Answered: 1. Briefly explain The Information…

Business

Finance

1. Briefly explain The Information Flow.

Accounting Information Systems

10th Edition

ISBN:9781337619202

Author:Hall, James A.

Publisher:Hall, James A.

Chapter13: Systems Development And Program Change Activities

Section: Chapter Questions

Problem 8MCQ

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Question

1. Briefly explain The Information Flow.

2. How can social media help a hospital manage the patient experience?

3. Briefly explain the difference between short-term and long-term assets.

4. What are the major differences in Government Sourcesand Managed Care Source?

5. Explain the two types of disbursements for services.

6. What is the difference between direct and indirect costs? Explain.

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1. What are the four elements of financial management? 2. Briefly explain The Information Flow. 3. How can social media help a hospital manage the patient experience? 4. Briefly explain the difference between short-term and long-term assets. 5. What are the major differences in Government Sourcesand Managed Care Source? 6. Explain the two types of disbursements for services. 7. What is the difference between direct and indirect costs? Explain.
1. Cost shifting occurs when a provider responds to low reimbursement rates by public payers (e.g., Medicare or Medicaid) or uncompensated care provided to the uninsured by charging private payers—insurers, managed care companies, or private individuals—more. Essentially, hospitals and physicians try to compensate for providing care below costs to some patients by raising their charges to others. To be able to do so, they would have had to not be fully exploiting their market power in the first place. What is a classic example of this in the healthcare marketplace and how would you go about developing a remedy to reduce the unfair burden cost shifting places on certain payers?
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