Homework Answers
Fee-for-service
- Once a cost reduction project is established, the initial action should be to identify the key cost drivers and accumulate cost data associated to each fee for service.
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Which is the smallest level of cost that should be analyzed when beginning a cost reduction...
what benefits and cost should be analyzed on deciding the proper safety stock level
what benefits and cost should be analyzed on deciding the proper safety stock level
Problem 5 Which statement is FALSE about the methods of hospital payment? A. In per diem,...
Problem 5 Which statement is FALSE about the methods of hospital payment? A. In per diem, the insurer is at not risk for the number of services B. In the past, insurance companies made fee-for-service payments to C. With capitation payment, hospitals are at risk for admissions, the D. With DGR, Medicare is at risk with the number of admissions performed on any given day private hospitals based on the principle of "reasonable cost." length of stay, and the resources...
hi i need help with those homework questions please help me with it be clear Question...
hi
i need help with those homework questions please help me with it be
clear
Question 5 1 pts Which payment model reimburses organizations and/or providers based upon the number of days treatment was given? Per diem Capitation Salary Fee-for-service Question 6 1 pts What does the term prospective mean? It is when the reimbursement amount for a service or group of services are set in advance It means that patient's have to call their insurance company ahead of their...
Which product/service type should be used when setting up products sold by a company that uses...
Which product/service type should be used when setting up products sold by a company that uses a perpetual inventory system? Select one: A. Product B. Non-inventory part C. Service D. Inventory part When preparing a bank deposit which of the following is a best practice? Select one: a. Group all customer payments with the same payment method together in one deposit b. Group customer payments with the payment method of checks and credit card payments in one deposit and group...
When evaluating whether a currently used machine should be replaced and when the initial cost of...
When evaluating whether a currently used machine should be replaced and when the initial cost of acquiring the existing machine (the defender) Select one a. needs to be included with a negative sign, without any discounting, in calculating the present worth of the decision to replace. b. should be forwarded to the future worth as of the current year and included in the project's cash flows. should not be included among the cash flows relevant for making the decision whether...
4. KEY TERMS Multiple Choice Circle the letter of the choice that best matches the definition...
4. KEY TERMS Multiple Choice Circle the letter of the choice that best matches the definition or answers the question 1. A list of the medical services covered by an insurance policy C. Noncovered services D. Fee-for-service A. Health care claim B. Schedule of benefits 2. Health plans are often referred to as: C. Providers D. Payers A. Policyholders B. Subscribers managed care network of providers under contract to provide services at discounted fees. A. Health Maintenance Organization (HMO) B....
What of the following may best describe the key driver for buyers? a. Buyers should be...
What of the following may best describe the key driver for buyers? a. Buyers should be professional. b. Buyers should be ‘service-driven’. c. Buyers should be aggressive negotiators. d. Buyers should be objective. Service Level Agreement (SLA) payments to suppliers are commonly based on which of the following? a. Actual performance versus targeted performance. b. Number of complaints. c. Targeted performance. d. Actual performance. Which of the following could be a consequence of competence problems and friction between the buyer...
When preparing a bank deposit which of the following is a best practice? Select one: a....
When preparing a bank deposit which of the following is a best practice? Select one: a. Group all customer payments with the same payment method together in one deposit b. Group customer payments with the payment method of checks and credit card payments in one deposit and group all the cash payment methods in a separate deposit c. Deposit all customer payments one at a time using the Bank Deposit form d. Leave payments in the undeposited funds account To...
(Click to select) economies of scale a. Long-run average total cost falls as the firm realize: rises when the firm...
(Click to select) economies of scale a. Long-run average total cost falls as the firm realize: rises when the firm experiences [ (Click to select) diseconomies of scale diminishing marginal returns increasing marginal returns b. The minimum efficient scale is the level of output produced by the smallest firm in the industry. smallest level of output at which a firm can produce. only level of output where long-run average total costs are minimized. smallest level of output needed to attain...
1. Which of the following contributes to high hcalth care cost? a. Growth of technology b....
1. Which of the following contributes to high hcalth care cost? a. Growth of technology b. Uniform practice standards c. Alternative model of healthcare d. Single payer insurance 2. All statcs provide the same bcnefits for thcir Mcdicaid paticncc. (Truc or falsc) 3. The market justice thcory is linked to single playcr (i.s senator sanders) hcalth insurance (True or false) 4. Mcdicaid offers better than CHIP to foster children becausc a. because more health care providers accept Medicaid than CHIP...
Problem 5 Which statement is FALSE about the methods of hospital payment? A. In per diem, the insurer is at not risk for the number of services B. In the past, insurance companies made fee-for-service payments to C. With capitation payment, hospitals are at risk for admissions, the D. With DGR, Medicare is at risk with the number of admissions performed on any given day private hospitals based on the principle of "reasonable cost." length of stay, and the resources...
hi
i need help with those homework questions please help me with it be
clear
Question 5 1 pts Which payment model reimburses organizations and/or providers based upon the number of days treatment was given? Per diem Capitation Salary Fee-for-service Question 6 1 pts What does the term prospective mean? It is when the reimbursement amount for a service or group of services are set in advance It means that patient's have to call their insurance company ahead of their...
When evaluating whether a currently used machine should be replaced and when the initial cost of acquiring the existing machine (the defender) Select one a. needs to be included with a negative sign, without any discounting, in calculating the present worth of the decision to replace. b. should be forwarded to the future worth as of the current year and included in the project's cash flows. should not be included among the cash flows relevant for making the decision whether...
4. KEY TERMS Multiple Choice Circle the letter of the choice that best matches the definition or answers the question 1. A list of the medical services covered by an insurance policy C. Noncovered services D. Fee-for-service A. Health care claim B. Schedule of benefits 2. Health plans are often referred to as: C. Providers D. Payers A. Policyholders B. Subscribers managed care network of providers under contract to provide services at discounted fees. A. Health Maintenance Organization (HMO) B....
(Click to select) economies of scale a. Long-run average total cost falls as the firm realize: rises when the firm experiences [ (Click to select) diseconomies of scale diminishing marginal returns increasing marginal returns b. The minimum efficient scale is the level of output produced by the smallest firm in the industry. smallest level of output at which a firm can produce. only level of output where long-run average total costs are minimized. smallest level of output needed to attain...
1. Which of the following contributes to high hcalth care cost? a. Growth of technology b. Uniform practice standards c. Alternative model of healthcare d. Single payer insurance 2. All statcs provide the same bcnefits for thcir Mcdicaid paticncc. (Truc or falsc) 3. The market justice thcory is linked to single playcr (i.s senator sanders) hcalth insurance (True or false) 4. Mcdicaid offers better than CHIP to foster children becausc a. because more health care providers accept Medicaid than CHIP...
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