Podcast
Questions and Answers
What is the opportunity cost associated with volunteers helping staff a new clinic?
What is the opportunity cost associated with volunteers helping staff a new clinic?
- The potential services volunteers could have provided if not helping at the new clinic (correct)
- The cost of medical supplies used by the volunteers
- The cost of training the volunteers
- The actual monetary value of the volunteers' help
What are direct medical costs associated with healthcare?
What are direct medical costs associated with healthcare?
- Pharmaceuticals, diagnostic tests, and physician visits (correct)
- Costs of maintaining the clinic's infrastructure
- Volunteers' time and effort
- Training costs for medical staff
What are direct non-medical costs associated with healthcare?
What are direct non-medical costs associated with healthcare?
- Emergency department visits and hospitalizations (correct)
- Costs of medical research and development
- Costs of medical equipment used in treatment
- Costs of administrative staff in the clinic
What are examples of direct medical costs for chemotherapy treatment?
What are examples of direct medical costs for chemotherapy treatment?
What is the primary focus of cost categorization in healthcare?
What is the primary focus of cost categorization in healthcare?