What is a third-party payor, and how does the presence of such payors affect the financial accounting of a health care entity?

Q: ost effective care to patients?

A: In the United States, managed care or managed health care refers to a set of actions aimed at…

Q: Group of answer choices a. type of care

A: Grooming/personal hygiene, clothing, toileting/continence, transferring/ambulating, and eating are…

Q: How does Medicare reimburse physician services?

A: Reimbursement is the process of paying back someone the expenses that they have incurred initially.…

Q: Explain the difference between gross medical services revenue and net medical services revenue

A: Please find the answer to the above question below:

Q: How to assess the financial condition of public hospitals. What financial indicators to use?

A: It is important for investors and internal management to assess the financial condition of public…

Q: In what ways are pension benefits and post-retirement healthcare different?

A: This is about In what ways are pension benefits and post-retirement healthcare different

Q: Describe the unique aspects of accounting for health care entities.

A: Accounting:   It refers to recording the financial transaction of an organization and presenting the…

Q: Define the key elements of prospective payment and its impact on health care at a facility.

A: A Prospective Payment System (PPS) is a reimbursement method in which a predetermined,fixed amount…

Q: All of the following statements correctly describe a Health Care Spending Account (HCSA), EXCEPT: O…

A: The concept of health care spending account is account for employee benefit.this account states that…

Q: When a company pays employee healthcare, that is usually considered what kind of activity? a.…

A: Cash activities related to net income are included in operating activities.Cash activities related…

Q: What are various costs of quality incurred by multispecialty hospital ?

A: The question is based on the concept of explaining the cost incurred to maintain quality in any…

Q: How might the structure and roles of finance departments in different healthcare settings differ?…

A: The role of healthcare financial department in the health care settings are different in accordance…

Q: ____________________entities would consider portions of the AICPA Audit and Accounting Guide: Health…

A: The Answer :

Q: What are the Key differences between Private Not-For-Profit and Government Health Care Providers?​

A: Business Organization: Business organization refers to the type of composition based on which a…

Q: IS' and IH' are income when sick and healthy, respectively, when covered with health insurance, Full…

A: Full insurance usually suitable for those companies and individuals with a highly risk-averse…

Q: When it comes to postretirement healthcare benefits, what are the primary distinctions between them…

A: The answer:

Q: Why is financial ratio analysis crucial for understanding the financial position of a healthcare…

A: Importance of financial ratios for understanding the financial position of a healthcare organization…

Q: How much is the patient services revenue? How much is the operating revenue? How much is the total…

A: Patient revenue services includes charges for direct patient care such as doctor's fees,room…

Q: Have we made the payment structure of health care to complicated?

A: Health care providers are paid based on the quality of care they provide rather than…

Q: What’s are the advantages and disadvantages of a single Payer system of a national health insurance…

A: Due to uncertain factors, risk arises. To reduce or manage the risk and possibility of arises of…

Q: How does Medicare reimburse hospitals for inpatient stays?

A: Reimbursement of expenses is the process through which the out-of-pocket expenses are compensated by…

Q: explain in detail canadian health care and fincacial planning

A: The answers, along with explanation,is provided below:

Q: insurance is relevant to the public an

A: Insurance is an agreement between two parties in which the insurer should pay money against which…

Q: How will you, as a health care manager, be engaged in the long-term finance of your organization?…

A: As a health manager, I'll be involved in long-term funding decisions for my organization, and I'll…

Q: What are two areas of public spending which directly impact an insurance company? What impact do…

A: Public Spending Public spending refers to money spent by a nation's government on things that the…

Q: Is it possible for one hospital to have an income and expenditure account whereas another has a…

A: Is it possible for one hospital to have an income and expenditure account whereas another has a…

Q: Medigap insurance is a government medical insuran needy.

A: Private insurance companies sell and administer Medicare supplemental insurance, or Medigap. They…

Q: What are the rights provided by the general health insurance

A: Health insurance are very common now days due to increased risk of disease in  health insurance you…

Q: nonfinancial performance measures

A: Nonfinancial performance measures are metrics used to measure the performance of an entity not…

Q: What have been the consequences of BC/BS conversion from not-for-profit to for-profit status in…

A: Consequences of BC/BS conversion form profit motive to non profit motive.   BC/BS an organisation…

Q: Please describe the importance of financial information in healthcare organizations and list the…

A: Healthcare organizations, contrary to popular belief, need and require financial information in…

Q: Compare and contrast the early historical accounting for postretirement health care and life…

A: Historical cost accounting is an important technique that records assets on a statement of financial…

Q: Suppose you were the financial manager of a not-for-profit business (a not-for-profit hospital).…

A: The objectives are many possible and broad some given are below.

Q: what is the dilemma faced by health care finance managers in light of the ultimate goals of health…

A: Solid financial performance is linked to a better patient-reported experience of treatment, which is…

Q: Identify the differences between pensions and postretirement healthcare benefits.

A: Both pension funds and post retirement healthcare benefits accrue to an employee after his/her…