Economies of scale mean that a group physician practice is


1. Economies of scale mean that a group physician practice is likely to return more income to physicians than an individual practice.

True

False

2. Charging higher premiums to women of child bearing age than to men of the same age is an example of price discrimination.

True

False

3. The total cost of attending medical school is covered by payments from all of the following sources except

a) tuition payments from students.

b) patient fees.

c) Stark law.

d) government subsidies or donations to medical schools.

e) National Institutes of Health research funding.

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Financial Management: Economies of scale mean that a group physician practice is
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