Research studies indicate that when a non-profit healthcare organization is converted to a for-profit status, it might lead to higher prices and a reduction in the number of services offered, if the converting organization had significant monopolistic market power in that geographical area.

Question

Quizplus · Accepted Answer

When a non-profit healthcare organization with significant monopolistic market power converts to a for-profit status, it may prioritize profit margins over community service, leading to higher prices for services and potentially reducing the number of services offered to maximize profitability.

Research Studies Indicate That When a Non-Profit Healthcare Organization Is