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ASSIGNMENT
DRIVE SUMMER
2016
PROGRAM Master
of Business Administration in Healthcare Services Management – MBA(HCS)
SEMESTER Semester
3
SUBJECT CODE & NAME MH0054 – Finance, Economics and Planning
in Healthcare Services
BOOK ID B1215
CREDITS 4
MARKS 60
Note – Answer all
questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Ques 1. Explain medical billing process in
healthcare organisations.
AnsBilling in
healthcare is the process of submitting and following up on claims to insurance
companies in order to receive payment for services rendered by a healthcare
provider. The same
Ques 2. Explain cost allocation in healthcare
organizations.
AnsCost Allocation
Healthcare
organizations, like any other organization, are required to set priorities and
allocate resources within the constraint of limited funding. Despite that, the
decision makers are sometimes not equipped enough to make clear rationing
decisions and hence have to often rely on
Ques 3. Throw light on the incentives available for
healthcare sector under the Income Tax Act.
AnsIncentives Available
to Healthcare Sector under the Income Tax Act Recognizing the critical role
played by the health Industry, the industry has been conferred with the
The basic
requirements ofhealthcare organisations and hospitals to ensure compliance with
theIncome Tax Act include:
Obtaining the PAN
Filing of returns
Payment of tax and advance tax
TDS
Ques 4. Explain budgeting techniques in healthcare
services.
AnsBudgeting Process for Healthcare Services
The
process of preparing a meaningful and useful budget is best undertaken as an
organised and structured group exercise. The budget process involves asking a
number of questions. These start
Ques 5. Explain different methods of evaluation of
healthcare services.
AnsMarginal analysis
This
is the one of simplest method of micro-economic evaluation. In this method,
there is no need to know the total exact costs or benefits of the various
services or treatments. It involves a comparison of the marginal costs and
benefits of the alternative services, and it leaves much to the judgements of
the decision-maker. It provides estimates of the implicationsof redeploying
resources within, to, or from a programme where alternative patterns of care
are possible. If
Ques 6. Explain the importance of healthcare
planning. Add a note of types of healthcare planning.
Ans The
Government is conscious of the need for dynamic Indian health planning and
management. Innovative healthcare and development programs are the need of the
hour. For this, major organizations like the National AIDS Control organization
have been established by
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