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Health care systems: supply and demand

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In terms of demand and supply of both health care services and the "factors of production" specifically the labor supply (physicians, clinicians, etc.) is healthcare heading down the same path as the financial services industry--dominated by several large health systems? Why or why not? If so, what are the potential benefits and dangers of this broad based consolidation?

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Solution Summary

This solution provides explanations of supply and demand in health care systems. It also goes into services and factors of production as well as potential benefits and dangers. The Affordable Healthcare Act is also discussed. The discussion is a total of 194 words and two references.

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In terms of demand and supply of both health care services and the "factors of production" specifically the labor supply (physicians, clinicians, etc.) is healthcare heading down the path of being dominated by several large health systems? Why or why not? If so, what are the potential benefits and dangers of this broad based consolidation?

Yes, this is occurring as several large ...

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  • MS, Prairie View A&M University
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