MHA 710 HEALTH CARE ECONOMICS EXAM 4 ACTUAL
2024 EXAM COMPLETE 200 ACCURATE QUESTIONS
WITH DETAILED VERIFIED ANSWERS /ALREADY
GRADED A+
the science concerned with the use of producing, distributing, and consuming
resources, services, and goods - ANSWER: economics
the science concerned with the scarcity of resources and how this affects the health
care industry - ANSWER: health economics
a science that focuses on producing, distributing, and consuming goods and services
as related to public health
- a much smaller science
- people do not really pay attention to public health until it is too late (like COVID-19)
- ANSWER: public health economics
a growing field of science and practice that involves acquiring, managing, and using
of money to improve the health of populations through disease prevention and
health promotion strategies.
- PRIMARY PREVENTION - ANSWER: public health finance
form of economics that shows how supply and demand can be used in healthcare
- shows a good idea of what the pricing will be depending on the demand the
amount of goods available - ANSWER: microeconomics
success of supply and demand depends upon a _____________ market
- universal health care is the opposite of a competitive market
- ACA
- CMS innovation (improve quality and efficiency) - ANSWER: competitive
centers of medicare and medicaid services (CMS) innovation ______________ is
based on the quality and value of care - ANSWER: payment
quantity of goods and services - ANSWER: supply
consumer's willingness to purchase goods or services - ANSWER: demand
form of economics that is aggregate supply and demand. includes production,
consumption, investment, international trade, inflation, and unemployment
- this is a large view of economic stability and growth
- GLOBAL perspective of variables affecting the total economic picture (large scale
health financing picture such as national health plans)
(ex.) looking at quality/pricing of hospitals and the reimbursement of CMS rather
than the nurse: patient ratio - ANSWER: macroeconomics
, principles of economics: depends on task and process-- the method in which a task is
completed to reach a goal - ANSWER: efficiency
principles of economics: extent to which a stated goal is met
- "did I actually make it to the task I intended to?" - ANSWER: effectiveness
healthcare is _______________ and difficult to research
- does NOT truly represent a competitive free market - ANSWER: unpredictable
_______________ are the health care system's main gatekeepers - ANSWER:
physicians
health _____________ companies set different prices for the same goods and
services (hip replacement make cost less in Minnesota compared to New York)
- health care does NOT truly represent a competitive free market - ANSWER:
insurance
there is _____________ between regulation by government and reliance on market
competition to distribute health care services
- cost containment and value - ANSWER: conflict
resource _______________ in health care: the distribution of health care is affected
largely by the way in which health care is financed in the US
- "follow the money" - ANSWER: allocation
the _____________ of the US population do have health insurance - ANSWER:
majority
there is an increased use of the emergency department by people who have
__________ insurance - ANSWER: private
a lot of individuals who are uninsured/underinsured do not have access to a
consistent ___________
- this is where the quality in health care is
- poverty has detrimental effect on health
- SES is inversely related to mortality and morbidity for almost every disease -
ANSWER: PCP (primary care provider)
access to health care includes _________________ how to navigate health care
(what questions to ask, what compliances to employ, how to utilize health care
services, etc.) - ANSWER: understanding
______________ of health care has always been a part of the US health system. this
is determining the most appropriate use of health care/resources - ANSWER:
rationing
2024 EXAM COMPLETE 200 ACCURATE QUESTIONS
WITH DETAILED VERIFIED ANSWERS /ALREADY
GRADED A+
the science concerned with the use of producing, distributing, and consuming
resources, services, and goods - ANSWER: economics
the science concerned with the scarcity of resources and how this affects the health
care industry - ANSWER: health economics
a science that focuses on producing, distributing, and consuming goods and services
as related to public health
- a much smaller science
- people do not really pay attention to public health until it is too late (like COVID-19)
- ANSWER: public health economics
a growing field of science and practice that involves acquiring, managing, and using
of money to improve the health of populations through disease prevention and
health promotion strategies.
- PRIMARY PREVENTION - ANSWER: public health finance
form of economics that shows how supply and demand can be used in healthcare
- shows a good idea of what the pricing will be depending on the demand the
amount of goods available - ANSWER: microeconomics
success of supply and demand depends upon a _____________ market
- universal health care is the opposite of a competitive market
- ACA
- CMS innovation (improve quality and efficiency) - ANSWER: competitive
centers of medicare and medicaid services (CMS) innovation ______________ is
based on the quality and value of care - ANSWER: payment
quantity of goods and services - ANSWER: supply
consumer's willingness to purchase goods or services - ANSWER: demand
form of economics that is aggregate supply and demand. includes production,
consumption, investment, international trade, inflation, and unemployment
- this is a large view of economic stability and growth
- GLOBAL perspective of variables affecting the total economic picture (large scale
health financing picture such as national health plans)
(ex.) looking at quality/pricing of hospitals and the reimbursement of CMS rather
than the nurse: patient ratio - ANSWER: macroeconomics
, principles of economics: depends on task and process-- the method in which a task is
completed to reach a goal - ANSWER: efficiency
principles of economics: extent to which a stated goal is met
- "did I actually make it to the task I intended to?" - ANSWER: effectiveness
healthcare is _______________ and difficult to research
- does NOT truly represent a competitive free market - ANSWER: unpredictable
_______________ are the health care system's main gatekeepers - ANSWER:
physicians
health _____________ companies set different prices for the same goods and
services (hip replacement make cost less in Minnesota compared to New York)
- health care does NOT truly represent a competitive free market - ANSWER:
insurance
there is _____________ between regulation by government and reliance on market
competition to distribute health care services
- cost containment and value - ANSWER: conflict
resource _______________ in health care: the distribution of health care is affected
largely by the way in which health care is financed in the US
- "follow the money" - ANSWER: allocation
the _____________ of the US population do have health insurance - ANSWER:
majority
there is an increased use of the emergency department by people who have
__________ insurance - ANSWER: private
a lot of individuals who are uninsured/underinsured do not have access to a
consistent ___________
- this is where the quality in health care is
- poverty has detrimental effect on health
- SES is inversely related to mortality and morbidity for almost every disease -
ANSWER: PCP (primary care provider)
access to health care includes _________________ how to navigate health care
(what questions to ask, what compliances to employ, how to utilize health care
services, etc.) - ANSWER: understanding
______________ of health care has always been a part of the US health system. this
is determining the most appropriate use of health care/resources - ANSWER:
rationing
