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The public interest theory focuses on efficiency

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Imagine that you are a hospital administrator speaking to a stakeholder group of people in your community including local policymakers, leaders and concerned citizens about market failures and the role of government and address complex healthcare policies so they will understand how healthcare policy is created and helps them. You wish to address how your hospital would like to help the community address the opioid crisis affecting the community and region and explain how the community could help. Government intervention is based on the special interest or public interest theories. The public interest theory focuses on efficiency in the market and the special interest theory levels the playing field in the legislative marketplace.

Reference no: EM132615252

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