If the indigent patient is discharged from the hospital and dialysis treatment is terminated, the patient will become toxic and experience severe physical consequences, even death. However, if the patient is kept in the hospital for purposes of dialysis treatment only, the hospital must assume the burden of the patient's debt, without revenue to cover the associated cost. What are alternative solutions?
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If the indigent patient is discharged from the hospital and dialysis treatment is terminated, the patient will become toxic and experience severe physical consequences, even death. However, if the patient is kept in the hospital for purposes of dialysis treatment only, the hospital must assume the burden of the patient's debt, without revenue to cover the associated cost. What are alternative solutions?
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- Imagine 5 different events that would cause losses that would be covered by renter's insurance. Write a one-sentence description of each event and a description and estimate of the amount of losses that would result if you experienced the event.Consider the following scenario: A sales representative from a textbook publisher calls on your professor to try to get him or her to adopt a new textbook. Is it okay for the professor to accept a free lunch from a publisher’s sales representative? If it is okay for a professor to accept a free lunch, what about a free game of golf? What about a free set of golf clubs after the game?Suppose that a car-rental agency offers insurance for a week that costs $100. A minor fender bender will cost $3500, whereas a major accident might cost $16,000 in repairs. Without the insurance, you would be personally liable for any damages. What should you do? Clearly, there are two decision alternatives: take the insurance, or do not take the insurance. The uncertain consequences, or events that might occur, are that you would not be involved in an accident, that you would be involved ina fender bender, or that you would be involved in a major accident. Develop a payoff table for this situation. What decision should you make using each of the following strategies?a) aggressive strategyb) conservative strategyc) opportunity-loss strategy
- Paul is the owner of a sport store that specialises in extreme sports such as paragliding and wakeboarding. To entice customers to spend more he has recently launched store credit, subject to approval. Which one of the following is a cost of granting credit that Paul must be aware of? Select one: a. Loss of interest b. Insurance cost c. The loss of customer goodwill d. Loss of flexibilityYou drive a 4 year old truck valued at $15,000. You have a $70,000 personal automobile policy with $12,000 per-person medical payments coverage and both collision ($500 deductible) and comprehensive coverage. Your neighbor drives a five-year old SUV valued at $10,000. Your neighbor has a 25/50/15 automobile policy with $15,000 in medical payments coverage and both collision ($200 deductible) Early one morning your neighbor was driving down the street while you were driving the opposite way to drop your friend off at her house and your neighbor swerved into your lane and struck your vehicle. Below you will find the damage caused by the accident:Your Bodily Injury: $7,000Your Friend’s Bodily Injury: $25,000Your Car: $8,500Neighbor’s Bodily Injury: $3,000Neighbors Car: $9,000Using the information above, find the following:a) How much will your policy pay for your bodily injury? blank1 - Numeric Answer Please type your answer to submit b) How much will your policy pay for your…An insured has a homeowners policy and requires her to be a member of the homeowners association in her neighborhood. The association's community house has burned down, and the insured has been assessed $1,200 for her share of the rebuilding cost. How much of the assessment will the homeowners policy pay? A O None BO $500 CO $1,000 DO $1,200
- Operational risk is risk encompasses anything from human error, employee error, and third-party error. what's their function? The most difficult to handle is?Assume that a company is considering buying a new piece of equipment for $240,000 that would have a useful life of five years and no salvage value. The equipment would generate the following estimated annual revenues and expenses: Commissions Insurance Revenues $ 112,400 Less operating expenses: $ 15,000 5,000 48,000 30,000 98,000 $ 14,400 Depreciation Maintenance Net operating income Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. The internal rate of return for this investment is closest toYou are working as a Project Manager in a construction company. Due to the impact of COVID-19, inflation and the economic downturn, the cost of the project had increased significantly, including the material and worker cost. The company had requested you to study on the possibility of applying for Variation Order from the client. Determine and explain any possible effect to the company should you fail in getting the Variation Order. You can use scenario to enhance your explanation.
- You are in your new job as the Chief Financial Officer for a hospital that is struggling with patient collections and you may have to recommend staff reductions to keep the hospital solvent, what ways would you use to boost collection of patient financial responsibility and what would you do if the patient still cannot pay?Explanation of Benefits (EOB) or Remittance Advice – In many cases these terms are used interchangeably; however, they are different. The Explanation of Benefits is sent to a patient that explains how the insurance processed their services rendered, what was paid or not paid to the provider, and what the patient owes. The Remittance Advice provides information to the healthcare facility or office on whether they need to appeal the claims processing or accept the processing as received. Review the Explanation of Benefits (EOB) from Cigna and CMSThere are certain subjects that Mr. Peter must consider when negotiating with his supplier. Explain any four subjects Mr. Peter must discuss with his supplier. Note, you are required to There are certain subjects that Mr. Peter must consider when negotiating with his supplier. Explain any four subjects Mr. Peter must discuss with his supplier. Note, you are required to paraphrase the relevant theory before you apply it to the scenario. paraphrase the relevant theory before you apply it to the scenario.