Healthcare Part A Flashcards
0
Q
Resource utilization
A
allocation of resources based on anticipated need for those resources (don’t know for sure what exactly will be needed)
1
Q
Allocation of resources
A
where we look at how scarce resources are supplied by producers and distributed to consumers
2
Q
Healthcare resources
A
- staff (nurses, doctors, technicians, biggest resource and biggest cost)
- capital (medical facilities, equipment, and supplies)
- land (property for hospitals and faciliites. don’t just decide one day to add on to make hospital bigger. someone had a vision years and years ago)
- entrepreneurship (vision and skill to manage and develop the healthcare business and financies)
3
Q
top 3 healthcare costs
A
- hospital care (31%)
- physician/clinical services (21%)
- Rx drugs (10%)
4
Q
Factors increasing HC cost
A
- dynamics of national economy
- infaltion
- aging population (still a lot of time left to see these patients)
- technology (spend money upfront but can save money later)
- growth of 3rd part payers (anybody other than the patient)
- employer provided health insurance
- increased costs of labor
- malpractice
- illegal populations
5
Q
Primary factor driving HC cost
A
Prices (there is an increased cost of goods and services and increased amount of care being delivered) and waste (duplication of services, physicians have to deliver the standard of care)
6
Q
Theories of Justice
A
- utilitarian (the greatest good for the greatest number)
- libertarian (protects the rights of property and liberty of each person, allowing citizens to improve their circumstances by their own efforts)
- communitarian (places the community, rather than the individual, the state, the nation, or any other entity, at the center of the value system)
- egalitarian (related to the concept of equality, where people who are similarly situated should be treated similarly; promotes the idea of equal distribution)
