Health Care Economics

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Wiley, 1983 - Economics, Medical - 573 pages
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Among the several reasons for revising the first edition, perhaps the most compelling is to keep up with the changes occurring in the health care sector. Competition is now the new area of policy focus. The concern over a shortage of physicians has changed to a concern with an impending surplus of physicians. From being reimbursed on a cost-plus basis, hospitals are now facing prospective reimbursement. These are some of the changing forces in the health care system that have been incorporated into this revision. Contents: The production of health. Anoverview of the medical care sector. Measuring changes in the price of medical care. The demand for medical care. The demand for health insurance. Teh supply of medical care. The market for health insurance. The physician services market. The market for hospi tal services. Relying on regulation to improve hospital. The benefits of competition in medical care. Health manpower shortages. The market for physician manpower. The market for medical education. The market for registred nurses. The pharmaceutical industry. The political eco- nomy of health care. The role of government.

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The Applicability of Economics to the Study of Medical Care
Determining the Allocation of Resources to Medical Care Using a Health

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About the author (1983)

Robert Gumbiner Professor in Health Care Management
Graduate School of Management
University of California

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