In Japan, most hospitals Group of answer choices enjoy a high level of profitability are 100%...

In Japan, most hospitals

Group of answer choices

enjoy a high level of profitability

are 100% government owned

are 50% public and 50% private

are barely making money with low profit levels

none of the choices

Expert Solution

Hospitals faced continuing financial difficulties in fiscal 2018, with institutions across the country registering a minus 2.7 percent profit margin on average, a government survey has shown.

Among hospitals, public institutions struggled in particular, with those run by local governments incurring a negative profit margin of 13.2 percent. National hospitals logged negative 2.3 percent.

Private hospitals were in the black with a profit margin of 0.9 percent, with their directors earning about ¥30.42 million annually on average, down 0.5 percent from 2017.

Heads of clinics earned about ¥28.07 million annually on average, while doctors at private hospitals earned about ¥16.41 million per year, according to the survey.

Medical service fees are funded by taxes, insurance premiums and out-of-pocket payments by patients, and increased service fees lead to inflated medical spending and a heavier contribution burden.

( C ) part is a correct answer

Rahul Sunny answered 6 months ago

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