A pure public good is

A.rival in consumption

B.excludable

C.both a and b

D.neither a nor b

Understanding the healthcare industry and its impact upon the nurse managers individual unit would be aided best by understanding which of the following concepts except?

1. A.The law of supply and demand
2. B.Understanding market failure
3. C.Health care regulations
4. D.Knowing the stock prices of top pharmaceutical companies

All of the following are federal initiatives that have been implemented as initiatives toward aligning payment with quality incentivesexcept:

A.Insurance companies incentives

B.Hospital Quality Initiative

C.CMS centers of excellence

D.CMS Pay for performance

1. A limitation of reimbursement by diagnosis related group is that it encourages over servicing
2. True
3. False

Cost Benefit and Cost -Effectiveness Analysis are methods to consider advantages and disadvantages of decisions.The CBA is a method that compares:

A.The benefits related to a decision about a new project or other change to the costs of that decision

B.Does not require a measurement of benefit

C.Is not useful in small projects but is important with large-scale projects

D.Does not help with long term projects