Approximately what percentage of worldwide research & development spending
on pharmaceuticals is based in the United States? - ANSWERS-75 percent.
Consolidation activity in the hospital industry: - ANSWERS-Occurs for the same
reasons that cause consolidation in other industries.
Using the physician-control model to explain hospital behavior leads to which of
the following conclusions? - ANSWERS-Other medical inputs tend to be overused
to maximize physicians' productivity.
Part B pays what percentage of the allowable fee set by Medicare? - ANSWERS-80
percent.
, Which of the following statements is true concerning the trend in community
hospital care between inpatient & outpatient services since the mid-1980s? -
ANSWERS-Outpatient services have been growing, while inpatient services have
been declining.
Which of the following characteristics is true of the pharmaceutical industry? -
ANSWERS-Exclusive rights to market & sell patented products.
The tax fully dedicated to provide support for Medicare Part A is: - ANSWERS-A
2.9 percent payroll tax paid by all workers, regardless of their age.
Several reform options have been discussed by Congress to solve some of the
structural problems that plague the program. Which of the following options has
received little support? - ANSWERS-Limit the coverage for end-of-life care, the
most expensive single item in Medicare, to include only essential palliative care.
On average, biopharmaceutical companies spend approximately what percentage
of their sales revenue on research & development? - ANSWERS-5-10 percent.
In 2019, Medicare covered approximately how many Americans? - ANSWERS-60
milllion.
What was the main effect of the agreement on Trade-Related Aspects of
Intellectual Property Rights (TRIPS) on United States' domestic policy? -
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