MH0054 – Finance, Economics and Planning in Healthcare Services

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ASSIGNMENT

DRIVE                            fall 2017

PROGRAM                    Master of Business Administration in Healthcare Services Management – MBA(HCS)

SEMESTER                   Semester 3

SUBJECT CODE & NAME     MH0054 – Finance, Economics and Planning in Healthcare Services

BOOK ID                                   B1215

CREDITS                                   4

MARKS                                     60

Note – Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Ques 1. Explain medical billing process in healthcare organisations.

AnsBilling in healthcare is the process of submitting and following up on claims to insurance companies in order to receive

Ques 2. Explain cost allocation in healthcare organizations.

AnsCost Allocation

Healthcare organizations, like any other organization, are required to set priorities and allocate resources within the constraint of limited funding. Despite that, the decision makers are sometimes not

Ques 3. Throw light on the incentives available for healthcare sector under the Income Tax Act.

Ans Incentives Available to Healthcare Sector under the Income Tax Act Recognizing the critical role played by the health Industry, the industry has been conferred with the infrastructure

Ques 4. Explain budgeting techniques in healthcare services.

AnsBudgeting Process for Healthcare Services

The process of preparing a meaningful and useful budget is best undertaken as an organised and structured group exercise. The budget process involves asking a number of questions. These start with plans

Quest 5. Explain different methods of evaluation of healthcare services.

AnsMarginal analysis

This is the one of simplest method of micro-economic evaluation. In this method, there is no need to know the total exact costs or benefits of the various services or treatments. It involves a comparison of the marginal costs and benefits of the alternative services, and it leaves much to the judgements of the decision-maker. It provides estimates of the implications of redeploying resources within, to, or from a programme where alternative patterns of care are possible. If there is no budget restraint, then a programme should be expanded or contracted to the point

Ques 6. Explain the importance of healthcare planning. Add a note of types of healthcare planning.

Ans The Government is conscious of the need for dynamic Indian health planning and management. Innovative healthcare and development programs are the need of the hour. For this, major organizations like the National AIDS Control organization have been established by the Health

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