The International Organization for Standardization has developed ...

[burton19126]

The International Organization for Standardization has developed international environmental standards known as ISO 14000.
  Indicate whether the statement is true or false

Question 2

Hospitals in Arizona, New Mexico and Colorado are regulated on their emergency room fee schedules by a state hospital emergency room board. The board consists of representatives from all of the hospitals in the state. The board meets twice each year and establishes the prices for emergency room care. The states have assumed a regulatory oversight rule because of the need for universal access for emergency care. The prices charged for emergency room care in these three states exceed the average charges in California, Utah, Nevada, Idaho, Oregon and Washington. Patients who experience the higher charges in Arizona, New Mexico and Colorado are concerned about the higher rates. Discuss any legal rights and remedies they may have.

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Answer to Question 1

TRUE

Answer to Question 2

Even when prices are established by a regulatory body, those prices can be challenged as anticompetitive if it can be shown that there was no meaningful oversight over the industry as it established its own rates. The patients may have a class action suit in which they could recover treble damages for the collusion via government agency.

[burton19126]

TYSM

[softEldritch]

Thanks for the timely response, appreciate it