According to the textbook, a comparison of several countries
with different levels of income shows that quality of healthcare
and life expectancy among these nations are similar. However, the
cost of care in the U.S. is the highest among the nations in the
comparison. Analyze the main specific factors that affect the cost
of healthcare services in the U.S. and recommend one (1) way that
physician practices can help reduce the overall cost of healthcare
services in the U.S. Provide a rationale for your response. Assess
the key different types of physician practices and evaluate three
(3) administrative challenges that practice administrators face in
providing quality services to the communities they serve. Support
your analysis with specific examples.
Field of study: