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HCA 300 - Administration & Regulation (Ch.1-5) Questions and Answers Assessment 2024/2025 CA$21.59   Add to cart
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HCA 300 - Administration & Regulation (Ch.1-5) Questions and Answers Assessment 2024/2025
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Value (Ch.1) Answer: -Firms are asked to deliver higher level of quality at the same cost -The same level of quality at a lower cost -Higher quality at a lower cost Iron triangle Answer: Refers to the difficulty of seeking to improve quality of care, improve access to care, and...

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  • August 30, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
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HCA 300 - Administration & Regulation
(Ch.1-5) Questions and Answers Assessment
2024/2025

Value (Ch.1) Answer: -Firms are asked to deliver higher level of quality at the same cost

-The same level of quality at a lower cost

-Higher quality at a lower cost



Iron triangle Answer: Refers to the difficulty of seeking to improve quality of care, improve access to
care, and reduce the cost of care simultaneously.



Bending the cost curve Answer: This refers to reducing health spending relative to projected trends
in spending



Three health policy goals Answer: 1. Improve quality of care

2. Improve access to care

3. Reduce cost and cost acceleration



Health systems Answer: Arrangements among hospitals, physicians, and other provider
organizations that involve direct ownership of assets on the part of the parent systems



Challenge of rising healthcare costs Answer: 1. Technology and its broad application to new patients
and patient indications

2. Insurance



Rising of healthcare cost Answer: 3-4% annually for the past 6 decades

, Supply-side drivers Answer: -Provider market power

-Technology and its diffusion

-Geographic variations

-Excess capacity

-Fee-for-service payment services

-Provider market power



Demand-side drivers Answer: -Tax treatment of healthcare benefits

-Third-party payment system

-Breadth and depth of insurance coverage

-Moral hazard

-Rising national income

-Poor health behaviors



Value chain Answer: Refers to the interlinked activities among a set of organizations whereby
suppliers provide raw material inputs to manufacturers who process them and produce outputs for
downstream markets



Bureaucracy Answer: Government by bureaus or offices. More generally, it refers to an organization
structured on bureaucratic principles with clear roles, lines of authority and accountability, procedures
and rules



Why changing the healthcare system is so difficult Answer: 1. Industry is heavily regulated at both
the state and federal levels by myriad agencies and professional associations.

2. Consumerism is a newcomer to healthcare.

3. Healthcare delivery is heavily influenced by medical profession, which controls up to 85% of all
spending

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