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This paper reviews dominant trends in healthcare economics during the last decade. Specifically, the researcher reviews economic theory and law. The paper examines how economic theory influences trends in healthcare organizations and relationships among healthcare providers. A comprehensive analysis of the literature is provided. The literature review suggests multiple theories including supply side theories. These theories help influence decision-making in healthcare. The researcher concludes that physicians now hold less power in the healthcare industry.
Sample of Sources Used:
- Bradford, William D. & Mobley, Lee R. (2004). Employment based health insurance and the effectiveness of intra-firm competition between insurance providers." Southern Economic Journal, 70(4): 1012.
- Burda, David. (1993, Dec). "Number of hospital mergers slips in '92, expected to rise for '93." Modern Health Care 23(3): 10.
- Eastaugh, S.R. (1992). "Health economics: efficiency, quality and equity." Westport: Auburn House.
- Feldman, Roger, Dowd, Bryan, Leitz, Scott & Blewett, Lynn. (1997). The effect of premiums on the small firm's decision to offer health insurance." Journal of Human Resources, 32(1): 635-58.
- Feldstein, Paul J. (2005). Health Care Economics (6th ed.). Albany, NY: Delmar Publishers.
Cite this Research Paper:
Healthcare Economics (2007, March 26) Retrieved September 28, 2023, from https://www.academon.com/research-paper/healthcare-economics-93683/
"Healthcare Economics" 26 March 2007. Web. 28 September. 2023. <https://www.academon.com/research-paper/healthcare-economics-93683/>