Question

Hospital cost studies have difficulty in controlling for (one of the following) A) Input Prices b)...

Hospital cost studies have difficulty in controlling for (one of the following)

A) Input Prices

b) Quality of care

C) Case mix

d) All of the above

Homework Answers

Answer #1

Option D.

  • Hospital costs have difficulty in controlling input price's, quality of care, case mix.
  • Controlling and measuring input price's has always been a challenging task as these prices keep varying over time. This might weaken the strength of input data collections and hence the difficulty in controlling the prices Increases.
  • Providing quality care and services also poses a challenge on the hospital cost studies as it a very tedious task when some of the resources might be scarce.
  • Case mix refers to the categorisation of patient's based on the treatment, care, resources required etc.
  • The hospital cost studies hence faces a challenging task in controlling all these above mentioned things.
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