How strong is your hand when the HMO opens the bid?
The HMO industry is growing rapidly, and hospitals must determine how they are going to respond to it. Game theory reveals that it is to the hospital's benefit to enter into an agreement with an HMO. Therefore, hospital managers must position their institutions with respect to the HMO, select the best strategy, and "win" the HMO game.
D003657:Decision Making; D005240:Feasibility Studies; D005376:Financial Management / Q000379:methods*; D005377:Financial Management, Hospital / Q000379:methods*; D005716:Game Theory; D006279:Health Maintenance Organizations / Q000458:organization & administration*; D009935:Organizational Affiliation; D010934:Planning Techniques; D012306:Risk; D014481:United States