Spring-2015
Get solved
assignments at nominal price of Rs.120 each.
09882651000, 08894387490
Master of
Business Administration- MBA Semester 3
MH0054–Finance,
Economics and Planning in Healthcare-4 Credits
(Book ID:
B1215)
Assignment (60 Marks)
Note: Answer
all questions must be written within 300 to 400 words each. Each Question carries
10 marks 6 X 10=60
Q1. Discuss the importance of
financial information in Healthcare Organisations. Add a note on cost volume –
profit analysis.
Answer. Importance of financial information in
Healthcare Organisations:
Managing the
finances of any health care business nowadays is like driving a car with foggy
windows. The industry has been changing in big ways since long before the
Affordable Care Act took effect. Medicare's coding system for billing and the
advent of electronic medical records are examples of these changes. Financial
management in health care requires exceptional skill.
Meeting
Different Financial Goals
Business
strategies and financial management are intertwined. In 2013, hospitals were
buying up neighboring physician practices. Doctors who sell their practices
become employees of the hospital, and the hospital becomes a regional hospital
system. That way, the hospital builds a larger and steadier payment stream: It
Q2. Describe the claims process in
healthcare organisations.
Answer. Accenture Health helps clients transform claims
processing with new efficiencies, sustaining cost reductions and improving
service levels.
Claims
Processing:
1. Health
information exchange:` How does information governance help healthcare
organizations make the most of their e-health investment? This Accenture
Institute for Health & Public Service Value paper offers health
professionals an exploration of a holistic framework based on successful
e-health implementations. By addressing the interrelated disciplines of data
privacy, confidentiality, security, quality and integrity, organizations can
design more effective information governance architectures. This helps them
fully realize the clinical and administrative benefits of e health by meeting
institutional, physician, patient and legislative and regulatory requirements
that are common barriers to success.
Q3. Discuss the incentives available
to healthcare sector under the Income Tax Act.
Answer. INCENTIVES UNDER THE INCOME TAX ACT,
1967
1. A.
OPERATIONAL HEADQUARTERS (OHQ)
An OHQ
generally refers to a company that provides support services to its offices
correlated companies regionally and globally.
Q4. Explain different methods of
evaluation of healthcare services.
Answer. Health Care Evaluation: Study design
for assessing effectiveness, efficiency and acceptability of services including
measures of structure, process, service quality, and outcome of health care.
Steps in designing an evaluation
Firstly it
is important to decide which dimensions are to be evaluated? – inputs, process,
outputs, outcomes, efficiency etc. Objectives for the evaluation itself should
be set (remember SMART) -
Q5.
Discuss the role of economics and economists in healthcare.
Answer. Health economics is a branch of
economics concerned with issues related to efficiency, effectiveness, value and
behavior in the production and consumption of health and health care. In broad
terms, health economists study the functioning of health care systems and
health-affecting behaviors such as smoking.
A seminal
1963 article by Kenneth Arrow, often credited with giving rise to health
economics as a discipline, drew conceptual distinctions between health and
other goods. Factors that distinguish health economics from other areas include
extensive government intervention, intractable uncertainty in several
dimensions,
Q6. Describe the importance of
healthcare planning. Add a note of types of healthcare planning.
Answer. Health care (or healthcare) is the diagnosis,
treatment, and prevention of disease, illness, injury, and other physical and
mental impairments in human beings. Health care is delivered by practitioners
in allied health, dentistry, midwifery (obstetrics), medicine, nursing,
optometry, pharmacy, psychology and other health professions. It refers to the
work done in providing primary care, secondary care, and tertiary care, as well
as in public health.
Health care
is conventionally regarded as an important determinant in promoting the general
physical and mental health and well-being of
Spring-2015
Get solved
assignments at nominal price of Rs.120 each.
09882651000, 08894387490
No comments:
Post a Comment