Chapter Questions
Support or refute the statement "Well, supply and demand ... it just doesn't work in health care!"
Discuss how margin and mission are related in the hospital environment, or aren't they?
Frame arguments for or against the policy of mandated minimum staffing ratios in the positive versus normative economic dichotomy.
Are hospitals competing on the basis of price, quality, or both? Explain.
Is hospital care overly regulated? Why or why not?
What is healthcare regulation and what are some of its costs?
Why is the provision of sick-care (hospital) services said to be a derived demand?
Should there be minimum safe staffing ratios-from the standpoint of the patient? Why or why not?
Should there be minimum safe staffing ratios-from the standpoint of the hospital? Why or why not?
Should there be minimum safe staffing ratios-from the standpoint of the profession? Why or why not?
From an economic perspective describe the cost of regulation in the healthcare environment.
What is your definition of profit?