Which of the following has been shown to discourage competition in the long-term care industry?
A) Certificates of need
B) Sunk costs
C) Scale economies
D) Predominance of Medicaid
E) None of the above
Correct Answer:
Verified
Q4: Evidence suggests that nursing homes can substantially
Q5: Retrospective payment systems _ costs, _ quality,
Q6: Scale economies allow long-term care facilities to
Q7: The market demand for medical services represents
Q8: Which of the following are reasons why
Q10: Which of the following might cause an
Q11: What is the largest purchaser of nursing
Q12: Prospective payment systems _ costs, _ quality,
Q13: Barriers to entry in the nursing home
Q14: Which of the following best describes a
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