The health resource planning act of 1974 required states to


The Health Resource Planning Act of 1974 required states to establish certificate of need boards.

a. Describe the intent of CON laws as a mechanism to control health care cost growth.

b. How do these laws benefit existing hospitals in the market?

c. What concerns might we have if all CON laws were repealed and hospitals were allowed to enter and exit markets as freely as restaurants selling chicken fingers?

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Financial Management: The health resource planning act of 1974 required states to
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