Reference no: EM133129848

Which of the following is FALSE regarding Certificate of Need (CON)? 

1. CON requirements were repealed in 14 states but continue to serve as anti-competitive forces in others
2. CONs are common forces in the home health care industry regulation, despite the industry's low barrier to entry
3. Committees that determine CON for new hospitals are typically made up of incumbent hospital providers
4. The Health Planning Resources Development Act of 1974 abolished the need for new hospitals to obtain CONs

The optimal combination of inputs for each level of service provision is referred to as:

1. Expansion Path
2. Unregulated inputs
3. Service Level C
4. Certificate of Need (CON)