Background Community-based outpatient experiences are a core component of the clinical years in medical school. Central to the success of this experience is the recruitment and retention of volunteer faculty from the community. Prior studies have identified reasons why some preceptors volunteer their time however, there is a paucity of data comparing those who volunteer from those who do not. M...

We consider interruptible electricity contracts issued by a distributor of electricity, that allow for interruptions to electric service in exchange for either an overall reduction in the price of electricity delivered, or for financial compensation at the time of interruption. We provide an equilibrium model to determine electricity prices, based on stochastic models of supply and demand. In t...

BACKGROUND California Workers' Compensation (WC) system costs are under review. With recently approved California State Assembly Bill (AB) 749 and Senate Bill (SB) 228, an assessment of proposed pharmaceutical cost savings is needed. METHODS A large workers' compensation database provided by the California Workers' Compensation Institute (CWCI) and Medi-Cal pharmacy costs obtained from the St...

This perspective argues that for-profit hospitals will be heavily affected by epidemic crises, including the current coronavirus disease 2019 (COVID-19) outbreak. Policy-makers should be aware that for-profit hospitals in particular are likely to face financial distress. The suspension of all non-urgent elective surgery and the relegation of market-based mechanisms that...

The search for wild plant and animal products of potential value to medicine, agriculture, and other uses has been going on for hundreds, possibly thousands, of years. Many commonly prescribed medicines in the United States include ingredients derived from natural products, and roughly 80% of the world's people rely on natural products for their primary medical needs. Until the past decade, all...

BACKGROUND AND OBJECTIVES One factor cited for the decline of family physicians delivering babies is a lack of faculty role models during residency training. This study's purpose was to determine how many residency programs experience difficulty recruiting faculty who perform deliveries and whether financial or not financial compensation are associated with recruiting difficulties. METHODS Us...

Incentive compensation induces correlation between the portfolio of managers and the cash flow of the firms they manage. This correlation exposes managers to risk and hence gives them an incentive to hedge against the poor performance of their firms. We study the agency problem between shareholders and a manager when the manager can hedge his incentive compensation using financial markets and s...

The goal of tort law and medical malpractice lawsuits is to restore the situation to its previous state. Namely, the compensation awarded to the victim aspires to return him to the situation before the damage was caused. However, this is not simple, since it is very difficult to measure mental damage or suffering experienced by the victim and to quantify it as financial payment. In tort lawsuit...