A Common Physician-Only Integrated Model Is a Group Practice Without

question 113

Multiple Choice

A common physician-only integrated model is a group practice without walls (GPWW) . One characteristic of a typical GPWW is that the

• A) GPWW combines multiple independent physician practices under one umbrella organization
• B) GPWW generally has a lesser degree of integration than does an IPA
• C) member physicians cannot own the GPWW
• D) GPWW's member physicians must perform their own business operations

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Definitions:

Antitrust Law

Legislation aimed at preventing anti-competitive practices, monopolies, and other actions that restrict or distort market competition.

Economic Efficiency

A situation in which every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.

Chicago School

An economic school of thought advocating for minimal government intervention in markets, emphasizing the importance of free-market principles.

Trust

A fiduciary relationship where one party, known as the trustee, holds property or assets for the benefit of another party, called the beneficiary.