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DRIVE-
Spring 2015
PROGRAM-
MBA (Sem 3), MBADS (Sem 3 / Sem 5), PGDHSMN (Sem 1)
SUBJECT
CODE & NAME- MH0054 – Finance, Economics and Planning in Healthcare
Services
BOOK
ID- B1215
CREDIT & MARKS-4 Credits, 60 marks
Q.1:
Discuss the importance of financial information in Healthcare Organisations.
Add a note on cost volume – profit analysis. 7,3
A
Importance of financial information in Healthcare Organisations
Cost
volume – profit analysis
Answer:
Importance
of financial information in Healthcare Organisations:
Healthcare organisations are
quite similar to most large business corporations. Running them efficiently
means putting in place of a Financial Information System (FIS) that operates
effectively on all levels, from individual departments to the
Q.2: Explain the
claims process in healthcare organisations.
Explaining the claim process for
cashless hospitalization and claim reimbursement
ANS:
Explaining
the claim process for cashless hospitalization and claim reimbursement:
Cashless hospitalisation
To avail cashless hospitalization
treatment at network hospitals:
Step
1: The insurance
company provides the list of network hospitals offering cashless facility for
treatment.
Step
2: The claimant
needs to produce the insurance healthcard at the hospital.
Step
3: Hospital
sends pre-authorization request with the treatment details; past history and
clinical notes along with estimate of hospitalization expense to the insurance
company‟s local office.
Step
4: The insurance
company issues a letter authorizing treatment to the Hospital the approved amount
upto the Sum Insured limits. The insurance company can also reject the
authorization in the following conditions
1.
Incomplete
information
2. Improper support of docu
Q.3:
Discuss the incentives available to healthcare sector under the Income Tax Act.
A
Explaining all the key incentives available for healthcare industry
Answer:
Explaining
all the key incentives available for healthcare industry
The key incentives available for
healthcare industry:
Uniform, concessional basic
duty of 5 per cent, (countervailing duty)CVD of 4 per cent with full exemption
from special additional duty prescribed on all medical equipments. A
concessional basic duty of 5 per cent is being prescribed
Q.4: Explain different methods of evaluation of
healthcare services.
Listing the different methods of
evaluation of healthcare services
Explanation of methods of
evaluation of healthcare services
ANS:
Listing the different
methods of evaluation of healthcare services:
1. Marginal analysis
2.
Cost-effectiveness
3.
Cost-benefits analysis
4.
Cost-utility analysis
Explanation of
methods of evaluation of healthcare services:
There are many methods to evaluate healthcare services, but the essentialand more important ones are discussed in subsequent
There are many methods to evaluate healthcare services, but the essentialand more important ones are discussed in subsequent
Q.5: Discuss the role of economics
and economists in healthcare.
A Role of economics
Role of economists
Answer:
Role of economics:
Most health-care-related issues
have an economic dimension to them. These issues include medical insurance
coverage, the overall demand for health care services, and prescription drug
prices. But the most important aspect is of proper allocation of resources,
which is perhaps the cause of all problems in healthcare. We have already
mentioned that economics deals with the problem of scarcity and unlimited
wants. Given scarcity, what is required is an efficient
Q.6: Explain the importance of healthcare
planning. Add a note of types of healthcare planning.
Importance of healthcare planning
Types of healthcare planning
ANS:
Importance of
healthcare planning:
Healthcare planning is done to
meet the health care needs of target population. There are a wide variety of
health care systems around the world. In some nations, the healthcare system
planning is distributed among market participants,
Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs
125/subject and rs 700/semester only.
if
urgent then call us on 08791490301, 08273413412
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