Poly Medica Case Study

We put $500,000 towards television advertising, and $700,000 towards magazine advertising. We assumed that newspaper advertising was unnecessary and less effective opposed to television and magazine advertising. Next, we decreased public relations expenditure from $500,000 to $320,000. Like advertising, we put more money towards magazines and television than newspaper. In television, we spent $125,000 and $195,000 in magazines. By following the scenario information, our company believed it was best to spend our money according to the suggestions and preferences that were stated in order to meet market demand.

Partners HealthCare is a non-profit, health system located in Boston that created a data based transformation (Davenport, 2013). It integrated a new system that aligned the participating organizations to cohesively run as one and to help shape the future of the organization. The system didn’t stop there as it was responsible for bettering the patient financing experience and the delivery of healthcare information to other organizations (Davenport, 2013). The initial goal of the organization was making patient care more affordable and accountable by providing integrated, evidence based, patient-oriented care.

balance sheet and income statement (Yes.  Accounts receivable will be on the balance sheet and the advertising expenses on the income statement)

The cost of the 30-second commercial ($2,000,000) is capitalized (treated as an asset) until the ad airs for the first time and will be amortized over future periods. Advertising costs are expensed when the related revenue is recognized which will be the first appearance of the ad in direct-response advertising. The company 's obligation for advertising expenditures it will make subsequent to recognizing

The competitive nature of business resulted in the imaginative use of advertisements. They could incorporate items, events and people that resonated well with their target market to boost sales. This led to the rethink and expansion of the advertising industry. It now consists of the businesses that need to advertise, agencies that create them; involving visualizes, designers, production managers, researchers and actors, and the media that transmits the adverts. A sizeable portion of many businesses’ funds is

The first would be that instead of capitalizing the $210,000 to set up displays to promote the line, these displays could have been recorded as an Advertising Expense. One of the IFRS criteria for something to be considered an asset is that the benefit must be reasonably measurable. When it comes to anything done for the purpose of advertisement or promotion, it is hard to measure the benefit and that is why this cost could have been expensed rather than capitalized. However, by recording this event as an expense this would mean that Athina’s net income would have been overstated by $210,000 and that is an undesirable outcome for the national chain.

The Basic Health program could be structure in several ways. It could expand programs such as Medicaid and CHIP and contract with managed care plans on behalf of its Medicaid and CHIP beneficiaries outside the private insurance market. These changes would allow both programs to continue as a "separate program with a separate financing mechanism and risk pool from that of Medicaid and CHIP, but would leverage the state's existing infrastructure for information technology, contracting, rate setting, and other function" (Angeles, 2012). Alternatively, a state could expand the Medicaid managed care by increasing the number and types of service through different network of providers, other than those that serve Medicaid and CHIP beneficiaries (Angeles,

2 Certain persons in Florida are eligible for Medicaid. Please post a synopsis of this program. Be sure to include the following:

I sent the forms to the member on 06/06/2016 as per request but she doesn’t want to fill them out. She went to the Medicaid office (115 Chrystie St., NY, NY 10002) on Wednesday June 8,2016 and they informed that her case is being handle and not further documentation is needed. Medicaid Office gave this case # 0237738221E. That’s the reason why she doesn’t want to fill out further documentation.

Beginning with advertising, promotional, and selling expenses, these have totaled to be $250,696, $273,629, and $244,213 in 2014, 2015, and 2016, in thousands respectively. There are many components included within this genre of expenses. The fixed costs would encompass media advertising, sales and marketing expenses, as well as salary and benefit expenses. When it comes to directly categorizing advertising, knowing which stage the company is in regards to budgeting or accruing the expense throughout the year depends on whether it is fixed or variable. Having a

Medical Practice Initiative. One of the main drivers of the Medical Practice Initiative (MPI), aside from patient safety, is the acquisition, maintenance, and minimization of cognitive and psychomotor skill decay of healthcare personnel. A primary focus is maintenance of military and medical skills throughout a caregiver’s career (7). There is some crossover between the CCTI and the MPI as both apply to healthcare providers, but the MPI is more closely tied to Role 3 through Role 5 skills and procedures as well as common skills and procedures performed by non-military healthcare providers during routine care delivery.

As the industry continues to move away from some of the Medicare programs that were created during the Obama presidency,  the Centers for Medicare & Medicaid Services (CMS) is also pulling away from specific value-based initiatives, such as mandatory bundled payments. The CMS officially canceled two of the models that were included in the Bundled Payments for Care Improvement (BPCI) Initiative.

The metropolitan classification program is used to determine home mortgage loans, loyalty pay program and varying policies within the Medicare program. The geographic established boundaries of a metropolitan area are representative of that area’s marketplace. Property data collected from the area is reported to bank regulators who will use the data to evaluate lending performance. The data collected could potentially cause bank regulators to consider altering lending practices to suit the area.

To qualify for Medi-Cal, an applicant must be 65 years old and above, disabled, blind or under 21 years of age, according to California Department of Health Care Service (CDHCS). Pregnant women also qualify for this plan.

Advertising expense is another form of liability incurred by the company. These expenses are accounted for in the period of production.