Define the concept of innovation. What is the mission or purpose of Center for Medicare & Medicaid Innovation? What are the economic goals the Center is attempting to achieve and why?

PLEASE REF. THE TEXT- Getzen Thomas Allen Bruce and Moore Jennifer (2007). Health Care Economics Chapter 7 Physician Organization and Business Practice AND Chapter 8 Hospitals AND THE LINK I PROVIDED FOR YOU TO ANSWER QUESTION #1. ALSO FOR QUESTIONS 2 3 AND 4 PLEASE REF. THE TEXT- Getzen Thomas Allen Bruce and Moore Jennifer (2007). Health Care Economics Chapter 9 Hospital Costs AND Chapter 10 Managed Care. THANK YOU.
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HEALTHCARE QUESTIONS
INSTRUCTIONS- PLEASE ANSWER THE FOLLOWING QUESTIONS COMPLETELY AND FULLY. ALSO ANSWER THE QUESTIONS THAT ARE WITHIN THE QUESTION. PLEASE REF. THE TEXT- Getzen Thomas Allen Bruce and Moore Jennifer (2007). Health Care Economics Chapter 7 Physician Organization and Business Practice AND Chapter 8 Hospitals AND THE LINK I PROVIDED FOR YOU TO ANSWER QUESTION #1. ALSO FOR QUESTIONS 2 3 AND 4 PLEASE REF. THE TEXT- Getzen Thomas Allen Bruce and Moore Jennifer (2007). Health Care Economics Chapter 9 Hospital Costs AND Chapter 10 Managed Care. THANK YOU.

QUESTIONS

1. A center piece to the Accountable Care Act is the health insurance exchange provision. Define what a health insurance exchange is and how it is supposed to function? What economic value is to come from the insurance exchanges? What are the potential pitfalls? Resource http://www.commonwealthfund.org/

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