Chapter 1, Short Answer
Explain whether you agree or disagree with the following comments: “It always puzzles me why the cost of healthcare is such a big issue. Aren’t about 60% of our hospitals not-for-profit? That means that about 60% of the healthcare needs out there are being satisfied free of charge through charitable organizations.”
Textbook Question 2.7 Describe the provider incentives under each of the following reimbursement methods:
a. Cost based
b. Charge based (including discounted charges)
c. Per procedure
d. Per diagnosis
e. Per diem
f. Bundled payment
g. Capitation
Textbook Question Question – 1.10
a. What is the primary goal of investor-owned corporations?
b. What is the primary goal of most not-for-profit healthcare corporations?
c. Are there substantial differences between the finance goals of investor-owned and not-for-profit corporations? Explain.
Reference
Louis Gapenski. (2016). Healthcare Finance: An Introduction to Accounting and Financial Management, Sixth Edition: Vol. Sixth edition. Health Administration Press.