Mha 710 problem - Study guides, Class notes & Summaries

LSUS MHA 710 Exam 2 (This set was created based on the Problem Set questions (3 & 4) assigned) with 100% Correct Answers | Verified | Latest Updated 2024 | Graded A+ Suppose you must rely exclusively on cost-effectiveness analysis (CEA) to determine whether a category of people receives an expensive, potentially life-saving, intervention. Which of the following considerations must you keep in mind when making your decision? - CEA ignores the possibility that certain unidentified in...

MHA 710 Exam 1 | 109 Questions with 100% Correct Answers | Verified | Latest Updated 2024 | Graded A+ What is "economics"? - A Map for decision making. Economics analyzes the allocation of scarce resources. What are some of the specific challenges faced by managers in healthcare? - 1. The central roles of risk and uncertainty 2. The complexities created by insurance 3. The perils produced by information asymmetries 4. The problems posed by not-for-profit organizations 5. The rapid...

MHA 710 Test 2 (Ch 5-8) Questions with Correct Answers 100% Pass A ______ percentage of the French population is obese; they consume _______ fat than Americans do. a. large; more b. small; more c. large; less d. small; less - Answer small; less A person with AIDS has a guaranteed right to apply for health insurance and receive coverage at the same rate as a healthy person. What is the likely result for the insurance company? a. Externalities b. The principle-agent problem c. Rational ...

MHA 710 - Healthcare Economics – Exam Questions And Answer. Types of Economic Evaluation -Answer-Cost-benefit analysis and cost-effectiveness analysis A cost that is not easily quantified, such as pain and suffering, anxiety, and disfigurement. -Answer-Intangible cost A cost that reflects the value the time taken from normal activities to receive medical care and recover from a procedure. -Answer-Indirect cost A critical assumption in the model of demand and supply is the independenc...