Exam 12: The Physician Services Industry

What are the two primary goals of the malpractice system?

Which of the following payment mechanisms provides the greatest incentive to over utilize medical care?

Over the past thirty years, the absolute number of active primary care physicians has _______ while the proportion of active primary care physicians has _______.

An increase in the use of physician extenders would decrease costs of providing medical care.

Using a staff-model HMO, if there is an increase in the wages of physicians, how would the HMO likely respond to provide its current level of medical care?

There is very little recent support for the existence of supplier-induced demand.

Allowing physicians to patent and license practice strategies could help decrease price variations.

Which of the following exemplifies the principal-agent theory within medical care?

_______ refers to the exploitation of asymmetric information to increase demand for physician services.

If all statutes limiting the roles of physician assistants were lifted, the level of competition in the physician services market would decrease.

Traditional fee-for-service payment mechanisms provide incentives to over utilize medical care.

The _______ suggests that per capita variations in the use of medical care are due to variations in physician preference for particular medical procedures.

The _______ suggests that per capita variations in the use of medical care are due to variations in clinical opinions regarding the appropriate amount and type of medical care.

Which of the following reasons might explain why expenditures on physician services have increased?

Over the past thirty years, the absolute number of physicians has _______ while the physician-to-population ratio has _______.