With a DRG, Medicare pays for a hospitalization based on _____.     how long the patient was hospitalized     the diagnosis the patient was hospitalized to treat     how much the hospital did to treat the patient     how much the hospital spent caring for the patient.

Q: 3. What percentage of Mary’s income does she spend on health insurance

A: Here we have, Mary`s bi monthly income = $468Mary`s bi monthly health insurance =$26.54

Q: How can you encourage people to join health insurance scheme

A: Health insurance scheme is the scheme which is taken by an insured person for the coverage of health…

Q: What are various costs of quality incurred by multispecialty hospital ?

A: The question is based on the concept of explaining the cost incurred to maintain quality in any…

Q: what type of insurance would i need if i went to the hospital

A: Medical expenses mean those expenses which are incurred by the people for the medical treatment.

Q: What does COBRA status allow you to do? O apply for health insurance as an individual O add more…

A: COBRA stands for Consolidated Omnibus Budget Reconciliation Act.  is a health insurance program that…

Q: The following transactions are exempt from VAT, except:

A: Value-added tax is the consumption tax. It is levied at each stage of adding the value. The taxpayer…

Q: In the accounting for health care providers, what are third-party payors? Doctors who reduce fees…

A:

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: In the US, about 2/3 of individuals are covered by private health insurance, and most of the private…

A: Private health insurance is the insurance provided by private companies and not government…

Q: 61. Which of the following types of health care or- ganizations follow FASB statements?…

A: FASB stands for financial accounting standard borard. it is a US based brad that regulated and…

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: Suppose health-care reform Y makes it unlawful for insurance companies to deny insurance to persons…

A: In finance when health care related policies are implemented then a cost benefit analysis is done by…

Q: In the accounting for health care providers, what are third-party payors?a. Doctors who reduce fees…

A: Third party payor's: Insurance companies and other groups.

Q: 13. Life insurance is necessary because it can provide (among other things) the benefits. Which of…

A: A policyholder must pay a single payment up front or regular premiums over time in order for their…

Q: 7. 41 Develop a context diagram and level-0 diagram for the hospital pharmacy system described in…

A: Step1: Consider the following context diagram for hospital pharmacy system. We have,

Q: 2. Briefly explain the difference between short-term and long-term assets.

A: The first question is not related to finance, hence it is not answered.

Q: Chapter 15 Please remember that you must do your own work. Any plagiarism will result in a grade of…

A: Hey, since there are multiple questions posted, we will answer the first question. If you want any…

Q: 6. An individual falls from his horse and is injured. He is taken to hospital where he dies due to…

A: Insurance is a financial mechanism that protects an insured asset from any type of risk. There are…

Q: If I bill customer for patient services what is that called

A: If a customer is Billed for patient services, then the revenue will be called SERVICE REVENUE.

Q: What was the motivation for changing the way physicians are compensated in the Medicare system? What…

A: The motivation for changinh the way the Medicare system was compensating physicians was obviously…

Q: ns in the long-term care industry where there is currently or futuristically will be a shortage in…

A: The answer has been mentioned below

Q: A patient who has not paid a bill has come to the emergency room for medical treatment. While there,…

A: Situation  I- A patient has not paid the bill after availing medical service. Situation II -…

Q: provide

A: No one would have guessed that a virus-like Covid-19 would come and without differentiating, it will…

Q: Which is Idemenity Plan and which is Managed Care Plan? Insureds create contract with an insurer…

A: Only managing the funds, not about financial planning. Financial planning also includes the steps…

Q: Francis has the Standard Plan offere Office Visit to an in-network doctor How much would Francis be…

A: Payment refers to the process when an entity pays off in monetary value in exchange for buying…

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: 1. Briefly explain The Information Flow.

A: Since you have asked multiple questions, we will solve the first question for you. Please ask the…

Q: The risk of patients not paying their account balances resulting in bad debt expense is a reality…

A: Today, health care is very important concern in everyone's life .There are different types of…

Q: eived. a. amount charged

A: UCR costs are the rates that are usually levied or prevalent for health services in a certain…

Q: Which of the following are deductible medical expenses? Select all that apply. O Nonprescription…

A: Medical expense are the expenses incurred by a person for the well being of the health and related…

Q: 1. In your own words, explain why it's so important to have health insurance even if you're young…

A: It is properly said that wellbeing is riches. Changing way of life propensities, expansion in…

Q: medicaid is only for those under 65 who do not get Medicare? Can people have both Medicare and…

A: Medicaid is a way to get health care at a lower cost or sometimes at no cost to you. Medicaid is…

Q: 8. What is the difference between a copay and coinsurance? a. Copay is typically a percentage of the…

A: Health insurance is an agreement between insurer and insured where insurer is liable to pay for…

Q: gal and regulatory issues shape and define the good financial management of an HCO?

A: Few developments in the structure of health care in the United States have sparked as much attention…