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Assignment:
Describe the different characteristics of for-profit and not-for-profit hospitals.
Answer the following: What is medical arms race? (Many argue that hospitals are already too competitive in that competition in a not-for- profit environment turns into a medical arms race) How has the not-for- profit structure of the hospital industry affected competition? How has duplication of services affected the provision of hospital care?
Discuss whether the non-for-profit hospital status eliminates the for- profit behavior. Explain your answer.
Please provide references for the source used.
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