LSUS MHA 710 EXAM 3 CERTIFICATION
EVALUATION QUESTIONS ANSWERS
COMPLETE SOLUTION VERIFIED PASS
●● The expanded use of prospective payment in hospitals has changed
the nature of competition in that market. Which of the following
statements is true?
Answer: Savings from prospective payments are substantial and due
primarily to fewer hospital admissions and shorter hospital stays.
●● The merger of two community hospitals located in the same
geographic market is called:
Answer: horizontal integration.
●● What is the most significant cost of attending medical school?
Answer: The income foregone
●● Changes caused by the shift from charge-based rates to negotiated
rates has had which of the following results?
Answer: Most hospitals experience a gap between the amount they
receive from their payers and the amount billed, with receipts as low as
20 percent of amount billed.
, ●● This study was the catalyst for the early twentieth century reform of
medical education in the United States. What was it?
Answer: Flexner Report
●● Starting salaries for female obstetricians/gynecologists are higher
than those of male obstetricians/gynecologists . What is the best
explanation for this?
Answer: The demand for female obstetricians/gynecologists is greater
than the demand for male obstetricians/gynecologists
●● 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.
If the market were perfectly competitive instead of dominated by a
monopsonist, what would the equilibrium wage and level of
employment be?
Answer: W1 and E1
●● Which of the following statements is true about cost shifting in
hospitals?
Answer: The ability to cost shift depends on a hospital's payer mix.
EVALUATION QUESTIONS ANSWERS
COMPLETE SOLUTION VERIFIED PASS
●● The expanded use of prospective payment in hospitals has changed
the nature of competition in that market. Which of the following
statements is true?
Answer: Savings from prospective payments are substantial and due
primarily to fewer hospital admissions and shorter hospital stays.
●● The merger of two community hospitals located in the same
geographic market is called:
Answer: horizontal integration.
●● What is the most significant cost of attending medical school?
Answer: The income foregone
●● Changes caused by the shift from charge-based rates to negotiated
rates has had which of the following results?
Answer: Most hospitals experience a gap between the amount they
receive from their payers and the amount billed, with receipts as low as
20 percent of amount billed.
, ●● This study was the catalyst for the early twentieth century reform of
medical education in the United States. What was it?
Answer: Flexner Report
●● Starting salaries for female obstetricians/gynecologists are higher
than those of male obstetricians/gynecologists . What is the best
explanation for this?
Answer: The demand for female obstetricians/gynecologists is greater
than the demand for male obstetricians/gynecologists
●● 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.
If the market were perfectly competitive instead of dominated by a
monopsonist, what would the equilibrium wage and level of
employment be?
Answer: W1 and E1
●● Which of the following statements is true about cost shifting in
hospitals?
Answer: The ability to cost shift depends on a hospital's payer mix.
