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start learning
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National Organization that evaluates and acredit Healthcare organizations
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not for profit designation and profit motive start learning
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to exist for other than money, they need to generate enough Revenue from operations or get donations
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start learning
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required certificate of need (CONS) approval before new hospitals could be built
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Monopoly monopsony oligopoly start learning
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Monopoly only has one seller and can raise prices. monopsony has one buyer with many sellers. oligopoly has few sellers
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start learning
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sets incentives and grants exclusive marketing rights to promote development of drugs for rare disease
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who are physician customers start learning
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start learning
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federal law that mandates Insurance portability and setup procedures for electronic data Exchange. Easier to get insurance
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start learning
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method used by businesses to analyze the external environment. Strength, Weakness, Opportunities, Threats
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start learning
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interest, inflation, and unemployment rate
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start learning
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prosperity, inflation, recession, depression, recovery, unemployment
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government role in healthcare start learning
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provider of healthcare, payer of services, regulator of healthcare providers
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start learning
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people on the same side agreeing to a set price
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start learning
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prohibits monopolization in other activities that lessen competition
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what is price discrimination start learning
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charging a different price for the same product
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what is the business configuration start learning
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Corporation: has many owners /shareholders. partnership: has two members or more. proprietorship: one person owns a business.
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start learning
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start learning
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amendment to Social Security Act that prohibits referrals to clinical lab service where provider has Financial interest$$$$
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