2 types of concentration ratios - answer-4-firm -- measure market share of top 4 firms
8-firm -- measure market share of top 8 firms
2 types of regulations and examples - answer-1. Regulation by state government (drivers license requirements
2. Regulation by federal government (federal taxes)
...
, STRATEGIC HEALTHCARE MANAGEMENT
2 types of concentration ratios - answer-4-firm -- measure market share of top 4
firms
8-firm -- measure market share of top 8 firms
2 types of regulations and examples - answer-1. Regulation by state government
(drivers license requirements
2. Regulation by federal government (federal taxes)
3. Controls by non-government agencies (the joint commission)
3 examples of hc laws and dates - answer-medicare/medicaid (1965)
Chip (1997)
Aca (2010)
4 characteristics of a perfect market - answer-1. Homogenous market
2. Large number of buyers and sellers
3. Buyers and sellers enter/exit market freely
4. Symmetric information
4 elements of healthcare providers' bargaining power - answer-1. Shortage of hc
providers
2. Consolidation of hc providers
3. Operational changes in delivering care
4. Going on strike
According to us cbo, unauthorized immigrants account for what percentage of 30
million uninsured people in the us - answer-25%
Ambulatory care - answer-health care settings where patients walk in and walk out
Ambulatory health care services includes... - answer-doctors offices, clinics, other
outpatient services
Assess - answer-what is the impact of opportunity and threat?
Asset specificity - answer-one or more attributes of an asset that make it
particularly useful for a given purpose, not easily used in other situations (ex: mri
machine v. Chair)
Blue ocean strategy - answer-an approach where firms seek to create and compete
in uncontested "blue ocean" market spaces, rather than competing in spaces and
ways that have attracted many, similar rivals.
Bundled payment (episode of care payment) - answer-a flat-fee for specific episodes
of care that promotes efficiency in the provision of care
Business - answer-part of a firm that produces a specific product
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