USP 143 Exam 2 questions n answers
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health care is now a hybrid ____/___ ___, combo of ___ and ___ payment, but mostly____ -
correct answer ✔✔- Hybrid consumer/public good
- Public and private
- But mostly private (non-governmental)
consumption of health care is ____ (volume) but we have ___ outcomes - correct answer ✔✔-
Growing
- Declining
graph of costs vs. outcomes- when interventions are expensive, what is needed for the same
outcome? when an intervention is cheap, you get what outcome at what price point? - correct
answer ✔✔- Greater cost needed
- Same outcome for a lower cost
graph of costs vs. outcomes- if health status improves, what happens to the line on the graph?
small cost investments will yield what sort of outcomes? - correct answer ✔✔- Entire line shifts
left and has steeper slope
- Smaller cost investments will yield equal improvements in outcomes
graph of costs vs. outcomes- what does a flatter curve suggest? a steeper curve? - correct
answer ✔✔- the flatter the curve the greater costs must be expended to improve outcomes
- the steeper the curve then lowers costs will raise outcomes
, Profit is the difference between what and what? - correct answer ✔✔revenue in sales and the
costs of producing the good or service
Deadweight Loss - correct answer ✔✔cost to society created by market inefficiency, occurs
when supply and demand are out of equilibrium
Artifical constraint on supply - correct answer ✔✔makes price higher, example prescription
meds that can only be accessed through a physician
deadweight losses result in what from producers? - correct answer ✔✔producers making less of
a good than desired by society (usually through artificial price protection)
Non-profit hospitals - correct answer ✔✔viewed as charitable by IRS, do not pay income or
property tax, often affiliated with a religious denomination, owned by investors or the
shareholders of a publicly traded company
For-profit hospitals - correct answer ✔✔owned by investors and shareholders of a publicly
traded company
Community Health Needs Assessment(CHNA) - correct answer ✔✔once every 3 years required
to conduct. "a systematic process involving the community to identify and analyze community
health needs and assets in order to prioritize these needs, and to plan and act on unmet
community health needs"
Non-profit hospitals are ~____ of all hospitals in U.S. - correct answer ✔✔2/3rds
The problem with non-profit hospitals and systems is that... - correct answer ✔✔we do not see
significantly better or worse health outcomes and for-profit hospitals spend more on charity
care by a large amount
rated A+
health care is now a hybrid ____/___ ___, combo of ___ and ___ payment, but mostly____ -
correct answer ✔✔- Hybrid consumer/public good
- Public and private
- But mostly private (non-governmental)
consumption of health care is ____ (volume) but we have ___ outcomes - correct answer ✔✔-
Growing
- Declining
graph of costs vs. outcomes- when interventions are expensive, what is needed for the same
outcome? when an intervention is cheap, you get what outcome at what price point? - correct
answer ✔✔- Greater cost needed
- Same outcome for a lower cost
graph of costs vs. outcomes- if health status improves, what happens to the line on the graph?
small cost investments will yield what sort of outcomes? - correct answer ✔✔- Entire line shifts
left and has steeper slope
- Smaller cost investments will yield equal improvements in outcomes
graph of costs vs. outcomes- what does a flatter curve suggest? a steeper curve? - correct
answer ✔✔- the flatter the curve the greater costs must be expended to improve outcomes
- the steeper the curve then lowers costs will raise outcomes
, Profit is the difference between what and what? - correct answer ✔✔revenue in sales and the
costs of producing the good or service
Deadweight Loss - correct answer ✔✔cost to society created by market inefficiency, occurs
when supply and demand are out of equilibrium
Artifical constraint on supply - correct answer ✔✔makes price higher, example prescription
meds that can only be accessed through a physician
deadweight losses result in what from producers? - correct answer ✔✔producers making less of
a good than desired by society (usually through artificial price protection)
Non-profit hospitals - correct answer ✔✔viewed as charitable by IRS, do not pay income or
property tax, often affiliated with a religious denomination, owned by investors or the
shareholders of a publicly traded company
For-profit hospitals - correct answer ✔✔owned by investors and shareholders of a publicly
traded company
Community Health Needs Assessment(CHNA) - correct answer ✔✔once every 3 years required
to conduct. "a systematic process involving the community to identify and analyze community
health needs and assets in order to prioritize these needs, and to plan and act on unmet
community health needs"
Non-profit hospitals are ~____ of all hospitals in U.S. - correct answer ✔✔2/3rds
The problem with non-profit hospitals and systems is that... - correct answer ✔✔we do not see
significantly better or worse health outcomes and for-profit hospitals spend more on charity
care by a large amount
