A nurse economist is explaining to a class that the health care market exists in a state of "market failure" because
a. complex variables prevent a consensus on health care "production."
b. health care fails to meet the needs of its customers and consumers.
c. more health care practices are failing economically in this market.
d. practices suffer as their investments in the stock market fail to grow.
A
The economics of health care are unlike any other business sector. Demand for health care is not directly related to the quality and availability of services. Incomplete information by "consumers" and uncertainty related to the need for future health care result in a situation in which society cannot agree on an acceptable level of "output." This is known as market failure.
It can be argued that health care today is not meeting demands, but this is unrelated to the concept of market failure.
It may be true that more health care practices are failing economically in this market, but it is not related to the concept of market failure.
Investment in the stock market is not related to market failure.
You might also like to view...
Which medication would cause surgery to be delayed if it had not been discontinued several days before surgery?
a. Analgesic agent b. Antihypertensive agent c. Anticoagulant agent d. Antibiotic agent
The nurse caring for a patient with hepatic encephalopathy assesses that the patient exhibits episodes of confusion, is difficult to arouse from sleep, has rigid extremities, and EEG abnormalities
Based upon these clinical findings, what is the patient's stage of hepatic encephalopathy? A) Stage 1 B) Stage 2 C) Stage 3 D) Stage 4
A patient has been taking aspirin on a regular basis for general aches and pains. She is a nervous, emaciated, 46-year-old, unmarried alcoholic. She is now at the clinic feeling weak and dizzy
She reports increasingly severe abdominal pain that developed approximately 7 days ago. You might suspect that the: 1. patient may have cirrhosis of the liver made worse by the aspirin. 2. alcoholic condition may have reduced the patient's resistance, and she has now developed tuberculosis. 3. patient may have appendicitis made worse with alcohol. 4. patient may have GI bleeding because of the aspirin and alcohol.
To evaluate function of an infant's or child's cerebral cortex, you should:
A) assess pupil reaction. B) use the AVPU scale. C) assess for posturing. D) evaluate motor activity.