Class 17: Hospital Objective Functions

Objectives

• Describe the differences between for-profit and not-for-profit hospitals
• Link historical patterns of U.S. hospital care to current issues
• Define and explain the differences between hospital prices, charges, and costs
• Understand variation in hospital pricing and investigate price variation with the Health Care Pricing Project materials

Activities

• In-class activity on not-for-profit hospital utility maximization. The worksheet is here.