MHS-2320 Lecture Notes - Lecture 2: False Claims Act, Oncology, Nyse Mkt

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Creating and selling a device they design, having an ownership stake in hospitals/clinics. Situation or set of circumstances that creates the possibility that a professional may provide a judgement or take an action motivated by something other than the interests or well-being of a patient who is owed a professional duty. At the heart of providing medical care always, because patient needs it - inherent conflict of physician giving more than needed. Increasing role of government as a purchaser of healthcare. Weakness of medical profession"s response to financial conflicts of interest. Pros and con of self vs government regulation. Con: rules and laws have been set up, not going far enough, will always have loopholes that drs need to learn not to abuse. Even if you completely limited it, still find a way. Be familiar with the logic and claims of market-driven medicine. Be familiar with the pros and cons of: self regulation.

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