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Healthcare-particularly government-funded healthcare-is heavily regulated. Providers who agree to participate in these programs and accept payment for services must comply with numerous confusing (and expensive) regulations.
Consider the following hypothetical:
You are head of risk management for a medical group that is employed by a hospital. You have just learned that Dr. Stevens, an orthopedic surgeon, has sent Christmas gifts for the past three years to every primary care provider who has referred patients to Dr. Stevens. What legal risks are raised by Dr. Stevens' actions? Should this behavior be legal or illegal? What questions will you ask Dr. Stevens and what additional information do you need to gather?
Set out a stepwise plan to address this situation. Based on the conclusions you draw, recommend policy changes by the hospital and medical group.
Suppose that clean srings water c ompany has a monopoly on bottled water sales in california. suppose that the price of tap water increases. which is the change in the profit maximisation price and level of output for CSWC. explains in words and..
Graphically illustrate and explain what effect an increase in the reserve deposit ratio (θ) will have on this market and on the equilibrium interest rate
Tennessee provides insurance coverage for up to $25,000 in annual health expenses. Of the $25,000, the most that can be spent on hospital bills is $15,000. Expenses above these thresholds are not covered by the state plan. Is Tennessee consistent wit..
American corporations are assessed a federal tax on their profits, defined as revenues minus costs. One of the costs they can deduct from revenues, of course, is the cost of labor. This proposal will raise the corporate taxes of companies that offsho..
Monopolies can sometimes find themselves in difficult financial situations that lead to losses. Suppose Mr. Burns Power Company has a monopoly for providing electricity in Springfield. What happens to the market when Mr. Burns raises the price he cha..
The balance sheet below represents the current financial situation of a commercial bank named Novatia Bank. What will happen to the bank\'s liabilities after the $150 deposit. What will happen to the bank's assets after the $150 deposit?
"When workers already have a large quantity of capital to use in producing goods and services, giving them an additional unit of capital increases their productivity only slightly."
Carlisle Company has been cited and must invest in equipment to reduce stack emissions or face EPA fines of $18,500 per year. An emission reduction filter will cost $75,000 and have an expected life of 5 years. Carlisle's MARR is 10% per year. what i..
Consider again an economy with the usual required reserve ratio (rr); economy-wide checking (demand deposits) of $400,000; total cash within banks of $100,000; cash held by the public of $36,000; and er = 0.16. Calculate the "real-world" multiplier.
What is a recessionary gap? What are effects of this gap on the price level, real output, and unemployment? Explain
Assume the market for a commodity is described by the demand and supply functions. Determine the equilibrium price and quantity in this market.
Predatory acts of firms are generally against the law in the United States. Specifically in terms of pricing strategies of firms in various market structures, however, it is possible for competing firms to work together to determine a solution benefi..
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