Monopsony

What is Monopsony?

The opposite of a monopoly; whereas an economic monopoly is on the supply side, a monopsony is on the demand side.

A managed health care provider is a monopsony for the doctors working within it. They cannot bill anyone but the provider, not their patients.

You Snooze, You Lose

1. an expression which states that anyone will miss out on a great opportunity if they don't remain aware or open to communication. &..

Old China

1. Mate(s); Cockney Rhyming slang; shortened form of China Plates Was out with me old china and all got sixes and sevens . See friends, m..

Cascadia

1. An independent nation consisting of the former Canadian province of British Columbia, and the former American states of Washington, Oreg..

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