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Assume that children with asthma have a 25% annual hospitalization rate and that the average cost of hospitalization is $5,000. If insurance provider X cares
Assume that children with asthma have a 25% annual hospitalization rate and that the average cost of hospitalization is $5,000. If insurance provider X cares for 10,000 children with asthma, what is the expected annual value ceiling for a new technology if it reduces hospitalizations in this providers population by 20%?
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