what are the primary cost saving features of a managed care plan?

Q: Define Prior service cost.

A:

Q: compensation in commodatum.

A: Commodatum is nothing but a roman law which states that commodatum is an agreement which is a type…

Q: What are the benefits of Payback Screening?

A: The business has multiple options to invest in. It is vital to opt for the correct option of…

Q: Explain the difference between defined-benefit and defined-contribution plans?

A: Solution:- Pension plans are to provide a security to the retiring employees after their retirement.…

Q: Outline the measures used to describe possible loss accurately?

A: The success of a business depends on how accurately they predict future profit or loss arriving…

Q: mological services divided?

A: General Ophthalmological ServicesThere are two levels of general ophthalmologic services,…

Q: Distinguish between program service expenses and supporting service expenses.

A: A nonprofit organization’s expenses can be classified into two types, they are expenses for program…

Q: Explain the charactristics

A: It is identified that many of the criteria given in the Table I can be met simultaneously. For…

Q: What are the benefits and costs of renovation?

A: Introduction: Renovation is the improvement process in which upgrades and repair of the property are…

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: 13 How do these cost-saving steategies enhance quality of care?

A: Cost saving strategies is a process of cost reduction of products, It is used by many companies and…

Q: When is slicing and dicing a suitable OLAP tool? Give an example.

A: Here Is The Answer

Q: Define the term Quality Improvement?

A: Quality improvement is a component of quality management.

Q: Describe the method of Payback Screening?

A: Answer: The company has several investment opportunities. It is vital that you opt for the right…

Q: Explain the benefits of postretirement.

A: Post-retirement benefits may include life insurance  and medical plans, or premiums for such…

Q: Define defined benefit plan

A: A defined-benefit plan is a business supported retirement plan in which representative advantages…

Q: Why is there a cost associated with reinvestedearnings?

A: There is some adaptability in the measure of funds that will be created from new reinvested earnings…

Q: What is the meaning of margin of safety?

A:

Q: In what way is compensation similar to payment? Explain each by giving examples or cases that you…

A: Compensation :  It a payment given in exchange of services.  It is a form of a payment. It can only…

Q: Define sacrificing ratio.

A: Definition of Sacrificing Ratio:Sacrificing ratio is the ratio where the old partner give their…

Q: Differentiate between planned and unplanned retention and give examples of each

A: DIFFERENTIATION BETWEEN PLANNED AND UNPLANNED RETENTION S.NO PLANNED RETENTION…

Q: When would slicing and dicing be an appropriate OLAP tool? Give an example.

A: Multidimensional Database:  MDB refers to a form of database which is developed for OLAP (online…

Q: Determine the equivalent net benefits?

A: We can determine the equivalent net benefits by subtracting total costs from total benefits. Total…

Q: What is the payback screening?

A: Payback method: Payback period is the expected time period which is required to recover the cost of…

Q: Distinguish betwenn program service expenses and supporting service expenses.

A: Expenditures related to the public services offered by the NFP are referred to as program service…

Q: What is important for a MACRS to consider at the time of disposal?

A: MACRS stands for Modified Accelerated Cost Recovery System. These are the regulations of…

Q: What do the comparison of alternatives with unequal service livesrequire?

A: Present worth means discounting the future cash flows at the interest rate. The calculation of the…

Q: Define commitment fee

A: In financial terms, commitment is a promise made by lender to borrower to provide loan by specific…

Q: What is immunized?

A: Immunization is concept which states that the change in interest rates will not affect the value of…

Q: How can we identify the sponsor's costs and quantify them?

A: Sponsorship cost: Many times firms and individuals pay either a part of the entire amount of expense…

Q: Explain Handling Unequal Service Lives?

A: The two projects compared has unequal project lives. Such projects are handled by two…

Q: How does conformance quality differ from design quality? Explain.

A: Total quality management: Total quality management is a method that eliminates wasteful activities…

Q: What is the difference between a contribution- and a benefit-orientedretirement plan?

A: Defined contribution plan is a retirement plan which gives an option for the employees to grow tax…

Q: Name two items classified as prevention costs.

A:

Q: dict future cost and profitability? How can CVP analysis be used in a hospital setting?

A: The main tools used for a CVP analysis hospital are Break even analysis Contribution margin…

Q: possible is reflected proaches to program Active treatment

A: The answer has been mentioned below.

Q: Define defined contribution plan

A: A defined-contribution (DC) plan is a retirement plan that lets an employee to contribute a fixed…

Q: For the child-care company, do you see any speculative or opportunity risks? Explain.

A: Child day care is the a place multiple children are handled and managed at a time. Children play and…

Q: briefly discuss the features of your chosen coting system?

A: The three features of the costing system are, 1. The cost of accumulation method: Job-costing, and…

Q: Explain recapitalization

A: No business entity whether sole proprietorship or partnership or company operates on the same…

Q: What are program services expenses?

A: Non-Profit Organization is legal entity formed to serve the welfare for the people & society. It…

Q: Types of cost for quality are : (a ) Appraisal Cost (b ) Prevention Cost (c ) Appraisal Cost  (d…

A: Answer: The cost of quality is the cost that is incurred to maintain the cost of product. Types of…

Q: How does Average Length of Stay affect the revenue cycle in a long-term care facility?

A: Revenue Cycle Management (RCM) refers to the process of identifying, retrieving, and managing…