GW4567M (HEPL/HE) Week 1 tm 3

Question 1

Many non-profit hopsitals are foundations. Foundations are owned by:

Answer 1

Nobody

Question 2

Non-profit hospitals become dominant in the early 20th century because:

Answer 2

Lower input costs than for-profit hospitals

Question 3

The most important reason for the limited growth of for-profit hospitals after the second world war was:

Answer 3

Limited acces to public funding and subsidies

Question 4

According to the physician control model, non-profit hospitals are likely to be

Answer 4

Less efficient than for profit-hospitals

Question 5

Why are non-profit hospitals likely to be less efficient according to the physician control theory?

Answer 5

Because physicians do not optimize their own input

Question 6

According to the property rights theory, non-profit hospitals are likely to be:

Answer 6

Less efficient than for profit-hospitals

Question 7

According to the property rights theory, pricesi n for-profit hospitals are likely to be:

Answer 7

Lower or higher than in non-profit hospitals, depending on the context

Question 8

Why do esoquants never intersect with each other?

Answer 8

Because of positive marginal returns; means that extra input in process, it has positive effect on the ouput. This is an assumptions in produciton theory, because for a producer it does not matter if output goes down. If extra surgeon does not help, you wont add him in the production process.

Question 9

The most efficient combination of inputs is independent of the input prices when inputs are:

Answer 9

Complements

Question 10

Without case-mix adjusment, the optimal scale of academic hospitals is likely to be:

Answer 10

Underestimated; academic iften treats more complex patients, requires also more ipnut for severe patients. If you dont adjust you just assume the costs are too high and a scale which is too big.

Question 11

DEA is better suited to measure the relative efficiency of hospitals than of nursing homes?

Answer 11

False