EC248 Lecture Notes - Lecture 12: Vertical Integration, Demand Curve, Health Canada
Document Summary
Ec 248 lesson 12 the supply side of health care provision: hospitals & pharmacies. People used to obtain care in three basic settings: home, an in-patient hospital, the old folks home . Most hospital-based procedures are now done on an out-patient basis, with an increased pressure to discharge patients quickly. Nursing facilities) and more complex care is migrating into patient"s home (home care) old folk"s homes are now long-term care sector. Hospitals represent the largest (but shrinking) sector in the health care system. Approximately 90% of health care expenditures on hospitals came from public funds which over time has fallen. In 1975 hospitals accounted for approximately 50% of total public health care expenditures, but by 2014 they have stabilized around 35% As of 2004, canada had about 740 hospitals, majority being general ones treating acute illnesses. Nearly all hospitals in canada are non-profit institutions, privately owned with community or religious boards or publicly owned.
