Define the key elements of prospective payment and its impact on health care at a facility.

Q: What is the importance of ratio analysis? What are the four main categories? How would a health care…

A: Financial ratios are based on the mathematical relationship between two financial line items.   For…

Q: ported by hospitals, and what measure of charity care are hospitals required to disclose in the…

A: In return for providing charity care and other community services, hospitals can apply for nonprofit…

Q: 4a Describe the resource-based relative value scale payment method used by Medicare to reimburse…

A: The Centers for Medicare & Medicaid Services (CMS) and the majority of other payers implement…

Q: 8- Patient rights and privacy:

A: Patient rights and privacy in health insurance are crucial components of healthcare systems, aiming…

Q: What is a third-party payor, and how does the presence of such payors affect the financial…

A: Third party payor in healthcare entities is the payer, insurance company  or health agency not…

Q: Explain and justify how the budget will be used in the personal protective quipment and hazard pay…

A: A budget is basically setting up a finance limit of expenses towards a specific area.A budget can be…

Q: describe the components that make up a billing compliance plan and its role in a healthcare audit.

A: Healthcare businesses can use a compliance programme to avoid, identify, report, and respond to…

Q: What financial

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

Q: What is the purpose of emergency fund?

A: Emergency Fund: An emergency fund is a vital corpus that must be set up in case of unforeseen…

Q: The duties of an agent when filling out an application include all of the following EXCEPT:    A:…

A: Ans: (b)  Help the insured make up creative answers to stretch the truth about a past health issue…

Q: Differentiate between the contract and concept of Takaful and Conventional Insurance

A: Insurance refers to the contract in which the insurer provides the risk protection facility to the…

Q: What is the expenses for implementing hazard and other benefits to medical workers during the…

A: During the pandemic situation the business organisation will have less expenses for employees…

Q: Recognize the difference between a medical issue and its symptom. Give an illustration of what I…

A: Identifying the Issue: Finding errors and omissions in accounting records is a process known as…

Q: Discuss how the performance and effectiveness of the board can be assessed.

A: As the performance of each employee in the organization is evaluated and analyzed time to time, it…

Q: What is the relevance of the nurse to the decision making of an entity?

A: Acute care nursing decision-making necessitates the consideration of numerous complex aspects.

Q: Define and describe five different accounting authorities that the health care finance team should…

A: Answer: There are five different types of accounting authorities that the healthcare finance team…

Q: ability Act (HIPAA), which of the following plans does NOT qualify as creditable coverage? rice

A: The question mentions what is included in HIPPA compliance

Q: How should recommendations and suggestions by a covered member to a client be handled?

A: Auditing means the inspection of financial accounts of the company to determine if the records are…

Q: Identify the process of Recovery Audit Contractors and discuss its impact on healthcare…

A: Recovery Audit Contractors The main obligation of Recovery Audit Contractors to identified the fault…

Q: Conclusion on the Eight Basic Ratios Used in Health Care

A:

Q: Describe the differences between input and output in healthcare budgeting.Explain it? Asap

A: Input and output budgeting: This type of budget shows cost estimates and funding levels as input and…

Q: explain in detail canadian health care and fincacial planning

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

Q: ways to increased health insurance coverage among the workforce

A: Health Insurance Coverage are the legal contracts in which the holder of the health insurance cover…

Q: Give typing answer with explanation and conclusion to all parts Though limited, which of the…

A: Medicare is a federal health insurance program in the United States that provides coverage for…

Q: What are the four areas in which the federal law mandated changes in the protection of health…

A: Federal law can be defined as a body of law that is designed by the federal government of a country.…

Q: Insuring clause in an Accident & Health policy states which of the following information? A. The…

A: There are different clause in the insurance policy that what is covered and what is not covered and…

Q: Define a "new patient" according to the CPT manual.

A: CPT manual is Current procedural terminology.

Q: Difference between the traditional health financing mechanisms and the newer traditional mechanisms

A: Traditional health financing mechanisms and newer innovative mechanisms play crucial roles in…

Q: Distinguish among the following types of operational audits: Functional, Organisational and Special…

A: Functional : It means typically the activities a business such as operational production or…

Q: A type of managed care program in which the employer negotiates with health care providers, usually…

A: Organization -An organization is a group of people who work together to achieve specific goals. It…

Q: Differentiate between a private placement and apublic offering.

A: Private placement is sale of debt or securities between a company & selected number of…

Q: The insurance Commissioner must approve which of the following types of insurance rates prior to…

A: An insurance is defined as the method of the risk management with the regard to one's properties or…

Q: Explain the relationship between substantive tests of transactionsfor the acquisition and payment…

A:

Q: A nonprofit hospitals revenues and expenses are reported on its statement of activities TRUE or…

A: Non-profit organisation , here in the question hospitals , are the organisation which are not driven…

Q: nonfinancial performance measures

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

Q: An advance health directive that allows a person to control what medical treatment he or she may…

A: In this question we need to choose the correct answer from the options given for the given…

Q: Indicate whether each statement is true or false, and justify your answer.The results of any CEA…

A: Cost Effective Analysis is the analysis where comparison between the total cost with the expected…

Q: Write down the importance of time value of money for healthcare organization.

A: TVM is the concept which states that worth of money today is more than its worth in the future.

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: The Director of Insurance has the power to. make reasonable insurance rules and regulations…

A: Insurance means a contract between two parties in which one party bears the risk of the other party…