Answer to Question #49623 in Economics of Enterprise for ObiJuru

Question

The number of patients and the number of days each patient spends in the hospital has gone down. Why have hospital costs continued to increase faster than other health care costs?

Answer 1

There are fixed costs that will be the same overperiod of time. Cost of medicine raises so there are other factors that influence on costs and decreased number of patients and number of days do not influence on total costs