Differentiate between prospective and retrospective payment systems.
Question:
Differentiate between prospective and retrospective payment systems.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
The retrospective payment system gives providers greater in...View the full answer
Answered By
Sajeena Mathew
Six years of experience in accounts, Finance & Accounting. My work exposure is in the field of accounts, preparation and Analysis of Financial statements and reports; Handling with the Payroll management, bank reconciliation ,Inventory management, and Administration. Also I have work experience in BPO industry, I had acquired ability to perform in a team or individual environment and capable of understanding and executing the latest management techniques with a never say no and go get it attitude.
0.00
0 Reviews
10+ Question Solved
Related Book For
Essentials of Health Information Management Principles and Practices
ISBN: 978-1439060186
2nd edition
Authors: Michelle A. Green, Mary Jo Bowie
Question Posted:
Students also viewed these Business questions
-
How do prospective and retrospective payment agreements affect the amount reported as net patient service revenue?
-
Standard costing concepts can also be applied to services. Standard service costs are similar in concept to standard product costs. In the medical field, costs of caring for a patient have been...
-
Explain the link between retrospective and prospective analysis. Describe two types of retrospective analysis.
-
Draw a plausible mechanism for each of the following transformations: (a) (b) [TSOH] MENH2 -H20
-
Many of our absorption equations are of the form where and k are positive parameters, and where r(0) = 0, lim c r(c) = and r'(c) > 0. In each of the following cases, identify r(c) and show that...
-
Figure EX26.4 is a graph of E x . The potential at the origin is -50 V. What is the potential at x = 3.0 m? E, (V/m) 200 100 0+ -x (m) 3 1 FIGURE EX26.4 2.
-
The numbers of weeks the 33 leading movies remained at number 1 as of March 2018. Find the mean, the median, and the mode of the data, if possible. If any measure cannot be found or does not...
-
Wyandotte Company provided the following information for the last calendar year: Beginning inventory: Direct materials ..... $25,900 Work in process ..... 44,700 Ending inventory : Direct materials...
-
How can modern computational techniques, such as molecular dynamics simulations, be used to predict phase behavior in complex mixtures, and how do these predictions inform industrial process design ?
-
The following data have been collected for a British health care IT project for two-week reporting periods 2 through 12. Compute the SV, CV, SPI, and CPI for each period. Plot the EV and the AC on...
-
List and discuss the health care plans that paid for services prior to implementation of major government health programs, such as Medicare, Medicaid, and so on.
-
Discuss the purpose of a chargemaster.
-
Assume the annual day care cost per child is normally distributed with a mean of $12,000 and a standard deviation of $2000. What percent of day care costs are more than $13,200 per child annually?
-
write basic source code for a online bank balance checker using the folowing code? The Online Bank The Online Bank
-
A box containing two spin-one systems A and B is found to have angular- momentum quantum numbers J = 2, m = 1. Determine the probabilities that when J, is measured for A, the values m = 1 and 0 will...
-
What is the priority nursing intervention for a patient experiencing anaphylaxis?
-
4. Kaiyang and Maggie are studying the pattern of rainfall where they live in Hurn. Kaiyang decides to record whether or not it is raining at 6 a.m. for the next 10 days. (a) State the name of the...
-
Outline any five differences between the following approaches to testing in education: I. Norm referenced vs Criterion referenced assessments II. Formative vs summative evaluations
-
At the end of its first year of operations on December 31, 2017, ABS Company's accounts show the following. Partner Drawings Capital Jodi Ames..................23,000.............48,000 Jill...
-
Is the modified 5-question approach to ethical decision making superior to the modified moral standards or modified Past in approach?
-
For the kinds of business products described in this chapter, complete the following table (be brief, use one or a few well-chosen words). 1. Kind of distribution facility( ies ) needed and functions...
-
Wholesteen Dairy, Inc., produces and sells Wholesteen brand condensed milk to grocery retailers. The overall market for condensed milk is fairly flat, and theres sharp competition among dairies for...
-
Explain how industry sales and industry profits behave over the product life cycle.
-
In 2019, Rylan Enterprises' net income increased by $2.5 million while its depreciation expense decreased by $500,000, accounts receivable increased by $2,000,000 and accounts payable increased by...
-
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold...
-
The Sky Blue Corporation has the following adjusted trial balance at December 31. Cash Accounts Receivable Prepaid Insurance Notes Receivable (long-term) Equipment Accumulated Depreciation Accounts...
Study smarter with the SolutionInn App