Services have been ___________at most of the hospitals involved in a merger.
What is added?
100
How big something is.
What is size?
100
When two or more similar corporations come together to form a single entity.
What is a merger?
200
Inpatient admissions, by payer
What is volume?
200
Medical advances and technology which allowed some procedures to be completed as outpatient services resulted in...
What is declining occupancy?
200
A ___________is defined as a facility that provides general, short-term acute medical and surgical inpatient services.
What is a hospital?
200
A hospital that is not associated with a medical school. In addition, it doesn't serve as a practical educational site for medical students, interns, residents, and allied health personnel.
What is a nonteaching hospital?
200
Consumers gain direct monetary benefits from a merger when prices are _______________.
What is low, reduce, or decreased?
300
Net inpatient per admission, per payer
What is prices?
300
This influences a hospital declining occupancy. It is best described when a group of people move from one area to another area over a period of time
What is demographics?
300
Declining occupancy, lagging revenue and/or rising costs are reasons why some hospitals
What is merge?
300
Less than 50% of beds filled is considered
What is low occupancy?
300
Mergers in areas with high membership were accompanied by price savings. They offer their members a wide range of healthcare services through a network of providers who agree to supply services to their members. As a member, you'll be required to choose a primary care physician (PCP).
What is a HMO?
400
Rate of inpatient mortality. Rate of overused procedures.
Rate of adverse patient safety events.
What is Quality?
400
Hospitals needing to purchase new medical technology in order to compete with other hospitals. This can affect their ____________ expense.
What is capital expense?
400
This type of hospital provides community benefits to its surrounding communities.
What is not-for-profit?
400
Hospitals may consolidate certain services at one hospital to prevent this from happening
What is a duplication of services?
400
Looking at _________ type of expense and revenue may be a better indicator to determine if there is any consumer benefit.
What is operating?
500
Hospital spending per patient admission.
What is Efficiency?
500
An employee salary can influence your ________ cost.
What is labor cost?
500
This association can provide a list of hospitals that merge.
What is the American Hospital Association?
500
____________ is a business consolidation that occurs between firms who operate in the same space, often as competitors offering the same good or service.