Answer:
Market failure occurs when there is a state of disequilibrium in the market due to market distortion. It takes place when the quantity of goods or services supplied is not equal to the quantity of goods or services demanded. Some of the distortions that may affect the free market may include monopoly power.
Answer:
The answer to the question: What do you view as important issues within healthcare delivery, would be: the availability of more and better resources to ensure that all patients are treated with efficiency and effectiveness, depending on their individual needs, and the possibility to have more, and better-prepared office staff, like secretaries and receptionists, so that healthcare providers can focus entirely on patient care, and not on the mountains of paperwork, phone calls and documentation that insurance companies require to authorize a simple procedure that would improve a patient´s life.
Explanation:
Although there are a lot more issues that need to be addressed regarding patient care delivery, these two have proven to become real obstacles. First, although some hospitals and clinics are blessed with resources, this is not always the case, especially for public hospitals. The result of this is that patients at public hospitals are not always given the best care that could be given to them due to lack of resources and this lowers the efficiency of healthcare. The second issue is that healthcare professionals are becoming encumbered more and more with the amount of paperwork and documentation that is demanded by insurance companies simply to authorize the payment of a procedure. This also limits the effectiveness of treatment, as healthcare professionals do not have access to all the resources that are available to ensure the best treatment. This is why, to me, these two are some of the most important issues to face right now.
If the medical biller notices incomplete documentation, the biller should confirm with the provider.
