Economics of Health and Medical Care 7th Seventh Edition Lanis Hicks – Test Bank

Health economics is a vital field that examines the allocation of resources within the healthcare sector. The textbook “Economics of Health and Medical Care 7th Seventh Edition” by Lanis Hicks provides a comprehensive overview of this subject, catering to students and professionals in the field. Here are some key points highlighted in the book:

– The book delves into both inhabitants-based health economics and the traditional, market-oriented approach to healthcare economics. It offers a detailed examination of economics through descriptive, explanatory, and evaluative lenses, providing a holistic understanding of the subject.

– The Seventh Edition of the book has been extensively revised to reflect the significant changes taking place in the healthcare industry and the economy. This includes updates on payment systems, quality improvement, and the impact of the Affordable Care Act on healthcare demand and insurance coverage.

– The text also covers evolving issues in healthcare and discusses the implications for efficiency in the production and consumption of healthcare services. It provides updated data, empirical studies, and practical links to online resources to enhance learning and understanding.

With a revised introduction, expanded glossary, and updated content, “Economics of Health and Medical Care 7th Seventh Edition” serves as a valuable resource for students, educators, and professionals seeking to deepen their knowledge of health economics.

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### FAQ

#### 1. Who is the author of the book “Economics of Health and Medical Care 7th Seventh Edition”?
The book is authored by Lanis Hicks.

#### 2. What are some key features of the Seventh Edition of the book?
– Revised introduction providing an overview of health economics.
– Updated data reflecting changes in the healthcare system.
– Expanded glossary with new terminology.
– Links to additional online resources to aid understanding.

#### 3. What topics does the book cover?
The book covers inhabitants-based health economics, traditional market-oriented healthcare economics, and discusses the impact of various factors on the healthcare industry.

### Conclusion

“Economics of Health and Medical Care 7th Seventh Edition” by Lanis Hicks offers a comprehensive and up-to-date exploration of health economics, catering to both beginners and professionals in the field. With its revised content, practical examples, and insightful analysis, this textbook serves as a valuable resource for understanding the complexities of healthcare economics in today’s dynamic environment. Whether you are a student, educator, or healthcare professional, this book provides a solid foundation for exploring the economic aspects of healthcare delivery and policy.