Health Economics and Financing

ISBN-10: 0471772593
ISBN-13: 9780471772590
Edition: 3rd 2007 (Revised)
Authors: Thomas E. Getzen
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Description: This volume utilises a flow of funds approach to investigate the sources and uses of financing as well as the incentives and organisational structure of the health care system. It then takes a wider macroeconomic perspective in order to explore the  More...

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Book details

List price: $173.95
Edition: 3rd
Copyright year: 2007
Publisher: John Wiley & Sons, Incorporated
Publication date: 12/26/2006
Binding: Hardcover
Pages: 496
Size: 7.50" wide x 10.00" long x 0.75" tall
Weight: 1.738
Language: English

This volume utilises a flow of funds approach to investigate the sources and uses of financing as well as the incentives and organisational structure of the health care system. It then takes a wider macroeconomic perspective in order to explore the dynamics of change within the health care system.

Preface
Acknowledgments
About the Author
Foreword
Terms of Trade: The Flow of Funds Through the Health Care System
What is Economics?
The Flow of Funds
Quality
Public or Private Choices
Research
Time
Economic Principles as Conceptual Tools
Health Principles
Health and The Economy
Demand and Supply
Need Versus Demand
The Demand Curve
Marginal Revenue
Is Money the Only Price?
Supply: Inputs and Production Functions
Markets
The Production of Health
Efficiency
Cost-Benefit and Cost-Effectiveness Analysis
Cost-Benefit Analysis is about Making Choices
Maximization: Finding the Optimum
Measuring Benefits
Measuring Costs
Evidence-Based Medicine
The Value of Life
Quality-Adjusted Life Years (QALYs)
Perspectives: Patient, Payer, Government, Provider, Society
Health Insurance: Financing Medical Care
Methods for Covering Risks
Insurance: Third-Party Payment
Risk Aversion
Adverse Selection
Moral Hazard
Tax Benefits
Effects of Health Insurance on Labor Markets
History of Health Insurance
Financing Health Care: Insurance as a Funding Mechanism
Insurance Contracts and Managed Care
Types of Insurance Plans
HSA's, Medical Savings Accounts and "Consumer-Driven Health Plans."
A Range of Risk Bearing: Fixed Premiums, Administered Services Only, and Self-Insurance
Managed Care Plans
The Range of Managed Care Plans
Is Managed Care The Solution to Rising Costs?
Managed Competition: The Enthoven Plan
Incentives-To Patients, To Payers, and To Providers
Physicians
Financing Physician Services: Revenues
Physician Incomes
Physician Financing: Expenses
The Transaction Between Doctor And Patient
Uncertainty
Licensure: Quality or Profits?
Medical Education, Organization, and Business Practices
Medical Education
The Origins of Licensure and Linkage to Medical Education
Adjusting Physician Supply
Group Practice: How Organization and Technology affect Transactions
Kickbacks, Self-Dealing, and Side Payments
Price Discrimination
Practice Variations
Insurance, Price Competition, and The Structure of Medical Markets
Hospitals
From Charitable Institutions to Corporate Chains: Development of the Modern Hospital
Hospital Financing: Revenues
Hospital Financing: Expenses
Financial Management and Cost Shifting
How do Hospitals Compete?
Organization: Who Controls The Hospital and for What Ends?
Management and Regulation of Hospital Costs
Why do some Hospitals Cost more than Others?
How Management Controls Costs
Conflict Between Economic Theory and Accounting Measures of Per Unit Cost
Economies of Scale
Quality and Cost
Controlling Hospital Costs Through Regulation
Long-Term Care
Development of The Long-Term Care Market
Defining Ltc: Types of Care
Medicaid: Nursing Homes as A Two-Part Market
Certificate of Need: Whose Needs?
Case-Mix Reimbursement
Substitution
Financial Reimbursement Cycles
Continuing Care Retirement Communities and The Wealthy Elderly
The Effects of aging on Cost and Utilization
Pharmaceuticals
Pharmaceutical Revenues: Sourceso Of FI

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