Agency costs and complex contracts in health care organizations.
Agency theory explains the results of conflicts of incentive between principals and their agents. Health care organizations offer many examples of agency problems, among which are conflicts between patients and physicians and between administrators and investors.
McLean
R A
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University of North Carolina, Chapel Hill.
D003284:Contract Services / Q000191:economics*; D003365:Costs and Cost Analysis; D005251:Fees, Medical; D005376:Financial Management / Q000191:economics*; D006279:Health Maintenance Organizations / Q000458:organization & administration; D006788:Hospitals, Voluntary / Q000458:organization & administration; D008503:Medical Staff / Q000458:organization & administration*; D014481:United States