charge-based rates to negotiated rates has had which of the following results? (Ans- Most hospitals experience a gap between the amount they receive from their payers and the amount billed, with receipts as low as 20% of amount billed. What is the most significant cost of attending medical school? (Ans- The income forgone The Medicare pay-as-you go system is jeopardized by: (Ans- The changing demographics of the US population, with an increasing % over the age of 65. How do individuals enroll in Part A of Medicare? (Ans- Individuals are automatically enrolled on their 75th birthday as long as they or their spouse has paid into the social security system for 10 years Danzon and Furukawa (2003) argue that: (Ans- pharmaceutical price differences across countries are roughly in line with differences in per capita gross domestic product, supporting the predictions of Ramsey pricing practices.