Help with my health question

timer Asked: Jul 4th, 2014
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Question Description

Explain what would happen to the level of competition in the physician services market if all statutes limiting activities of physician assistants and nurse practitioners were eliminated.

Tutor Answer

School: Cornell University

Competition would become more competitive than ever. Why, common business mentality is that of saving that can be passed to the consumer. Hypothetically speaking, if I terminated 5 PA and 3 NP, I could hire 1 or 2 PA-C, thus,  cutting my expense bib more than half,  nearly 50% saving that can now be passes tot he comsumer to generatre attractive competition amongest physicicnal and their practices.

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