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ASSIGNMENT
DRIVE Spring
2017
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 process is used for most insurance companies, whether they
are private companies or government-
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
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
infrastructure status under section 10(23G) of the Income Act.
The
Indian Health
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 with plans and goals, not numbers.
Step 1:
Quest 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 implications of redeploying
resources within, to,
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 the Health Ministry.
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