Conclusion on the Eight Basic Ratios Used in Health Care

Q: ost effective care to patients?

A: In the United States, managed care or managed health care refers to a set of actions aimed at…

Q: Explain the foll

A: HMO (Health Maintenance Organization) A health maintenance organization (HMO) is a network or…

Q: Group of answer choices a. type of care

A: Grooming/personal hygiene, clothing, toileting/continence, transferring/ambulating, and eating are…

Q: What is a contractual adjustment? Choose the correct.a. An increase in a patient’s charges caused by…

A: Contractual adjustment is a reduction in patient service revenues caused by agreements with…

Q: Identify and briefly explain 3 types of insurance, citing applicable legslation and list 3 sources…

A: WHAT IS A INSURANCE-       In life, unplanned expenses area unit a bitter truth. Even once you…

Q: Which of the following statements regarding the Patient Protection and Affordable Care Act (ACA) is…

A: Patient Protection and Affordable Care Act:- On March 23, 2010, the first part of the comprehensive…

Q: Prepare the Receipts and Payment account of Sigma Hospital from the following information:

A: The receipt and payment account serves as an overview of an organization's cash receipts and…

Q: The Following is Receipts and Payments account of SMS Hospital. Prepare Income and Expenditure A/c…

A: The income and expenditure account is one that shows the surplus/deficit and is prepared by the…

Q: ____________________entities would consider portions of the AICPA Audit and Accounting Guide: Health…

A: The Answer :

Q: What financial

A: The balance sheet shows the firm's financial position as of reporting date and the Statement of…

Q: How much is the patient services revenue? How much is the operating revenue? How much is the total…

A: Patient revenue services includes charges for direct patient care such as doctor's fees,room…

Q: Have we made the payment structure of health care to complicated?

A: Health care providers are paid based on the quality of care they provide rather than…

Q: determine the level of measurement (nominal, ordinal, interval, ratio) for each of the variables…

A: The temperature of patient room in an extended care facility vary with a range and on a scale having…

Q: How does Medicare reimburse hospitals for inpatient stays?

A: Reimbursement of expenses is the process through which the out-of-pocket expenses are compensated by…

Q: a. Sharpe ratio b. Treynor ratio c. Information ratio d. Jensen’s alpha Discuss how to selecet…

A: Since you have posted a question with multiple sub-parts, we will explain the first three sub-parts…

Q: explain in detail canadian health care and fincacial planning

A: The answers, along with explanation,is provided below:

Q: 1. What is the difference between co-pay and coinsurance? a. They mean the same thing and used by…

A: 1. Difference between co-pay and coinsurance                To know the difference between copay and…

Q: Give the formula for computing a deduction for group health insuranc

A: Group health insurance policy can be defined as the policy which covers all employees of the…

Q: Select 3 of the following EDI transactions that are processed in the format established by the…

A: HIPAA sets the standardised formats to simplify the electronic exchange of financial and…

Q: What is a contractual adjustment? How does a health care organization account for a contractual…

A:

Q: Is it possible for one hospital to have an income and expenditure account whereas another has a…

A: Is it possible for one hospital to have an income and expenditure account whereas another has a…

Q: newer innovative health financin

A: Innovative financing can enable private investors to participate in health more quickly and bring…

Q: What are the rights provided by the general health insurance

A: Health insurance are very common now days due to increased risk of disease in  health insurance you…

Q: Give three examples of : Liabilities in a Healthcare organization (name the organization you are…

A: We know that Liabilities are of two types Current Liabilities: These are the liabilities which are…

Q: dentify four signs of overindebtedness.

A: A firm or individual is said to be in over-debts when its interest payment obligations are…

Q: nonfinancial performance measures

A: Nonfinancial performance measures are metrics used to measure the performance of an entity not…

Q: What have been the consequences of BC/BS conversion from not-for-profit to for-profit status in…

A: Consequences of BC/BS conversion form profit motive to non profit motive.   BC/BS an organisation…

Q: eived. a. amount charged

A: UCR costs are the rates that are usually levied or prevalent for health services in a certain…

Q: Please describe the importance of financial information in healthcare organizations and list the…

A: Healthcare organizations, contrary to popular belief, need and require financial information in…

Q: A Voluntary Health & Welfare NFP would include which of the following financial statements in its…

A: FASB 117 describes the FINANCIAL STATEMENTS OF NOT-FOR-PROFIT ORGANIZATIONS

Q: Patient 2 is charged 99204, 99213 and 97032. Deductible of $70 applies. Total charge.…

A: (“Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Fill in the blank. The following table contains select data concerning several outpatient clinics in…

A: Break-even analysis is a technique widely used by the production department. It helps to determine…

Q: With a DRG, Medicare pays for a hospitalization based on _____.     how long the patient was…

A: DRG ( diagnosis related group) : it is the patients classification system

Q: List and describe at least 5 stakeholders in the health care payer system.

A: Below are some of the stakeholders of the health care payer system. Pharmaceutical companies,…

Q: Which of he following stalements is CORRECT about benefits provided by a Basic Hospital and Surgical…

A: The answer for the multiple choice question and relevant explanation are presented hereunder : What…

Q: gal and regulatory issues shape and define the good financial management of an HCO?

A: Few developments in the structure of health care in the United States have sparked as much attention…

Q: Examples of health insurance offsets include all of the following, EXCEPT: a) Co-pays b)…

A: The question is based on the concept of health insurance and cover under the health policy.