1
Q
How large a hospital is?
A
Determined by the number of inpatient beds
2
Q
Non profit entities
A
Don’t pay taxes
3
Q
For profit entities
A
Pay taxes
Any revenues go back to share holders
4
Q
Horizontal integration (flat)
A
The affiliation of similar units of production.
Group of phys across all areas of practice.
Ex: all GHS specialty phys
5
Q
Horizontal integration
A
May serve to reduce duplication of services and marketplace competition.
6
Q
Vertical integration
A
Provides a delivery chain for a range of health services rather than specializing in one product.
7
Q
Who are the 3 key components of medical staff?
A
Governing board
Clinicians
Administration
8
Q
What are the 5 key issues facing the hospital industry?
A
Specialty hospitals Technology Clinical practice patterns Reimbursement mechanisms Academic medical centers
