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: Explain the difference between gross medical services revenue and net medical services revenue

A: Please find the answer to the above question below:

Q: Is delivery channel important in microfinance? Why

A: Finance is the study, management, and maintenance of money, funds, and investments and relates to…

Q: What are the performance measures of an insurance company?

A: Insurance is a contract in which an individual or business receives financial protection or…

Q: How to assess the financial condition of public hospitals. What financial indicators to use?

A: It is important for investors and internal management to assess the financial condition of public…

Q: mological services divided?

A: General Ophthalmological ServicesThere are two levels of general ophthalmologic services,…

Q: Think about the investment costs of advanced healthcare technology. What ethics theories can…

A: Investment in the advanced healthcare sector is required to introduce new and latest technology. The…

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: Describe the unique aspects of accounting for health care entities.

A: Accounting:   It refers to recording the financial transaction of an organization and presenting the…

Q: ne purpose of casualty policy’s condition section is to list the property that is to be covered…

A: Casualty policies are taken to prevent the the company from liabilities arising out of damage or…

Q: Why is a statement of functional expenses required of a voluntary health and welfare entity?

A: Expenses: Expenses are costs incurred for the operations of a business. The costs incurred for…

Q: Identify the factors that can influence the decision-making process when managing healthcare…

A: Healthcare funding is a broader term in relation to healthcare financing. It takes into account the…

Q: Outline the major remedies that are available to a creditor.

A: The Creditor is the person to whom anything is due by an organization & which balance appears in…

Q: The health care industry is changing. Differentiate among the major types of health care plans and…

A: Health insurance is defined as insurance that assists in covering a portion of or the entire risk of…

Q: Use the typical personal financial life cycle to present the; situation, financial needs and an…

A: The personal financial life cycle refers to the various stages individuals go through in their…

Q: How might the structure and roles of finance departments in different healthcare settings differ?…

A: The role of healthcare financial department in the health care settings are different in accordance…

Q: When is it appropriate to match the cost structure of a healthcare organization to its revenue…

A: The cost structure of the organization includes all tyoe of the costs such as fixed cost, variable…

Q: risk" factor

A: Risk is a term that shows the possibility of injury or loss to the health, business, vehicle, etc.…

Q: scuss insurance costs and unreimbursed losses

A: Defining and discussing  the terms, Insurance Cost and unreimbursed losses, both the terms are used…

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: 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: What’s are the advantages and disadvantages of a single Payer system of a national health insurance…

A: Due to uncertain factors, risk arises. To reduce or manage the risk and possibility of arises of…

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: ategies that a hospital must do to achieve financ

A: Financial health is necessary for any organization and this is very important to maintain and grow…

Q: Health maintenance organizations (HMOs) provide health care to participants without requiring them…

A: The statement is true. Health Maintenance Organizations (HMOs) are designed to provide comprehensive…

Q: Discuss the strengths and weakness of the Newer Innovative health financing mechanisms

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

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: 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 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: How can a patient benefit if the premiums paid are more than the cost of the medical care received?…

A: When deciding between individual and group health insurance, a patient should consider several…

Q: newer innovative health financin

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

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: 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: hat is the accounts receivable cycle? Why is this task especially important for healthcare…

A: Solution Concept Account receivable                 Account receivable is  a current asset and…

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: What is forecasting in a healthcare business. Provide an example of how forecasting is conducted in…

A: Forecasting in healthcare is a critical process because it allows organizations to anticipate and…

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: nonfinancial performance measures

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

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…