EBK HEALTHCARE FINANCE:  AN INTRODUCTIO
EBK HEALTHCARE FINANCE: AN INTRODUCTIO
6th Edition
ISBN: 9781567938111
Author: Gapenski
Publisher: VST
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Chapter 2, Problem 2.7Q

a.

To determine

To describe: Provider incentive under cost-based reimbursement system.

b.

To determine

To describe: Provider incentive under charge-based reimbursement system.

c.

To determine

To describe: Provider incentive under per procedure reimbursement system.

d.

To determine

To describe: Provider incentive under per diagnosis reimbursement system.

e.

To determine

To describe: Provider incentive under per diem reimbursement system.

f.

To determine

To describe: Provider incentive under bundled reimbursement system.

g.

To determine

To describe: Provider incentive under capitation reimbursement system.

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Q1: Blossom is 30 years old. She plans on retiring in 25 years, at the age of 55. She believes she will live until she is 105.   In order to live comfortably, she needs a substantial retirement income. She wants to receive a weekly income of $5,000 during retirement. The payments will be made at the beginning of each week during her retirement.    Also, Blossom has pledged to make an annual donation to her favorite charity during her retirement. The payments will be made at the end of each year. There will be a total of 50 annual payments to the charity. The first annual payment will be for $20,000. Blossom wants the annual payments to increase by 3% per year. The payments will end when she dies.   In addition, she would like to establish a scholarship at Toronto Metropolitan University. The first payment would be $80,000 and would be made 3 years after she retires. Thereafter, the scholarship payments will be made every year. She wants the payments to continue after her death,…
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