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.

Annoyingly Distant

1. a destination that is not quickly reachable by foot or bicycle; it almost requires the use of a car; most people will walk or take a bi..

Yadule

1. An Arabian milk man. Often delivers milk on his magic carpet. 1) "Oh gee-whiz am I thirsty, I could really do with some milk righ..

Fizzback

1. After rapid consumption of continental strengh fizzy lager the fizzback is a very real possibilty. The victim is suddenly overwhelmed by..

All you need for a faster workflow in one place.

Monopsony Edit Meaning