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2. Hospital Management Case (20 Marks) Physicians have historically been solo or small group practitioners, competing only with other such Practitioners in their particular product and geographic market. As the market for physician services has evolved and antitrust enforcement has addressed anticompetitive conduct, competition has emerged along multiple dimensions. IPAS and PHOs compete for physician – members and to contract with payors. The forms and modes of competition in the market for physician services will inevitably vary overtime as conditions and preferences change. Competition helps deliver an optimum mix of physician services at the lower cost and highest quality

3. Answer the following question. Q1. Describe the term ‘IPA’s? Q2. Explain the IPS efficiencies? Q3. Define the term ‘PHO’s? Q4. Competition and the market for physicians services. Comment.

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